New FDA Food Labels: $2 Billion on the Line?
Posted at 1 p.m. on July 28, 2014
The Food and Drug Administration earlier this year proposed changes to nutrition information labels included on most packaged food products. The agency has extended the public comment period until Aug. 1 on the proposed label rules.
CQ Roll Call’s Georgina Gustin reports that the new labels will be costly for food manufacturers and the FDA estimates the food industry will spend $2 billion adjusting product nutrition information.
Manufacturers are also wary of the label proposal’s call for a new label details noting “added sugars” in products.