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January 22, 2016

Food industry news of the week – Yildiz’s snack ambitions, Unilever’s 2016 outlook, Scotland proposes sugar tax

Godiva and McVitie's owner Yildiz Holdings has decided to bring its snacks brands under one unit in a bid to drive growth internationally. Unilever's CEO, Paul Polman, sounded a note of caution about trading conditions in 2016. And sugar was once again in the headlines, driving policy agendas in Europe.

By Dean Best

Godiva and McVitie’s owner Yildiz Holdings has decided to bring its snacks brands under one unit in a bid to drive growth internationally. Unilever’s CEO, Paul Polman, sounded a note of caution about trading conditions in 2016. And sugar was once again in the headlines, driving policy agendas in Europe.

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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
Enter your details here to receive your free Report.

Yildiz Holding unifies brands to create global snack giant Turkish conglomerate Yildiz Holding is bringing its global chocolate and biscuit businesses – including Godiva, DeMet’s, Ulker and United Biscuits – together in a single umbrella subsidiary, called Pladis.

How is Unilever preparing for a difficult 2016? – analysis Conditions for global packaged food manufacturers in 2015 were challenging. According to the assessment of Unilever, 2016 looks set to get worse. So how is the ice cream-to-condiments manufacturer preparing?

Scotland warns industry over sugar tax Food Standards Scotland has backed “wide-ranging” proposals to curb obesity, opening up the possibility of a sugar tax in the country.

European Parliament rejects sugar-in-baby-food proposal Members of the European Parliament today (20 January) voted against a proposal from the European Commission to allow baby foods to continue to contain up to three times more sugar than recommended by the World Health Organization.

This week, just-food reported in-depth on the World Economic Forum’s Global Risks 2016 report. Click here for the coverage.

Nestle outlines Alibaba tie-up in China Nestle today (19 January) announced a partnership with Chinese online retailer Alibaba in a bid to grow its e-commerce sales.

Avril Group confirms plans for Algeria mayo plant Avril Group, the French agrifood business, has confirmed reports it plans to build a mayonnaise factory in Algeria.

Bakkavor holds talks over ready meals jobs in UK Bakkavor has put forward plans to cut the workforce and make changes to shift patterns at sites in London.

Produce World CEO exits in management revamp UK fresh produce supplier Produce World has announced the departure of a number of its senior executives, including CEO Neil Fraser, after a review of its management structure.

Australia’s Weis Bars sets sights on Chinese ice cream market – the bitesize interview Australia’s Weis Bars has built up a presence across much of Asia with its real-fruit based ice cream range and now the Queensland-based company is eyeing the Chinese market. We catch up with co-owner Julie Weis who tells us why Weis Bars is ready for a launch into China and how the company is looking to increase its presence back home.

Wilmar International, Singapore Food Industries eye Chinese market with joint venture Wilmar International and Singapore Food Industries have inked two joint venture agreements to supply “quality food” to the Chinese market.

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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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