Enforced labeling on genetically engineered foods could reduce consumer purchases
Mandatory labels alerting customers that products containing ingredients from genetically engineered plants may hurt sales – at least in the short term – according to a new study from Penn State’s College of Agricultural Sciences in the US.
The report sheds light on the potential repercussions of the newly introduced National Bioengineered Food Disclosure Standard, which mandates all US-based producers to disclose these ingredients, enacted last January. The study analyzed sales trend data from Vermont after a law there went into effect requiring labels on genetically engineered foods – the only mandatory statewide genetically engineered labeling policy that has ever been implemented in the US. Linlin Fan, assistant professor of agricultural economics at Penn State, remarks how the findings offer insights about how a new law mandating labels on genetically engineered foods nationwide in the US will affect sales trends.
“We know that genetically engineered products are safe, but many are concerned that mandatory labeling would lead to people rejecting these products and increased problems with food insecurity,” she explains. “While we did see a small decrease in sales, it wasn’t a large effect, and we also found that attitudes about genetically engineered products improved over time.”
Benjamin Ferrer / Fodd Ingredients First
Related news
Portugal’s new government reverses Nutri-Score pack labelling plan
Lisbon’s former government had proposed to adopt the traffic-light labelling…
Read more >Inspection of propagating material sales has begun: the authority visited the unloading fair in Lajosmizse
With the arrival of spring, the sale of grape and…
Read more >Announcement of the Public Benefit Association of Conscious Buyers
The overwhelming majority of consumers both here and in Europe…
Read more >Related news
Autumn brought a more restrained result in tourism
Following the summer growth, September showed more modest numbers in…
Read more >Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Chocolate fever and spicy orders – this is how Hungarians celebrate Halloween
Special orders and new candy trends in Central Europe: intimate…
Read more >