Innovation Trends in the EU Food Industry

Alexandru Burda
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Alexandru Burda: “Dimitrie Cantemir” Christian University,Faculty of Tourism and Commercial Management, Bucharest, Romania

Romanian Statistical Review Supplement, 2012, vol. 60, issue 4, 68-72

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.

Keywords: consumer; food stuff; innovation; industry; quality (search for similar items in EconPapers)
JEL-codes: L66 Q18 (search for similar items in EconPapers)
Date: 2012
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