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Mixed outlook for British hospitality in 2024 after 800 licensed premises lost in Q4

    Mixed outlook for British hospitality in 2024 after 800 licensed premises lost in Q4

Britain’s number of licensed premises dropped by 0.8% in the fourth quarter of 2023, the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals. The figure is equivalent to 803 net closures in three months, or

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Diageo contributes €13 billion to Europe’s economy every year

    Diageo contributes €13 billion to Europe’s economy every year

A new report from Oxford Economics shows that Diageo – a global leader in beverage alcohol, with brands including Johnnie Walker, Smirnoff, Baileys and Guinness – is contributing over €13

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Scotch whisky boosts UK economy by £7.1 billion

    Scotch whisky boosts UK economy by £7.1 billion

The contribution of the Scotch Whisky industry to the UK economy reached £7.1 billion in 2022. A new report by the Scotch Whisky Association (SWA) also reveals the industry supports

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Irish food and drink exports exceed €16 billion for second consecutive year

    Irish food and drink exports exceed €16 billion for second consecutive year

The value of Ireland’s food, drink and horticulture exports were almost €16.3 billion in 2023, according to Bord Bia’s Export Performance and Prospects report 2023/24. Exports were impacted by inflation

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Made Smarter national roll-out to turbo charge SME manufacturers in British food and drink sector

    Made Smarter national roll-out to turbo charge SME manufacturers in British food and drink sector

Made Smarter, a programme helping SME manufacturers in the UK food and drink sector access technology and digital skills, is to be rolled out nationally. The Government has committed to

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Record €19 billion in Irish agri-food exports

    Record €19 billion in Irish agri-food exports

The Department of Agriculture Food and the Marine has published its Annual Review and Outlook for 2023, which underlines the critical importance of the agriculture, food and marine sectors to

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Tate & Lyle research highlights young people are driving growth in bakery

    Tate & Lyle research highlights young people are driving growth in bakery

Tate & Lyle’s new consumer insights report1 reveals significant growth opportunities in the bakery sector, with almost half of young people (45%) buying baked goods daily as they see them

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Value of Irish foodservice industry increases but cost-of-living crisis impacting consumers – Bord Bia report

    Value of Irish foodservice industry increases but cost-of-living crisis impacting consumers – Bord Bia report

Findings from Bord Bia’s annual Foodservice Market Insights report show that the Irish ‘out of home’ sector was up nearly 13% this year to a new record high of €9.3

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Irish Whiskey tourism shows continued strong post-Covid recovery, but fresh challenges face the sector

    Irish Whiskey tourism shows continued strong post-Covid recovery, but fresh challenges face the sector

A recent survey of Irish Whiskey distilleries shows a strong boost in staff and visitor numbers this year, but also signals the future challenges for the sector, with rising operational

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70-80Mha of additional cropland is required by 2030 to sustain the world’s demand for food, feed, fuel and natural capital

    70-80Mha of additional cropland is required by 2030 to sustain the world’s demand for food, feed, fuel and natural capital

McKinsey & Company has released its latest insight on catalyzing a sustainable land use transition, revealing that 70-80Mha of additional cropland, equivalent to all of Brazil’s[i] cropland or 3x Tanzania’s[ii], will be

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Consumers still craving Ireland’s On Premise despite cost of living crisis

    Consumers still craving Ireland’s On Premise despite cost of living crisis

Some of Ireland’s consumers have reduced their On Premise visits because of soaring costs, but most remain eager to eat and drink out whenever they can. ‘Playing to win in

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Irish dairy industry worth €17.6 billion to the economy

    Irish dairy industry worth €17.6 billion to the economy

Dairy Industry Ireland (DII), the Ibec association representing the sector, has unveiled a new comprehensive report that highlights the substantial economic contribution, global market potential, and commitment to sustainable practices

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Resilient UK food and drink manufacturers remain confident despite mounting challenges

    Resilient UK food and drink manufacturers remain confident despite mounting challenges

Eight in 10 (81%) leaders in the UK food and drink sector feel positive about the prospects of the industry over the coming year, but mounting pressures including the twin

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61% of Irish Food & Agribusiness SMEs say finding the right team is one of the biggest hurdles to growth

    61% of Irish Food & Agribusiness SMEs say finding the right team is one of the biggest hurdles to growth

Ifac, Ireland’s farming, food, and agribusiness specialist professional services firm and a top 10 accountancy firm, has published its sixth annual Food and Agribusiness Report 2023 – the only report

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Rockwell Automation Study reports 44% of Consumer Packaged Goods leaders accelerate Digital Transformation to improve quality

    Rockwell Automation Study reports 44% of Consumer  Packaged Goods leaders accelerate Digital Transformation to improve quality

Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, has announced the results of the 8th annual ‘State of Smart Manufacturing: CPG Edition’. The global study

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Sustainability takes centre stage in Ireland’s On Premise

