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it’s in the can - sales of hot tinned meat take a slice of the action
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while recent years have seen food snobs protest about their usage in modern day recipes, new research from mintel finds hot canned meat is well and truly back on the menu, as britain rediscovers the joys of this store cupboard staple.sales of hot canned meats* are steaming. in the last two years alone, sales have grown by a hearty 12%, compared to cold canned meats which grew just 4%. continued promotional activity has helped hot canned meats to grow its share of the canned meat market at the expense of cold meats by attracting new users. today, hot canned meats account for as much as 56% of the canned meat market, with as many as one in five brits now buying canned meatballs and minced beef. canned pies have been the star performer in the sector, benefiting from demand for value for money food. indeed, the positive growth in the pie market as a whole has had a halo effect on the canned pie market, which has benefited from sales growth as consumers look for no fuss comfort food that can be eaten as a whole meal. vivianne ihekweazu, senior fmcg analyst at mintel said: “canned meats have continued to battle their perception as a lower quality substitute to fresh meat ranges. in 2008 when delia smith launched her book “how to cheat at cooking”, some consumers were enraged at the suggestion that tinned mince could be substituted for fresh mince in the recipes. however, it showed consumers the versatility of canned meats and the fact that it could serve as a substitute for fresh meat in recipes - something which appears to have resonated.” hot on the heels of canned meats is the bean which has been the star performer in the canned meals market. valued at £251 million in 2004, sales of baked beans have jumped a spectacular 45% in the last five years to reach £365 million in 2009. extensions of existing products and the introduction of healthier varients, such as low in sugar and salt and the development of the snap pot format has also helped maintain interest in the category. today as many as 81% of all brits buy baked beans. “baked beans have continued to meet consumer demand for convenience as a time-saving meal solution as well as being a cheap, easy-to-prepare comfort food. baked beans offer consumers much-needed value for money, with product reformulations such as lower salt and sugar varieties ticking the healthy eating box, they are also a store cupboard essential.” vivianne continues. but the recession has not favoured all canned foods. far from jumping through hoops, there has been something of a starchy reception for canned pasta by britain’s shoppers. sales of canned pasta fell 9% in the past five years down from £115 million in 2004 to £105 million in 2009. “the canned pasta market has seen slower value sales growth despite product reformulation, and the introduction of healthier varieties. with parents ever more conscious of the need to feed their children a nutritionally balanced diet, canned pasta meals face an increasingly challenging competitive arena, with continued competition from the expanding children’s ready meal category.” vivianne concludes. meanwhile, the research also revealed that today almost 13 million consumers buy branded canned meals, yet 8 million feel there is no difference in taste between own label and branded products. -->
Source :ausfoodnews.com.au
Date :
30
April
2010
Category :
Ready Meals
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consumer interest in eating locally-sourced produce is encouraging food manufacturers to develop ready-meals made with ingredients sourced from the same region in which the product is sold, says analyst datamonitor. the swift increase in farmers' markets bears testament to the rise of interest in eating local produce, as opposed to that flown in from different corners of the globe and sold on supermarket shelves year-round.
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operating overview strong performance in bakery with sales and margin progression frozen re-focused on core product strengths chilled sales growth driven by sandwiches & salads; change programme in ready meals to strengthen operating position investing for growth: brands: goodfella’s pizza re-launch during h1 2010/11 future cost efficiencies: major biscuits investment (project golden) on track with the majority of spend during h1 2010/11 new customers: commenced 10 year british airways supply contract; secured new costa coffee business stefan barden, chief executive, said: \" northern foods has traded solidly in challenging market condtions.
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synergy is launching new range of dairy ingredients for savoury foods intended to help control formulation cost issues and improve the sensory appeal of better-for-you products. as food costs come under scrutiny in the recession, food firms have to perform a balancing act between offering products that are value for money but still address the need for healthier products with less fat, sugar and salt, and the desire for clean label.
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europe's first whole foods market is set to open in london in two weeks' time, but the vast potential of the organic market is being curtailed by a shortage of organic produce, according to organic monitor. the us company currently has 193 outlets in its home country and in the uk, including its five fresh and wild stores in the uk. the new 80,000 sq ft store, which will take up two floors of a former department store, will open to much fan-fare on june 6.
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the image of grains needs a fundamental makeover in order to encourage consumption globally, according to the r&d director of pasta firm barilla, who said the enduring perception of grains as 'empty' energy is the major hurdle that needs to be overcome. this perception, he said, has stayed with consumers since the days of the low-carb craze, and it is up to the grains industry to transform this image to one of 'relevant' and 'good' energy.
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conagra's new 'green is good' marketing campaign for its healthy choice range shows just where food companies are targeting their resources. the campaign, which is aimed at health-conscious consumers, includes television advertising, in-store programs, free-standing inserts in local papers, consumer promotions and coupon sampling. "green is good," said bill partyka, vice president, healthy choice marketing for conagra foods frozen foods.
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warranted or not, it comes as no surprise to learn that there is growing concern among uk consumers over food safety. according to new research from mintel, 41 per cent of adults were concerned about the safety of food in 1997, while in 2002 this figure has risen to 44 per cent of consumers. the report revealed that there is a considerable difference in attitude between men and women with over half of women (51 per cent) worried about food safety, compared to just 36 per cent of men.
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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