The Excellence Awards celebrate the greatest achievements and innovations in the industry. The programme provides a platform to recognize the people and companies that are driving change.
Our programme is designed to highlight excellence within the sector by looking at a range of corporate activities including deals, business projects and company initiatives, both internal and in the community.
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What is Innovation?
Innovation is the category with one of the widest scopes within the Excellence Awards as it looks at novel new approaches in every area, from the fruits of research and development to novel new business practices. What all the ranked entities have in common is the demonstration of new concepts not just within their own business but in the sector as a whole.
The category includes any projects that demonstrate an innovative approach to the market. The category crosses over with many of our other categories and can include new products, novel product features, new business practices, new marketing and sales strategies and more.
There is one clear theme when it comes to innovation during the research period, which is the focus on alternatives to traditionally produced meat, fish and dairy products. Companies have been putting significant time and capital into both alternatives made from different ingredients and also cell grown meat and fish.
The pattern so far has been for larger established brands to invest in incubators or acquire start-ups at the cutting edge of this trend, but there are also notable examples of smaller companies forging their own independent path.
Disruptors to the traditional market models can also be found in the production of ingredients with vertical farming companies attracting significant investment and developing innovative practices to maximise quality and yields.
This category includes companies that have developed innovative approaches to food production.