In broad terms, for an export focused sector, the outlook is positive as world’s population increases and additional free trade agreements (such as the 2019 Japan EU agreement) become more established. Over the last two years, uncertainty over Brexit has been a key concern amongst most Food & Drink enterprises; however for 2020 at least, customs arrangements are likely to be unchanged, as the threat of a disorderly Brexit recedes.

The Food & Drink Sector is diverse – straddling sub-sectors from Dairy to Alcoholic Beverages.
In recent years, on the back of increased levels of R&D, there has been a focus on increasing the level of added value in the products, away from such basic export as live cattle through to higher segments such as ingredients or branded whiskeys.