In food science, what does COL stand for?

In food science, COL stands for Cost of Living. This term typically refers to the economic factors affecting food prices, including variations in cost based on geographic location, market demand, and overall economic conditions. Understanding COL is essential for food scientists and industry professionals, as it influences not only pricing strategies but also accessibility and affordability of food products for consumers. Monitoring the cost of living allows for better planning and pricing in food production and distribution sectors, ensuring that businesses can remain competitive while also considering consumer needs.