Woman eating lunch while working from home.

A . Elizabeth Sloan

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    Expect 2023 to be a year of new opportunities for the food industry as inflation-driven behaviors are offset by heightened interest in food as medicine, sustainability, new food technologies, and a demand for more exciting everyday fare.

    Food and beverage dollar sales remain strong even as unit sales decline. Center-store dollar sales jumped 11.1%, and fresh perimeter dollar sales were up 6.3% in the fourth quarter of 2022 versus a year ago, according to IRI. Price inflation remained high in the …

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    About the Author

    A. Elizabeth Sloan, PhD, a member of IFT and contributing editor of Food Technology, is president, Sloan Trends Inc., Escondido, Calif. ([email protected])