FDBusiness.com

UK Food and Drink Outperforms on Exports

 Breaking News
  • 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 [...]...
  • UK Restaurant Numbers Drop Again as Consumer Tastes Shift Britain’s restaurant numbers have fallen for the sixth quarter in a row, the new edition of the Market Growth Monitor from CGA and AlixPartners reveals. Independent operators have borne the brunt of the closures with group-owned restaurants proving more resilient despite some major brand failures. The quarterly survey of the country’s supply of licensed premises reports a 3.4% drop in [...]...
  • Molson Coors Commits to Reduce Plastics in Packaging Molson Coors in the UK and Ireland is removing the plastic packaging from its Carling and Coors Light brands, as part of new global packaging goals. The brewer will remove the plastic film wrap from large multipacks by the end of March 2020, replacing the plastic wrap with 100% recyclable fully enclosed carton board. By [...]...
  • Carlsberg Group Upgrades Full Year Operating Profit Outlook Carlsberg Group has delivered organic operating profit growth of 17.7% for the first half of 2019 with reported growth of 18.2% to DKr 5.17 billion (€693 million). Organic net revenue growth was 4.2% and on a reported basis net revenue rose by 6.5% to DKr32.99 (€4.42 billion). Operating margin improved by 160bp to 15.7%. Reported net [...]...

UK Food and Drink Outperforms on Exports

UK Food and Drink Outperforms on Exports
March 25
10:30 2015

UK food and non-alcoholic drink exports grew by 2.6% in 2014, almost doubling in value over the past ten years.

The food and non-alcoholic drink sector has continuously outperformed on exports, growing strongly even throughout the recession. Exports of UK dairy are at a record high, up 8.8% to £1.4 billion.

The report from the Food and Drink Federation (FDF) shows that food and non-alcoholic drink exports continued growing to non-EU countries, up 9% on last year, with double digit growth in the United States and China.

The EU remains the UK’s biggest market for food and drink exports. The top three product categories last year were salmon, chocolate and cheese; cheese exports were up 5.6% and make up a third of the overall dairy exports.

Food and non-alcoholic drink exports have almost doubled in value over the last decade, from £6.5 billion in 2004 to £12.8 billion in 2014.

FDF’s Economic and Commercial Services Director Steve Barnes comments: “This performance shows that British food and drink is in demand across the globe – a testament to our quality brands and innovative products. Food and drink is bucking the trend when it comes to exports and this is great news for the UK economy. High demand from international markets for our food and drink must be at the heart of the country’s strategy for economic growth and we look forward to working with the Government to capitalise on this opportunity.”

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