In Insider yesterday:
Scottish food and drink has (sic) grown three times faster than the economy as a whole over the past 10 years. Figures from the Royal Bank of Scotland Purchasing Managers Index shows the food and drink sector accounts for nearly one in four manufacturing jobs and underpins Scotland’s position as the dominant force behind UK international trade in agrifood products.
A reason for the sector to be optimistic is the Scotland’s food and drink producers is the sector’s record in gaining a foothold in new overseas markets, especially the opportunities provided by fast-growing consumer demand in emerging markets.
The export success of the whisky, bakeries and aquaculture industries means that Scotland accounts for 29 per cent of all UK food and drink sales to overseas markets. In fact, Scotland exports more beverages by value than the rest of the UK combined.