|
Published by: Key Note Publications Ltd
Published: Jun. 1, 2008 - 113 Pages
Table of Contents
- Executive Summary
- 1. Market Definition
- REPORT COVERAGE
- MARKET SECTORS
- MARKET TRENDS
- Convenience/Snack Foods
- Threat from New Packaging Formats
- Health Concerns
- Rising Food Prices
- ECONOMIC TRENDS
- Gross Domestic Product
- Table 1: UK Gross Domestic Product at Current and Annual Chain-Linked Prices (£m), 2003-2007
- Inflation
- Table 2: UK Rate of Inflation (%), 2003-2007
- Household Disposable Income
- Table 3: UK Household Disposable Income per Capita (£), 2003-2007
- Unemployment
- Table 4: Actual Number of Unemployed Persons in the UK (million), 2003-2007
- Population
- Table 5: UK Resident Population Estimates by Sex (000), Mid-Years 2003-2007
- MARKET POSITION
- The UK
- Table 6: Total Household Expenditure on Food and Household Expenditure on Canned Foods (£m at rsp and %), 2003-2007
- Overseas
- Europe
- The US
- 2. Market Size
- THE TOTAL MARKET
- Table 7: The Total UK Canned Foods Market by Sector by Value at Current Prices (£m at rsp), 2003-2007
- Figure 1: The Total UK Canned Foods Market by Sector Share by Value at Current Prices (%), 2007
- BY MARKET SECTOR
- Vegetables
- Table 8: The UK Canned Vegetables Sector by Value at Current Prices (£m at rsp and %), 2003-2007
- Figure 2: The UK Canned Vegetables Sector by Value at Current Prices (£m at rsp), 2003-2007
- Table 9: The UK Canned Vegetables Sector by Type of Product by Value at Current Prices (£m at rsp and %), 2007
- Fish
- Table 10: The UK Canned Fish Sector by Value at Current Prices (£m at rsp and %), 2003-2007
- Figure 3: The UK Canned Fish Sector by Value at Current Prices (£m at rsp), 2003-2007
- Table 11: The UK Canned Fish Sector by Type of Product by Value at Current Prices (£m at rsp and %), 2007
Soup
- Table 12: The UK Canned Soup Sector by Value at Current Prices (£m at rsp and %), 2003-2007
- Figure 4: The UK Canned Soup Sector by Value at Current Prices (£m at rsp), 2003-2007
- Table 13: The UK Canned Soup Sector by Type of Product by Value at Current Prices (£m at rsp and %), 2007
Meat
- Table 14: The UK Canned Meat Sector by Value at Current Prices (£m at rsp and %), 2003-2007
- Figure 5: The UK Canned Meat Sector by Value at Current Prices (£m at rsp), 2003-2007
- Table 15: The UK Canned Meat Sector by Type of Product by Value at Current Prices (£m at rsp and %), 2007
Fruit
- Table 16: The UK Canned Fruit Sector by Value at Current Prices (£m at rsp and %), 2003-2007
- Figure 6: The UK Canned Fruit Sector by Value at Current Prices (£m at rsp), 2003-2007
- Table 17: The UK Canned Fruit Sector by Type of Product by Value at Current Prices (£m at rsp and %), 2007
Pasta
- Table 18: The UK Canned Pasta Sector by Value at Current Prices (£m at rsp and %), 2003-2007
- Figure 7: The UK Canned Pasta Sector by Value at Current Prices (£m at rsp), 2003-2007
- Table 19: The UK Canned Pasta Sector by Type of Product by Value at Current Prices (£m at rsp and %), 2007
Desserts
- Table 20: The UK Canned Desserts Sector by Value at Current Prices (£m at rsp and %), 2003-2007
- Figure 8: The UK Canned Desserts Sector by Value at Current Prices (£m at rsp), 2003-2007
- Table 21: The UK Canned Desserts Sector by Type of Product by Value at Current Prices (£m at rsp and %), 2007
Cooking Sauces
- Table 22: The UK Canned Cooking Sauces Sector by Value at Current Prices (£m at rsp and %), 2003-2007
- Figure 9: The UK Canned Cooking Sauces Sector by Value at Current Prices (£m at rsp), 2003-2007
- Table 23: The UK Canned Cooking Sauces Sector by Type of Product by Value at Current Prices (£m at rsp and %), 2007
OVERSEAS TRADE
3. Industry Background
RECENT HISTORY
NUMBER OF COMPANIES/employment
REGIONAL VARIATIONS IN THE MARKETPLACE
DISTRIBUTION
- Figure 10: The UK Market for Canned Foods by Retailer Share by Value (%), 2007
HOW ROBUST IS THE MARKET?
