The Food and drink Industry is the largest manufacturing sector in the EU economy employing directly 4.25 million workers in the EU. It is a non-cyclical and resilient pillar with a strong presence in all member states. It processes 70% of EU agriculture produce and provides safe, quality and nutritious food to the benefit of European consumers, besides being the largest global exporter of food and drink products. The sector generates 7% of EU GDP and should be an important contributor to achieve the EU target set in the 2020 strategy of achieving the necessary expansion of the manufacturing sector that will make it a contributor of 20% of European GDP.
Key competitiveness indicators show that the sector is losing its competitive edge. An EESC own –initiative opinion will help make the case with the EU Commission for a sectoral focus on the sector. It will indicate those measures necessary to reverse this negative trend and to enhance the sector’s competitiveness both in the Internal Market and in the Global market. The main thrust will be focused on the creation of sustainable employment all along the food supply chain, encouraging and facilitating new investment, promoting innovation policies and enhancing export performance.