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Opinion

The Future of Food Traceability: Innovations, Challenges, and Regulatory Strategies

Food information, transparency, and traceability are becoming more important in the global food landscape. Consumers today are highly interested in the origins and production processes of their food, with a strong focus on ingredient quality. Food traceability is identified as a leading trend for 2023, with substantial investments projected to reach $31.7 billion by 2028. The traceability process begins at farms and fields, where strict marking and coding of products take place, ensuring that critical information about production, origin, and even feed is accessible to consumers. Traceability serves the dual purpose of assuring food safety and ethical production while improving operational efficiency and enabling effective recalls. Advanced technologies like blockchain, smart labels, and integrated platforms are transforming the food traceability sector, enhancing food safety standards and boosting consumer confidence.
Mzingaye Ndubiwa · Sep 22, 2023
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Report

Enhancing Your Dried Fig Sourcing Strategy: Supplier Profiles and Insight

Tridge's this comprehensive report on the Global Dried Fig Market provides a holistic overview of the industry, highlighting intricate dynamics and emphasizing Türkiye's pivotal role as a major market participant. Delving into the supplier landscape, an exhaustive perspective of the dominant players is presented, complemented by a detailed segmentation of the supplier ecosystem. The comparative analysis further explores primary export destinations, elucidates market trends via unit price comparisons and supply volume data, and underscores the criticality of certifications and compliance. The following report culiminates with essential takeaways and insights, establishing itself as an indispensable guide for those seeking a profound understanding of the dried fig sector.
Jasurbek Ayupov · Sep 18, 2023
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Analysis

Indian Almond Prices Decrease due to Revised US Import Tariffs and Harvest Pressure

Indian in-shell almond prices experienced a 3% month-on-month decrease, falling to $7.85 per kilogram as of September 28. This decline was influenced by a reduction in import tariffs on US in-shell almonds, which were lowered from INR 41/kg to INR 35/kg. Additionally, the ongoing Northern Hemisphere harvest season contributed to the downward price trend. Although short-term expectations suggest a continued decline in almond prices, prices could find support over the medium to long-term as global supply and demand rebalance.
Theo Venter · Oct 3, 2023
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Analysis

The Wholesale Price of Belgian Jonagold Apple Plummeted 30.77% MoM Due to Quality Issues

The wholesale price of fresh Jonagold apples in Belgium has sharply declined, with a 30.77% month-over-month drop, driven by quality issues caused by a rainy growing season and apple scab disease. Belgium's overall apple harvest for 2023 is expected to decrease by 14.9% year-over-year due to reduced cultivation area and production, further contributing to the price drop. Tridge predicts that Jonagold apple prices in Belgium will likely rise soon, driven by decreased supply and limited availability of high-quality apples.
Bojan Mijatovic · Oct 3, 2023
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Opinion

Resilient Recovery: Spanish Banana Market Bounces Back After Volcano Eruption

The Spanish banana market is rebounding after a setback caused by a Cumbre Vieja volcano eruption in 2021. Production in the Canary Islands, especially La Palma, has recovered, with an expected volume of 395,160 mt in 2023. In 2022, exports fell by 36.74% due to reduced production, global factors, and higher prices. While this export decline may seem negative, it increased prices, benefiting importers. Costa Rica was the top supplier in 2022, with a 38% market share. Despite inflation and currency fluctuations, the Spanish banana market is resilient and expected to rebound with improved quantities and exports.
Bojan Mijatovic · Sep 30, 2023

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