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Conclusion

What is product development?

Reasons for product development

Innovations are new ideas. Food product development are new ideas in food.

Food companies spend large amounts of money developing new products to keep customers interested in their brand.

Question: List 5 new products that have come out in the supermarket this year.

**Different/new flavors of doughnuts are product innovations**

Define the following terms:

  • Market concerns
  • Technological developments
  • Increasing company success
  • Consumer demand
  • Special applications
  • Target market changes

Food Product Development

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