Global sugar prices increased by 41.9% in the 12 months to June 2023, with insights firm The Smart Cube projecting further rises in the second half of this year.
The 2023 Broken Plate report from The Food Foundation has highlighted the rising cost of healthy and sustainable food, and how this disproportionately impacts the poorest people in society.
Bethan Grylls investigates the instability of the UK’s food system, where the responsibility lies to incite change, and the debate of food price vs production price in this in-depth article.
Food Manufacture’s Bethan Grylls speaks to several experts to find out how inflation, climate change and supply chain woes will influence buying behaviour, new product development and operations in 2023.
With the last several years including a series of unprecedented events and challenges, Food Manufacture seeks the expertise of several food and drink leaders to find out what’s on the cards for 2023.
As we enter the new year, Food Manufacture examines three key ingredients challenges and opportunities for the food and drink sector, from rising costs and purchasing habits, to the food safety risks of climate change, and the potential of precision fermentation....
Russia’s invasion of Ukraine and the subsequent sanctions, trade restrictions and supply chain disruption will lead to food price rises and the possibility of temporary shortages, according to the Food and Drink Federation (FDF).
Food manufacturers will benefit from lower production and distribution costs as the tumbling price of oil drives down global food prices, according to a new report from multi-national banking group Rabobank.
Rising food prices will prompt more than a third of UK consumers to buy more own-label food and drink products, reveals research from consumer insight organisation Nielsen.
