Frozen food manufacturers have ‘lots of opportunity’

“There are some key market drivers, as far as growth is concerned,”​ said Young. “Food manufacturers need to stay very close to consumers”​ to benefit from the growth opportunities, Young told FoodManufacture.co.uk in an exclusive video interview.

Commenting on the publication of a new frozen food industry report, Young highlighted its predictions of between 3% and 5% growth in food service, and between 2% and 3% in food retail.

‘Food delivered daily and by the hour’​

“In food service, for example, we’re seeing many new cuisines. We’re seeing food delivered daily and by the hour on different menus,​” ​​said Young.

“​You need to follow the trends, you need to be up with the trends and you need to deliver that in a way that’s appropriate for the modern consumer.”​

Young also explained how manufacturers could unlock extra value from the frozen food sector.

‘Lots and lots of opportunity’​

“​[There is] lots and lots of opportunity ​[to benefit]. ​[We] see growth of between three and five per cent for the next five years within food service, and perhaps two to three per cent in food retail.”​

You can still watch the first of FoodManufacture.co.uk’s three-part interview with Young. We discussed the outlook for the frozen food industry​ based on the results of a BFFF report.

Meanwhile, watch out for the conclusion to our exclusive interview this week, when Young offers advice to his successor, John Hyman.