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Most Irish food SMEs expect revenue growth this year


Most Irish food SMEs expect revenue growth this year
Updated / Tuesday, 27 Apr 2021
08:46
Kieran Rumley, Executive Director, Love Irish Food, Owen McFeely, Director, PwC Ireland Retail & Consumer Practice and Emily MacDonnell, Senior Associate, PwC Ireland Retail & Consumer Practice
Most small and medium sized businesses in the food sector expect their revenues to increase in the year ahead, according to new research by Love Irish Food and PwC.
The 2021 Irish SME Food Barometer found that 75% of companies in the sector are optimistic about their growth prospects.
The findings suggest that there is a wider sense of optimism in the sector, with 65% of companies confident the economy will improve over the next 12 months. ....

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Consumers increasingly 'buying Irish' food during global pandemic


March 10, 2021 10:58 am
There is clear evidence that consumers are increasingly buying Irish throughout the global health pandemic brought about by Covid-19, delegates at a key food and drinks industry symposium hosted by Love Irish Food today (Wednesday, March 10) will hear.
The Love Irish Food seminar, which is being streamed live online today, includes keynote addresses from An Tánaiste, Leo Varadkar, and leading industry experts on the future of Irish produced food and drinks brands.
According to research from Kantar, to be presented during the Love Irish Food conference, 44 of the ‘top 100 selling’ take-home grocery brands in Ireland during 2020 were Irish-produced. ....

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Irish consumers turn to Irish food products during Covid crisis


Irish consumers turn to Irish food products during Covid crisis
Close to half of top-selling 100 grocery brands were Irish-produced last year
Wed, Mar 10, 2021, 16:03
 
Irish consumers have been buying Irish products in supermarkets in huge numbers since the start of the Covid-19 crisis, with leading local brands recording growth of almost 20 per cent, according to retail analysts Kantar.
New research from Kantar, presented at a Love Irish Food conference on Wednesday, indicated that 44 of the 100 top-selling take-home grocery brands in the Republic during 2020 were Irish produced, recording growth of 18 per cent to a total of €1.07 billion in combined sales.
All told, the brands capture 48 per cent of the money spent among the 100 top -selling take-home grocery brands in Ireland, the online symposium heard. ....

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