What’s driving the future of food?
Six developments to watch.
Ireland's food sector holds an enviable position globally. Irish food and drink products are exported to more than 180 countries worldwide and the sector supports 170,000+ jobs, representing 6.1% of total Irish employment. Agri-food exports reached a record €20.8billion last year and across the entire sector, businesses continue to invest in production, innovation and new growth prospects.
To understand the greatest potential opportunities and challenges over the next decade, EY Ireland interviewed senior leaders from sectors including food production, manufacturing, retail, technology, pharmaceutical, nutrition and healthcare.
Companies representing every major part of the food ecosystem were remarkably aligned on priorities. 6 key themes emerged from the EY interviews: food security, trusted brands, health-focused products, affordable innovation, ecosystem partnerships and AI-enabled decision making.
These themes give a strong view of what will direct the future of food and provide actionable insights for resilient and competitive organisations.