Ireland is making waves in the global food industry, positioning itself as a frontrunner in the ever-evolving world of food and beverage production. With its rich agricultural heritage, a commitment to sustainability, and extensive support from organizations like Enterprise Ireland, the Emerald Isle is attracting international food and drinks manufacturers in droves.
A Flourishing Ecosystem
Ireland has been a major global investment destination for over 50 years, with food and beverage companies witnessing world-beating levels of ROI. Over 1,000 companies, including some of the biggest in the world such as Diageo, Danone and Mondelez, have placed Ireland at the heart of their global activities. The country has positioned itself as a global hub for food research and development, attracting companies eager to tap into this wealth of knowledge.
Moreover, Ireland’s strategic location within Europe offers easy access to the EU market, making it a prime choice for international manufacturers looking to establish a foothold on the continent.
Leaders in innovation and R&D
Ireland offers exceptional levels of collaboration between industry, academia, the state and regulators. Enterprise Ireland actively facilitates engagement within this ecosystem and can help identify the right opportunities for collaboration and R&D. Ireland is home to 8 Technology Centres and 16 Technology Gateways, supported by Enterprise Ireland, allowing indigenous companies, multinationals and research institutes to collaborate on R&D projects.
Ireland’s Culinary Appeal
One of Ireland’s most compelling attractions for food and beverage companies worldwide is its culinary heritage. Known for its premium quality ingredients and traditional recipes, Irish cuisine has captivated palates globally. From succulent grass-fed beef and lamb to the creamy indulgence of Irish dairy products, the country has become synonymous with high-quality, natural, and traceable food.
Ireland’s commitment to sustainable farming practices and strict quality control measures further enhance its allure. The country boasts a pristine environment, with lush pastures and clean waters, ensuring high standard raw materials for food production. This dedication to sustainability resonates with consumers who prioritize eco-conscious choices.
Support from Enterprise Ireland
Enterprise Ireland plays a pivotal role in facilitating the growth of the food and beverage sector.
The agency offers a range of programs and supports tailored to the needs of both indigenous and international companies.
Enterprise Ireland partners with companies by assigning a dedicated Development Advisor who provides long term one to one support, advice and access to financial and strategic supports tailored to company needs.
Financial supports include grant aid towards capital and employment, in-house R&D, Environmental Aid and training. Enterprise Ireland fosters collaboration between companies and research institutions, driving product development and technological advancement. Enterprise Ireland also provides access to world class leadership development programmes, market research and market access through its global network of 40 overseas offices.
As international manufacturers increasingly recognize the potential and opportunities that Ireland presents, the Emerald Isle’s culinary legacy is bound to shine even brighter on the world stage.
To find out more contact Claire Baxter, Assistant Development Advisor, Enterprise Ireland [email protected] or visit https://irishadvantage.com/foodfdi/
