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Sales of frozen puds set to rise by 5% next year

12th Jun 2009 - 00:00
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Abstract
Sales of frozen puddings are set to increase a by 5% in the next year to reach £284 million by the end of 2009, according to market analyst Mintel.
Sales of frozen desserts as a whole have increased by 4% in 2008. However, things are looking a little less sweet in the chiller cabinet. While chilled desserts continue to account for the bulk (70%) of sector sales, as many as a third (34%) of Britain's cash strapped consumers admit to having cut down on chilled desserts for financial reasons. What is more, some 16% of all Brits have switched from buying chilled desserts to the frozen variety. Today, over a third (36%) of consumers see frozen foods as being just as good as fresh foods. Within the frozen desserts sector, hot-eating desserts and gateaux are the preferred puds, accounting for 40% of all sales. Meanwhile, frozen pastry is one of the most buoyant choices, and is an ideal shortcut in the kitchen for consumers who opt for making desserts from scratch. But it is not just the frozen market that is fairing well in these challenging times. In line with our love of all things retro, ambient desserts such as jellies and canned rice pudding are experiencing a comeback. After several years of sluggish growth, the market for these delightful desserts grew by around 7% in 2008, and is set to grow a further 6% by the end of 2009. The bulk of sales (just under 50%) in the ambient desserts sector are generated by ready to eat pots, with the convenience of these appealing to those looking for quick and easy dessert solutions. Overall, the total market for take-home desserts grew by around 15% in the last 5 years to reach £1.6 billion in 2009. Sales are set to increase a further 10% in the next 5 years. Emmanuelle Bouvier, senior consumer analyst, said: "There is no doubt that sales of frozen desserts have benefitted from consumers looking for cheaper desserts during the recession. A tighter household budget together with the fact that Brits are increasingly appreciating the quality of frozen food has led consumers to look for value for money choices that have a longer shelf life. "Undoubtedly, the market for frozen desserts has also benefited from Brits seeking comfort foods in troubled times. Birds Eye re-introduced its famous Artic Roll in late 2008 to take advantage of the return to frozen foods and the current popularity of nostalgic brand."
Written by
PSC Team