The dramatic rise of coffee pod sales in the U.S. has been a rare bright spot for the retail category in the past few years, but the platform’s days at the top may be numbered, according to Euromonitor International analysts.
The shift in UK wine drinking from bars towards the home throughout the recession and punitive taxes means that brand building is now an even more difficult proposition, according to Rabobank.
Robotics sales to UK food and drinks manufacturers have jumped by more than a quarter over the past two years as industry increasingly embraces the technology, said the British Automation and Robot Association (BARA).
Beverage sales have flattened out over the past year but healthy growth remains in the market for natural ingredients. Wild identifies the ingredients in the natural sphere it believes have the most potential to resist any recessionary fallout.
Food firms looking to trim costs in the recession must be sure to complete due diligence in their ingredient sourcing and not compromise the long-term image of their brands by reduced quality, warns a food chain consultant.
The UK is set to have its first Own Label Show next November, billed as a forum for sourcing new product lines, finding partners and tracking developments.
