Inside food & drink manufacturing
Food and drink manufacturers are increasingly exploiting premiumisation by focusing on niche products in a bid to insulate their businesses from the low prices arising from the supermarket price war, reveals a new report.
Greencore has made a multi-million pound investment at its Worksop sandwich manufacturing facility, creating 150 jobs.
Nomad Holdings is in talks to buy the Findus brand, following its acquisition of frozen food firm Iglo Foods for £1.87bn (€2.6bn) in April.
The Protein Works will pump a significant amount of money into a new 1,858m² protein-focused bakery facility in Cheshire, it announced.
The Food Standards Agency (FSA) has published its latest five-year plan to protect food safety in a document headed: ‘Food we can trust’.
Bread is one of the biggest casualties of the supermarket price war, as retailers keep dropping its price to rock bottom levels in a bid to entice shoppers, according to Gordon Polson, Federation of Bakers’ (FoB’s) director.
Discounters Aldi and Lidl could be on a path to destruction, potentially becoming “the person they tried to beat”, if their growth is mismanaged, leading city analysts have warned.