SOURCE: Industrial Info Resources

October 28, 2009 05:01 ET

State of the Market & Current Trends Within the U.K./Ireland Food & Beverage Industry

TAUNTON, UNITED KINGDOM--(Marketwire - October 28, 2009) - Researched by Protel Associates Limited in alliance with Industrial Info Europe (Galway, Ireland) -- In the U.K. and Irish Food & Beverage Industry, confidence remains fragile, but there are signs of slow recovery as the pre-Christmas production period looms. Site closures and rationalisation seem set to continue, with further site closures expected during the coming years as the industry consolidates. Examples of such closures include Northern Foods plc's (LSE:NFDS) pending closure of Cavaghan & Gray, the closure of East End Bakery in Glasgow, and the recent announcement of the intended closure of Scottish & Newcastle's Dunston brewery near Newcastle. Supermarkets, farmers and producers have seen the recession lead to a big drop in customer demand for organic produce and despite claiming to support the recovery of the organic segments, supermarkets such as Tesco plc (OTC:TSCDY) and ASDA Group have reduced the range of organic products on their shelves by a third. Although large players in the chilled ready-meals sector, including Northern Foods, have reported a lower level of sales over the summer, the market is recovering. Northern Foods is planning to invest in factories with scope for expansion and increased automation.

Other companies featured: Wal-Mart Stores Incorporated (NYSE:WMT), Greggs (LSE:GRG), Diageo plc (NYSE:DEO), Kraft Foods Incorporated (NYSE:KFT), Cadbury plc (NYSE:CBY)

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Protel Associates is the leading provider of sales intelligence for equipment and service suppliers to the U.K. & Ireland Process Industries with particular emphasis on the Pharmaceutical/Biotech, Chemical and Food & Beverage sectors. Protel's information is researched, validated and confirmed by a highly skilled and experienced team to provide intelligence that is not otherwise available in the public domain.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to europe@industrialinfo.co.uk or visit us online at Industrial Info Europe (http://www.industrialinfo.co.uk).

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