Food fraud threat to industry is high – but technology can help
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High Economic Impact
: Food fraud can cost the global food industry billions annually due to mislabeling, adulteration, or substitution of ingredients
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Consumer Health Risk
: Fraudulent products may contain harmful ingredients, posing serious health risks to consumers
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Damage to Brand Reputation
: Companies involved in food fraud scandals suffer from loss of consumer trust.
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Increased Regulation
: Governments worldwide are imposing stricter regulations to reduce food fraud incidents.
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AI and Machine Learning
: AI tools can analyze large datasets to detect unusual patterns and potential fraud more quickly than humans.
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DNA Testing
: Advanced genetic testing can verify the authenticity of food ingredients, ensuring they match their labeling.
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RFID and IoT Sensors
: These technologies allow real-time tracking of food shipments, ensuring that temperature and handling standards are met.
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Data Analytics
: Big data analytics can identify fraudulent activity by comparing real-time data with historical standards
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