Reported 8 months ago
A recent increase in the prices of squid, by 20%, coupled with the already soaring prices of octopus, is posing challenges for food businesses making dishes like 'takoyaki' which traditionally uses octopus but often substitutes with squid due to cost differences. The rise in prices is affecting various vendors and even affecting consumer choices. Both the convenience of sourcing and the flavor profile of squid are highlighted as reasons for its substitution of octopus in some dishes. The increase in raw material costs is impacting not only the prices but also the availability of these seafood items, forcing businesses and consumers alike to be more cautious with their spending.
Source: YAHOO