Retail sales of frozen food amounted to £5.32bn in 2003 or 8.6% of total consumer spending on food and drink products in the UK, a moderate growth of 1.5% from 2002.
April 14, 2007 (Press Release) --
Frozen Foods - Market Report Plus
Retail sales of frozen food amounted to £5.32bn in 2003 or 8.6% of total consumer spending on food and drink products in the UK, a moderate growth of 1.5% from 2002. The market is broken down into ten sectors; meat and meat products, poultry and poultry products, ice cream, fish and fish products, ready meals, potato products, cakes and desserts, pizza, vegetables and fruit and vegetarian foods.
The market first took off in the UK in the 1960s when freezer ownership became increasingly widespread. It received a further boost in the 1980s with the introduction of the microwave and considerable new product development (NPD) in sectors such as pizzas and ready meals. The development of the industry has been heavily influenced by two of the key factors affecting food markets over the past 40 years - growing demand for convenience products and concerns about health. Frozen foods were one of the first beneficiaries of demand for convenience products; with the introduction of frozen peas in the 1960s, boil-in-the bag meals in the 1970s and ready meals in the 1980s helping to drive demand.
However, over the past 5 years growth has slowed sharply and the market now appears to have reached maturity. Ownership of freezers and microwaves is now ubiquitous, while the scope for further product development appears to be limited. Furthermore, the emergence of chilled produce represents a major challenge to frozen foods. The range of chilled produce has expanded dramatically in the UK in the past 5 years and it offers considerable advantages in terms of convenience over frozen alternatives. Furthermore, consumers believe chilled products are more flavoursome, natural and healthy than frozen alternatives. Retailers and suppliers have also concentrated their marketing and NPD activity on chilled produce, which offers higher margins than the frozen sector. Chilled produce is also far more attractively presented than its frozen alternative and is normally located close to the entrance of many stores, while the sterile-looking frozen food section is often at the end of the store.
For more information, Please visit : http://www.bharatbook.com/detail.asp?id=11008
or email us at : info@bharatbook.com
You can also call us at +91-(022)-2757 8668 or +91-(022)-2757 9131
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Retail sales of frozen food amounted to £5.32bn in 2003 or 8.6% of total consumer spending on food and drink products in the UK, a moderate growth of 1.5% from 2002. The market is broken down into ten sectors; meat and meat products, poultry and poultry products, ice cream, fish and fish products, ready meals, potato products, cakes and desserts, pizza, vegetables and fruit and vegetarian foods.
The market first took off in the UK in the 1960s when freezer ownership became increasingly widespread. It received a further boost in the 1980s with the introduction of the microwave and considerable new product development (NPD) in sectors such as pizzas and ready meals. The development of the industry has been heavily influenced by two of the key factors affecting food markets over the past 40 years - growing demand for convenience products and concerns about health. Frozen foods were one of the first beneficiaries of demand for convenience products; with the introduction of frozen peas in the 1960s, boil-in-the bag meals in the 1970s and ready meals in the 1980s helping to drive demand.
However, over the past 5 years growth has slowed sharply and the market now appears to have reached maturity. Ownership of freezers and microwaves is now ubiquitous, while the scope for further product development appears to be limited. Furthermore, the emergence of chilled produce represents a major challenge to frozen foods. The range of chilled produce has expanded dramatically in the UK in the past 5 years and it offers considerable advantages in terms of convenience over frozen alternatives. Furthermore, consumers believe chilled products are more flavoursome, natural and healthy than frozen alternatives. Retailers and suppliers have also concentrated their marketing and NPD activity on chilled produce, which offers higher margins than the frozen sector. Chilled produce is also far more attractively presented than its frozen alternative and is normally located close to the entrance of many stores, while the sterile-looking frozen food section is often at the end of the store.
For more information, Please visit : http://www.bharatbook.com/detail.asp?id=11008
or email us at : info@bharatbook.com
You can also call us at +91-(022)-2757 8668 or +91-(022)-2757 9131
For searching our huge collection of reports, Please visit :
h
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