The FMT Blog
Opinion, analysis and musings from the FMT editorial team and expert guest writers about the food processing and manufacturing sector.
Food industry urged to undertake quality checks for new CO2 suppliers
Food manufacturers are being urged by assurance provider LRQA to prioritise quality checks when choosing new CO2 suppliers, to minimise food fraud risk.
Home grown fruit and vegetable production to receive government boost
Plans to “boost” home grown fruit and vegetable production and “drive the growth” of high-tech horticulture have been set out by environment secretary Ranil Jayawardena.
Latest figures reveal that supermarket own label lines continue to grow
Sales of supermarket own label lines continue to increase as consumers shift from branded products. Own label sales increased by 8.1% in September, while branded items declined by 0.7%, according to Kantar’s latest figures.
APPG to hold inquiry into the food supply chain
The Food and Drink Supply Chain All-Party Parliamentary Group has announced it will hold a “special” inquiry session on 19th October, “examining” the impact of the energy crisis on the food and drink supply chain.
Dairy retail sales record mixed results
September retail sales recorded a decrease in volumes for milk, cheese, and yellow fats year-on-year, however higher prices meant total spend increased particularly for both milk and yellow fats.
Kellogg’s launches £500k food Innovation Centre
Kellogg’s has invested more than £500k into a new Food Innovation Centre based at its Trafford Park factory in Manchester, which was recently opened.
Hackney Gelato crowdfund over £670k to expand its businesses
London-based Italian gelato company Hackney Gelato has raised over £670,000 through crowdfunding on the platform Crowdcube, with a view to grow the business.
Tesco reports that inflation strategy has made its price position “more competitive”
In the retailer’s interim trading report, Tesco chief executive Ken Murphy said that its strategy of inflating “a little bit less and a little bit later” has consequently made its price position “more competitive.”
Organic food sales in decline as prices rise
The organic food market has seen a 16% decline in volume sales for the second quarter of the year, and pricing is a factor, according to the Agriculture and Horticulture Development Board.
Greggs announces rise in sales as growth strategy delayed
In its latest trading report, UK food-on-the-go retailer Greggs said its total sales were up 14.6% in the third quarter of 2022, but added that its plans for growth have been delayed.