Keyword » market

‘Low prices of SMP have reduced the profitability of butter’

Michael Liberty, market analyst at Mintec, on the background to today’s soaring butter prices – and what the future might hold

Budgens in Broadstairs
  (Photo:  )

Him! reveals continuing rise for food-to-go

The total food-to-go market is set to rise by an average rate of 4.4% over the next three years, according to MCA.

New Kingsmill Toasties ‘disrupt’ breakfast

Allied Bakeries is tapping into the increasing popularity of the breakfast market with the launch of Kingsmill Toasties, which it says will disrupt the market.

Hovis records £19m loss in second year of trading

UK baking giant Hovis has recorded a £19m loss in its second year of trading since Premier Foods wrote off part if its investment into the company.

UK e-commerce grocery market grows by 6.9%

According a report published by Kantar Worldpanel, sales of groceries in the UK through e-commerce platforms has increased by 6.9% in the 12 months to June 2016.

Supermarket sales up, despite deflation

Kantar Worldpanel has revealed that, despite continued deflation of 1.1%, supermarket sales rose by 0.3% in the 12 weeks ending 11 September.

Multi-channel strategy reaps significant rewards for Finsbury

Cake, bread and morning goods manufacturer Finsbury Food Group has enjoyed a near 25% rise in group revenue for the financial year ended 2 July 2016, according to preliminary results from the company.

Lidl announces new CEO

Lidl UK has appointed Christian Härtnagel as its CEO with immediate effect, following the surprise departure of Ronny Gottschlich last week.

Chicken sandwich venture to open first permanent site

Fried chicken sandwich street-food outlet Butchies is to launch its first permanent site in London’s Camden Market later this month.

North American chain Tim Horton

Tim Horton’s to extend to UK market

Canadian and US restaurant chain Tim Horton’s will expand into the UK market after announcing a joint venture with a British investor.

Baked goods increase by 10% for breakfast consumers

Baked products are becoming more popular among the British public for breakfast after a 10% rise in consumption, according to research from The Grocer.

Amazon could ‘dash’ the hopes of UK supermarket sales

The launch of Amazon Dash service could take away 20% of UK supermarket online sales by 2020, according to e-commerce delivery expert ParcelHero.

Summer sun warms grocery trade

Recent warmer weather has spurred the grocery trade with the market growing at 0.3% for the 12 weeks to 14 August 2016, according to the latest figures from Kantar Worldpanel.

Cornelius to bring new clean protein to market

The Cornelius Group has partnered with international food ingredients company Agropur to supply the purest whey protein supplement available on the market today.

Supermarket sales below £100bn for first time in six years

Supermarket sales have decreased below £100bn for the first time since 2010 as the price war continues in the UK grocery sector.

Real Good Food reveals future strategy for bakery and ingredients

Real Good Food has revealed several strategic plans for its brands following its move to reposition its business along three pillar markets – cake decoration, food ingredients and premium bakery.

Cupcakes and Shhht to take part in a relaunched street food market

Gluten-free and vegan bakery Cupcakes and Shhht will be attending London’s street food scene, KERB Camden Market, which will officially open to the public on Friday 12 August.

Finsbury celebrates new licensed cake additions

Finsbury Food Group has created two new celebration cakes to coincide with the launch of two blockbuster movies this summer.

Grocery trade escapes immediate Brexit fallout

Brexit has had little impact on grocery share figures, according to the latest data from research firm Kantar Worldpanel.

First gluten- and rice-free flour blend

Gluten-free baker Free From Fairy has launched the first ever gluten- and rice-free wholegrain flour blend – available exclusively from Honest Eats.

Cadbury cake drives Premier’s sweet treats

Premier Foods, the manufacturer of Mr Kipling and Cadbury cakes, has delivered sales growth of 1.9% for the 13 weeks ended 2 July 2016.

Bakery set to wrap up free-from market

A bakery that specialises in artisan wheat- and gluten-free breads, Wheat Free Bakery Direct, has purchased the new FP016 evo flow wrapper from packaging supplier KernPack.

