Sunday, 14 February 2016

FRUIT LOGISTICA 2016 becomes capital of fresh produce trade for three days

FRUIT LOGISTICA 2016 becomes capital of fresh prod...

  From February 3 to 5, FRUIT LOGISTICA in Berlin is the place to be for everyone that wants to k...

Perupas shortlisted for Fruit Logistica Innovation Award

Perupas shortlisted for Fruit Logistica Innovation...

  WOW! Colourful Perupas made by Dutch company HZPC were selected by the international Fruit Logi...

Givaudan celebrates ten years of ethical sourcing

Givaudan celebrates ten years of ethical sourcing

  Givaudan is marking a milestone in its journey to sustainable natural ingredients with an event...

ChemChina to acquire Syngenta at a value of over US$ 43 billion

ChemChina to acquire Syngenta at a value of over US$ 43...

  Syngenta has announced that earlier this February ChemChina has offered to acquire the company at US...

Kiremko starts construction works at new facility

Kiremko starts construction works at new facility

  On February 1, the construction of the new Kiremko building started in a festive way in Montfoort, T...

Potato cultivation programme lifting people out of poverty in Africa

Potato cultivation programme lifting people out of pove...

  The Irish Potato Coalition is a programme set up by Vita, an Irish NGO, which works with communi...

Sensor-based systems for the potato industry exhibited at Fruit Logistica 2016

Sensor-based systems for the potato industry exhibited ...

  A new edition of the Fruit Logistica trade show is set to take place in Berlin, Germany, between Feb...

AHDB launches website to improve potato chips quality

AHDB launches website to improve potato chips quality

  With the frying trade accounting for 12% of the Great Britain potato crop, ensuring quality across t...

Snack manufacturer Ibersnacks assesses its weigher-bagger equipment

Snack manufacturer Ibersnacks assesses its weigher-bagg...

  Snack manufacturers with high production outputs to pack and large orders to fulfil are among the mo...

FAM and Stumabo launch NECST - Next Evolution in Centrifugal Slicing Technology

FAM and Stumabo laun...

  FAM Stumabo developed NECST TM, an ambitious R D proj...

Potato chips in Canada - All dressed up

Potato chips in Cana...

  If you want to try potato chips with ketchup, dill pick...

Pasteurization - It’s all about safety first

Pasteurization - It’...

  Improved shelf life for food products is essential – no...

Kiremko and Packo present new product pump

Kiremko and Packo pr...

    Dutch manufacturer Kiremko and Packo, designer and c...

Company introduces potato starch for clean label food coatings

Company introduces p...

    Eliane™ Bind 12 is a potato starch with unique propert...

Company launches new formulation of biofungicide

Company launches new...

  Marrone Bio Innovations, a U.S. provider of bio-based p...

Welsh potato growers get latest know-how on Potato Day

Welsh potato growers...

  Over 50 potato growers gathered at the County Showground ...

Chile considered robust market for American agricultural equipment

Chile considered rob...

  In the most recently released U.S. Department of Commer...

Dundee-China collaboration discovers potential ‘Achilles heel’ of potato blight

Dundee-China collabo...

  Scientists working in Scotland and China have uncovered...

SmartStor controller wins Certificate of Merit at Lamma 2016

SmartStor controller...

  Lamma 16, the first major farming event of the year too...

Latest figures released by international food and grocery analysts IGD, reveal that we will spend £182.7bn in grocery retail outlets by 2015 - an average annual growth of 3.9 per cent.

According to IGD's UK Grocery Retail Outlook: Opportunities Beyond 2010 report:

* The UK convenience sector, currently valued at £32.1bn, will continue to outperform the grocery market and is projected to increase sales by 5.8 per cent per year to £42.6bn in 2015

* Accounting for 8.2 per cent of the UK grocery sector, non-food sales reached £12.4bn in 2010 and are predicted to increase to £17.1bn by 2015

* Online grocery retailing is set to double in value from £4.8bn to £9.5bn by 2015. This is due to technological enhancements, improvements to websites and delivery/collect methods, and greater confidence among shoppers

The report, which also includes a supplier survey, found that food and drink manufacturers expressed a high level of optimism about the prospects of their businesses in the next three years, with 63 per cent scoring 8 out of 10or higher.

They are also aware of the need to innovate to grow. When asked how they would change their product strategy in the next three years, nearly two thirds of suppliers said that they envisage creating products and pack sizes tailored to meet different store formats or channel-specific needs.

Gavin Rothwell, UK research manager, IGD said: "Many UK retailers have announced major development plans in areas such as convenience and online - all of which are helping drive growth.

Multi-format and multi-channel strategies are gaining traction and scale as retailers seek to reach shoppers in different ways."

Joanne Denney-Finch, chief executive, IGD, said: "Despite a tough trading environment, the food and grocery industry has demonstrated a resilient performance in the last 12 months. Companies have responded quickly to shifting shopper trends and adapted their business models accordingly to win the contest for value and convenience. The road ahead remains uncertain, but those businesses that keep up with the pace of change will continue to reap the rewards and prosper. "

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