A new report from the U.S. is just out, analysing how eight regional food hubs in the U.S. work.
Are there lessons here for Vancouver’s proposed New City Market?
According to this report, the keys to success are:
-The amount and timing of investments made in infrastructure are vital to the success and survival of food value chains;
-Preserving the identity of growers on product labels is critical for connecting with consumers, distinguishing the product from the competition and providing traceability;
-Informal farmer networks can offer additional flexibility for suppliers and buyers and allow food value chains to be highly responsive to the shifting demands of specialty food markets; and
-For-profit businesses, nonprofits and cooperatives all have unique strengths. By partnering with each other within food value chains they can leverage organizational competencies and reduce the risk of failure.