Frozen food market continues to grow

According to latest figures from Kantar Worldpanel, the retail frozen food market has shown continued growth, reaching £5.8bn for the 52 weeks to 14 September, up 1.6% year on year (yoy).

The savoury food sector, which includes meat products, vegetarian products and pastries, was the strongest performing frozen retail category, achieving a yoy value growth of 4.9%. In addition, the volume of savoury food grew by 2.9% yoy.

Frozen-food-market-continues-to-grow

Frozen potato grew 4.1% yoy, while ice cream, which has enjoyed consistent growth over the last six quarters, was another successful category achieving a value growth of 3.8% yoy.

Commenting on the figures, Brian Young, chief executive of the British Frozen Food Federation said: “With opposing fortunes in the wider retail industry pitting the value retailers against the previously established big supermarkets, it is reassuring to see such consistency in the frozen food market.

“Savoury, potato products and ice cream were the standout sectors but steady value growth was also witnessed in other sectors. There are signs that life is returning to the economy, we predict the consistent growth in frozen food to continue alongside the resurgence.”

Share this:
Tags:

About Jessica Priston

Ut tellus dolor, dapibus eget, elementum vel, cursus eleifend, elit. Aenean auctor wisi et urna. Aliquam erat volutpat. Duis ac turpis. Integer rutrum ante eu lacus. Vestibulum libero nisl, porta vel, scelerisque eget, malesuada at, neque. Vivamus eget nibh. Etiam cursus leo vel metus. Nulla facilisi. Aenean nec eros.

  • Website
  • Google+
  • Rss
  • Pinterest
  • Instagram
  • LinkedIn
  • Vimeo
  • Youtube
  • Flickr
  • Email

Related News

  • Tommy Hilfiger to open an 11,000 square foot store

    American fashion retailer Tommy Hilfiger is to open an 11,000 square foot store at the intersection of Omotesando and Meiji Dori – two of Japan’s busiest streets. The store is filled with American-themed memorabilia, including an authe

  • Alibaba vs Amazon in an infographic
    Alibaba vs Amazon in an infographic
    July 01, 2014 5:50 am

    Alibaba vs Amazon? It’s tough to compare the two e-commerce companies given that each company subscribes to different business model. But that didn’t stop the guys at Smart Intern China to create an infographic comparing the two giants.

  • Amul products to hit US market soon
    Amul products to hit US market soon
    July 01, 2014 5:50 am

    Americans and the Indian diaspora there will finally get the \'Taste of India\'. Kaira District Co-operative Milk Producers Union popularly known as Amul Dairy has started production of three dairy products at its US plant located at Waterloo vill

  • Topman added a second Store in Covent Garden

    After the resounding success of its first premium concept store in Spitalfields, Topman has added a second edition to the ranks, opening in Covent Garden over the weekend. Curated by Topman’s Gordon Richardson and B Store’s Matthew M