Case Study Of The Social Environment Of The Food And Drink Industry.
“The Food and drink Industry is very important to the economy of the UK. The UK is the world’s fifth largest grocery retail market and the largest in Europe, worth around US$156 billion in 2005” (uk trade and investment 2006 p30).
This sector is the largest manufacturing industry “accounting for 17% of the total manufacturing sector” (defra 1.11.2007) “This scale has made it a strategically important market for both manufacturers and retailers, generating investment from many overseas companies. Food and drink accounts for about 4 per cent of all UK exports and continues to rise strongly – approximately two-thirds of export trade is with EU countries. The food and drink industry is the UK’s largest manufacturing sector. With sales of £73.7 billion, it accounts for 14.2 per cent of all manufacturing gross value added. Almost 7,000 food and drink companies employ 417,000 people – 13.9 per cent of the manufacturing workforce. The quality and productivity of UK food......
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