Food and drink exports to Europe set to grow half a billion euro in five years

IRISH food and drink exports to continental European markets are set to grow by half a billion euro over the next five years, Bord Bia predicted at the Anuga international trade fair in Cologne, Germany, yesterday.

Angela Kennedy, chairperson, speaking at what is the largest food and drink fair in the world, said the enlarged continental EU marketplace provides significant new opportunities for food and drink exporters.

Ireland’s exports to the continent this year are forecast to exceed €2.2 billion. The value of the European retail market stands at €800 billion.