Investment in Scotland's food and drink sector
Scotland's food and drink industry has set itself many ambitious targets for the coming years.
Between now and 2017 Scotland’s food and drink industry aims to:
- Increase the industry’s turnover from £10 billion to £12.5 billion by 2017
- Increase food and drink exports from £3.7bn to £5.1bn, with a strong emphasis on food exports
- Increase GVA from £4.1 billion to £6.1 billion – with processing GVA rising from 42 percent to 50 percent of turnover and primary production from 38 percent to 45 percent of turnover
- Continue to outperform the UK food and drink manufacturing industry, Scottish manufacturing and the Scottish economy, as measured by GVA
- Increase R&D spend from 0.25 percent to 0.75 percent of GVA with the processing sector meeting UK levels
- Equal UK levels for food processing
- Continue to outperform UK levels for combined food and drink processing