Bakkavor, the leading UK fresh prepared food manufacturer, wants to “accelerate” its growth in “high potential” international markets like China and the US while continuing to benefit from category growth in the UK.
Nestlé has said that it wants to deliver “industry leading volume growth” by leveraging key consumer trends. The company detailed exactly how it intends to achieve this at its investor summit in London yesterday (26 September).
Emerging market slowdowns are having a knock-on effect on the global packaged food market, according to market analyst Euromonitor, which has downgraded its growth forecast for the next five years. “It’s understandably of a concern to many in the industry."
By Pinar Hosafci, food analyst, Euromonitor International
Processed meat has reached saturation point in developed markets, with Europe seeing a stagnant value compound annual growth rate (CAGR) over 2009-2014, according to Euromonitor International, a trend further exacerbated by slow population and economic...
The European sugar confectionery market is forecast to decline in the next few years as regulators and consumers consider the impact of sugar on public health, according to a report by Frost & Sullivan.
Food makers and their suppliers will be wise to continue their
drive into Asian markets, with a new report revealing the region
will grow to achieve a 41 per cent slice of the global food retail
market in 2020, a leap from 33 per...
Ongoing impact of consolidation in the global food and drink
industry is evident in the cost-cutting exercise by Novozymes', the
world's number one enzyme supplier, set to relocate all Swiss
supply chain operations to Denmark...
Number one natural colours firm Chr Hansen builds on ambitions to
penetrate deeper into this growing market with the launch of a new
range of natural reds that tackle stability for beverage
formulations, reports Lindsey Partos.
Danish ingredients firm Chr Hansen has benefited from the growing
demand by food makers for natural colours. Higher sales of natural
colours helped to lift profit figures in a third quarter that also
gained from the increasing popularity...