Frozen Retail Market Hits New High

by bfff.co.uk - 08/10/2009

"The latest data from TNS Worldpanel for the 52 weeks ending 6th September 2009 has shown that the value of the retail frozen food market is now worth just over £5.1 billion. "

All nine product sectors analysed by TNS Worldpanel are showing value growth of at least 2.4% with the savoury food section showing the most impressive growth at 9.6% year on year.

Other sectors that continue to shine in value growth are frozen potatoes at 6.1%, frozen confectionery and desserts at 6.5% and frozen meat and poultry at 6.8%. It is true that volume is flat with frozen confectionery and desserts showing the most significant growth at 2.8% year on year.

Over the last three years the frozen food market has now grown by over £700 million with savoury foods putting on over £150 million in value growth, the fish sector growing by more than £140 million and potato products growing by £100 million. In the three years value growth has been 15.9% but potato products, vegetables, meat and poultry, and fish have all grown by more than 20% in that period.

More Details: http://www.bfff.co.uk/news-and-events/news/frozen-retail-market-hits-new-high