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Irish Craft Beer Sustaining Growth

    Irish Craft Beer Sustaining Growth

A new Bord Bia report has revealed that Irish craft beer is performing well across all fronts, from the number of production facilities to production output, market share and exports. The number of craft breweries in Ireland has grown by more than 500% in the last 5 years, with 72 now in operation, up from […]

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Value of Irish Foodservice Market Rises to Reach Record €7.8 Billion in 2017

    Value of Irish Foodservice Market Rises to Reach Record €7.8 Billion in 2017

Bord Bia released the findings of its 2017 Irish Foodservice Channel Insights Report in advance of its annual foodservice seminar which took place in the Aviva Stadium, Dublin. The report shows that Ireland’s foodservice market continues to grow and is now valued at a record €7.8 billion, comprising over 33,000 individual outlets. The foodservice market […]

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British Consumers Increasingly Opt For Premium Drinks

    British Consumers Increasingly Opt For Premium Drinks

Increasing numbers of British consumers are choosing premium drinks when they go out, new research from CGA reveals—leading to a surge in sales of craft and luxury spirits and beers. The ‘Going Premium’ report shows that more than two in five (43%) consumers now choose high-quality drinks or say they are likely to upgrade to […]

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Slippery Slope For Yellow Fats and Edible Oils in the UK

    Slippery Slope For Yellow Fats and Edible Oils in the UK

Many UK consumers are frying, baking and eating less bread today, which is melting volume sales of yellow fats and edible oils. Indeed, new research from Mintel reveals that over three in five (62%) Brits who buy butter, spread, oil and fat say they are frying less food at home now compared to a few years ago, […]

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Product Range Rather Than Convenience or Price Drives Consumers In-store

    Product Range Rather Than Convenience or Price Drives Consumers In-store

Product range continues to drive shoppers into stores, with the majority of shoppers preferring a ‘wide range of products’ over convenience, quality and store services in many cases. This is according to a new Shopper Insights Report of 2,600 European consumers across seven countries conducted by IRI, the big data and technology expert for consumer industries.
The report indicates […]

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Volatility Creates Opportunity in Global Drinks Market

    Volatility Creates Opportunity in Global Drinks Market

The global drinks market is changing at an unprecedented rate with consumption swings and market preferences both unpredictable and surprising. The recently-released IWSR Global Trends Report 2017 highlights some of the key trends that are creating both opportunities and challenges for industry executives. These include ever-changing consumer tastes, the role of digitization in driving both preference and […]

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High Performance of EU Agri-food Exports Continues

    High Performance of EU Agri-food Exports Continues

The European Commission’s latest monthly trade report shows that European agri-food exports remain strong for August 2017 further increasing the trade balance to €2.4 billion. The European agri-food exports rose to €11.5 billion in August 2017, an 8% increase compared to July 2017.
Highest increases of monthly exports were again towards Russia and the USA, with […]

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The Price is Right For 77% of Brits Earning £50,000+ Who Shop at Food Discounters

    The Price is Right For 77% of Brits Earning £50,000+ Who Shop at Food Discounters

Latest research from Mintel finds better off British shoppers are flocking to UK food discounters. Indeed, today, as many as 77% of British consumers with a household income of £50,000 or more visit food discounters, compared to 73% of those with a household income of £15,500 or less.
And it appears that premium products are pulling […]

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Positive Economic Trends For EU Fishing Fleet

    Positive Economic Trends For EU Fishing Fleet

According to the latest Annual Economic Report, the overall economic performance of the EU fishing fleet improved again in 2015. While marginally profitable in 2009, the EU fleet registered record-high net profits of €798 million in 2015 and estimates for 2016 and 2017 point towards further increases in profitability.
The report also demonstrates that economic performance stagnates […]

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Rising Drinking Culture Will Boost Chinese Spirits Through to 2021