Holland’s extends pies and puddings range

Pie manufacturer Holland’s, part of the 2 Sisters Food group, has developed its product range with a new variety of frozen pies and puddings.

Barry Callebaut grows revenue despite ‘sluggish’ market

Chocolate and cocoa manufacturer Barry Callebaut says it has grown revenues and sales volumes despite declines in the overall global chocolate confectionery market.

Warburtons profits hit by supermarket price war

Continued pressure on the UK grocery market has hit profits at bread giant Warburtons. 

Grocery in decline but discounters take record share

Discount retailers have hit record market share while consumers await the possible impact of Brexit on grocery prices, according to Kantar Worldpanel.

Sandwiches losing out to street food, says new research

There has been a dip in the popularity of sandwiches, while sales of hot food and drinks are up, according to new research from labelling and eco packaging company Planglow.

Ocado shares plummet as Amazon Fresh launches

Ocado shares are at a three-year low following the UK launch of Amazon Fresh, which is making it more susceptible to a takeover, according to City experts.

Hovis goes kosher

KLBD, a global kosher certification authority, has announced that Hovis has chosen to become kosher-certified.

Ancient grain markets to grow by over 20%

The global seed market is predicted to be worth £4.43bn by 2020, and ancient grain markets are set to experience a 20% growth, according to global market research and consulting firm Mordor Intelligence.

Amazon Fresh launches

Amazon Fresh has made its entrance into the UK grocery market, in a move which threatens Britain’s already under-pressure supermarkets.

Tate & Lyle profits up by 5%

Ingredients maker Tate & Lyle has posted flat sales but has seen a boost to profits, with unadjusted pre-tax profits rising from £25m to £126m.

Fresh baked goods are top convenience choice

Over half of those who regularly shop in convenience stores have said they regularly buy freshly baked goods, according to research analyst Mintel.

Foodservice growth rate to slow by end of year

The UK foodservice market is continuing to grow, according to foodservice consultancy Horizon, although the rate of growth is expected to slow.

Greencore reports H1 sales growth

Greencore Group, the international convenience food producer, has reported an 8.5% growth in operating profit to £43.5m during its H1 period.

Fairypan launches smallest cupcake

London-based bakery Fairypan has launched bite-size cupcakes, which it believes are the smallest cupcakes on the market.

Hotel Chocolat’s shares rocket following stock market debut

Hotel Chocolat, the upmarket confectioner, has seen shares surge after the company listed on the stock market for the first time this week.

Elizabeth Shaw bought by Colian

British chocolate brand Elizabeth Shaw has been acquired by Polish confectionery producer and distributor Colian Holding SA.

Greggs to roll out Balanced Choice range

In a continued bid to target the ‘healthy eating’ market, high street food-to-go chain Greggs will launch its Balanced Choice range on 2 May. 

Callebaut says half of millennials choose sweet on-the-go option

Sweet goods are a key market for food-to-go operators, according to research for chocolate producer Callebaut, which shows 50% of millennials choose a sweet option.

Genius wants to lead gluten-free market

Gluten-free brand Genius has spelled out its ambitions to become the global leader in free-from bakery, outlining an international expansion programme.

Addo Food Group to remarket brands

Two of Addo Food Group’s brands, Wall’s Savoury Pastry and Pork Farms, are to be relaunched later this month.

ABF profits up despite “challenges” in bakery

Kingsmill owner Associated British Foods (ABF) has seen grocery profits rise, despite a fall in sales and “challenges” within the UK bakery market.

Coffee sales to hit over £3bn in 2016

Coffee shop's sales are expected to hit £3.14bn this year, according to new research by Mintel.

Carr’s Group ekes out profit rise despite fall in revenue

Carr’s Group has reported a small 0.5% rise in operating profit to £9.6m for the six months ended 27 February 2016, despite a 9.4% plunge in revenue to £189.1m.

