Friday, November 1, 2013

UK ready meal sales hit 2.3bn over last year Sheldon Family Bakers 730k investment to bring 30% g


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The smithfield packing company inc findings, published in its Hunger smithfield packing company inc for growth: food and beverage looks to the future report, indicate many aim to boost investment in facilities, equipment, IT and product smithfield packing company inc development in the next year.
There s been a new wave of optimism across UK food and drink businesses, partly driven by export opportunities and partly due to improved consumer sentiment, which is increasing investment in the sector, said Trevor Griffith, head of food and beverage at Grant Thornton.
Seven out of 10 respondents said growth was the more important factor over the next year, rather than cost reduction, a sentiment that can partly be accounted for by increased export opportunities, smithfield packing company inc said Trevor Griffith, head of food and beverage at Grant Thornton.
This optimism, along with beneficial smithfield packing company inc exchange smithfield packing company inc rates, trusted safe supply chains and demand for British brands and products are all likely to contribute to an increase in UK food and beverage smithfield packing company inc exports.
Aside smithfield packing company inc from export growth and investment in infrastructure, half of all respondents expected positive effects from consumer demand for locally sourced products. Businesses reported investing heavily to maintain and improve product integrity and apply more rigour to their supply chains.
Griffith said the trend had moved some supermarkets to adopt a UK-only meat sourcing policy forcing many suppliers to use only UK meat, changing food chain behaviour and encouraging investment in UK production .
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