关闭

Home | Top100 | CRN | 56abc | Ezine | FCN | ChineseMenu

Navigation

Examine the Snack Foods Market

2009-01-29 13:00

NEW YORK-- (BUSINESS WIRE) -- Reportlinker.com announces that a new market research report related to the Snack - Confectionery industry is available in its catalogue.

Snack Foods

http://www.reportlinker.com/p0100081/Snack-Foods.html

This Key Note Market Report Plus on snack foods covers potato crisps/chips, other savoury snacks (including vegetable crisps, tortilla chips, products made from rice, maize and other grains, and baked products) and snack nuts.

Retail sales of snack foods were worth an estimated ￡2.15bn in 2007, having risen in value by just 0.4% on the previous year. Market growth continues to be driven by sales of larger pack sizes (of indulgence products, in particular) for sharing, but also by consumer uptake of healthier products, in which there has been considerable new product development (NPD), resulting in innovative products such as Walkers Baked. Factors such as no trans fats, low fat, low calorie, low cholesterol, low sugar, wholegrain, low sodium, and vitamins and minerals have all increased in importance in 2007/2008, as much publicity and debate are focused on the link between `junk' foods and obesity, with its associated health risks.

Penetration of snack foods in the UK is high, standing at around 85% for potato snacks and around half the population for other savoury snacks and snack nuts. Nevertheless, the high degree of NPD and intense competition ensure that the market remains dynamic.

Both the UK and global markets are dominated by PepsiCo. Research commissioned by Key Note specifically for this report revealed that penetration of the US company's core Walkers brand in the UK was above 59% in 2008, which was significantly higher than that of its nearest competitor brand, Pringles, although there are signs that Pringles is closing the gap on Walkers' dominance of the UK snacks market. Recent corporate activity among other competitors has included the November 2007 acquisition of Sirhowy Valley Foods (which manufactures hand-cooked crisps and vegetable chips under the Real Crisps brand) by Tayto (NI). This was followed in March 2008 by Tayto's acquisition of Red Mill Snack Foods Ltd.

In the second half of 2007, the UK faced two new international crises, namely the turmoil in global financial markets and a sharp rise in world fuel and food prices. Combined, these factors damaged business and consumer confidence. However, as savoury snacks are perceived as an indulgent treat and have a relatively low unit price, demand for these products has not suffered such adverse effects as other consumer products. Nevertheless, some businesses will struggle as the `credit crunch' continues, and the rising cost of wheat, maize, flour and potatoes, the volatility of crude oil prices and an increase in the amount of land given over to biofuel production are just some of the other factors heaping pressure on manufacturers' margins.

Although a growing population will increase demand to some extent, the ageing profile of the population could be detrimental to demand for savoury snacks. In a virtually mature and competitive market, where discounting and free offers are prevalent, value growth of savoury snacks over the 5 years from 2008 to 2012 is expected to be modest.

Executive Summary

1. Market Definition

REPORT COVERAGE

MARKET SECTORS

MARKET TRENDS

Reducing Salt Content

Acrylamide

Mini Snack Portions

Children's Snacks

Great Taste Awards

Table 1: Winners of the Great Taste Awards for Snack Foods, 2008

ECONOMIC TRENDS

Gross Domestic Product

Table 2: UK Gross Domestic Product at Current and Annual Chain-Linked Prices (￡m), 2003-2007

Inflation

Table 3: UK Rate of Inflation (%), 2003-2007

Household Disposable Income

Table 4: UK Household Disposable Income Per Capita (￡), 2003-2007

Population

Table 5: UK Resident Population Estimates by Sex (000), Mid-Years 2003-2007

Unemployment

Table 6: Actual Number of Unemployed Persons in the UK (million), 2003-2007

MARKET POSITION

The UK

Table 7: Consumer Expenditure on Food and Non-Alcoholic Drink (￡m), 2003-2007

Europe

2. Market Size

THE TOTAL MARKET

Table 8: The Total UK Snack Foods Market by Sector by Value at Current Prices (￡m at rsp), 2003-2007

Figure 1: The Total UK Snack Foods Market by Sector by Value at Current Prices (￡m at rsp), 2003-2007

BY MARKET SECTOR

Figure 2: The Total UK Snack Foods Market by Sector by Value at Current Prices (%), 2007

Potato Crisps/Chips

Table 9: The UK Potato Crisps/Chips Sector by Value at Current Prices (￡m at rsp and %), 2003-2007

Other Savoury Snacks

Table 10: The UK Other Savoury Snacks Sector by Value at Current Prices (￡m at rsp and %), 2003-2007

Snack Nuts

Table 11: The UK Snack Nuts Sector by Value at Current Prices (￡m at rsp and %), 2003-2007

3. Industry Background

RECENT HISTORY

NUMBER OF COMPANIES

Table 12: Analysis of UK VAT-Based Enterprises Engaged in the Processing and Preserving of Potatoes by Turnover Sizeband (number and %), 2007

EMPLOYMENT

Table 13: Analysis of UK VAT-Based Enterprises Engaged in the Processing and Preserving of Potatoes by Employment Sizeband (number and %), 2007

REGIONAL VARIATIONS IN THE MARKETPLACE

DISTRIBUTION

HOW ROBUST IS THE MARKET?

LEGISLATION

KEY TRADE ASSOCIATIONS

European Snacks Association

Snack Food Association

Snack, Nut and Crisp Manufacturers Association

ADVISORY AND INFORMATION SERVICES

Food and Drink Federation

The Food Commission (UK) Ltd

Food Standards Agency

4. Competitor Analysis

THE MARKETPLACE

MARKET LEADERS

Intersnack Ltd

Company Structure