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October 13, 2014

Calls for reform after second Taiwan food oil recall

A second major food safety scandal in Taiwan within the past two months has prompted a call for the reform of existing certification systems.

A second major food safety scandal in Taiwan within the past two months has prompted a call for the reform of existing certification systems. 

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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
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The Taiwanese regulatory system sees food products and manufacturers assessed for good manufacturing practice and agricultural standards.

Last week, consumer food authorities recalled 54 lard products of food producer Ting Hsin International after more than 850 tonnes of cooking lard oil it imported from Vietnam had been meant for animal use. Concerns are now surfacing the system needs reviewing since the checks are not being carried out sufficiently.

In September, another company, Chang Guann Co., was found to have sold adulterated cooking oil to food processors, restaurants and school canteens.

“The GMP system shows flaws all the time because checks are not strict at all,” Du Yu, chief executive officer of the Chen-Li Task Force for Agricultural Reform, a prominent food standards lobbying group, told just-food. “And also the CAS verification should be replaced, as verification units frequently fail to act according to the standard’s provisions.”

To prevent a shortage of lard oil, on Saturday Taiwan Premier Jiang Yi-huah authorised emergency imports from Japan, Spain and other “advanced countries”.

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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