Ice Creams & Frozen Desserts 2013 - Market Report

 Published On: Feb, 2013 |  Published By: Key Note | Format: PDF
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Executive Summary

This Key Note report examines the ice cream and frozen desserts industry in the UK, which is estimated to have grown by 3% in 2012.

Ice cream makes up the majority of the market; the sector can be further divided into take-home ice cream and wrapped impulse sales. Premium and luxury ice creams are the driving force behind growth in the industry, and new flavours and product innovation are also pushing up sales. Both large global brands and smaller UK specialists operate in the market. The frozen desserts market is dominated by own labels.

The economic crisis has changed consumer habits in the UK. Cash-strapped Britons are no longer be able afford to dine out. However, they still want to treat themselves and are buying quality products, including ice cream and frozen desserts, but they are limiting purchasing frequency. Ice cream is being bought as a guilty pleasure for indulgent occasions and as rewards. In addition, consumers are treating themselves to desserts to add excitement to the dinner occasion, as well as snacktime. However, sales in frozen desserts have been slow because the sector must compete with other food aisles in the market, particularly chilled desserts.

Changes in household composition have also had an impact on the ice cream and frozen desserts industry in the UK. The rise in single- and two-person households over the past 30 years has created a niche in the market for small pots and other mini formats. Moreover, smaller versions also emphasise the ‘treat’ aspect of ice cream and frozen desserts. In addition, manufacturers are warding off rising production costs by charging more per gram than for larger tubs and transferring part of the burden to consumers. Despite dwindling finances, consumers are willing to spend more for quality products.

Furthermore, ice cream and frozen desserts manufacturers are expanding their consumer base by introducing healthier options and dairy-free alternatives. Frozen yoghurt was launched in the UK in April 2012 and is deemed to have significant potential. Products for lactose-intolerant consumers are also emerging. There has also been a rise in the use of sustainable ingredients in the market.

Although the ice cream and frozen desserts industry is enjoying steady growth and remains resilient, manufacturers are operating in a difficult environment. Value growth in 2012 was at its lowest in 5 years due to heavy promotional activity and falling volume sales. Still, Key Note expects that the industry will continue to experience positive growth in the future. Between 2013 and 2017, the value of the market is expected to rise by 12.8%. 


Foreword

Executive Summary

Market Definition
REPORT COVERAGE
MARKET SECTORS
Ice Cream
Frozen Desserts
MARKET TRENDS
Falling Disposable Incomes
Rise in Smaller Households Creates Niche for Smaller Pot Sizes
Demand for Premium Ice Cream and Frozen Desserts
Healthier Options in the Market
Second Wettest Summer on Record in
ECONOMIC TRENDS
MARKET POSITION
The UK
Overseas

Market Size
THE TOTAL MARKET
BY MARKET SECTOR
Ice Cream
Frozen Desserts
OVERSEAS TRADE
General Overview
Exports
Imports

Industry Background
RECENT HISTORY
NUMBER OF COMPANIES
EMPLOYMENT
REGIONAL VARIATIONS IN THE MARKETPLACE
DISTRIBUTION
HOW ROBUST IS THE MARKET?
LEGISLATION
Compositional Requirements
KEY TRADE ASSOCIATIONS
British Frozen Food Federation
Ice Cream Alliance

Competitor Analysis
THE MARKETPLACE
MARKET LEADERS
Fredericks Dairies Ltd
General Mills UK Ltd
Mars Chocolate UK Ltd
RandR Ice Cream UK Ltd
Unilever PLC
Other Companies
OUTSIDE SUPPLIERS
MARKETING ACTIVITY
Exhibitions

Strengths, Weaknesses, Opportunities and Threats
STRENGTHS
WEAKNESSES
OPPORTUNITIES
THREATS

Buying Behaviour
CONSUMER PENETRATION
By Sex
By Age
By Social Grade

Current Issues
CORPORATE SOCIAL RESPONSIBILITY
LEGISLATION
Regulation (EC) No./
POLITICAL ISSUES
Public Health Responsibility Deal
'Fat Tax' Debate
CORPORATE ACTIVITY
Mars Chocolate UK
RandR Ice Cream
Unilever PLC

The Global Market
TOTAL MARKET SIZE
OTHER COMPANIES IN GLOBAL MARKETPLACE
Fonterra (New Zealand)
Humboldt (US)
Tine (Norway)

Forecasts
INTRODUCTION
General Economic Forecasts
FORECASTS TO
MARKET GROWTH
FUTURE TRENDS
Falling Purchase Frequency Offset by Demand for Premium and Luxury Products
New Flavours and Value-Added Products
Small Pots and Mini Formats
Tough Market Conditions

Company Profiles
INTRODUCTION
DEFINITIONS
Turnover (Sales)
Pre-Tax Profit
Profit Margin
Average Remuneration
Sales per Employee
FURTHER INFORMATION

FREDERICKS DAIRIES LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Code
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios

GENERAL MILLS UK LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios

MARS CHOCOLATE UK LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Code
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios

RandR ICE CREAM UK LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Code
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios

UNILEVER PLC
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
Structure
Brand Information
Recent Developments
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios

Further Sources
Associations
Publications
General Sources
Government Publications
Other Sources
Key Note Sources
Key Note Ltd

Understanding Consumer Survey Data
Number, Profile, Penetration
Social Grade
Standard Region

Key Note Research

The Key Note Range of Reports 


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