FDBusiness.com

Irish Drinks Industry a ‘Firm Ally’ in Reaching Food Wise 2025 Objectives

 Breaking News
  • UK Supermarkets are Struggling to Grow The latest grocery market share figures, published by Kantar, show year-on-year supermarket sales were flat during the 12 weeks to 11 August 2019 as the tough comparisons with 2018’s strong summer continue. The memory of last year still looms large for retailers and this summer’s comparatively poor weather, combined with low levels of like-for-like price [...]...
  • Nestlé UK Launches New On-trend Flavours Nestlé has introduced two new on-trend flavours to its much-loved Munchies brand in the UK and Ireland. Available in 101g sharing bags, new Munchies Chocolate Fudge Brownie and Munchies Cookie Dough are the first new Munchies products since 1996. The new flavours were created at Nestlé’s confectionery sites in York and Fawdon, Newcastle. Munchies Brand Manager [...]...
  • Dedicated Industry Forums Take on Packaging’s Hottest Topics Experts from major brands, such as Coca-Cola, Ella’s Kitchen and REN Clean Skincare, will take to the stage as part of the dedicated industry forums for the beauty, food and drink sectors at Packaging Innovations and Luxury Packaging London 2019. The show, which returns to Olympia on 11 & 12 September, will tackle the key subjects [...]...
  • Greene King Being Sold For £2.7 Billion CK Asset, which is one of the largest property developers in Hong Kong and an international investment group, has made a recommended £2.7 billion cash offer for Greene King, the UK’s leading integrated brewer and pub retailer operating over 2,700 pubs, restaurants and hotels across England, Wales and Scotland. Including debt, the enterprise value of [...]...
  • The Hershey Company Takes Minority Stake in Irish Snacking Brand The Hershey Company, the US-based food group, has made a minority investment in Fulfil Holdings, the owner of the snacking brand FULFIL. Headquartered in Dublin, Ireland, FULFIL has rapidly grown since its inception, now outselling many traditional chocolate snack bar brands in the UK and Ireland and named a top 50 consumer brand in Ireland. Brian [...]...

Irish Drinks Industry a ‘Firm Ally’ in Reaching Food Wise 2025 Objectives

Irish Drinks Industry a ‘Firm Ally’ in Reaching Food Wise 2025 Objectives
July 06
09:09 2015

The Irish drinks industry has pledged support for the Government’s new ten year strategy for the agri-food sector, Food Wise 2025. Ross MacMathuna, director of Alcohol Beverage Federation of Ireland, the representative group for drinks manufacturers and suppliers in Ireland says: “Food Wise 2025 predicts that over the next decade Ireland can increase the value of agri-food exports by 85% to €19 billion, increase value added to the sector by 70% and increase the value of primary production by 65%. The drinks industry is a firm ally in realising these objectives and will make a valuable contribution to Ireland’s exciting agri-food sector over the next 10 years.”

The Irish whiskey sector is set to invest €1.1 billion by 2025. There are 26 new or proposed distilleries across the country, with annual exports of over €300 million, up 220% since 2003. Exports are set to double by 2020 and double again by 2030. The sector currently exports to 77 markets and aspires to grow global market share by 300% by 2030, from 4% to 12%. Employment is also set to grow by 30% by 2025, from 5,000 to 6,500.

The brewing sector will also have a huge role to play, with beer production remaining the most important sector within the drinks industry in terms of indigenous manufacturing. The brewing sector has continued to invest over the past few years, with exports up 7% between 2012 and 2013. Direct employment now stands at almost 2,000, up from 1,500 in 2012 and the brewing sector continues to support over 3,000 farming families.

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2019Packaging Innovations & Luxury Packaging London 2019
  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements