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greencore: sandwich market has solid potential
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barring another financial crash, the uk sandwich market should continue to see solid growth this year as shoppers tire of making their own packed lunches and look to retailers and caterers to provide an affordable alternative, according to one leading supplier. var media_image="/var/plain_site/storage/images/publications/food-beverage-nutrition/foodmanufacture.co.uk/business-news/greencore-sandwich-market-has-solid-potential/2121623-1-eng-gb/greencore-sandwich-market-has-solid-potential.jpg"; speaking to foodmanufacture.co.uk after the british sandwich association (bsa) published a report revealing the uk sandwich market was up 3.6% by value and 4% by volume in the year to february, greencore food to go director of marketing richard esau said: “this is broadly in line with our own assessment of market growth.” he added: “barring another economic disaster, i don’t see any reason why sandwich volumes should not continue to grow although there will always be some switching between sandwiches, salads and sushi within the food-to-go category, so we don’t view these products in isolation.” while shoppers were starting to trade up again in the sandwich fixtures, however, “we are not going to get back where we were before the [financial] crisis,” predicted esau. “people are still quite cautious, and there is also a sense that things could all change, as the economy is still on a knife-edge.” he also challenged claims made in the bsa report that retailers had devalued the market by selling ultra-cheap sandwiches in a kneejerk reaction to the economic crisis in order to pre-empt a shift in the market. “some retailers obviously believed that there were gains to be made from offering great value options to their customers at a time when those customers were worried about the economy. “the fact that market sales have held up rather well through most of 2009 and into 2010 indicates they may have been right.” ‘bland’ sandwiches? but he did agree with the bsa that pressure to reduce salt and fat in sandwiches risked alienating consumers: “the problem of blandness as we cut salt and fat from our recipes is beginning to be an issue, and there is real concern in the industry that consumers might turn away from our products as a result.” greencore had reduced saturated fat in some sandwiches through using “less or no spread”, switching to lower-fat mayonnaise and tweaking the ratios of components in its fillings, he said. it had also made reductions in salt such that it was now in line with the food standards agency’s 2010 targets. however, the 2012 targets were more challenging, he claimed. “there will come a point where it is impossible to make sandwiches to the guidelines. there is a debate to be had as to when that point has been reached, but i think we all agree that it’s close.” pricing pressure according to the bsa report, published last week, the uk sandwich market is now worth £6bn. however, average prices charged by some retailers were not much higher than they were in 2007 “despite food cost inflation of around 10% and a 4% rise in general inflation since then”, said director jim winship. “the fact that ranges on shelves changed during the recession may have been a direct cause of some down-trading. as a result it is difficult to determine how much has been driven by consumers themselves as opposed to retailer reactions. “some retailers over-reacted when it came to ranging and pricing at the start of the recession because of all the alarmist stories in the press. there were some knee-jerk reactions from buyers.”
Source :foodanddrinkeurope.com
Date :
19
May
2010
Category :
restaurants and Food industrie
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people in australia are becoming hooked on sustainable seafood, says the marine stewardship council (msc), with more fisheries, suppliers and retailers seeking msc certification to meet growing consumer demand for sustainably-sourced seafood products. “a growing number of fisheries in australia, and worldwide, want to show their commitment to sustainable fishing by getting certified to the msc environmental standard for sustainable fisheries.
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one of lion capital\'s portfolio companies, findus, is active in the supply of frozen food to the retail sector. after examining the operation, the commission concluded that the transaction would not significantly impede effective competition in the european economic area (eea) or any substantial part of it. picard is a retailer of frozen food through a network of specialised shops (\"freezer centres\") under the picard brand mostly in france.
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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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the notion of going green, buying organic, and sourcing free trade products is gathering momentum in australia and around the world, but research released in australia suggests the added expense remains a significant deterrent. business information analysts ibisworld decided to test the theory that sustainable grocery shopping was too expensive, revealing that, while the ‘organic’ food shopping basket was 70% more expensive, there are a host of cost-effective ‘green’ options.
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marks & spencer's commitment to remove all hydrogenated fats from its entire food range by mid 2006 suggests that awareness of trans fats has now fully hit europe. the firm is the first major retailer in the uk to place a blanket ban on hydrogenated fats, and could set in place a trend that snowballs, with consumer choice increasingly informed by health and nutritional knowledge.
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two months before it goes to trial, the fda has told california attorney general bill lockyer that his lawsuit against the canned tuna industry over mercury warnings could cause consumers to eat less fish and miss out on the health benefits. lockyer filed a suit against three californian tuna producers - tri-union seafoods, del monte and bumble bee seafoods - in june 2004, for failing to label their albacore and light tuna products with warnings over potential mercury content.
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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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marks & spencer's decision to 