    Sustainability takes centre stage in Ireland’s On Premise

Sustainability and ethical practices have become key elements of consumers’ decision-making in Ireland—with crucial consequences for on premise businesses. According to CGA by NIQ’s ‘2023 Consumer Insights Report’, two in three adults

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Strong performance by Irish alcohol spirits sector

    Strong performance by Irish alcohol spirits sector

The spirits sector once again demonstrated its strength with sales in Ireland increasing by just over 6% in 2022 to just under 2.7 million nine litre cases, while the value

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CGA report highlights sporting chance for growth in Ireland’s On Premise

    CGA report highlights sporting chance for growth in Ireland’s On Premise

New research from CGA by NIQ reveals the value of live sport in Ireland’s pubs and bars—and what suppliers can do to capitalise on fans’ interest. CGA’s exclusive On Premise Sports

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Hospitality industry accounted for 10% of UK administrations in 2023

    Hospitality industry accounted for 10% of UK administrations in 2023

The hospitality industry accounted for 10% of administrations in the first six months of 2023 – the fourth highest sector in the UK – according to analysis by full-service law

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Bakkavor makes progress on its carbon, food waste and sustainable sourcing targets

    Bakkavor makes progress on its carbon, food waste and sustainable sourcing targets

Bakkavor, the UK’s leading producer of fresh prepared food, is making progress on its efforts to reduce carbon emissions and food waste, as well as defining a roadmap to ensure

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Total UK food and drink market moving towards recovery by 2025

    Total UK food and drink market moving towards recovery by 2025

The total UK food and drink market is predicted to be worth £315.2 billion by 2028, experiencing a growth of 19% from 2023 (£265 billion), according to a unique new

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Food manufacturing is holding back vital investment for the UK economy

    Food manufacturing is holding back vital investment for the UK economy

Expected longer-term market volatility is impacting investment by the UK’s food and drink manufacturers, according to the Food and Drink Federation’s latest State of Industry report for Q1 2023. The

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Tirlán increases revenue by 36% to €3 billion in first year of operation

    Tirlán increases revenue by 36% to €3 billion in first year of operation

Tirlán (formerly Glanbia Ireland and Glanbia Co-op), Ireland’s largest farmer-owned food and nutrition business, has announced its first Annual Report

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Carbery Group sees revenue growth of 31% to over €700 million as profits rise 4% to €52.1 million

    Carbery Group sees revenue growth of 31% to over €700 million as profits rise 4% to €52.1 million

Carbery Group, the international ingredients, flavours, and award-winning cheese producer, has reported a positive financial performance for the year ended

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British hospitality loses 4,600 venues in 12 months, but closures slow in early 2023

    British hospitality loses 4,600 venues in 12 months, but closures slow in early 2023

Britain has suffered a net decline of 4,593 licensed premises in the last year to March 2023, the new Hospitality Market Monitor from CGA by

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Cost cutting efforts boosts demand for simpler meals

    Cost cutting efforts boosts demand for simpler meals

As people continue to endure the cost-of-living crisis, with food inflation rising to 18.2%*, new findings from Bakkavor’s quarterly ‘State

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UK water market reaches record levels

    UK water market reaches record levels

The UK market for plain water broke all records in 2022, according to the latest UK Water Drinks Market Reports

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New Heatmap highlights the biggest opportunities for action in supermarket packaging

    New Heatmap highlights the biggest opportunities for action in supermarket packaging

As part of the food and consumer goods industry’s shared ambition to halve the environmental impact of the UK packaging

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UK food and drink manufacturers driving change to support healthier eating

    UK food and drink manufacturers driving change to support healthier eating

New Kantar Worldpanel data, released by the Food and Drink Federation (FDF), shows the average UK shopping basket has become

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Guinness is world’s most valuable Irish brand

    Guinness is world’s most valuable Irish brand

Guinness (brand value up 26% to €2.4 billion) has retained its position as the world’s most valuable Irish brand, according

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Trends and developments in the food industry in 2023

    Trends and developments in the food industry in 2023

Once again in 2023, many people have set themselves the goal of following a healthier, more balanced diet. Most consumers

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Irish seafood has one of the lowest carbon footprints of any produce in Ireland

    Irish seafood has one of the lowest carbon footprints of any produce in Ireland

A new study by Bord Iascaigh Mhara (BIM) – the State agency that supports development of the seafood sector in

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ALDI expands Irish supplier network, adding 15 new Irish suppliers and investing €1.1 billion with Irish food and drink companies in 2022

    ALDI expands Irish supplier network, adding 15 new Irish suppliers and investing €1.1 billion with Irish food and drink companies in 2022

In 2022, ALDI sourced €1.1 billion of locally produced food and drink from Irish suppliers. In total, ALDI partnered with over 330

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Food and drink industry accounted for 6% of UK administrations in 2022

    Food and drink industry accounted for 6% of UK administrations in 2022

The food and drink industry accounted for 6% of administrations in 2022 – the sixth highest sector in the UK

