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The tariffs implemented in 2017, and the potential tariffs projected for 2025 reflect different economic climates, policy objectives, and international trade dynamics. Here is a comparison of these tariffs, along with their potential ramifications in the food ingredient space: 2017 Tariffs Overview: The administration introduced tariffs primarily on steel and Read more…
Market Intelligence By Thom King – Chief Innovations Officer Icon Foods Six months ago, I took a title change. [1] It was time for me to hand the reins over to the younger generation so they could get their turn. This is not a move I regret. It has given me Read more…
Front-of-package labels have reached Congress with the introduction of the TRUTH in Labeling Act by Senator Richard Blumenthal and Representative Jan Schakowsky. This proposed act would require the FDA to create new labels highlighting added sugars, sodium, and saturated fat on food and beverage packaging within three years. Supported by Read more…
Market Intelligence Report: Entering Q3 2024 By Thom King – Chief Innovations Officer, Icon Foods Here we are emerging out of the 2nd quarter. It feels like Q1 was just yesterday. First let’s talk about the sticky situation within the sugar industry. If you work with sugar, in the Read more…
Allulose is well stocked! Get ahead of the supply chain crunch. Recently, our procurement team began reaching out to some of our industry partners to inquire about their stock levels of allulose. Unfortunately, many of them are starting to see extended lead times, price increases, and fully allocated stock. Read more…
Clean Label Snacks are on the Rise! Why adhere to three square meals a day when you could opt for snacking instead? According to Mondelez International’s Fifth Annual State of Snacking report, a significant majority—6 out of 10 consumers surveyed over the past five years—express a preference for frequent, smaller Read more…
School Nutrition Standards Receive Historic Update School lunches have received a historic update! On April 24, 2024, the USDA finalized its updates to the School Nutrition Standards. First proposed in February 2023, the revisions were designed to reduce diet-related diseases by limiting added sugar, reducing sodium levels, and increasing nutritional Read more…
Preparing for Q2 2024: Market Intelligence Report Good afternoon fellow food scientists, manufacturers, formulators, and enthusiasts of Clean Label Sugar Reduction. You know, in the past, we’ve seen our fair share of challenges and disruptions in the supply chain. 2023 was a year of recovery, giving the air of a Read more…
Lock in Chocolate Chip Prices Before Cocoa Inflates! Cocoa prices have surpassed a 46-year-old record, with cocoa futures closing Thursday at $5,635 per metric ton, surpassing the previous record of $5,368 set in July 1977. This 7.1% price increase arrived just ahead of Valentine’s Day (2). Projections indicate a greater Read more…
Pet Gut Health: Understanding and Promoting a Healthy Microbiome in Companion Animals Most people don’t realize a pet’s gut health plays such a crucial role in their overall well-being until they find themselves deep cleaning their carpet. Like humans, the pet gut microbiome consists of trillions of microorganisms that directly Read more…