Quizzed article | REF: F1040 V4

Panorama of the French food industry

Author: Sébastien ROUSTEL

Publication date: July 10, 2020, Review date: January 18, 2021 | Lire en français

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    7. Innovation and networks

    A company's ability to innovate is one of the keys to maintaining its competitiveness and, in some cases, its long-term future. The food industry devotes almost 1.3% of its sales to research and development. They are innovative in terms of products, processes, technologies, packaging, marketing, distribution methods and consumer relations.

    Several factors can hamper the ability of the food industry to innovate. These include :

    • low corporate margins;

    • low staffing levels;

    • the low attractiveness of the sector;

    • the five dimensions conveyed by food products (factors conducive to incremental innovations but limiting disruptive innovations) (figure

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