Frozen food sales outperform market

London, UK:  The food service market may be shrinking but frozen food is still performing well in the market, according to data compiled by Horizons FS.

The number of food service outlets remained static between 2009 and 2010, while the number of meals served fell by 1.2%.  However, caterers and chefs continue to buy frozen ingredients, comprising almost a quarter (22%) of all food purchases.

Horizons said that restaurants were particularly dependent on frozen food, accounting for nearly a third of their total food purchases.

Brian Young, director general of British Frozen Food Federation said: “It has been a really tough couple of years for the eating out sector with the recession forcing many people to cut back on luxuries like dining out of home.  Even when consumers do venture out to eat, the competitive nature of the market has led them to expect more but to pay less.  Unsustainable heavy discounting and offers has made it difficult for outlets to maintain profitability and operators are really feeling the pinch.

“Caterers have recognised how frozen food can help – as it offers a competitive price and a longer shelf life leading to less waste.  Buying in pre-prepared items and complete meals also means that chefs can spend less time in the kitchen.

The data shows an improvement on 2008 figures – when the recession was at its worst – and it is predicted that the value of the eating out market will grow over the next five years.  Mintel estimate that this figure could reach up to £35,960m in 2016.

WORLD NEWS

Carrier webinar on electrification in the cold chain

Palm Beach Gardens, Florida, USA: Carrier is hosting a free webinar on electric transport refrigeration technologies that advance a sustainable cold chain. The one-hour webinar …

READ THE FULL STORY >

Carrier’s Lynx takes Edison Award for innovation

Palm Beach, California, USA: Carrier’s Lynx digital platform, a finalist in the Edison Awards, has won a silver ranking for excellence in the supply chain …

READ THE FULL STORY >

Carrier Transicold’s Electric E-Cool drives sustainable Transport

Long Beach, California, USA:  Carrier Transicold used the Advanced Clean Transportation Expo to show its range of electric transport refrigeration and cooling products as part of …

READ THE FULL STORY >

Reliable Healthcare upgrades warehouse controls

Chicago, Illinois, USA: “Digitization will enable us to gain operational efficiency for both labor and physical space and monitor operations more accurately,” says Gary Teleky, …

READ THE FULL STORY >

© 2022 Global Cold Chain News | Terms and Conditions | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 7 Diddenham Court, Lambwood Hill, Grazeley, Reading RG7 1JQ