FDBusiness.com

Business Growth For UncertainTimes

 Breaking News
  • HKScan Strengthens its Meals Offering With Investment in Estonia HKScan, the leading Nordic food company, plans to invest in its Rakvere unit in Estonia. The €8 million investment will go towards modernising the unit’s frying department, including the expansion of the building and the installation of new cooking and packaging lines enabling implementation of new technologies and packaging solutions. Construction is to commence in [...]...
  • Food and Drink is at the Heart of the UK’s Largest Packaging Show Packaging Innovations, Empack and Label&Print returns to Birmingham’s NEC on 28 February-1 March 2018, and is set to be the most innovative show to date. With over 290 exhibitors already signed up, the UK’s largest annual event for the entire packaging supply chain will feature the latest industry innovations and technologies, alongside a major free-to-attend [...]...
  • AGRO Merchants Group Acquires Grocontinental AGRO Merchants Group, a global leader in cold storage and logistics solutions, announced today the acquisition of UK-based Grocontinental Limited. This transaction reinforces AGRO’s position as the leading cold storage and logistics provider in the United Kingdom and Ireland, deepens its commodity expertise, and substantially enhances its value-added service offerings for customers. David Grocott and Linda Grocott, third generation owners of [...]...
  • Trade Fair and More – The Event and Congress Programme For Anuga FoodTec 2018 Resource efficiency will be the primary focus of Anuga FoodTec 2018, the leading international supplier fair for the food and beverage industry, which will be held in Cologne, Germany from 20 to 23 March 2018. Around 1,700 suppliers from more than 50 countries will be presenting their new products for the production and packing of [...]...
  • TINE to Invest €77 Million in New Jarlsberg Plant in Ireland TINE, Norway’s largest farmer-owned dairy co-operative, is to invest €77 million in a dairy with the capacity to produce 20,000 tonnes of Jarlsberg cheese a year. The goal is to secure and strengthen Jarlsberg sales outside of Norway as export supports are phased out in 2020. This will make export of Jarlsberg from Norway unprofitable. “Jarlsberg [...]...

Business Growth For UncertainTimes

Business Growth For UncertainTimes
September 16
11:39 2016

“Uncertainty is something the Irish food and drink industry has been grappling with for some time,” commented Una FitzGibbon (pictured), Marketing Director of Bord Bia (the Irish Food Board), at the recent Food & Drink Business Conference and Exhibition in Dublin. She was referring to how the industry had faced challenges such as the ‘credit crunch’ in 2008 and the more recent ‘horsemeat crisis’.

“Brexit is a profound crisis and a prolonged crisis,” she added. “Clearly there is an immediate currency impact effect and Bord Bia is providing assistance on an ongoing basis.”

With 63 million consumers, “the UK is the most sophisticated retail and food service channel probably in the world. It has led the industry in many ways and continues to invest in technology,” she remarked. “It has also invested in standards, to pre-empt what consumers are looking for, and in securing its supply chains.”

BordBiaBrexitSince 2008, Irish food and drink companies have been working on improving their innovation and sustainability. These ongoing efforts will become increasingly important in the Brexit era.

“Potentially there will be more competition and less expensive product on the market for some time,” she said. “This will require a change in equilibrium between price and value, as perceived by consumers.”

She identified two clear routes to rebalancing. Reducing costs to produce the same products for less is one option. However, much has already been done by Irish food and drink manufacturers in this regard leaving limited scope for further cost reduction.

Origin Green

BordBiaOriginGreenLogo“The other option is to increase value for consumers.” She continued: “Origin Green is addressing both sides of the value and price scale.”

Origin Green is Bord Bia’s innovative sustainability programme, which is underpinning Ireland’s green image abroad. The programme sets out Ireland’s ambition to become a world leader in the delivery of sustainable, high-quality food and drink products. Indeed, Bord Bia believes it will be key in setting Irish food and drink exporters apart from their competitors.

The Origin Green programme is helping manufacturers to cut costs in energy consumption, water usage and waste. It is also adding to the ‘value’ proposition by allowing Irish manufacturers to show that their food and beverage products are independently certified as being sustainably produced. This is helping to differentiate Irish food and drink products in international markets. “Customers need a secure and safe food supply,” concluded Una FitzGibbon, who leads the strategy and communications for Origin Green.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 8, 2018RAI Exhibition
  • January 16, 2018Sival Plant Production Trade Show
  • January 17, 2018Dutch Organic Trade Fair
  • January 17, 2018Anfas Food Product
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements