Dáil Éireann debate -
Wednesday, 25 Oct 2000

Vol. 524 No. 6

Written Answers. - Food Ingredients Sector.

David Stanton

Question:

181 Mr. Stanton asked the Minister for Agriculture, Food and Rural Development the resources being made available by his Department to encourage the development of the food ingredients sector; the action being planned or under way in this regard; and if he will make a statement on the matter. [23508/00]

(Mr. Walsh): I am very aware of the significant growth opportunities available to Irish food companies in the food ingredients sector.

The initiatives contained in the national development plan will assist the sector to meet the market requirements arising from changes in consumer preferences foreseen in the period ahead, with increased emphasis on convenience and innovation. Trends indicate that the main potential for growth in mature markets is in the prepared consumer foods and food ingredients sectors.

To prepare the industry to respond and adapt rapidly to changes in the market, the national development plan provides for a total funding allocation of £282 million for the food industry as follows: £120 million for capital investment; £83 million for research, technology and innovation; £48 million for marketing and promotion, and £31 million to address the human resources needs of the food industry.

The actions outlined in the national development plan provide a cohesive and comprehensive response to the needs of the food industry. It takes account of the recommendations of the Food Industry Development Group and the Agri Food 2010 Committee, with the emphasis on competitiveness and market-orientation. I am confident that the measures and the financial allocations contained in the plan for the food industry will play a significant role in assisting the development of the food ingredients sector.