Articles on this page are written by Bord Bia staff to highlight activity and developments relevant to our clients. These can be linked with new insight, market access or activation or any of the other initiatives from Bord Bia as well as developments in the market that clients need to know about.
There is increasing pressure from consumers, retailers and governments for food and drink companies to be transparent with their environmental impact across the entire value chain. This article will look at new Origin Green reporting requirements, EU policy in the pipeline, companies that are currently adopting carbon labelling and an introduction to an upcoming Bord Bia study in this space.
Bord Bia has recently conducted a number of pieces of market research to understand how fast food (or Quick-Service Restaurants) are emerging from the pandemic into 2022. One of the markets where we have done this is the USA, the home of fast food (Bord Bia, 2022). According to WARC (2022), US consumers will spend $300b on fast food in 2022, the size of Colombia’s whole GDP.
The IWSR recently released their market analysis figures for 2021 and Irish whiskey continued its strong recovery following the difficulties of 2019 and 2020. Global retail sales of Irish whiskey increased by 23% with over 14 million 9-litre cases sold (IWSR 2021).
Sustainability is now widely considered a business-critical consideration and a must-have for staff, consumers and investors alike. Covid-19 derailed this temporarily but as we continue to emerge into a post-pandemic world the ‘Green Recovery’ movement has now started snowballing again. How can Irish SME’s in the food, drink and horticulture sectors take advantage of the opportunities this presents?