Ethnic foods 2011

Published: January 2011

Publisher: Key Note

Product ref: 103940

Format: PDF

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Report description

Executive Summary

Key Note estimates that the value of the total UK market for ethnic foods and rice was around £1.64bn in 2009, an increase of 10.4% on the 2008 value of £1.49bn. This increase is due to a large rise in the cost of rice (a predicted 47.6% jump to £369m); the estimated total growth for the ethnic foods market without rice was a much more modest 2.8%, rising to £1.27bn in 2009. The cost of raw materials increased, especially rice, which affected the prices of most ingredients and products in this category.

For the purposes of this report, the ethnic foods market is split into two sectors: ethnic foods and rice. The ethnic foods subsector is then divided into the following sectors: Indian, Chinese, Mexican/Tex-Mex, Thai, Caribbean and Other. Chinese and Indian foods are the largest of these six subsectors, and typically dominate the market, with 2009 being no exception. However, rapid growth has been witnessed in other sectors, such as Caribbean foods and Polish foods (classed as ‘Other’ in this report). The dominant Indian and Chinese sectors have lost a small amount of market share, with their maturity as markets limiting the potential for such rapid growth.

The ethnic foods market is highly competitive; suppliers and manufacturers perpetually have to reinvent products and innovate to maintain customer interest and loyalty. This involves a constant refreshing of their lines as well as new product development, brand extensions and advertising campaigns. New formats of well-known brands are currently being launched onto the market; the 2009 relaunch of Mars UK’s Uncle Ben’s and Dolmio cooking sauces is an example, featuring new recipes containing less salt to appeal to the growing demographic of health-conscious customers.

Key Note forecasts that the total UK ethnic foods and rice market will show further growth in 2010 and 2011, with continuing demand for innovative and authentic ethnic foods causing suppliers to produce new products to attract further revenue. These new products typically receive heavy promotional support, with their launches usually accompanied by extensive advertising campaigns.

Ethnic foods are fast becoming a staple element of the population’s diet, which suggests a positive outlook for the market. Potential food-price inflation may raise retail prices further in 2011, although consumer resistance and retailer competition will continue to put downward pressure on prices. This downward pressure may be absorbed by suppliers rather than retailers, many of whom will accept this in the short-term in order to grow their share of the market.

Table of contents

Foreword
Hot Points
Executive Summary
Market Definition

REPORT COVERAGE

MARKET SECTORS

Ethnic Foods
Rice

MARKET TRENDS
Impact of the Recession
New Product Innovation
Rising Cost of Raw Materials

ECONOMIC TRENDS
Population
Gross Domestic Product
Inflation
Unemployment
Household Disposable Income

MARKET POSITION

The UK
Overseas
Market Size

THE TOTAL MARKET

BY MARKET SECTOR
Ethnic Foods

OVERSEAS TRADE
General Overview
Imports and Exports
Industry Background

RECENT HISTORY

NUMBER OF COMPANIES


EMPLOYMENT

REGIONAL VARIATIONS IN THE MARKETPLACE

DISTRIBUTION

HOW ROBUST IS THE MARKET?

LEGISLATION

Food Safety Act
Other Food Legislation

KEY TRADE ASSOCIATIONS
British Frozen Food Federation
Chilled Food Association
Food and Drink Federation
Food Processors Association
World Foods Association
Competitor Analysis

THE MARKETPLACE

MARKET LEADERS

Associated British Foods PLC
Daloon Foods UK Ltd
Discovery Foods Ltd
General Mills Berwick Ltd
Greencore Group PLC
HJ Heinz Company Ltd
Noon Products Ltd
Premier Foods PLC
Tilda Ltd
Unilever PLC
Wrigley Candy UK
Other Companies

OUTSIDE SUPPLIERS

MARKETING ACTIVITY

Main Media Advertising Expenditure
Exhibitions and Trade Shows
Brand Strategy

INTRODUCTION

COMPANIES' BRANDS

All About Food Ltd
Associated British Foods PLC
Discovery Foods Ltd
General Mills Berwick Ltd
Greencore Group PLC
HJ Heinz Company Ltd
McCormick (UK) Ltd
Premier Foods PLC
Sacla' UK Ltd
Unilever PLC
Wrigley Candy UK
Strengths, Weaknesses, Opportunities and Threats

STRENGTHS

WEAKNESSES

OPPORTUNITIES


THREATS
Buying Behaviour

CONSUMER PENETRATION
Ready Meals
Cooking Sauces
Instant Savoury Snacks
Current Issues

EUROPE AND THE EU
Food Labelling in the EU
EU Nitrates Regulations

POLITICAL SCENE
Food Standards Agency Recommendations and Implemented Measures
Food Security
Bio-Fuels
Food-Price Inflation Remains High

LEGISLATION
Organic Labelling Legislation
The Temporary Workers Directive

CORPORATE ACTIVITY

TECHNOLOGY

Mobile Phone Applications
Food Additives and Improving Shelf Life

THE ENVIRONMENT
Packaging
Reduction of Food Miles
The Global Market

INTRODUCTION

ETHNIC FOODS

The US Market
The European Market
Rice
Overview
Production and Consumption of Rice
Forecasts

INTRODUCTION
General Economic Forecasts

FORECASTS-2015

MARKET GROWTH

FUTURE TRENDS

Opportunities for New Sectors
Downward Pressure on Premium Brands
Corporate Activity
Company Profiles

INTRODUCTION

DEFINITIONS

Turnover (Sales)
Pre-Tax Profit
Profit Margin
Average Remuneration
Sales per Employee

FURTHER INFORMATION

ASSOCIATED BRITISH FOODS PLC

Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments

FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios

DISCOVERY FOODS LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments

FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios

PREMIER FOODS PLC
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments

FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios

TILDA LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments

FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios

UNILEVER PLC
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments

FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios

WRIGLEY CANDY UK
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments

FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
Company Financials
Further Sources
Associations
Publications
General Sources
Government Publications
Other Sources
Key Note Sources
Key Note Ltd
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Understanding TGI Data
Number, Profile, Penetration
Social Grade
Standard Region

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