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Vitamins, fish oils and a tonic for profits

Article Abstract:

The fast-growing UK market for dietary supplements and health food products registered sales of 230 million pounds sterling in 1992. The market for these products is expected to grow rapidly in the 1990s, buoyed by changing consumer perceptions about healthful living, and is expected to reach 750 million pounds sterling by the year 2000. The growth of the UK market mirrors the rising demand for organic health products across Europe and has attracted the attention of European companies eager to challenge the domination of the UK market by local companies such as Reckitt and Coleman, Boots, and Fisons. These European challengers, notably Swiss-based Hoffman La Roche and Scandinavian giant Pharma Nord, aim to increase market share in the three broad product segments that make up the UK market, namely, vitamins, fish oils and dietary supplements such as ginseng, selenium and primrose oil.

Author: Levi, Jim
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1992
Food preparations, not elsewhere classified, Pharmaceutical preparations, Animal and marine fats and oils, Industry Overview, Economic aspects, Natural foods industry, Health foods industry, Dietary supplements industry, Fish industry, Fisheries

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Chipping away at burger dominance

Article Abstract:

Pizza restaurants are providing serious competition to hamburger operators for a major share of the fast food market. This dominance of the pizza over the burger is reflected in sales of from 300 million pounds sterling to 600 million pounds sterling of pizzas in the UK for five year period. The strength of the pizza market is so strong that even the recession has not affected sales. Pizza Hut Inc operator PepsiCo Inc is one company that is benefiting from this consumer switch from burgers to pizzas. This pizza fad brings along with it the profit potential of home deliveries, for which the UK market has grown from five percent to 20% in four years. Despite the strong demand for pizzas, hamburger operators such as Burger King Corp are holding well in the fast food market, as noted in their expansion from 30 to 177 outlets in the UK in 1990 and 1991.

Author: Levi, Jim
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1992
Eating places, Flavoring extracts and syrups, not elsewhere classified, Patent owners and lessors, United Kingdom, Finance, Fast food restaurants, Burger King Corp., Restaurants, PepsiCo Inc., Pizza Hut Inc., Pizza

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Subjects list: Market share
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