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Longer Food Buffs increases all of the game's food buff durations, such as health/stamina increases and life regen by 50%, making it so you don't have to keep eating every couple of minutes.

No values are changed for buffs that increase stats such as health or stamina; Except for Life Regen, which had its cooldown also increased by 50%, meaning you will regen health slower than normal, but for longer.

These changes should make combat a bit more risky unless you're willing to force feed yourself stacks of food to regain instant health or to give your health some time to regenerate.
But the mod will also allow you to "eat and forget" for longer, saving food on the long run for times when you need it most and so you're not always having to refresh food buffs.

Note:
Food item descriptions are not updated to reflect the mod's changes, but it still works. If you want to know exactly how long each buff lasts just multiply the tooltip's value by 1.5x.