
Global sugar prices will continue to increase, latest research finds
According to research firm The Smart Cube, sugar prices have risen by 41.9% from June 2022 to June 2023, and it appears they will continue to rise.
According to research firm The Smart Cube, sugar prices have risen by 41.9% from June 2022 to June 2023, and it appears they will continue to rise.
The Food and Drink Federation (FDF) predicts that consumers will inevitably face higher food and drink prices over the next few years, causing a knock-on effect for food processors across the country.
Specialists at the Food Innovation Centre at the University of Nottingham have turned the spotlight on sugar reduction in their latest factsheet for the food and drink industry.
Exemptions for small businesses from the ban on certain food adverts being shown online and on television before 9pm could lead to “unexpected impacts”, according to a law expert.
The FDF has criticised the move, in this year’s Queen’s Speech, to address obesity issues including the banning of TV adverts for ‘unhealthy’ foods alongside a total ban online.