Food & Agribusiness Report 2023
Welcome to ifac's 6th annual Food & Agribusiness report.
High input costs, continued staff recruitment challenges and general inflationary pressures continue to squeeze businesses. It’s not all negative though, as the majority of Irish SMEs plan to expand their workforce and identify exporting to new markets as a key growth avenue in the next 12 months.
Download the report below for a comprehensive overview of the challenges and opportunities facing Irish SMEs.
79%
are not actively using AI for their business
90%
have maintained or increased turnover the past 12 months
75%
reported an increase in costs this year
42%
of businesses cite lack of available staff as the biggest threat to growth
3 in 5
find it difficult to recruit the right people
38%
cite rising salary costs as a major threat to their business
53%
view launch of new products/services as a major growth opportunity
82 %
are pursuing cost savings to deal with inflationary measures
47%
identify exporting to new markets as the biggest opportunity for business growth
Download Report
Packed with key trends, industry insights and tips from business owners, our report provides a complete overview of the food and agribusiness SME sector.
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61% of Irish Food & Agribusiness SMEs say finding the right team is one of the biggest hurdles to growth
Our Food & Agribusiness team have published our sixth annual Food and Agribusiness Report 2023 – the only report containing the pulse of the Irish food and agribusiness SME sector.
Download Report
Packed with key trends, industry insights and tips from business owners, our report provides a complete overview of the food and agribusiness SME sector.
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Harvesting Change: The Siblings Behind BiaSol and Circular Food Co
In 2020, amidst a world striving for change, two siblings, Ruairi and Niamh Dooley embarked on a remarkable journey. With hearts set on transforming the world of nutrition and battling the blight of food waste, they breathed life into their brainchild, BiaSol. This venture was more than a business; it was a calling.
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See the Key Takeaways
Explore the most important trends and most worrying issues for SMEs as they approach 2024
