The implementation of the healthy food industry strategy is a powerful booster to promote the transformation and upgrading of the food industry and the improvement of benefits, and it brings huge development opportunities and challenges to some fields. The concept of high-quality development of the food industry is not only satisfied with the qualified rate of food, but also needs to improve the level of guarantee throughout the entire process of the entire industrial chain.
Globalization Of The Food Supply Chain
Food is traded across borders like never before. Merchants are hungry for growth and looking to increase revenue in foreign markets. But, faced with thin margins, businesses choose to source products from low-cost suppliers around the world. Globalization is increasing risks to food safety and quality, and posing more challenges to traceability and control of supply chains.
Supply Chain Integration
As the global food trade is subject to more regulations, food companies are investing millions to integrate their supply chains to improve food safety and traceability. At the same time, the government is issuing policy and strategic announcements to encourage the integration of supply chains to help companies improve.
Food Safety Incidents And Increased Scrutiny
High-profile incidents of food safety and adulteration are fueling public health concerns and damaging the credibility of the food industry and governments around the world. With the popularity of social media networks, and increased social attention, a simple lapse in quality control can quickly turn into a scandal and make international headlines.
Rising Regulatory Standards
Governments, especially the Chinese government and the US government, have adopted stricter and more complex regulations to control quality standards, supervision and penalties. This creates unprecedented compliance risk and expense pressures for companies operating, sourcing and selling in multiple jurisdictions.
Shift In The Global Economy
The growth of Asian economies, especially China and India, is creating huge new consumer markets. In 2015, the Asia-Pacific region will have a larger middle-class population than the United States and Europe combined. We predict that by 2030, the purchasing power of E7 economies will exceed that of G7 economies.
Breakthrough In Science And Technology
Technological advances have improved our ability to detect hazards and identify risks. New technologies, such as GPS maps of farms and genetic markers, have been commercialized. Along with data analytics, these technologies can enable tighter control over the entire supply chain, improving quality and efficiency. Enhanced traceability will increase accountability at all stages of the supply chain, enabling companies to conduct targeted recalls quickly. The combination of traceability and social media will bring unprecedented transparency to consumers about the origin and ingredients of food.
Changes In Food Demand
Economic development and population growth are driving overall food consumption, while a growing middle class seeks better quality and greater variety. Greater purchasing power has led to a marked increase in the consumption of high-protein products, with important implications for the environment and agriculture. There is also an increasing demand for certain needs, such as organic or halal food.
Increased Consumer Influence
The Internet provides consumers with access to a wealth of information on food and health issues. At the same time, social media allows every consumer to share and record their opinions on food quality and safety. With just their mobile phone, anyone can expose problems and expose food scandals through text, pictures and video. In response, food companies are investing more in communications, risk management and crisis response.
From Compliance To Competitive Advantage
The world's leading food companies set internal standards that are far stricter than required by law. Beyond merely complying with safety regulatory requirements, their goal is to differentiate themselves from competitors through superior quality, and to earn consumers' trust and brand loyalty.
Population Growth And Lack Of Resources
As the population grows and prospers, agricultural production will need to increase by 70% by 2050 to feed the world's population, yet our current consumption of resources is no longer sustainable. Governments and corporations are using new technologies, mergers and acquisitions, and even diplomatic relations to gain access to more water, energy, and land resources to feed the future of food.
