The Irish Drinks Forum 2024, powered by BIA Innovator Campus, is set to be a pivotal event for the burgeoning drinks industry in Ireland. Scheduled for Thursday, 12th September 2024, at the BIA Innovator Campus in Athenry, Co. Galway, this year’s forum builds on the success of the inaugural Irish Drinks Forum in 2023. The forum is designed to bring together key players from the entire value chain of the drinks industry, including agri-producers, brewers, distillers, brand houses, startups, and state agencies.
This years them for the Irish Drinks Forum is – Wiser Ways: Embracing Today’s Challenges to Harness Tomorrow’s Opportunities. The Irish drinks industry has experienced significant growth and investment, despite facing considerable challenges. The forum’s theme reflects the need for the industry to navigate current difficulties while seizing future opportunities. The industry has seen impressive growth in exports, with Irish spirits and whiskey leading the way. However, issues such as supply chain disruptions, rising costs, and market volatility have created a complex environment for industry stakeholders.
THE FORUM WILL ADDRESS A RANGE OF CHALLENGES IMPACTING THE INDUSTRY INCLUDING:
- MARKET VOLATILITY: The rapid decline of key export markets like Russia and Ukraine, coupled with fluctuations in the North American spirits market, has affected export values.
- SUPPLY CHAIN ISSUES: Delays and shortages in essential supplies, such as malt and casks, have hindered production.
- RISING COSTS: Increased energy prices and costs of key inputs have strained industry finances.
- INVESTMENT NEEDS: Ongoing capital investment in production infrastructure and compliance with regulations are critical but costly.
- SUSTAINABILITY: Transitioning to sustainable practices and dealing with the impacts of climate change require significant resources and adaptation.
- HUMAN RESOURCES: The industry’s workforce and their skillsets are crucial to navigating these challenges and leveraging new opportunities.
- The forum will feature:
- EXPERIENCED SPEAKER SESSIONS: Industry experts will share insights and strategies to overcome current challenges.
- PANEL DISCUSSIONS: Interactive debates on key issues affecting the industry.
- INFORMATION BOOTHS: Opportunities for stakeholders to gather information and network.
- INFORMAL NETWORKING: Facilitated interactions to build connections and share knowledge.
As the Irish drinks industry continues to evolve, the Irish Drinks Forum 2024 serves as a crucial event for stakeholders to come together, exchange ideas, and strategize for a sustainable and prosperous future. By addressing current challenges head-on and exploring new opportunities, the forum aims to position Ireland’s drinks industry for continued growth and success.
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