Ebro to invest in organic-food production

Ebro Foods is planning to build another factory to manufacture organic products, as the Spain-based group eyes rapid growth from that part of its business.

Free Report

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

By clicking the Download Free Report button, you accept the terms and conditions and acknowledge that your data will be used as described in the GlobalData privacy policy

By downloading this Report, you acknowledge that we may share your information with our white paper partners/sponsors who may contact you directly with information on their products and services.

Visit our privacy policy for more information about our services, how we may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The company is aiming for production at the facility in Barcelona to start in the autumn of 2019. The plant will make products sold under the Vegetalia brand.

The site will be Ebro’s fourth focusing on what it calls its Bio and Healthy Food division. The group has two others in Spain and a facility in France.

Ebro is forecasting sales from the Bio and Healthy Food unit, which were EUR40m (US$47.1m) in 2017, will reach EUR100m “in two years”, a spokesperson for the company told just-food.

The investment comes a year after Ebro acquired Spanish organic food manufacturer Vegetalia. It paid EUR15m for Vegetalia from the business’ founding shareholder Salvador Sala Druguet. In 2016, the independent Vegetalia generated sales of EUR11.5m.

Ebro has been steadily expanding its organic business in recent years. In 2016, the company snapped up French organic food group Celnat for EUR25.5m.

Free Report

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

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