    Rising Drinking Culture Will Boost Chinese Spirits Through to 2021

The rise of a drinking culture at Chinese social gatherings, along with increased disposable income among younger consumers, are set to drive the Chinese spirits market through a CAGR of 15% over 2016-21, says GlobalData, a recognized leader in business intelligence and analytics. According to its latest report, the market is expected to reach over $450 […]

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Brands Should Increasingly Target Connected ‘Super Leaders’ to Thrive in a Digital, Information-saturated World

    Brands Should Increasingly Target Connected ‘Super Leaders’ to Thrive in a Digital, Information-saturated World

Brands need to focus their online engagement on a new generation of influencers if they are to thrive in a connected, information-saturated world, according to the Tetra Pak Index 2017. The company has identified a group of Super Leaders, the most influential subset of the wider online community. When engaged, these influencers can become brand advocates to […]

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New Bord Bia Study Brings High End Culinary Inspiration to Irish Food and Drink Industry

    New Bord Bia Study Brings High End Culinary Inspiration to Irish Food and Drink Industry

Personalized dishes, tapping trees to flavour water and multi-sensory experiences are just some of the innovations being undertaken by the world’s leading chefs and restaurants according to a new ‘Culinary Inspiration’ magazine launched by Bord Bia. Michelin star chefs and high end restauranteurs from London and Rio de Janeiro to Cape Town, Tokyo and New […]

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Discount Retailers to Grab a Further £9 Billion of UK Consumer Spending by 2022

    Discount Retailers to Grab a Further £9 Billion of UK Consumer Spending by 2022

The UK Discount Retail market is set to grow by 36.1% reaching a total value of £32.5 billion by 2022 according to GlobalData, a recognized leader in providing business information and analytics. The company’s latest report: ‘UK Discounters 2017-2022e‘ reveals that discount retailers could gain an extra £9 billion slice of the total retail market […]

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Changing Consumer Tastes Drive Long-term Global Sugar Market Slowdown

    Changing Consumer Tastes Drive Long-term Global Sugar Market Slowdown

The consumers’ shift away from sugar consumption is an important driver behind significant changes in the food and beverage industry. These changes will have long-term ramifications, including a likely slowdown in the worldwide sugar market, according to the latest report of Rabobank ‘Sweetness and Lite’.
A combination of changing preferences, product reformulations and government pressure have […]

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Younger British Consumers Turn Over a New Leaf on Tea

    Younger British Consumers Turn Over a New Leaf on Tea

New research from Mintel reveals that as many as 37% of British consumers aged 25-34 have drunk 5-6 different types of tea at home or in the workplace over the past month*, compared to just 3% of those aged 55+. Furthermore, Brits aged 25-34 are the most likely to drink every variety of tea tracked by […]

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Growing British Appetite For Sports Nutrition

    Growing British Appetite For Sports Nutrition

Once the preserve of athletes and bodybuilders, new research from Mintel finds that many of the UK’s fitness lovers are using sports nutrition products. Indeed, almost three in 10 Brits (27%) use sports nutrition products*, rising to two in five (39%) Brits who exercise more than once a week. Overall, it is the UK’s young men who […]

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UK Not Ready For Brexit’s Impact on Food

    UK Not Ready For Brexit’s Impact on Food

The UK is unprepared for the most complex ever change to its food system, which will be required before Brexit, according to a new briefing paper published by SPRU, the Science Policy Research Unit at the University of Sussex. The report, by leading food policy specialists Professor Erik Millstone (University of Sussex), Professor Tim Lang […]

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Political Uncertainty Drives Consumer Goods M&A to Lowest Level Since 2011

    Political Uncertainty Drives Consumer Goods M&A to Lowest Level Since 2011

Mergers and acquisitions among the top 50 consumer goods giants have fallen sharply from $226 billion in 2015 to $50 billion in 2016. This is according to OC&C Strategy Consultants’ 15th annual Global 50 report in collaboration with The Grocer, which examines the financial performance of the world’s 50 largest consumer goods companies – the likes of […]

