The food industry should be treated as a strategic sector

The food industry may ruin, if we fail to boost innovation – states the Hungarian National Food Technology Platform. According to their calculations; 45-50 billion HUF should be invested in research and development, over the next five years.

The platform sees the way out in innovation. According to the calculations; between 2011 and 2016 45-50 billion should be invested in the sector. This amount is six times bigger than the current, and about 0.3 to 0.4 percent of the food industry’s output. That would meet with the European average – reports szabadfold.hu.