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NZ: Businesses sweet and sour on food safety rules

Scoop.co.nz Food safety regulations are the biggest challenge but also a major source of competitive advantage for New Zealand’s food and beverage firms, according to research from ANZ.

The annual ANZ Privately Owned Business Barometer survey included 178 food and drinks firms and found an industry that was upbeat about the future, hungry for growth, showing the way in mobile technology and social media use, and collaborating to open export opportunities.

The survey also flagged a number of growth challenges, including securing shelf space for products and managing constraints on capacity, such as time, people, plant and funding.

Respondents rated compliance with food safety regulations as their biggest headache. But many saw the high standards required as a competitive advantage when selling overseas.

Read the full article at Scoop.co.nz