Market reports, business information and market research from Midnight Croquet. Key Note CHILLED FOODS Report.

About market research company Midnight Croquet and our market report services

Read about how Key Note create their market reports

KEY NOTE CHILLED FOODS : July 2002

Our price

CLICK

TO BUY

This report covers: chilled foods, cheese, yoghurts, chilled desserts, delicatessen meats, yellow fats, ready meals, pizza, savoury pastry products, dressed salads, cream, accompaniments, other chilled prepared foods, brand strategy, brand advertising, consumer penetration, consumption by age, social grade, tapas, mergers, acquisitions,

Companies covered include:

EXECUTIVE SUMMARY

The UK chilled foods market is a sector of the larger food industry. In 2001, the chilled foods market was valued at £6.58bn. Sales followed an upward trend over the 1990s. This report concentrates on the main sectors of the market, which are as follows: cheese, yoghurts and chilled desserts, delicatessen meats, yellow fats, ready meals, pizza, savoury pastry products, dressed salads, cream and accompaniments and other chilled prepared foods.

The UK market has grown as a result of a number of strategies. Spending is boosted by premium and value-added products. In more mature markets, such as chilled dairy foods, the introduction of new products by extending established brands rather than trying to launch new ones carries lower risks. The chilled format also favours fast stock turnaround in areas such as ready meals. This type of activity can maintain interest in the market but actual growth potential is limited.

Increased spending in developing areas has been encouraged by a rise in consumer personal disposable income levels, which means that consumers are more willing to pay for convenience. The erosion of kitchen skills and a reduction in food preparation times have also tended to favour ready-to-eat formats. Other trends in the wider food market are recognised in product launches, with a growth in organic foods and healthy-eating recipes, which are lower in fat or functional in nature.

The wide product range covered by the chilled foods market means that it is served by a diverse range of companies. These include some of the UK's leading food groups, such as Geest PLC, Northern Foods PLC, Uniq PLC and Dairy Crest Group PLC. Some are internationally-trading companies with a large portfolio of strong brands, supported by advertising and promotion. This includes companies such as Kraft Foods UK Ltd and Nestlé UK Ltd. Medium-sized companies operating in this market tend to have a more limited brand offer, but many trade on at least a national level, serving the multiples, which are the main customers in this market.

The chilled foods market is very diverse in terms of products and brands. As a result, there are many sectors of the market with considerable scope for growth, although others are more mature in nature. Overall, Key Note views the market prospects as positive, and anticipates that the market will continue to grow between 2002 and 2006.

