As one of the largest food product industries in the world, the Herbs & Spices market was evaluated at $11 billion in 2022 with projections estimating to reach $18 by the year 2030. Understandably so, since this is one of the largest food product categories containing thousands of products with many food & beverage companies worldwide not only manufacturing or processing them but also a vast number of companies utilizing such products in their recipes.
Recent outbreak in the market
However, the recent lead poisoning in applesauce products containing cinnamon has raised the alarm for food & beverage companies when it comes to ensuring the food safety of their products.
They are worried that they:
- lack an overview of all risks to their supply chain
- are exposed to a future recall or even a brand-damaging outbreak.
Taking a dive into the last five years we compiled a short food safety risk report about the product category highlighting the trends, product with most incidents as well forecasts for increasing risks.
What food safety insights do the past five years reveal to us and what does predictive analytics illuminate about the next months for the product category?
Download the report:
- the food safety history of the product category over the last 5 years
- the product and geography with most food safety incidents in the product category incident
- forecasts and emerging risks for the product category for the next months