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Trends > Food prices

Food prices

Food prices

With memories of peak prices in 2007-8 still vivid, manufacturers must keep a close watch on commodity markets. Sudden shifts can have a massive, overnight impact on costs - and worsen food insecurity in developing countries.

EasyJet founder launches 25p discount food store

EasyJet founder Stelios Haji-Ionnou has opened a no frills, discount food store – called easyFoodstore store – to complement his cut-price airline and travel businesses.

Business Leaders’ Forum

Four food and drink industry surprises of 2015

A shift in power from retailers to their suppliers, leading to a better year than expected, was one of four key surprises that shaped the UK food and drink industry...

UK shoppers pay 89% more for organic food: survey

UK consumers are paying an 89% premium for organic products at the major supermarkets, according to a survey, while more than half of organic shoppers think they pay too much.

Is the ethical shopper's purse big enough for organic AND fairtrade?

Shoppers and supermarkets are falling back in love with organic, but this is as much down to innovation and marketing as it is a lifting of the economic storm clouds,...

News focus

Tesco found to have 'seriously breached' Groceries Supply Code of Practice

UK supermarket giant Tesco has been found to have “seriously breached” the legally-binding Groceries Supply Code of Practice that was created to protect grocery suppliers.

Unilever capping ice cream calories

Unilever has confirmed that from spring this year its entire adult single-serve ice cream range will contain 250 calories or fewer in the UK.

Great British Food Unit could help create 5,000 jobs

The Great British Food Unit has vowed to “take the world by storm” by boosting overseas exports, potentially creating 5,000 jobs in food and drink manufacturing.

Organic food is fuelling the growth of natural preservatives: Report

A growing demand for organic food, coupled with healthy eating trends and a preference for premium products, is driving the growth of the natural food preservatives sector, according to a report....

Exclusive interview

Four reasons to stay in the EU: Greencore boss

Four factors explain why the food and drink industry would be much better off if the UK voted to retain EU membership rather than opting to leave, Greencore ceo Patrick...

'Green food': Euromonitor's top consumer food trend for 2016

How can 'Big Food' become synonymous with sustainability in 2016?

One of 2016’s biggest food industry trends will be the switch to sustainable, says Euromonitor, affecting everything from invisible ingredients to finished products, business acquisitions to public policy – but in...

The money diet: Spend more on food to be healthier, says 2000-strong study

People who increased the amount they spent on food made healthier choices, ate less energy-dense food and lost weight, which has implications for food taxes and consumer subsidies, say the...

Unilever, Nestlé & Danone top for global food issues but overall industry performance is poor: Report

The world’s biggest food companies are too slow in reacting to the double burdens of obesity and undernutrition, says a report that ranks 22 multinationals for their performance in marketing,...

ABF results: Allied Bakeries boosts sales volumes

Allied Bakeries has managed to boost sales volumes but continues to experience ‘pricing challenges’, according to a trading update from parent company Associated British Foods (ABF).

Africa tops the trio of continents set for rise in food demand

Africa has the greatest potential for growth in food consumption over the next 25 years, according to a report, as the continent’s young demographic and lower-than-average calorie consumption provides huge...

Brexit and the food industry

Brexit: ‘dangerous step into unknown’, says union

Quitting the EU would be “a dangerous step into the unknown”, warned the Farmers Union of Wales (FUW), during a debate with Welsh first minister Carwyn Jones and the UK Independence Party...

1000-strong survey reveals German consumers' food industry wish list

A 1000-strong survey into dietary habits and attitudes shows Germans are generally happy with their food but want more neutral nutrition information and ethically-produced meat - and they are willing...

Innovation conference

Disruptive change drives real growth

Creative insights are the real drivers of business growth in food and drink and yet, all too often, companies stick with the safe option, adopting a tick-box approach to innovation,...

Oxford Farming Conference

Brexit could mean ‘heaven or hell’ for food industry

Quitting the EU could spell ‘heaven or hell’ for the UK food and farming industry, according to two sharply contrasting views presented by former environment secretary Owen Paterson and EU agriculture...

UK PM says a sugar tax could be on the cards

In a shock U-turn, the UK Prime Minister David Cameron says he will consider a sugar tax as a measure to fight obesity. 

Global food prices plunged by nearly 20% in 2015

In 2015 prices of the world’s major commodities fell for the fourth year in a row, averaging nearly one fifth (19.1%) lower than in 2014, says the UN’s Food and...

Private label trumps brands over negative feedback - but can brands afford to become complacent?

Retailers pledge to change misleading products as 13,000 Dutch consumers vote for the worst offender of 2015, but as branded manufacturers have remained silent experts warn they should not become complacent.

Sales are up but value falls as UK Christmas shoppers opt for cheaper food

UK consumers bought more Christmas products but opted for cheaper versions of them, IRI data has shown, with traditional retailers feeling the downward price pressure of hard discounters.

Frutarom invests €2.25m in algae start-up

Swiss-Israeli flavours and ingredients house Frutarom Industries has invested 10 million Israeli Shekel (€2.25m) for a 50% stake in the biotech start-up Algalo.

FoodNavigator's 2015 quiz of the year

So you think you know all there is to know about the European food industry in 2015? Let us put your knowledge to the test with our news quiz!

If private label is the innovator of tomorrow, how can brands compete?

Private label products have become the trusted brands of today and continuous innovation will ensure they remain so, says one analyst - but could it also hold some promise for...

Key Industry Events