TABLE OF CONTENTS

Executive Summary	1
1. Market Definition	2
REPORT COVERAGE	2
MARKET SECTORS	2
MARKET TRENDS	2
Buying Behaviour	2
Trading Up	3
Table 1: Real Household Disposable Income (£m and index 1997=100), 1997-2001	3
Demographic Changes	4
Table 2: Household Size in Great Britain ( percent and million) 1971, 1981, 1991 and 2001	4
Health Issues	5
Low- and Reduced-Fat Products	5
Organic Products	5
Vegetarianism	5
Functional Foods	5
Retail Trends	6
MARKET POSITION	6
The UK	6
Table 3: Index of UK Expenditure on Food and Chilled Food by Constant 1995 Prices (index 1997=100), 1997-2001	7
Overseas	7
2. Market Size	8
THE TOTAL MARKET	8
Table 4: The UK Chilled Prepared Foods Market by Value at Current Prices (£m at rsp and percent), 1997-2001	8
Market Sectors	9
Cheese	9
Table 5: The UK Cheese Market by Value at Current Prices (£m at rsp and percent), 1997-2001	9
Yoghurts and Chilled Desserts	10
Table 6: The UK Market for Yoghurts and Chilled Desserts by Value at Current Prices (£m at rsp and percent), 1997-2001	10
Delicatessen Meats	10
Table 7: The UK Delicatessen Meats Market by Value at Current Prices (£m at rsp and percent), 1997-2001	11
Yellow Fats	11
Table 8: The UK Yellow Fats Market by Value at Current Prices (£m at rsp and percent), 1997-2001	12
Ready Meals	12
Table 9: The UK Chilled Ready Meals Market by Value at Current Prices (£m at rsp and percent), 1997-2001	13
Pizzas	13
Table 10: The UK Chilled Pizza Market by Value at Current Prices (£m at rsp and percent), 1997-2001	14
Savoury Pastry Products	14
Table 11: The UK Savoury Pastry Products Market by Value at Current Prices (£m at rsp and percent), 1997-2001	14
Dressed Salads	15
Table 12: The UK Dressed Salads Market by Value at Current Prices (£m at rsp and percent), 1997-2001	15
Cream	15
Table 13: The UK Cream Market by Value at Current Prices (£m at rsp and percent), 1997-2001	16
Accompaniments and Other Chilled Prepared Foods	16
Table 14: The UK Accompaniments and Other Chilled Prepared Foods Market by Value at Current Prices (£m at rsp and percent), 1997-2001	16
OVERSEAS TRADE	17
Table 15: Intra-EC Arrivals and Extra-EC Dispatches of Chilled Foods by Sector by Value (£000), 2000	17
3. Industry Background	18
RECENT HISTORY	18
NUMBER OF COMPANIES	18
Table 16: UK VAT-Based Enterprises Engaged in the Manufacture of Liquid Milk and Cream Production by Turnover Sizeband (£000 and percent), Year Ending March 2002	19
EMPLOYMENT	19
Table 17: UK VAT-Based Enterprises Engaged in the Manufacture of Liquid Milk and Cream Production by Employment Sizeband (number of employees and percent), Year Ending March 2002	20
REGIONAL VARIATIONS IN THE MARKETPLACE	20
DISTRIBUTION	20
Table 18: Retail Distribution of Chilled Foods by Value ( percent), 2001	21
HOW ROBUST IS THE MARKET?	21
LEGISLATION	22
Key TRADE ASSOCIATION	22
Chilled Foods Association	22
4. Competitor Analysis
THE MARKETPLACE	24
MARKET LEADERS	24
Arla Foods PLC	24
Bernard Matthews Ltd	25
Dairy Crest Group PLC	25
Geest PLC	26
Glanbia Foods Ltd	26
Hazlewood Foods Ltd	27
Kraft Foods UK Ltd	27
Müller Dairy (UK) Ltd	28
Nestlé (UK) Ltd	29
New Zealand Milk (UK) Ltd	29
Northern Foods PLC	30
Samworth Brothers Ltd	31
Uniq PLC	31
Yoplait Dairy Crest Ltd	32
Other Companies	33
Alpro Ltd	33
Cranswick PLC	33
Fiorucci (UK) Ltd	33
Kerry Foods Ltd	33
Lactalis (UK) Ltd	33
The New Covent Garden Soup Company Ltd	33
Pasta Reale Ltd	33
Perkins Foods Holdings Ltd	34
Rea Valley Speciality Foods Ltd	34
Ridpath Pek Ltd	34
S&A Foods Ltd	34
Unilever Bestfoods UK Ltd	34
WT Tiger 3 Ltd	34
OUTSIDE SUPPLIERS	35
ADVERTISING AND PROMOTION	35
Table 19: Main Media Expenditure on Selected Foods by Sector (£000 and percent), Years Ending March 2001 and 2002	36
EXHIBITIONS	36
5. Brand Strategy
MARKET DEVELOPMENTS	37
BRAND TYPES	37
BRAND NAMES	37
Cheese	37
Yoghurts and Chilled Desserts	38
Delicatessen Meats	38
Yellow Fats	39
Ready Meals	39
Pizzas	39
Savoury Pastry Products	40
Accompaniments and Other Chilled Prepared Foods	40
Brand ADVERTISING	40
Table 20: Leading Chilled Food Brands by Above-the-Line Spend (£000), Year to March 2002	41
Cheese	41
Yoghurts and Chilled Desserts	42
Delicatessen Meats	42
Yellow Fats	42
Accompaniments and Other Chilled Prepared Foods	43
6. Strengths, Weaknesses, Opportunities and Threats
STRENGTHS	44
WEAKNESSES	44
OPPORTUNITIES	44
THREATS	45
7. Buying Behaviour
CONSUMER PENETRATION	46
Table 21: Penetration of Chilled Foods ( percent of housewives), 2001	46
CONSUMPTION BY AGE	46
Table 22: Consumption of Chilled Foods by Age Group ( percent of all housewives), 2001	47
CONSUMPTION BY SOCIAL GRADE	47
Table 23: Consumption of Chilled Foods by Social Grade ( percent of all housewives), 2001	48
8. Current Issues
PRODUCT DEVELOPMENT	49
Sainsbury’s Tapas Range	49
NEW BRANDS	49
CORPORATE ACTIVITY	50
Mergers and Acquisitions	50
Arla Foods Fonterra	50
Kerry Foods Direct to Store	50
Cranswick PLC	50
BFD Group	50
St Ivel Dairy	50
Company and Brand Losses	51
DIVERSIFICATION	51
8. The Global Market
SELECTED SECTOR TRENDS	52
Yoghurts	52
Ready Meals	52
Pasta	52
THE MARKETPLACE	53
9. Forecasts
INTRODUCTION	54
Table 24: UK Household Expenditure at Constant 1995 Prices (£bn and index 1997=100), 1997-2001	54
FORECASTS 2002 to 2006	54
Table 25: The UK Chilled Prepared Foods Market by Value at Current Prices (£m at rsp and percent), 2002-2006	55
Figure 1: The UK Chilled Foods Market by Value at Current Prices (£m at rsp), 1997-2006	55
FUTURE TRENDS	56
Demographics	56
Table 26: Age Profile of the UK Population (000 and percent), 1998, 2001 and 2006	56
Market Segmentation	56
Europeanisation/Globalisation	57
Product Development	57
10. Company Profiles
Arla Foods PLC	59
Dairy Crest Group PLC	61
Geest PLC	63
Glanbia Foods Ltd	65
Kraft Foods UK Ltd	67
Müller Dairy (UK) Ltd	69
Northern Foods PLC	71
Samworth Brothers Ltd	73
Uniq PLC	75
13. Company Financials	77
14. Further Sources
Associations	80
Publications	81
Directories	82
General Sources	82
Bonnier Information Sources	83
Government Publications	84
Other Sources	85
Understanding TGI Data	87
Number, Profile, Penetration	87
Social Grade	88
Standard Region	88
Key Note Research
The Key Note Range of Reports

Can't find what you need?
Try our "Research on Request" market report service and define your own report research!
Fixed prices - £150, £450 and £1,250 - and fixed delivery of 4, 5 and 14 days

Click here for full details

Ariadne - working together with our customers to enhance productivity and increase knowledge
© 2004 www.the-list.co.uk Ariadne
Last updated by Amanda Porteous February 2004