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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...
Whole Foods Market to Further Reduce Plastics Across all Stores
Whole Foods Market today announced that it will eliminate plastic straws from its stores in the U.S., the U.K. and Canada by July 2019, becoming the first national grocer to make this change. In addition, the grocer switched to smaller plastic bags in its produce department this year and is replacing hard plastic rotisserie chicken containers with new bags that use approximately 70 percent less plastic. Together, these packaging changes will reduce an estimated 800,000 pounds of plastic per year.
“For almost 40 years, caring for the environment has been central to our mission and how we operate,” said A.C. Gallo, President and Chief Merchandising Officer at Whole Foods Market. “We recognize that single-use plastics are a concern for many of our customers, Team Members and suppliers, and...
Brits Spent £12.3 Billion on Online Groceries in 2018
Brits continue to shop with the click of a button, as according to the latest research from Mintel, last year sales of online groceries in the UK hit £12.3 billion, up 9% from 2017.
One of the fastest growing channels in the UK grocery market, the online grocery sector is still adding to its share of total grocery retail sales, up from 6.1% in 2016 to 7% in 2018. What is more, consumers’ love of online shopping is set to continue as this year, sales are expected to reach £13.6 billion. Over the next five years, online grocery is forecast to account for 10% of all grocery shopping, with sales growing by ...
The Amazon Effect - Nine in Ten Brits Shop on Amazon
Amazon is the retail phenomenon which started in a garage and now, nearly a quarter of a century later, new research from Mintel reveals that almost nine in ten (86%) Brits are Amazon users/shoppers*. Highlighting the ongoing popularity of the retail giant, according to Mintel, more Amazon shoppers have increased their shopping (21%) with the retailer than decreased it (13%) over the past year. Overall, most (70%) Amazon customers shop with the retailer at least once a month, while just under a fifth (17%) use the retailer on a weekly basis.
In terms of what’s in the basket, hardcopy media (books, DVDs or video games) (39%) remains Amazon’s most popular purchases. This is followed by electricals (30%), fashion/jewellery (30%), and toys (20%). An impressive 45% of ...
British Foodservice Industry Falls as Consumers Increasingly Prefer ‘Off-Premise’ Dining Options
Based on recent NPD research, after reaching its peak of 11.35 billion visits in 2017, we’re expecting the out-of-home or eat-out foodservice market will fall over the next two years in Britain. The pressures affecting on-premise eating and drinking is a big theme in British foodservice. The old habit of going shopping and finding a place to sit down is waning as more people shop online and opt for faster and more convenient ways of dining.
All of the meaningful growth in foodservice will be ‘off-premise’, which is where the industry will address the decline on the high street. The modest growth in the large takeaway and grab ‘n’ go channel, supported by the continuing delivery revolution, is enough to provide a significant majority of the growth in spend over the next two years for the entire British foodservice industry ...
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