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80% of Irish Exporters Believe UK Still Offers Significant Potential

    80% of Irish Exporters Believe UK Still Offers Significant Potential

A new report launched by Bord Bia shows a renewed optimism for the Irish food and drink industry’s trading relationship with the UK market, worth over €4 billion last year. According to Bord Bia’s Brexit Barometer, almost 80% exporters surveyed believe there is still significant potential for future growth in the UK market, despite the […]

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Managed Restaurant Brands Grow in the UK as Sector Costs Mount

    Managed Restaurant Brands Grow in the UK as Sector Costs Mount

Rising input costs are putting the brakes on pub and restaurant openings – but many managed and branded casual dining operators continue to expand. That is one of the key messages from the eighth edition of the AlixPartners CGA Peach Market Growth Monitor, just published. The report provides authoritative data and extensive insights into Britain’s […]

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Emerging Markets Overtake Developed in FMCG Spend

    Emerging Markets Overtake Developed in FMCG Spend

Emerging markets now account for 51% of global spend on fast-moving-consumer-goods, rising from 48% in just three years. This is the key finding from the latest Kantar Worldpanel Brand Footprint report, which includes its annual Top 50 ranking of the world’s most chosen FMCG brands.
Kantar Worldpanel’s analysis also shows that, with developed markets barely growing, […]

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6,000 Opportunities in Irish Dairy Farming Over the Next Decade

    6,000 Opportunities in Irish Dairy Farming Over the Next Decade

A Teagasc report on the future people requirements of Irish dairy farming has been published. The People in Dairy Project Report identifies the need for 6,000 people to enter dairy farming over the next 9 years. This is made up of 2,000 new employment opportunities and 4,000 people to provide for regeneration of existing dairy […]

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EU Fisheries Controls – More Effort Needed

    EU Fisheries Controls – More Effort Needed

More efforts are needed if the EU is to have an effective fisheries control system in place, according to a new report from the European Court of Auditors. The auditors say that Member States and the European Commission have made progress over the last decade; however, the EU does not yet have a sufficiently effective […]

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Irish Drinks Industry Welcomes Decline in Alcohol Consumption by Young People

    Irish Drinks Industry Welcomes Decline in Alcohol Consumption by Young People

The Alcohol and Beverage Federation of Ireland (ABFI), which represents alcohol drinks manufacturers and suppliers in Ireland, has welcomed findings in a report just published which confirms that young people are consuming less alcohol and having their first alcoholic drink at a later stage.  The Report published by the Health Promotion Research Centre at NUIG has looked […]

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Pub-grub Props Up UK Bar Sales

    Pub-grub Props Up UK Bar Sales

According to new research from Mintel, sales of pub meals in the UK grew by an estimated 14% between 2012 and 2016 to reach £7.4 billion. In the same time period, sales of alcoholic drinks grew by 6%, while soft drink sales rose by 7%.
Indeed, it is increasingly likely that pub punters will be there for […]

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IGD Reveals Vision For Grocery Store of the Future

    IGD Reveals Vision For Grocery Store of the Future

In a brand-new report, international grocery research organisation IGD and The Consumer Goods Forum (CGF) reveal the 10 areas grocery retailers must focus on to ensure physical stores remain relevant for shoppers in an increasingly digital age. Prepared by IGD for CGF’s E2E Value Chain Learning Series, ‘The Evolution of the Physical Store’ maps out […]

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Italy’s Love of Pasta Goes Off the Boil

    Italy’s Love of Pasta Goes Off the Boil

New research from Mintel reveals that sales of pasta in Italy had a compound annual growth rate (CAGR) of -2% between 2011 and 2015, with sales falling to 908,100 tonnes in 2016. According to Mintel, health is the reason this national cuisine has fallen on hard times. Indeed, today, almost one quarter (23%) of Italians say […]

