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Mintel: UK Online Grocery will Grow by Around 33% in 2020
The latest research from Mintel reveals the online grocery market is forecast to grow by 33% in 2020 to reach an estimated value of £16.8 billion, up from £12.7 billion in 2019. This phenomenal rise follows four consecutive years of slowing growth: in 2019 growth fell to a historic low of just 2.9%. The market is set to be worth £17.9 billion by 2024, growing by 41% over the five year period.
Online shopping behaviour as a whole
This comes as Mintel reveals a dramatic change in online shopping habits over the COVID-19 lockdown period, habits that Mintel believes could prove lasting. In the very early days of the spread of the coronavirus in the UK, before social distancing measures were announced, 7% of Brits...
47 Members of Congress Send Letter Requesting U.S. Chicken Market Access to the United Kingdom
Arkansas Representative Steve Womack (R, AR-3), along with 46 Members of Congress, yesterday sent a letter to U.S. Trade Representative Robert Lighthizer requesting that U.S. chicken products be included in any new trade agreement with the United Kingdom.
The letter specifically addresses the European Union’s long-standing, unscientific ban on U.S.-exported chicken due to an American practice of using chlorine during processing. The U.K. formally adhered to the E.U.’s food safety standards in 1997 and American chicken has been banned from entry since that time.
“With almost one of five pounds of chicken being exported, a robust and expanding overseas market is extremely important to the economic health and well-being of the U.S. chicken industry,” said National Chicken Council President Mike Brown. “Including U.S. chicken is critical in...
Meat Institute Signs MOU with the British Meat Processors Association
With trade negotiations set to begin between the United States and the United Kingdom, the North American Meat Institute (Meat Institute) today announced the signing of a memorandum of understanding (MOU) with the British Meat Processors Association (BMPA) to benefit members of each organization and to support and promote mutually beneficial regulations, standards and policies to enhance bilateral trade in meat and poultry products.
“Members of the Meat Institute and the British Meat Processors Association share many common goals, especially regarding food safety, sustainability, nutrition and worker safety,” said Meat Institute Senior Vice President for International Affairs Bill Westman. “As our governments begin trade talks, it is important to...
Cranswick Acquires White Rose Farms
Cranswick plc, a leading UK food producer, announces that it has acquired the Buckle family’s pig farming and rearing operations as well as the family’s 50% share of the White Rose Farms Limited pig production joint venture set up by Cranswick and the Buckle family in 2018. The enlarged pig enterprise, to be known as White Rose Farms, specialises in the production of Red Tractor assured pigs in Yorkshire and will continue to be led by Rick Buckle.
Following the acquisition of Packington Pork in December, which specialises in British free range and outdoor pigs, today’stransaction further increases Cranswick’s self-sufficiency in UK pigs processed to over...
Mintel: UK Sales of Meat-Free Foods Shoot Up 40% Between 2014-2019
From meatless steak bakes to plant-based Whoppers, it seems that vegan food product launches are now in full swing as new research from Mintel reveals a nation hungry for meat-free foods.
Over the past two years, the number of Brits who have eaten meat-free foods has shot up from 50% in 2017 to 65% in 2019. Meanwhile, sales of meat-free foods have grown an impressive 40% from £582 million in 2014 to an estimated £816 million in 2019. Such is the popularity of meat-free food that sales are expected to be in excess of £1.1 billion by 2024.
According to Mintel research, the proportion of meat eaters who have reduced or limited the amount of meat they consume has risen from 28% in 2017 to 39% in 2019. Women are more likely than men to have...
Cranswick Releases Financial Results
Cranswick plc released an unscheduled trading update.
The Group’s Adjusted Profit Before Tax (under IFRS16, pre-exceptionals) for the year ending 31 March 2020 is now expected to be higher than current market forecasts.
The interim results announcement dated 26 November 2019 stated the Group had delivered a robust performance, in a competitive UK market. That performance, and market backdrop, in the UK continued...
Chlorine-Washed Chicken and Hormone-Treated Beef Ban to Remain After Brexit
Chlorine-washed chicken and hormone-treated beef will not be allowed into the UK under any trade deal with the US, the Environment Secretary has told the BBC’s Countryfile program.
In an exclusive interview, Theresa Villiers told presenter Tom Heap that the current EU ban on such imports will be carried over into UK legislation following Brexit.
Ms Villiers said: “We will not be importing chlorinated-chicken. We will not be importing hormone-treated beef. Both of those are...
REPORTER: Brexit Uncertainty: A Shadow Over Agri-trade
A tug of war between those in favor of an exit and those who wish to remain within the single market regime has showed little sign of easing. More than three years since the United Kingdom voted to leave the European Union the “divorce” process remains in limbo.
Despite Boris Johnson’s exit attempts, the UK’s membership was yet again extended until January 31, 2020.
Much of what happens next will be determined by a snap election set for December 12, 2019. Provided there are nomore delays, the UK exits...
Brexit: EU Agri-Food Chain Representatives Welcome the Deal and Call for a Swift Ratification
Tyson Foods Completes Acquisition of Thai and European Businesses from BRF S.A.
Tyson Foods, Inc. (NYSE: TSN) announced today the successful completion of the acquisition of the Thai and European businesses from BRF S.A. The purchase includes four production facilities in Thailand, and one each in the Netherlands and the United Kingdom. These businesses build on the company’s growth strategy to expand offerings of value-added protein in global markets.
“The addition of this experienced and talented team combined with these businesses strengthens our capabilities and increases our reach to new markets. I’m glad to welcome them to the Tyson Foods family,” said Noel White, president and CEO of Tyson Foods. “We’re now strategically aligned to better serve customers in Europe, the Middle East, and Asia, building on our global strategy.”
It’s estimated that approximately 90 percent of global protein consumption growth will occur outside the United States, with 60 percent of the volume growth coming from...
Update: List of Current Plant Closures Due to COVID-19
The Trip Back to 'Normal' Slaughter Levels
Consumer Confidence Index Stabilizes in May
UB Consulting Presents: The Other Side of COVID-19
Has the Coronavirus Caused Consumers to Adopt New Eating Behaviors?
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