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April 14, 2022

Aviko CEO Chris Deen to leave Dutch food group

Deen, who joined the potato-products business in 2020, is to take the helm at feed supplier ForFarmers.

By Dean Best

Aviko, the Dutch potato-products supplier, is set to see a change at the top of the business.

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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
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CEO Chris Deen, who joined Aviko in 2020, is to take the helm at feed supplier ForFarmers.

Deen’s departure was confirmed in a statement by ForFarmers, which says he will join the company in July.

Just Food has approached Aviko, which is owned by Dutch agri-industrial cooperative Royal Cosun, for comment. A spokesperson said: “Information on the succession will be followed up in the near future.”

Deen joined Aviko a year after its previous permanent CEO Piet Hein Merckens resigned. Experienced food-industry executive Ton Christiaanse filled the CEO seat on an interim basis before Deen’s arrival.

Royal Cosun announced its “preliminary” financial results for 2021 in February. In its results commentary, the company said Aviko “achieved an improved result compared to 2020”.

That said, the result was “still lower compared to previous years” due to lower sales of fries and potato products amid the Covid-19 restrictions imposed on the foodservice sector, Royal Cosun explained.

The group continued: “The significant increase in sales during the third quarter inspires confidence in the further recovery of volume development at Aviko following the lifting of government measures for the foodservice sector.”

However, it added: “The significant increase in prices for energy and additives also present a significant challenge at Aviko in terms of the expected result for 2022.”

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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