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UK Consumers Favour British Brands

    UK Consumers Favour British Brands

British consumers are developing a growing taste for home-grown brands, according to Kantar Worldpanel’s fifth annual barometer of the nation’s most chosen FMCG brands. The latest UK ranking, which measures which brands are being bought by the most consumers the most often, has revealed that the number of British favourites among the top 10 UK […]

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Irish Consumers Favour Irish Brands

    Irish Consumers Favour Irish Brands

The fifth annual Brand Footprint Ireland ranking from Kantar Worldpanel, measuring which brands are being bought by the most consumers the most often, has revealed that the top four most chosen brands in the country are home-grown favourites, with Avonmore, Brennans, Denny and Jacob’s leading the way.
In Ireland, six of this year’s top 10 brands […]

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Britain Braces For Price Hikes

    Britain Braces For Price Hikes

While the outcome of Brexit may be uncertain, Mintel’s flagship British Lifestyles report reveals that consumers are braced for an expensive future ahead. Over four in five (83%) Brits are currently concerned about seeing price rises on goods and services, with 59% worried about the mounting cost of groceries, 35% worried about the climbing cost of holidays […]

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Ireland Still One of the Lowest Cash Cost Producers of Milk Internationally

    Ireland Still One of the Lowest Cash Cost Producers of Milk Internationally

A detailed report and analysis of trends in the competitiveness of the main sectors in Irish agriculture has been published by Teagasc, as part of an international workshop on measuring international competitiveness and efficiency in agriculture. Profitability, costs of production, value of output and some partial productivity indicators (such as milk yield, stocking density, cereal […]

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UK Coffee Shop Sales Enjoy a Growth High

    UK Coffee Shop Sales Enjoy a Growth High

New research from Mintel reveals that the UK coffee shop market has enjoyed its biggest period of growth since 2008, when the market was valued at £2.2 billion. Over the last five years, the market rose by 37%, up from £2.4 billion in 2011 to reach an impressive £3.4 billion in 2016. What is more, […]

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EU Agri-food Exports Start 2017 at High Level

    EU Agri-food Exports Start 2017 at High Level

The monthly value of EU agri-food exports in January 2017 reached a level of €10.3 billion, which is almost €1 billion higher than in January 2016, according to the latest agri-food trade report. USA remains the most important destination for EU agri-food exports with the highest increases in monthly export values (January 2017 compared to January […]

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Opportunities For Healthy Soft Drinks

    Opportunities For Healthy Soft Drinks

As global consumers’ attitudes towards soft drinks grow increasingly negative due to their high levels of sugar, calories, and ‘artificial’ ingredients, new opportunities are arising for companies to diversify their portfolios, according to research and consulting firm GlobalData.
The company’s latest report states that healthy, ‘clean’ and functional soft drinks are in demand, with 89% of global consumers […]

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A Third of All British Drinkers Have Reduced or Limited Their Alcohol Intake

    A Third of All British Drinkers Have Reduced or Limited Their Alcohol Intake

While the majority of British adults enjoy a tipple, it seems today’s consumers are taking a more conservative approach towards their alcohol consumption. Indeed, new research from Mintel reveals that as many as one third (32%) of all Brits have reduced or limited their alcohol intake over the past 12 months* in comparison to what they would […]

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Spirit Drinkers Keen to Experiment With Novel Flavours But Crave Authenticity

    Spirit Drinkers Keen to Experiment With Novel Flavours But Crave Authenticity

As global spirit drinkers become more experimental, with at least 39% of them actively trying new varieties within each category, craft distillers are presented with an opportunity to diversify their product portfolio. This can be done by adding unique ingredients, trying unusual ingredient combinations, and using innovative processes, according to research and consulting firm GlobalData.
The […]

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Child Obesity – Technical Guidance on Procurement For Healthy Food in Schools

