Inside food & drink manufacturing
IGD 2014 CONVENTION
Food firms can prepare for ‘unpredictable’ market shake-ups if they make themselves more outwardly-focused and more open to change, according to IGD chief economist James Walton.
Thorntons has blamed its 11.9% fall in first quarter total group sales on the changing order patterns of supemarkets and other outlets.
Tougher measures to tackle obesity have been proposed in a report published by 2020health and funded by AB Sugar, including a ban on daytime TV adverts for unhealthy products targeting kids.
Food and drink manufacturers could be hit by a 50% hike in electricity costs by 2020, restricting investment, margins, competitiveness and economic growth, warns the manufacturers’ organisation EEF.
Rice firm Amira G Foods, which aims to target foodservice customers in the UK after clinching a contract to supply 400 Asda stores, is eyeing acquisitions and seeks to expand into new food categories.
Young skills ambassadors had their eyes opened to the variety of roles available in the food industry at an event organised last week by social networking group MyKindaCrowd (MKC).