The study analyses the price formation and market functionality of the Finnish food chain. A significant portion of the report consists of international comparisons. The main comparison countries are the so-called old EU countries (EU15) of Western Europe, the new EU countries (EU12) and the...

The use of traditional industry-level profitability indicators for assessing the state of competition is problematic for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy. Second, rough industry-level indicators hide different...

Functional foods are the fastest growing sector of food industry. The average annual growth rate in functional foods is 7 per cent, whereas the total industry grows at the rate of 1-2 per cent. For the Finnish food industry functional foods represent a strategic area of growth, which can enable...