    Child Obesity – Technical Guidance on Procurement For Healthy Food in Schools

The European Commission Joint Research Centre and Directorate-General for Health and Food Safety have presented a report to help authorities implement healthy food standards ensuring that they procure healthy school food. The report provides technical guidance on, among others, drafting clear specifications on foods and food services to be procured to make the healthy food the default […]

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Antimicrobial Resistance in Europe Remains High

    Antimicrobial Resistance in Europe Remains High

Bacteria found in humans, animals and food continue to show resistance to widely used antimicrobials, says the latest report on antimicrobial resistance (AMR) in bacteria by the European Food Safety Authority (EFSA) and the European Centre for Disease Prevention and Control (ECDC). The findings underline that AMR poses a serious threat to public and animal […]

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A Positive Future for the UK Beet Sugar Industry

    A Positive Future for the UK Beet Sugar Industry

The lifting of European Union (EU) sugar quotas in October 2017 and leaving of the EU, offers exciting opportunities for great British businesses and industries, such as British Sugar and the wider UK beet sugar industry.
According to Paul Kenward, Managing Director of British Sugar: “We are one of Britain’s most globally competitive industries and we […]

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The Changing Shape of Socialising

    The Changing Shape of Socialising

Diageo’s first ‘Future Series’ trend report reveals the shape of socialising in the year ahead. In the report, the team responsible for innovation and future-gazing at Diageo, the world leading drinks company behind brands like Johnnie Walker, Smirnoff, Captain Morgan, Baileys and Guinness, isolates three main social trends expected to accelerate into the mainstream in […]

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Positive Economic Trends For EU Fishing Fleet

    Positive Economic Trends For EU Fishing Fleet

The economic performance of the EU fleet improved significantly again in 2014, according to the latest Annual Economic Report. Between 2008 and 2014, the EU fleet moved from a loss-making position in 2008 to registering record-high net profits of €770 million in 2014 – up from €500 million in 2013. The EU fleet’s gross value […]

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The Roundtable on Sustainable Palm Oil Has Published its 2016 Impact Report

    The Roundtable on Sustainable Palm Oil Has Published its 2016 Impact Report

The RSPO has published its 2016 RSPO Impact Report, providing a detailed look at RSPO’s sustainability efforts and outcomes from the past year. Over the years, the RSPO’s focus has remained constant: transforming the market to make sustainable palm oil the norm. To ensure the vision is achieved, the RSPO vigilantly monitors the impact of RSPO […]

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Irish Food and Drink Exports Increase by 2% to Reach Record High of €11.15 Billion

    Irish Food and Drink Exports Increase by 2% to Reach Record High of €11.15 Billion

The value of Irish agri-food and drink exports exceeded €11 billion for the first time ever in 2016, according to Bord Bia’s Export Performance and Prospects 2016-2017 report. “2016 marked the 7th successive year of growth of Irish food and drink exports, with a further 2% increase recorded to reach a record high of €11.15 […]

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Increasingly Health-conscious Consumers Present New Opportunities For Superfoods Beyond Conventional Sectors

    Increasingly Health-conscious Consumers Present New Opportunities For Superfoods Beyond Conventional Sectors

Superfoods, typically of high demand in the food, drink and beauty sectors, will soon see a distinct shift towards more diverse categories, driven by increasing health-consciousness, according to consumer insight firm Canadean.
The company’s latest report finds that consumers are more conscious of their health than ever before and aim to improve it proactively through healthy living rather […]

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2016 the Year of Gin in Britain

    2016 the Year of Gin in Britain

The Wine and Spirit Trade Association’s latest Market Report shows that Britain’s love for a gin and tonic is not restricted to the summer months as sales continue to fizz into the festive season. The report reveals gin sales in pubs, bars and restaurants (on trade) in 12 months (to 1/10/16) went up +19%, on […]

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Low Incidence of TSEs in the EU, Says EFSA Report