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British hospitality starts 2023 with fourth successive month of year-on-year growth

    British hospitality starts 2023 with fourth successive month of year-on-year growth

Britain’s leading managed pub, bar and restaurant groups achieved like-for-like sales growth of 10.9% in January 2023, the new edition of

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Report reveals countries poised to seize the world’s lab-grown meat market

    Report reveals countries poised to seize the world’s lab-grown meat market

After cultured meat received FDA approval, lab-grown meat is predicted to make up nearly a quarter of all meat consumption

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IRI reports €2.7 billion alcohol sales slump as Europeans cut discretionary purchases to moderate the impact of inflation

    IRI reports €2.7 billion alcohol sales slump as Europeans cut discretionary purchases to moderate the impact of inflation

The latest analysis from IRI, the data and analytics firm for FMCG brands and Retailers, reveals a €2.7 billion slump

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Global retail trends for 2023

    Global retail trends for 2023

Global insight provider IGD has identified six trends set to influence the global retail landscape in 2023. With inflation driving

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Irish food and drink exports reach record high of €16.7 billion despite challenging year

    Irish food and drink exports reach record high of €16.7 billion despite challenging year

The publication of Bord Bia’s Export Performance and Prospects report 2022/23 reveals the value of Ireland’s food, drink and horticulture

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Another year of high Agriculture Production Costs expected in 2023 in Ireland

    Another year of high Agriculture Production Costs expected in 2023 in Ireland

A new report, by economists at Teagasc, provides the latest estimates of average incomes for various farm types in 2022

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Nearly 10% of food goes to waste in the supply chain

    Nearly 10% of food goes to waste in the supply chain

Stock inefficiencies and inventory ‘black holes’ are exacerbating the supply chain crisis for food companies according to new research.  Nearly 10% of

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IRI report indicates small and mid-sized manufacturers losing ground in volume and value to private labels

    IRI report indicates small and mid-sized manufacturers losing ground in volume and value to private labels

The latest biannual ‘FMCG Demand Signals’ report from IRI has revealed that Private Labels now make up 36% of total FMCG

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Mondelēz International Contributed £933 Million to UK Economy in 2021

    Mondelēz International Contributed £933 Million to UK Economy in 2021

Mondelēz International, makers and bakers of iconic brands including Cadbury, OREO and Maynards Bassetts, has launched its latest economic and

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Irish foodservice sector rebounds to pre-pandemic levels, but significant challenges are on the horizon

    Irish foodservice sector rebounds to pre-pandemic levels, but significant challenges are on the horizon

The findings of Bord Bia’s 2022 Irish Foodservice Market Insights Report show that the Irish foodservice, or ‘out of home’, industry experienced

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Over 90% of Irish whiskey producers have had production negatively impacted by supply chain issues

    Over 90% of Irish whiskey producers have had production negatively impacted by supply chain issues

92% of Irish whiskey producers have said that supply chain delays have negatively impacted on their recent production output and

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British hospitality loses 2,200 sites in three months as business cost challenges mount

    British hospitality loses 2,200 sites in three months as business cost challenges mount

Britain’s licensed sector – the universe of pubs, bars restaurants, cafes and hotels – saw a net decline of one

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New report by Baker & Baker highlights significant opportunity for growth in the vegan sweet bakery market

    New report by Baker & Baker highlights significant opportunity for growth in the vegan sweet bakery market

A new UK report by Baker & Baker, a leading European bakery products manufacturer, shows the significant opportunity for growth in the

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UK Food and Beverage Sector M&As drop by 29%

    UK Food and Beverage Sector M&As drop by 29%

The latest UK Food and Beverage Sector M&A report from corporate finance house, Oghma Partners, shows that UK Food and

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Almonds still the most used nut in product introductions across Europe

    Almonds still the most used nut in product introductions across Europe

According to data from Innova Market Insights’ Global New Product Introductions report, almonds have maintained their top spot as the

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Cost-of-living crisis replaces covid as key challenge to UK grocery market

    Cost-of-living crisis replaces covid as key challenge to UK grocery market

The UK grocery market is set to grow by 11.3% – from £216.8 billion to £241.3 billion – between 2022

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Uncovering The Most Chosen Out-of-Home Brands in 2021

    Uncovering The Most Chosen Out-of-Home Brands in 2021

As COVID restrictions across the globe started to lift and consumer confidence returned, people slowly returned to their pre-pandemic habits.

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New report offers meat producers insights into plant-based sector

    New report offers meat producers insights into plant-based sector

A new report reveals the opportunities meat producers can seize in the booming plant-based meat sector. The report, called “The

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UK water drinks market rebounds

    UK water drinks market rebounds

The UK water drinks market rebounded in 2021 as the country emerged from the worst of the Covid-19 pandemic, according

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Record year for UK water dispense

    Record year for UK water dispense

The UK water dispense market, which includes bottled water coolers, mains-fed water dispensers and integrated tap systems, grew to record

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