Each Friday we’ll bring you a roundup of news from CFIN, YODL and around the food world.
As seen on YODL
Check out this week’s most viewed discussions:
Job in Food industry
Discount code for Restaurant Canada Show
Aerosol copacker
Around the Food World
Tetra Pak announces plans for packaging research into paper straws.
Good Meat has received a “no questions” approval letter from the U.S. FDA for its cultivated protein.
A new study shows fibre intake is associated with lower risk of cognitive decline in seniors.
Did you Know?
Farm Credit Canada (FCC) has released its 2023 Food and Beverage Report, covering the food and beverage industry’s key economic indicators for 2022. Here are a few highlights:
Due to a combination of inflationary pressures, higher costs and a tighter labour market, food and beverage manufacturing gross margins as a per cent of sales fell to the lowest level in 20 years. Margins are expected to rise slightly in 2023.
Retail food prices increased 8.9% year-over-year, the fastest increase since 1981.
Food and beverage manufacturing sales increased 10.6% year-over-year in 2022, while foodservice sales rose approximately 27%, and retail grocery sales grew 2%.
#foodandbeveragemargins
#economicreport
#foodinflation
#cellularfood
#fibre