The cost of a product recall in the food industry

Recalls are a huge threat to food businesses and can result in catastrophic outcomes for both company and consumer. 

The direct costs for recalling a food product are:

• Assembling a crisis team
• Removing the product from the market
• Investigating and addressing the cause
• Managing the PR fallout  

The indirect costs are:

• Litigation
• Stock value decline
• Fines
• Loss in sales
• Industry impact
• The infographic reveals that nuts and sweets are the most commonly recalled food product in the US (21%), whereas fruits and vegetables account for the largest proportion of recalled products in the UK (27%).

See the full infographic here:

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