Agri-Business
The value of the Irish hospitality and foodservice market has reached a record €10.4 billion, according to Bord Bia.
Increasing costs are presenting a "major challenge" for Ireland's foodservice sector, according to the latest insights report from Bord Bia.
Bord Bia has appointed two new specialists for North America, one to focus on the drinks market, and one to focus on meat and foodservices.
The foodservice industry on the island of Ireland will continue to see growth next year, but that growth won't be of the same level.
Findings from the Bord Bia annual Foodservice Market Insights report show that the Irish ‘out of home’ sector was up nearly 13%.
The foodservice market will grow by 11% on last year to reach €5 billion by year-end, with an additional 56% growth predicted for 2022.
Ireland’s foodservice market is set to grow by 6.1% this year to reach a value of €8.2 billion, according to Bord Bia.
Ireland's foodservice market is now valued at a record €7.8 billion, according to Bord Bia's 2017 Irish Foodservice Channel Insights Report.
The growth of the Kepak Group has continued as it has announced plans to acquire a majority interest in Greene Farm Foods.
