Frozen food market value up but volume down

Newark, Lincolnshire:  Sales of frozen foods have grown in value up 6% year-on-year to June but volumes have fallen says the British Frozen Food Federation.

Higher sales of premium-priced products explain the trend says its director general, Brian Young. Ice cream is a category that had benefited from  ‘premiumisation’, achieving 4.4% value growth on a 4.5% drop in volume he said.

“There are lots of things going on. With ice cream, for instance, there have been increases in premium
product sales, but also cost pressures from ingredients such as milk,” says Young.

Frozen ready meals saw 4.2% value growth on a 1% drop in volume, but according to Young,  “silly prices” of £1 per meal have thinned out competition in the category, helping to push prices back up to around  the £1.30 level.

WORLD NEWS

Daimler Trucks goes electric

Stuttgart, Germany: Daimler Trucks plans a range of electric trucks for urban distribution and long-haul transport and has launched a concept vehicle to demonstrate the …

READ THE FULL STORY >

Krone boosts telematics services

Werlte, Germany: Trailer maker Krone and Shippeo, which makes automated tracking systems, have partnered to provide real-time estimated time of arrival (ETA) for Krone’s trailer …

READ THE FULL STORY >

European Cold Chain Conference set for Rotterdam in November

Rotterdam, Netherlands: The 23rd GCCA European Cold Chain Conference is scheduled for 23 – 25 November 2020 at the Hilton Rotterdam. The conference for temperature controlled professionals will see …

READ THE FULL STORY >

Polish pharma firm opens new warehouse

Głogów. Poland: Polish pharmaceutical company Arra Group has opened a new temperature-controlled warehouse in Poland near Poznań. The company says the warehouse is in a …

READ THE FULL STORY >

WHAT’S ON

Latest Tweets

Cold Chain News September digest with 2020 Cold Chain Leaders tables plus @ColdChainShane on meeting the Brexit challenge: bit.ly/2ZMDikC pic.twitter.com/6lGBUeotLL

© 2020 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