LEGISLATION
- Food Safety Act 1990
- Food Labelling Regulations 1996
- Food Standards Act 1999
KEY TRADE ASSOCIATIONS
4. Competitor Analysis
THE MARKETPLACE
- Table 24: Selected Leading Manufacturers of UK Canned Food Products by Turnover and Pre-Tax Profit (£000), Latest Financial Year End
MARKET LEADERS
- Baxters Food Group Ltd
- Company Structure
- Current and Future Developments
Financial Results
Del Monte Europe Ltd
Company Structure
Current and Future Developments
Financial Results
Glenryck Foods Ltd
Company Structure
Current and Future Developments
Financial Results
HJ Heinz Company Ltd
Company Structure
Current and Future Developments
Financial Results
John West Foods Ltd
Company Structure
Current and Future Developments
Financial Results
Petty, Wood & Co Ltd
Company Structure
Current and Future Developments
Financial Results
Premier Foods PLC
Company Structure
Current and Future Developments
Financial Results
Princes Ltd
Company Structure
Current and Future Developments
Financial Results
Tulip Ltd
Company Structure
Current and Future Developments
Financial Results
OTHER COMPANIES
- Simpsons Ready Foods Ltd
- Westler Foods
OUTSIDE SUPPLIERS
MARKETING ACTIVITY
- Main Media Advertising Expenditure
- Table 25: Main Media Advertising Expenditure on Leading Canned Foods by Sector and Brand (£000), Years Ending December 2006 and 2007
- Exhibitions and Trade Shows
5. Brand Strategy
INTRODUCTION
RESEARCH FINDINGS
- Convenience
- Table 26: Buying of Canned Foods in the Last 12 Months Owing to Convenience by Sex, Age, Social Grade and Region (% of respondents), 2008
- Value
- Table 27: Buying of Canned Foods in the Last 12 Months Owing to Good Value by Sex, Age, Social Grade and Region (% of respondents), 2008
- Flavour
- Table 28: Buying of Canned Foods in the Last 12 Months Owing to Flavour by Sex, Age, Social Grade and Region (% of respondents), 2008
- Health
- Table 29: Buying of Canned Foods in the Last 12 Months Owing to Health by Sex, Age, Social Grade and Region (% of respondents), 2008
COMPANIES' BRANDS
6. Strengths, Weaknesses, Opportunities and Threats
STRENGTHS
WEAKNESSES
OPPORTUNITIES
THREATS
7. Buying Behaviour
CONSUMER PROFILE
- Baked Beans
- Table 30: Penetration of Baked Beans in the Last 12 Months by Sex, Age, Social Grade and Region (% of adults), June 2007
- Soup
- Table 31: Penetration of Soup† in the Last 12 Months by Sex, Age, Social Grade and Region (% of adults), June 2007
8. Current Issues
TECHNOLOGICAL DEVELOPMENTS
- Sainsbury's Axes Canned Own-Brand Foods
- Rising Prices
- `Days of the Cheap Tomatoes are Gone'
- Canned Meat Prices Rising
HEALTH ISSUES
9. The Global Market
THE DEVELOPING WORLD
- Europe
- The US
THE PEOPLE'S REPUBLIC OF CHINA
10. Forecasts
INTRODUCTION
The Economy
- Table 32: Economic Forecasts (000, % and million), 2008-2012
FORECASTS 2008 TO 2012
- Table 33: The Forecast Total UK Canned Foods Market by Sector by Value at Current Prices (£m at rsp), 2008-2012
- market growth
- Figure 11: Growth in the Total UK Canned Foods Market by Value at Current Prices (£m at rsp), 2003-2012
FUTURE TRENDS
- Demographics
- Table 34: Projected UK Population by Age (000), 2006, 2008, 2010 and 2012
- Market Segmentation
- Product Development
- Competitor Forecasts
11. Company Profiles
Baxters Food Group Ltd
Del Monte Europe Ltd
Glenryck Foods Ltd
Hj heinz Company Ltd
John West Foods Ltd
Petty, Wood & Co Ltd
Premier Foods Plc
Princes Ltd
Tulip Ltd
12. Company Financials
13. Further Sources
Associations
Publications
