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The basics to reading your nutritional labels

Defining Food Label Terms:
Low calorie: 40 calories or less per serving
Low cholesterol: 20 milligrams or less and 2 grams or less of saturated fat per serving
Reduced: At least 25 percent less of the specified nutrient or calories than the usual product
Good source of: Provides at least 10 to 19 percent of the Daily Value of a particular vitamin or nutrient per serving
Calorie free: Less than five calories per serving
Fat free/sugar free: Less than ½ gram of fat or sugar per serving
Low sodium: 140 milligrams or less of sodium per serving
High in: Provides 20 percent or more of the Daily Value of a specified nutrient per serving

New and improved nutritional facts label
The Nutrition Facts label is changing in the future and by 2018, most foods and drinks will display the new label shown above. These changes will make it easier for consumers to read and understand proper serving sizes and to make healthier

The main changes to the new Nutrition Facts Label include:
-Servings per container will be listed above serving size.
-The serving size on some labels will be different than serving sizes listed in the past and will better reflect the amount people normally consume.
-Nutrition information will be listed for both serving size and servings per container if it is a food or drink that could be consumed as a single serving.
-Added sugars will be listed, allowing you to see the difference between the amount of naturally occurring sugars compared to sugars that have been added.
-Vitamin D will be required on the label, instead of Vitamin A.
-Vitamin C is no longer required to be listed.
-The amount of Potassium will also be required.
-Some of the % Daily Values will also be different.

Marcason, Wendy. (2014). Quick Guide to Food Label Terms

Wolfram, Taylor. (2016). The Basics of Nutrition Facts Label.