United Biscuits targets convenience stores in biscuit growth initiative

United Biscuits (UB) is aiming to grow biscuit sales by £88m over the next five years, by helping convenience stores optimise their range offer.

Callebaut issues ‘solid’ half-year results

Chocolate and cocoa manufacturer The Barry Callebaut Group is buoyant, despite the impact of a strong Swiss franc and a weak cocoa products market, leading to a slump in net profits.

Bakery market suffers as snacking falls

The war on sugar is starting to have an impact, with people turning their backs on sweet baked goods and pastry products because of health concerns, according to new figures.

Bakers advised to secure dairy supplies

Bakers have been warned to lock in their dairy commodity prices, which are at a 10-year low.

United Biscuits identifies £500m growth opportunity in biscuits

United Biscuits (UB) has identified £500m of growth opportunity in the UK biscuit market as part of its first Biscuit Review.

Brioche Pasquier achieves new Sainsbury’s listings

French bakery Brioche Pasquier has added five new products to its range in Sainsbury’s, which takes the company’s listing with the supermarket up to nine.

Sainsbury’s reports steady Q4 sales

Sainsbury’s has reported a steady Q4 trading period with like-for-like (LFL) sales excluding fuel at 0.1% growth.

Waitrose operating profit up despite tough market

Waitrose has reported a 3.9% rise in operating profit for the year, to £232.6m, despite “exceptionally tough” market conditions.

Innovation is the key to success, says new report

A new bakery and pastry report from Catalyst Corporate Finance has found that the fastest-growing brands specialise in healthier baked goods using high-quality ingredients.

Burton’s Biscuits closes in on Fox’s deal

Burton’s Biscuits is reported to be closing in on a £330m deal to purchase rival brand, Fox’s.

Innovate to thrive, say webinar speakers

The bakery retail market is “exciting and vibrant”, according to the speakers at the Insights from the Bakery Market Report 2016 live event.

Fairtrade sales up, but not sugar

The Fairtrade Foundation charity said that shoppers and businesses are choosing Fairtrade for most groceries, but not sugar.

Organic bakery sector recovering

Sales of organic bakery and cakes have improved significantly since the Soil Association’s (SA) 2015 Market Report. 

Miss it, miss out!

If you haven’t registered for the Insights from the Bakery Market Report webinar, you now have only just over a week to do so.

Second site for Manchester bakery

Levenshulme-based bakery Trove will open a second site at Altrincham.

Free-from market set for strong growth

The UK free-from market could grow 13% to £531m in 2016 and climb to £673m by 2020, a new report by market analyst Mintel has claimed.

Keep it sweet, says Callebaut research

Global chocolate producer Callebaut says Millennials and ‘buy now, enjoy later’ products are the future of the food-to-go market.

Grocery market grows, with further success for discounters

The latest grocery share figures from Kantar Worldpanel showed the British grocery market returning to slow growth, after a disappointing Christmas period.

Real Good Food’s share price falls 20%

Food ingredients and bakery supplier Real Good Food (RGF) saw share prices drop 20% after it warned that profits for the year would not hit market expectations.

New director for Finsbury

Finsbury Foods, the retail and foodservice bakery group, has a new non-executive director in Marnie Millard.

Sainsbury’s sales good despite LFL drop

Sainsbury’s suffered a 0.4% drop in like-for-like (LFL) retail sales, excluding fuel, for the 15 weeks to 9 January 2016 – despite trading well over Christmas.

Five things YOU can learn from Greggs today

British Baker highlights some of the key take-outs from the Greggs fourth-quarter update today. Where is the company heading and what will its full year results look like?

Discounters benefit at Christmas amid 0.2% drop in grocery sales

Continuing price deflation meant there was no Christmas uplift for the British grocery market as sales fell 0.2% on last year. But Waitrose, The Co-operative and Sainsbury’s successfully grew ahead of the market. 

