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
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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.

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