Brexit’s Impact on the Specialty Food Market

ba5403b65e43df0297aeba68d6c0ca1fc082559f.jpegThis weekend’s news was understandably dominated by Brexit, and the far-reaching implications of the vote. One unexpected result of Britain’s decision to leave the European Union falls on the English specialty food market, which has so far benefited from the EU’s Protected Designation of Origin status on many of it’s products.

This status, applied throughout the EU to products ranging from wines to olive oils to cheese and meat, allows specific regions to claim sole use of specific brand designations. Most famously, “champagne” is not champagne unless it is produced in the eponymous French province, using the méthode champenoise. Gorgonzola can only be gorgonzola if it comes from Italy. And in England, products like Cumberland sausage and Yorkshire-forced rhubarb are all protected by designated status.

England actually has more than 60 foods and beverages with protected designations. After the vote late last week to leave the EU, this status will disappear, and producers around the world can begin making products like Rutland bitter beer, Stilton cheese and pork from Gloucestershire Old Spot Pigs. While none of these have quite the cache of champagne, they still represent the food culture of the country – and the loss of PDO status could have a real impact on the farmers, brewers and craftsmen who make them.

To read more, click here.

Ikea Gets into the Hyper-Local Game

635925890195816807-242942337_Header.jpgAt first glance, it might seem like an affordable furniture company has very little to do with the farm-to-table movement. But where others might see apples and oranges (or apples and bookshelves, as the case may be), Ikea sees opportunity.

The brand recently partnered with Space 10, a “future-living lab” and exhibition space in Copenhagen, to produce an environmentally sustainable hydroponic gardening system (called “The Farm”) made primarily using Ikea products like LED lights, shelving, and plastic bins. All told, 80% of the materials in The Farm come from Ikea’s product lines.

Ikea plans to roll out the new hydroponic system in their in-store cafes. Those cafes have historically been known more for Swedish meatballs, lingonberry jam and baked goods than for fresh produce, but that may change in the near future. Although food sales represent a very small portion of Ikea’s overall revenue, they ultimately plan to market The Farm to restaurants and home gardening enthusiasts interested in producing more of their own vegetables. If the hyper-local movement is any indication, this market will continue to grow in the coming months – and Ikea may just be on to something.

To read more, click here.