Frozen food sales up 5.8% to £5.6bn
Frozen food sales up 5.8% to £5.6bn according to James Halliwell in The Grocer 18/12/12. This is in value for the year to 25 November 2012.
The news means the frozen food market has hit value growth in 25 out of the last 26 quarters which means this sector is in a positive position.
Volume growth is also up 1.6%.The total UK frozen food market is now valued at £5.6bn.
Frozen meat and poultry products are the strongest performers with 10.3% value growth and a 2.8% volume uplift.
Ready meals have shown the highest volume growth in the sector with a rise of 3.9%, while frozen potato products and frozen vegetables returned value growth of 8.2% and 6.7% and volume growth of 2.7% and 3.5%.
“The latest figures for the frozen retail sector have again demonstrated that the industry is continuing to thrive despite the ongoing recession,” said British Frozen Food Federation director general Brian Young.
“With no sign of economic revival on the horizon, household budgets will continue to be under pressure from increasing food inflation and fuel costs.
As disposable income continues to be squeezed, consumers will need to be ever diligent in managing their household budgets.
The quality, nutrition and value of frozen foods mean that the prospects for this retail category continue to be extremely bright.”
If you are interested in making frozen food a part of your business, or you are looking for ways to increase your sales then please contact our sales office now.