French agri-food firm Jean Floc'h snaps up local sausage maker Chambost

Jean Floc’h Group, the French agri-food business, has acquired local cured sausage manufacturer Chambost

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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.

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Financial details have not been disclosed.

Chambost is a family business that can trace its roots back to 1919. Based in Tarare, near Lyon, it is known for the manufacture of cured meat with dried sausage a speciality. Its signature product is the Rosette de Lyon sausage brand.

Employing 33 people, the company’s manufacturing facility can produce 2,400 tons of produce annually.

Jean Floc’h said the deal fits with its strategy of developing charcuterie products.

The group, based in Morteac, Brittany, has 14 production sites, employs 1,800 people and has a turnover of EUR800m (US$890.7m).

Jean Floc’h slaughters pigs and cuts and processes pig meat. The company distributes prepared meat products in France and around the world to both the retail and foodservice channels.

It has an annual production capacity of 200,000 tons of pork meat and 60,000 tons of processed products.

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