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November 23, 2016updated 07 Apr 2021 11:57am

Noble Foods to open new Gu Puds plant

Noble Foods is to open a new production facility for its Gü Puds in the UK town of Bishop's Stortford next year, with the creation of around 100 jobs.

Noble Foods is to open a new production facility for its Gü Puds in the UK town of Bishop’s Stortford next year, with the creation of around 100 jobs.

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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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The company said work has already started on the 100,000 sq ft facility, which is expected to open in the summer and will also be used for technical, supply chain and warehouse functions.

The new facility “marks the next chapter of Gü’s expansion plans and will use the latest supply chain techniques”. the company said.

Sarah Baldwin, managing director of Gü Puds, said: “Not only does the new site give us room to grow, it’s located close to our London HQ and near to the M11 motorway making it an excellent logistics hub.”

There is, however, uncertainty about the future of the existing Gü Puds site in Walthamstow in east London. A local newspaper has said the setting up of the site in Bishops Stortford will mean Gü Puds will move out of the Walthamstow plant.

Asked to confirm if Gü Puds will leave the facility in Walthamstow, a spokesperson for the company said: “”The long-term plan is for the Bishop’s Stortford site to be the lead production facility. Gü staff are being kept fully in the loop on the growth and expansion plans for the business.”

Noble Foods, which also owns The Happy Egg Co. brand, bought a majority stake in Gü in 2010.

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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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