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Challenges That Face Moldovan Food Industry To Access The European Union Market

Author

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  • Corina GRIBINCEA

    (University of European Studies of Moldova, Republic of Moldova)

Abstract

At present, Moldovan food industry faces a variety of challenges related to accessing the European Union market. While food industry go increasingly circular, more investment and more effective governance are needed to upscale promising innovations. Competitiveness on the home market and the export market needs to be strengthened. In a slowly developing circular economy, Moldovan food industry must improve operations and reduce costs while maintaining product safety and minimize produced waste. Moreover, the trends in the global food market are constantly changing. Studying the experience of German food industry will be helpful in this respect. Moldovan food industry must be able to anticipate and adapt to change in order to stay competitive. The analysis presented in this article highlights main challenges that face Moldovan food industry related to accessing the European Union market regarding productivity, consumer preferences and demand, food safety, government regulations.

Suggested Citation

  • Corina GRIBINCEA, 2021. "Challenges That Face Moldovan Food Industry To Access The European Union Market," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 6(3), pages 172-179.
    • Handle: RePEc:brc:brccej:v:6:y:2021:i:3:p:172-179
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    More about this item

    Keywords

    challenges; food industry; EU- Moldova market;
    All these keywords.

    JEL classification:

    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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