New products = higher margins.

64% of the food processors who develop innovative products achieve higher margins than those who don’t.

64%

There is a lack of product innovation in the food industry today.

Only 17% of food companies launched a new or improved food product during a 3 year period.

17%

97% of U.S. companies lack an in-house R&D department.

How can companies innovate if they lack dedicated resources?

97%

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