SOURCE: Industrial Info Resources

August 03, 2009 05:01 ET

U.K. and Ireland Food & Beverage Industry Overview Part 2: Winners & Losers, an Industrial Info News Alert

TAUNTON, UK--(Marketwire - August 3, 2009) - Researched by Protel Associates Limited in alliance with Industrial Info Europe (Galway, Ireland) -- The current global recession has resulted in some surprising shifts in consumer spending that are changing the manufacturing and processing side of the Food & Beverage Industry in the U.K. and Ireland. With less money and confidence, consumers in the two countries have turned to frozen foods and discount brands. As a result, the frozen foods sector is going through a boom right now, while discount supermarket chains like Aldi and Lidl are experiencing unprecedented growth against more mainstream supermarkets like Tesco (OTC:TSCDY), Waitrose, Sainsbury's (OTC:JSAIY) and Marks & Spencer (OTC:MAKSY) (M&S). According to researchers at TNS Worldpanel, the frozen food market as a whole is growing 7% per year and is now worth slightly less than £5 billion.

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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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