The FMT Blog
Opinion, analysis and musings from the FMT editorial team and expert guest writers about the food processing and manufacturing sector.
Kraft Heinz raises prices to combat rising costs
Reporting its second quarter results, Kraft Heinz said that it is “anticipating and adapting to changing market conditions” and would manage inflation through “pricing realisation and gross efficiencies.”
Food-to-go market to expect faster than anticipated growth, says IGD
According to the latest figures from the Institute of Grocery Distribution (IGD), this year the UK food-to-go market will be worth £18.9 billion, 3% more than its pre-Covid value in 2019.
Premier Foods acquires meal kit company for £43.8m
Premier Foods, one of the UK’s largest food manufacturers, has agreed to acquire The Spice Tailor, an Indian and South East Asian meal kits and accompaniments brand.
Government launches review of Grocery Code Adjudicator
A review into the effectiveness of the Grocery Code Adjudicator (GCA), which monitors fair practice in the food supply chain between retailers and suppliers, has been launched by the UK government.
John West recalls sardine products due to contamination risk
According to an alert by the Food Standards Agency (FSA), John West has recalled two of its sardine products because of a possible microbiological contamination risk.
‘Prices to rise further if global wheat export deal not upheld’, say trade bodies
The British Meat Processors Association (BMPA) has said that UK producers should expect further rises on the price of wheat if the ‘landmark’ deal between Ukraine and Russia on the global exports of wheat is not upheld.
Global food supply issues to ease as Russia and Ukraine sign grain deal, says UN
According to the United Nations (UN), a deal between Ukraine and Russia to resume exports of wheat through the Black Sea has been signed, potential ending world supply issues of the essential ingredient.
M&S acquires logistics firm Gist in bid to improve supply chain
Marks and Spencer Group plc has announced the acquisition of Gist Limited, the principal contract logistics provider to M&S Food, with the aim to “modernise its food supply chain network to support growth.”
Daily foodstuffs see double-digit inflation rise
Many foodstuffs including butter, flour, ready-made meals and lamb have seen double-digit inflationary rises in June, according to the latest update from the Food and Drink Federation (FDF).
Consumer trust in UK food dropping as cost-of-living bites, according to Red Tractor
The second Red Tractor ‘Trust in Food’ Index has revealed that food from the UK is still more trusted than anywhere else in the world but highlights increased concerns from British consumers as eating and shopping habits change.