Food Industry
Industry: Email Alert RSS FeedFoodservice R&D steps up to the plate. (food service product development compared to retail food product development)
Food Processing, August, 1997 by Neff, Jack
Foodservice product development is rapidly catching up with the higher-profile retail R&D. New product development in the retail food sector tends to be taken more seriously because it entails higher costs and is more methodological. In contrast, foodservice R&D requires less investment, involves shorter development cycles and has greater flexibility. However, it is expected to gain more prominence in view of forecasts that foodservice will soon outperform the food retail business.
Growth in restaurant sales puts product development in major leagues.
When it comes to new product development, foodservice has always been a league of its own. R&D staffers on the higher-stakes, higher-profile retail product development side might sometimes look down on foodservice as...
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