    Low Incidence of TSEs in the EU, Says EFSA Report

EFSA has published its first EU summary report on the monitoring of Transmissible Spongiform Encephalopathies (TSEs) in cattle, sheep and goats. Previously, the annual reports on TSEs were compiled by the European Commission.
TSEs are a group of diseases that affect the brain and nervous system of humans and animals.  With the exception of Classical BSE, there is no scientific evidence that other […]

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Europe’s Brewers Keep Trade and the Economy Flowing

    Europe’s Brewers Keep Trade and the Economy Flowing

At their recent sixth annual Beer Serves Europe event, The Brewers of Europe emphasised how their 7,500 breweries not only underpin economic growth in Europe but also make a significant contribution to trade with the rest of the world. Two new publications, the 180-country study Beer Connects Europe with the World and the 2016 edition […]

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Report Highlights Economic Importance of Scottish Red Meat Industry

    Report Highlights Economic Importance of Scottish Red Meat Industry

The importance of red meat production to both the national economy of Scotland and the country’s rural areas, is very clearly highlighted in an independent new report commissioned by Quality Meat Scotland (QMS). The report, ‘An Assessment of the Economic Contribution of Scotland’s Red Meat Supply Chain’, reveals that the red meat supply chain in […]

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Almonds are Number One Nut in New Product Introductions Across Europe

    Almonds are Number One Nut in New Product Introductions Across Europe

According to Innova Market Research’s latest Global New Product Introductions Report, almonds are now the number one nut in new introductions in Europe with a 48% regional share and a new record high of 42% globally. Germany, the UK and France follow the US as the top leading countries introducing new almond products. With 4,313 […]

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UK Catering Firms to Overcome Brexit Uncertainty

    UK Catering Firms to Overcome Brexit Uncertainty

The majority of UK catering companies are in surprisingly good shape to cope with any Brexit fallout, a new report from market analysts Plimsoll Publishing argues. Having carried out a financial health check on the UK’s 1477 top catering firms, the new report has found that 486 firms are performing well in current market conditions […]

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Mixed Growth For Private Label Soft Drinks Across East and West Europe

Private Label soft drinks have faced turbulent times in recent years, with periods of economic uncertainty boosting consumption, and periods of prosperity seeing volumes fall, according to consumer insight firm Canadean. The company’s latest Q2 beverage trackers for East Europe and West Europe state that Private Label soft drinks, a relatively new phenomenon in some East […]

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The Male Market Remains a Big Opportunity For Savory Snacks Manufacturers in Russia

    The Male Market Remains a Big Opportunity For Savory Snacks Manufacturers in Russia

Currently, the average Russian man consumes savory snacks less often than his female counterpart, presenting new opportunities for manufacturers to appeal to indulgence-seeking men, according to a new study published by consumer insight firm Canadean. The company’s latest report states that the Russian savory snacks market was valued at US$2.7 billion in 2015, and is forecast […]

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Tetra Pak Sees Growth Opportunities For 100% Juice

    Tetra Pak Sees Growth Opportunities For 100% Juice

The market for 100% juice should return to growth despite global economic slowdown and the recent debate around sugar, according to Tetra Pak’s 100% Juice Index report. According to the company, the combination of emerging growth hot-spots and slowing decline in established markets is stabilising 100% juice and bringing it back to growth going forward […]

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Global Savoury Snacks Market to Reach Over $138 Billion by 2020 as ‘Snackification’ Trend Grows

    Global Savoury Snacks Market to Reach Over $138 Billion by 2020 as ‘Snackification’ Trend Grows

The global savoury snacks market will rise from US$94.5 billion in 2015 to US$138.2.billion by 2020, representing a compound annual growth rate (CAGR) of 7.9%, according to consumer insight firm Canadean. The company’s latest report states that such growth is expected to come mainly from developing countries in the Asia-Pacific and Eastern European regions, with CAGRs […]

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