Greggs trading in line with expectations, 2015 LFLs up 4.7%

Bakery chain Greggs said it expected its full-year results to be “in line” with previous expectations – after announcing company like-for-like sales (LFLs) increased by 4.7% in 2015.

Record seasonal trading days for Waitrose

Waitrose reported record trading days on 23 and 24 December, despite the challenging grocery market. 

Baked goods sales to tumble 5% by 2020

UK sales of bread and baked goods are set to fall by 5.3% over the next five years, according to a report by market insight company Mintel, with market value dropping from £3.9bn to £3.7bn.

Coffee shops forecast to reach £15bn in next 10 years

Britain’s love affair with coffee looks set to continue with the UK coffee shop market expected to be worth over £15bn by 2025, according to the latest report from Allegra World Coffee Portal.

Sainsbury's was the only one of the Big Four to post sales growth for the 12 weeks to 6 December
  (Photo:  )

Sainsbury’s bucks Big Four downward trend

Sainsbury’s was the only Big Four supermarket to show growth for the 12 weeks to 6 December 2015, up 1.2% to achieve a market share of 16.7%.

Bakery Business Survey still taking entries

British Baker is carrying out its third Bakery Business Survey to reveal how the industry looks from the ground and needs YOUR help.

Aldi and Lidl now hold a combined market share of 10%
  (Photo:  )

German discounters continue to thrive

Aldi and Lidl, the German discounters, hit a combined market share of 10% for the first time, according to a Kantar Worldpanel report.

Outgoing chief executive of Samworth Brothers, Lindsey Pownall
  (Photo:  )

Seven day round-up

The last seven days have produced some interesting stories for the baking industry, from Lindsey Pownall annoucing her retirement from Samworth Brothers to Morrisons unveiling plans to enter the fresh sandwich market. British Baker looks back over the top 5.

Barry Callebaut posts profit dip, warns on year ahead

Global chocolate producer Barry Callebaut has warned about a “challenging” year ahead – after it saw its net profit decline by 5.9% to CHF240 million (£157m).

Morrisons takes on fresh sandwich chains with own offer

Supermarket chain Morrisons has revealed plans to launch its own range of freshly made sandwiches in bid to capitalise on the growing food-to-go market.

2 Sisters: biscuit market under pressure

2 Sisters Food Group, the conglomerate which runs Holland’s Pies and Fox’s Biscuits, saw sales tumble 8.2% in the 52 weeks to 1 August to £3.14bn from £3.42bn in 2014.

American bakery joins historic Soho market

American-inspired bakery Elizabeth D Bakes is among six new stalls to join the newly refurbished Berwick Street Market in Soho, London.

Gluten-free products ‘not up to scratch’, says research

A new study has found nearly 40% of coeliac sufferers are critical of gluten-free bread and mixes currently on the market.

Krazi Baker releases first packaged product

Mark Douglas, founder of Northern Irish bakery company Krazi Baker, has launched his first packaged retail product at Belfast International Airport’s (BIA) country market.

Full steam ahead for EAT

Sandwich and coffee chain EAT has announced plans to tackle the burgeoning train station and airport market as part of its expansion plans.

Starbucks franchisee secures expansion funds

Owner of the UK’s first Starbucks franchise Anil Patil has raised £10m to open 16 new sites.

Sainsbury’s posts moderate sales growth

Sainsbury’s has revealed that total retail sales increased by 0.3% (excluding fuel) for the 16 weeks to 26 September 2015.

Ultrasonic cutter on display at the IBA.
  (Photo:  )

Brook Food launches ultrasonic cake cutter

Brook Food has introduced the Reach Food Systems Ultrasonic Cake Cutter to the UK bakery market.

Discounters soar in stagnant supermarket sector

Discount giants Aldi and Lidl have recorded double-digit growth against relatively static supermarket growth of 0.9%, according to the latest statistics.

Doughnut firm sets up truck at London market

Crosstown Doughnuts, the London-based artisan doughnut concept, has taken up residency next to Old Spitalfields Market in east London.

