Trend | Range | |
---|---|---|
Most risks: | ||
Product recall | Flat to +5% |
The Food and Drug Administration (FDA) is ramping up its use of technology relative to food safety, since the adaption of the Reportable Food Registry, which allows companies to self-report potential contaminated foods. The agency will be better able to track patterns and focus inspections on particular products, pathogens and allergies. As the underlying data becomes more available and accurate, it will likely become a focus of underwriting and influence submissions.
Marketplace changes appear to be favorable to buyers.
COVID has had broad impact on the recall market.
Brand reputation is a complicated issue in the Internet age.
Changes in government regulations stand to alter the rules of the game.
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