General Sources
Government Publications
Other Sources
Bisnode Sources
AbstractSales growth in the canned foods market slowed significantly between 2006 and 2007, as the wave of innovation and new product development (NPD) that boosted the market in the preceding years came to an end. Indeed, but for an unprecedented period of food inflation in 2007, sales would have fallen in value terms. The market for canned foods in the UK amounted to nearly £1.99bn in 2007, up by 1.8% from the £1.96bn recorded in 2006. The eight sectors of the canned foods market, as analysed in this Key Note Market Report Plus, are: vegetables; fish; soup; meat; fruit; pasta; desserts; and cooking sauces.
The canned foods market, which has been active in the UK grocery sector for around a century, has shown continuous growth, despite mounting competition from the popular chilled foods sector over the past 2 decades, in particular. Since 2003, the trend towards packaging food products in cartons, jars and pouches rather than cans has gathered pace and, in some sectors such as cooking sauces, canned products are becoming increasingly rare. Key Note believes that this trend will continue and strengthen over the next 5 years (2008 to 2012), especially as the cost of steel rises. Sainsbury's has already chosen to phase out canned own-brand goods, and Key Note anticipates that other retailers and suppliers will also opt to do this.
Canned vegetables represent the largest sector of the UK canned foods market, with retail sales of £528m equating to a 26.5% share of the market in 2007. The canned vegetables sector is one of the few to have shown strong growth over the past 2 years, largely attributable to the buoyancy of two products: baked beans and tinned tomatoes. Branston's arrival in the baked beans sector in November 2005 had a significant impact and spurred activity from Heinz, which traditionally dominates the sector. Premier Foods launched Branston baked beans claiming that, in comparison with Heinz, they contain 20% more tomatoes and were rated more highly in blind taste tests.
Large and well-known international companies govern the UK canned foods market, and most have diverse business interests around the world. Indeed, most of the major companies in the UK are subsidiaries of overseas giants such as Heinz, Campbell's and Princes, which is owned by Mitsubishi. Many of the companies are venturing into using other forms of packaging and, in general, canned foods account for a relatively small proportion of their turnover. There has been some consolidation activity since 2003; for example, Premier Foods acquired the Campbell's Soup brand.
Key Note believes that the market for canned foods will show low growth in nominal terms and a considerable fall in real terms over the next 5 years, as suppliers switch to cartons, pouches and jars. A number of factors will drive this trend, but cost is likely to be the main determinant. Steel prices are expected to continue to soar, given apparently insatiable demand from rapidly growing emerging economies such as the People's Republic of China (PRC). The option of packaging food products in cartons is predicted to pose the most significant threat to the market, as they are much cheaper to produce, take up less shelf space, have environmental advantages and, as they are lighter and easier to carry, are more convenient for the consumer.
Get Full Details About This Report >>
|
|
US: 800.298.5699
Int'l: +1.240.747.3093
|
|
|