Mr Kipling extends sharing cake range

Premier Foods is extending its Mr Kipling cake lines to target sharing occasions, as it prepares for a complete packaging redesign.

Bread Ahead team at the Westfield Stratford shop
  (Photo:  )

Second outlet opens for Bread Ahead

Bread Ahead Bakery has opened its second retail site in Westfield Stratford, as it looks to expand.

Slow growth in grocery sector

“Sluggish growth” has been recorded in the British grocery market in the 12 weeks to 16 August 2015 with Sainsbury's the only one of the big four in growth.

Speciality coffee market set to grow

A study suggests the UK coffee market is becoming increasingly specialist – with a new wave of baristas accounting for 15% of the market.

Outside investment need for bread, says analyst

The wrapped bread market needs outside investors, according to a top analyst, as sales decline continues within the sector.

Cake and biscuits market in slow growth, but future positive

The biscuit and cake market has seen a “subdued” growth, threatened by home baking and competition between confectionery, health foods and ice cream products.

Callebaut’s European sales buck the global chocolate trend

Global chocolatier Barry Callebaut has seen sales volumes rise in Europe - outperforming the declining global chocolate confectionery market.

Coffee
Coffee is still on the rise
  (Photo:  )

Ireland’s coffee shop market rises 14%

Ireland’s coffee shop market is outperforming the Irish retail sector with sales growth of 14%. 

5 things you can learn from the Bakery Market Report

The Bakery Market Report is the definitive guide to the retail bakery sector in the UK. Here we outline the reasons YOU need this product.

Cake sales boost Premier, says analysts

Analysts have praised a ‘good uplift’ in the cake category at Premier Foods, while warning of potential delistings depending on actions of Tesco.

Schär gluten-free brand launches in UK

Dr Schär has launched gluten-free brand Schär, which is well known in Europe, in the UK with nine new products.

The Kingsmill 50/50 loaf was dropped from Morrisons in March
  (Photo:  )

Morrisons drops Kingsmill 50/50 loaves

Allied Bakeries has suffered another blow to its Kingsmill brand, as British Baker can reveal Kingsmill 50/50 loaves have been dropped from Morrisons.

Sainsbury’s Q1 LFLs down

Sainsbury’s has seen like-for-like (LFL) sales down 2.1% for its first quarter, fighting what it calls “a highly competitive pricing backdrop.”

Supermarkets see slight sales growth

New figures show continued slow growth in the supermarket sector, with sales up 0.2% for the 12 weeks to 24 May.

Asda reports Q1 3.9% decline in LFL sales

Asda has announced a 3.9% fall in like-for-like sales in its first quarter, in what it describes at the “most challenging year yet” for UK supermarkets.

Brownie firm doubles production

Bad Brownie bakery has more than doubled its product output after opening a new kitchen.

Tesco suffers record loss

Tesco has posted a record £6.4bn annual pre-tax loss for the year to the end of February.

Exclusive: Allied Bakeries’ chief executive to leave

The chief executive of Allied Bakeries is to leave the business – just weeks after parent company Associated British Foods (ABF) declared the UK bakery market “intensely competitive”.

Cinnamon pretzel from Knot
  (Photo:  )

Pretzel bakery expands in the capital

Knot Artisan Coffee and Pretzel bakery has opened a fourth site in London’s Victoria station.

UK coffee shops outperform retail

The UK coffee shop market is outperforming the UK retail sector, with significant sales growth of 10.7% on last year equating to £7.2 bn in turnover.

Scottish Bakers launches new export help group

Scottish Bakers has launched an industry Bakers Export Group aimed at bakers in Scotland who are exporting or considering starting.

New Chevler acquisition increases production

Chevler, the manufacturer of baking cases and muffin, has clinched a deal for the production rights and machinery of a mini-loaf cake maker that will dramatically increase its output.

First decline on record for grocery market
  (Photo:  )

Discounters continue to dominate, as overall grocery declines

Aldi and Lidl have continued to storm the grocery market, despite an overall decline in the sector since Kantar Worldpanel records began in 1994.

