Blockchain Will Save $31 Billion in Food Fraud Savings

Blockchain will be responsible for $31 billion in food fraud savings by the year 2024, according to new research from Juniper Research, reports CNBC. Blockchain, in addition to IoT trackers and sensors, will help keep costs down for retailers, in addition to building trust with consumers. Today, transparency and efficiency in the food supply chainRead More

Industry Leaders Expect Sales Growth in 2020

Eighty-four percent of food and beverage industry leaders expect sales growth in 2020, according to the 2019 Mazars Food & Beverage Industry Outlook, reports Food Dive. The number is 6 percent less than last year. Survey respondents reported that they think new customers, sales channels, and products will influence the growth. Though respondents are expectingRead More

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