UK: GROWTH IN FAR EAST FOODS ASSESSED

Article Abstract:

The proliferation of restaurants in the UK specialising in Far Eastern food is now impacting the multiple grocery trade, with consumers seeking products such as sauces, ingredients and ready meals which are authentic. Budgens' senior buyer, Sarah Gray, believes that the response among retailers to the requirements of customers has been good, although there is a lack of truly bona fide Far Eastern meals. Ethnic foods generally have enjoyed growth of 35% in value terms over the past three years, thanks in part to cookery and travel programmes on TV and more travel opportunities. Patak's, which specialises in Indian food, notes that the crucial purchasing factors in this market are authenticity and convenience. Manufacturers and retailers are now contemplating the next popular product, with Thai and Indonesian food regarded as contenders for consumers' affections. Geest believes that its Indonesian-style chilled meals range, Lonny's, will prove popular, based on the gentler nature of the accompanying sauces compared with a number of Far East foods.

Gourmet & Fancy Foods, Gourmet foods

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UK: ORGANIC FOOD MARKET SLOWED BY PRICE

Article Abstract:

The cost of organic food along with poor availability are the main reasons given for lack of support in a survey by Mintel. Seven in ten consumers said they would like to buy organic food and drink but a third gave high price as their reason for not doing so, while a fifth cited lack of availability. According to the report, the organic market is expected to grow by 40% this year. The most popular lines are meat, dairy and fresh produce but baby foods, tea, coffee and bread are rapidly gaining in popularity.

Health Foods, Statistical Data Included, Natural foods industry, Health foods industry, Surveys, Mintel International Group Ltd.

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UK: DEMAND FOR CHILLED CONVENIENCE FOOD

Article Abstract:

According to a report by Retail Intelligence, the chilled convenience food sector is expected to continuing growing, fuelled by increasingly adventurous appetites and busy lifestyles. Between 1994 and 1998, UK spending on chilled convenience food rose by 50% to GB[pound] 2.88bn, with total food expenditure increasing by just 15%. The major supermarket chains account for 90% of sales of chilled convenience foods, with market leaders Marks & Spencer, Tesco and Sainsbury's each holding between 20% and 23%.

Convenience Foods, Product information, Food industry, Supply and demand

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