Westminster, CO -- (SBWIRE) -- 07/09/2014 -- Jennifer Brusco, Marketing Specialist for TraceGains shared the top ten food trends revealed from attending the Institute of Food Technologists’ (IFT) Annual Meeting and Food Expo held recently. Brusco shared some of the trends below:
1. Waste Not, Want Not. One-third of all food produced globally is lost during harvesting, processing and distribution, or wasted in production or retail and food service.
2. "You Can Trust Us.” Consumer trust has been understandably shaken in light of recent food safety scares and scandals. In fact, two-thirds of consumers prefer to buy food if its origin is known, 29% find local claims to be very or extremely important when making purchasing decisions.
3. Simpler Pleasures. Global consumers indicate that rising prices affect which groceries they buy, leading to an expected increase in budget cooking ingredients like cheaper cuts of meat and canned or frozen fruits and vegetables.
4. Look Out for the Small Guys. Small-scale innovators are making a big impact on the industry. Global launches of hand-crafted or similar claims rose 60% in 2013 from 2012. For example, despite declining beer sales, craft brewers and ingredients associated with "craft snacks" developed by smaller companies saw growth.
Brusco’s complete list can be found on the company’s blog, at: http://bit.ly/VGqMQy.
TraceGains (http://www.tracegains.com) provides food and ingredient manufacturers and brokers with a web-based, full-service supplier, compliance, and regulatory document management solution that automates the management of supplier risk, data, and documentation, making companies 365 Audit Ready™.
TraceGains’ cloud-based SaaS solution works with in-house solutions such as quality management systems (QMS), enterprise resource planning (ERP), and product life-cycle management (PLM), to close the loop on upstream risk. This solution provides collaborative supplier management, and eases compliance with the Food Safety Modernization Act (FSMA), the Global Food Safety Initiative (GFSI), and internal business compliance requirements including hazard analysis and critical control points (HACCP).
TraceGains digitizes all incoming supplier documents, making them easily searchable. TraceGains also extracts critical data and analyzes them against customer-specific business and compliance rules, alerting stakeholders to any non-compliance.
TraceGains’ customers boast a four to six month return on their investment. TraceGains is Food Logistics Top 100 software and technology providers. Learn more about conquering the supplier data revolution at: http://www.tracegains.com/supplier-data-revolution. Follow TraceGains on Twitter @TraceGains.