The document discusses trends and innovation needs in the European food and drink industry. It notes that while the industry is less innovative than other manufacturing sectors, European food companies innovate more than elsewhere. Key challenges include increased competition, concerns over food safety and quality, and changing consumer trends. The European Technology Platform Food for Life aims to drive innovation and unite stakeholders to meet strategic research objectives around health, quality, sustainability and more. Horizon 2020 is the EU's new 80 billion euro research and innovation program for 2014-2020 that aims to simplify funding and boost competitiveness through coupling research and innovation.