rts 60-second briefing: chilled foods
DESCRIPTION
An overview of the market for Chilled Foods in the UK. Vital market data for food manufacturers from RTS.TRANSCRIPT
60 Second BriefingChilled FoodsThe rise of meal components
As growth across the UK chilled foods market begins to slow, one
major growth area will be the trend towards assembly cooking. In the
chilled sector meal solutions and components are proving a major
opportunity, posing a significant threat to chilled ready meals in
particular as UK consumers turn towards assembly cooking.
The UK market for chilled foods (as defined by RTS) is currently
worth £18.7bn, with 3.2m tonnes being consumed in the UK in total
in 2008.
In order to maintain market share, RTS believes that manufacturers
must continue to be flexible and respond quickly to changing
consumer trends.
Chilled Foods RTS Resource 2009
for more information email [email protected] or visit www.rts-resource.com
£18.7 bn
UK expenditure on chilled foods*, 2008
*includes : prepared salads & fruit snacks• meat & poultry products • chilled meals • pizzas, snacks & sandwiches • fish & seafood products • chilled bakery
• yoghurt & desserts • soups & sauces
53 kilos
UK per person consumption of chilled foods, 2008UK: Consumer expenditure on chilled foods, 2003 to 2008
£bn
Source: RTS Resource
Notes: See sources and definitions at end of report.
2003 2008
£18.7bn
£13.8bn
CHILLED FOODS CONSUMER EXPENDITURE