______________________________________________________________________________________________________ Food fraud
According to estimates from the Food and Drug Administration ( FDA ), food fraud could affect at least one percent of the global food industry , costing as much as $ 40 billion . It ’ s a much more common issue than many may think , and it has knockon effects on both consumers and the farming industry producing the food .
But where is the point of origin for this fraud ? And how badly is it affecting the global food industry beyond the monetary loss ? Electrix , a leading global supplier of electrical junction boxes that works closely with the industry , has offered expert insight into food fraud throughout the country and how it connects with other regions around the world .
A brief intro to food fraud
Food fraud is a concept that ’ s been around for a long time , but it cannot be stated enough how negative an impact it has on organic farming in America . Fraudulent practices in the food industry can seek to take advantage of the premium prices associated with organic products , especially as they can cost around 21 percent more than their conventional equivalents .
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