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Blockchain food safety collaboration forms in China

Organic Food and Beverages 2017 Global Market Expected to Grow at CAGR 13.76% and Forecast to 2021

Propelled by rising consumer awareness, organic products have become one of the highest growth segments in the food and beverages market. According to a report by Wise Guy Reports, the global organic food and beverages market is expected to grow at a CAGR of 13.76 percent in the time period from 2017-2021. [Full article]

Blockchain food safety collaboration forms in China

Blockchain holds incredible potential to deliver transparency and promote food safety. In China, Walmart, IBM,, and the Tsinghua University National Engineering Laboratory for E-Commerce Technology have formed the Blockchain Food Safety Alliance. The Alliance will work with food supply chain providers and regulators to develop standards and partnerships necessary in order to explore and enable the application of this technology. [Full article]

Finding value in surplus food: Study finds high levels of consumer acceptance 

Researchers from Drexel University in Philadelphia have found that consumers have a high level of acceptance for foods created from ‘waste’ ingredients when they are communicated as ‘Value-added surplus foods’. Annual food waste in the EU totals 88 million tonnes annually. [Full article]

Tencent buys stake in Chinese supermarket chain, waging war with Alibaba in new retail

Tencent Holdings has agreed to purchase a stake in one of China’s largest supermarket chains, Yonghui Superstores. The move is part of the ongoing online-offline battle underway between Alibaba Group Holdings and Tencent Holdings. Internet giants in China are seeking to make the experience between offline and online shopping seamless. [Full article]

'Frorks,' unicorns: 5 trends rocking the food industry in 2017

In 2017, McDonald's went upmarket, Amazon entered the offline retailing world, fast-food restaurants consolidated, coffee entered the plastic bottles, and Starbucks released the Unicorn Frappuccino. It was a transformative year for the American food industry. [Full article]

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