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chilled ready meals sales up 8.4% year-on-year
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sales of chilled ready meals surged 8.4% in the year to july 11, while volumes shot up 14.4% over the same period, according to new data from kantar worldpanel. figures supplied to foodmanufacture.co.uk also reveal strong growth in fresh soup, which was up 10.3% in value and 10.6% in volume over the period. prepared fruit preformed well, up 5.1% in value and 5.5% in volume, while fresh stuffing – a niche but growing category – was up 3.6% in value and 5.3% in volume. the figures, which reflect the positive sentiments outlined in greencore’s summer trading statement, provide further evidence of a more favourable trading environment in ready meals following the big squeeze in 2008/9 as manufacturers closed a clutch of factories to tackle overcapacity and shoppers spurned the chillers for cheaper frozen meals, said shore capital analyst clive black. northern foods, which has shut or mothballed three ready meals factories in the last three years after failing to agree mutually satisfactory terms with a key customer, also reported a 14% rise in underlying revenues in its chilled division in the 13 weeks to july 3 highlighting "continued steady improvement" in ready meals, he noted. there was now a “more favourable balance between supply and demand” in ready meals manufacturing, while profitability in the sector was also “more robust”, added black.
Source :foodanddrinkeurope.com
Date :
16
August
2010
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french vegetable processor bonduelle has announced that it plans to close its antwerp westmeerbeek canning facility, with the loss of around 130 jobs. a spokesperson for the company confirmed that the move comes in response to the \"sluggish\" consumption of canned vegetables in europe and the site\'s need for further investment to ensure continued operation. \"this is the smallest of the group\'s canning operations and it has become uneconomical to keep running,\" the group\'s spokesperson said.
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sainsbury’s announced today that all tuna used as an ingredient in its food will be caught using the pole and line method by the end of this month. this move ensures that 100% of sainsbury’s tuna across all products is responsibly sourced. sainsbury’s fresh, frozen and canned tuna is already line caught. all of sainsbury’s ready meals, sandwiches, pate, dips, salads, sandwich and potato fillers and sushi containing tuna will now be sourced using the more selective fishing method which practically eliminates bycatch of other species.
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the belgium-based company said the joint venture is to commercialise lasagne and pasta meals in central and eastern europe. marc hofman, managing director of ter beke, told flexnews: “this joint venture means an accelerated implementation of our geographical strategy for two of our core products: chilled lasagne and pasta meals. for a decade we have been following the evolution in these emerging markets and we believe the time is now right to move forward.
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willesden-based jamaican pattie manufacturer port royal has developed a new range of premium chilled ready meals targeting shoppers looking for more authentic caribbean cuisine. port royal makes 17-20,000 patties a day the range, which includes jerk chicken with rice and peas, oxtail with rice and peas, and curry goat with plain rice, will be trialled in tesco in mid-november, port royal md edward johnston told foodmanufacture.
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the us can manufacturers institute is inviting the world to celebrate the two hundredth birthday of the food can on august 25 2010. it traces the advent of the food can to the patent granted to british inventor peter durand on august 25, 1810 for his idea to store preserved food in tinplate vessels. two hundred years later, there are more than 600 sizes and styles of cans being manufactured, according to the institute.
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refresco iberia has installed a new canning line at its production plant in marcilla, spain, to diversify the packaging formats available. up till now, the facility in northern spain only produced carton and pet packs but now it is producing carbonated and still soft drinks in 33cl cans. dominique luna, managing director of refresco iberia said: “cans will be 5 per cent of our produced volume this year.
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international environmental watchdog greenpeace has awarded a “sustainable” ranking in its canned tuna guide to an australian company for the first time. fish 4 ever’s canned skipjack tuna received an 86.30% score in the latest survey, making it the only independently assessed sustainable tuna on the australian market. fish 4 ever is imported from the uk by first ray, a melbourne-based company that distributes organic, fair trade and sustainable foods nationally.
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the recalled product bears use-by dates of july 4 and product code i1707b, ir127121 and july 8 with product code i2007b, ir130373.the recall extends only to products with this use-by date or product code sold in california, washington and arizona. no other ready pac products are included in the recall. no illnesses related to these products have been reported. ready pac is collaborating closely with the fda.
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sales of premium ready meals for in-home consumption in the uk and the us are forecast to increase by almost 68% between 2009 and 2014, reaching a value of us$2.21 billion, according to a report by just-food. the us is expected to maintain its dominant position, with market value forecast to increase by over 58% to us$1.4 billion by 2014. during this time, the share of the frozen ready meals market taken by premium dishes is expected to increase from 13.
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