FOOD FRAUD IS BIG CRIMINAL BUSINESS THAT CAN PUT BUSINESSES AND CONSUMERS AT RISK
March 2nd, 2020
AS online food sales boom to aid self-isolation during the Covid-19 outbreak, the risks of counterfeiting and piracy within the food and drink sectors will become more evident. This comes as regulators are mulling tougher action to fight this commercial crime. Keith Nuthall and Poorna Rodrigo report.
Food fraud is big business. The US Grocery Manufacturers Association has estimated that globally, food fraud is estimated to cost the food industry between USD10 and USD15 billion per year, affecting about 10% of all commercially sold food products. The ...
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