Discounting causes grocery deflation

Heavy discounting by supermarkets means the grocery market has been pushed into deflation, according to the latest figures.

Catch up with the Grain for Good webinar

There is still time to listen to the British Baker webinar, held in conjunction with bakery ingredients supplier EDME.

Burton's Biscuits:
The new line up of 'out of home' snacks
  (Photo:  )

Burton's Biscuits expands snack range

Burton’s Biscuit Company has expanded into the 'out of home' market, by launching a range of single serve snack packs aimed at adults.

Lidl
Lidl launches TV campaign
  (Photo:  )

Lidl drives in new TV campaign

Lidl has launched a Little Market advertising campaign, comprising 13 separate adverts including one that champions its baked goods.

Kingsmill enters sandwich thins market

Kingsmill has this morning launched a new range of sandwich thins – coupled with the announcement of an £8.4m investment at its bakery in Glasgow.

Tesco cut trading profit

Tesco have cut its trading profit from £2.8bn to £2.4bn, following what it is calling ‘challenging trading conditions.’

Tea company expands range as market for ethical tea grows

The London Tea Company has launched a new range of ‘ethical’ teas, in response to the growing market for speciality teas. 

China’s bakery market on the rise

A new report has predicted the Chinese bakery and cereals market will become the second most valuable market by 2018.

Healthy biscuit sales rise

Consumers are buying more healthy biscuits and individual slices, amid the media debate on sugar, according to a market report. 

Grain markets need broader approach, says analyst

The grain market outlook is booming, but farmers must consider the wider implications, according to a leading market analyst.

Greencore reports revenue growth and year expectations

Greencore Group has recorded revenue of £310.5m from its convenience food division, 8.7% higher than the prior year on a reported basis.

Coffee shops:
The report states that drinking coffee has become part of UK culture
  (Photo:  )

Coffee and sandwich shops grow 34.9% in value

A report has estimated that the UK sandwich and coffee shop market has grown by 34.9% in market value from 2009 to 2013.

Coffee shops:
The report states that drinking coffee has become part of UK culture
  (Photo:  )

Coffee and sandwich shops grow 34.9% in value

A report has estimated that the UK sandwich and coffee shop market has grown by 34.9% in market value from 2009 to 2013.

Flour mill launches naturally Gluten Free range

Specialist flour mill, Doves Farm, has launched their Gourmet Collection range to meet demand for gluten free products.

 3.4% rise in the bread market
On the rise:
A 10.9% growth is expected to be made between now and 2018
  (Photo:  )

Bread market to grow 10.9% despite overall decline

The UK retail market for bread and bakery products grew by 3.4% in 2013 despite continued decline in bread consumption and volume sales.

Kingsmill Bagel Thins
  (Photo:  )

Kingsmill launches Bagel Thins

Kingsmill, the bakery brand, has launched Bagel Thins, which are significantly thinner than a regular bagel, and contain only 122 calories.

Caffè Nero takes first steps into the US

Coffee chain Caffè Nero is expanding into the USA, with its first café due to open in Boston, Massachusetts in late-April.

Ex-prisoner set to grow bakery business

A baker trained in prison for a Gordon Ramsay TV show has plans to expand his business with four sites.

What is this year’s cronut?

British Baker is broadcasting a live web event next month that will help your business identify the key trends in bakery in 2014.

Insights into the bakery market

Do you want to know more about the retail bakery market in the UK? British Baker is broadcasting a live web event next month that can help.

Warburtons relaunches free-from range

Warburtons has created a dedicated brand for its relaunched line of gluten-free and wheat-free bakery products.

Warburtons’ closures hits company profits

Warburtons has seen a 37% decline in profits to £16.3m in 2011, which the firm has attributed to the restructuring of its bakery operations.

Genius targets gluten-free breakfast market

Genius Foods has created two new breakfast bakery products for the gluten-free market.

My Account

Spotlight

Most read

Social