20% food industry growth by 2020 is 'realistic'

By Mike Stones

- Last updated on GMT

Small and medium-sized firms will play a key role in achieving 20% growth by 2020, said Jones
Small and medium-sized firms will play a key role in achieving 20% growth by 2020, said Jones

Related tags: United kingdom

Achieving the Food and Drink Federation’s (FDF) target growth of 20% by 2020 is “entirely realistic”, the organisation’s communications director Terry Jones told FoodManufacture.co.uk.

In this exclusive podcast, Jones said small to medium-sized enterprises (SMEs) would play a key role in helping to achieving the ambitious growth targets set out in shared vision ​by FDF and government.

Specifically SMEs would play a pivotal role in helping to boost UK exports and drive forward the industry’s growth programme.

State-backed, competition

The industry should work closely with government to meet the threat of aggressive, sometimes state-backed, competition in key food and drink export markets such as continental Europe, said Jones.

UK food and drink exports were 13% up at £5.8bn in the first half of this year. Exports to the EU, the UK's biggest trading partner, climbed 12.6% to reach £4.4bn. Double digit growth was recorded in deliveries to three EU countries: The Netherlands, up by 27.8%, Germany, up by 26%, and Belgium up by 48.5%.

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