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Innovation Trends in the EU Food Industry

Author

Listed:
  • Alexandru BURDA

    (“Dimitrie Cantemir” Christian University,Faculty of Tourism and Commercial Management, Bucharest, Romania)

Abstract

Faced with significant changes and mutations at consumer level, the EU food market finds itself in a position in which it has to function by rules that could be considered “non-specific”. From a traditionally inelastic market, it has gradually become a consumer market on which the producers have to innovate constantly in order to meet the demands of consumers who are in search of new foods that would have new properties and would satisfy superior needs. Therefore, innovation is a must for the industrial food producers’ economic future.

Suggested Citation

  • Alexandru BURDA, 2012. "Innovation Trends in the EU Food Industry," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(4), pages 68-72, November.
  • Handle: RePEc:rsr:supplm:v:60:y:2012:i:4:p:68-72
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    More about this item

    Keywords

    consumer; food stuff; innovation; industry; quality;

    JEL classification:

    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy

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