• More than 50 per cent of UK food professionals doubt that their new groceries code adjudicator will stop UK supermarkets from abusing their power over suppliers.
    More than 50 per cent of UK food professionals doubt that their new groceries code adjudicator will stop UK supermarkets from abusing their power over suppliers.
Close×

Reducing packaging weight, increasing recycling and improving energy efficiency are amongst the top three priorities for UK food companies this year, according to the Food Manufacture State of the Industry Survey 2013.

The survey seeks to gauge the views of food manufacturing professionals about the current state of the food and drink manufacturing industry, in order to identify issues that are causing the most concern.

Some of the more troubling themes sound familiar. According to the UK survey, 57 per cent of respondents said they doubted that the UK's new groceries code adjudicator - who will oversee the relationship between supermarkets and their suppliers - will stop supermarkets from abusing their power over suppliers.

However 73 per cent of respondents have an optimistic outlook about the future of their company when compared with last year.

The survey also found that:

  • 87 per cent of respondents agreed that the horsemeat scandal had damaged the reputation of the food supply chain
  • 88 per cent believe the price of raw materials will be an increasing concern in the coming year
  • 62 per cent confirm their companies have plans to increase investment in new product development (NPD), even though many believe their customers are more focused on price than ground-breaking NPD
  • 70 per cent of respondents said their companies were not looking to shift manufacturing outside the UK
  • 89 per cent see a long term future for the UK food manufacturing industry.

Packaging News

Sustainable packaging achievements were recognised at the APCO Annual Awards in Sydney last night. The event celebrated organisations, and individuals, driving change towards the 2025 National Packaging Targets and beyond. PKN was there.

Adamantem Capital is bidding to acquire Close the Loop Group. The board has recommended the offer, and is realigning itself, with CEO Joe Foster stepping down from the board, as are the chairman and CFO. Foster will become chief operating officer at the company.

In one of the biggest deals ever undertaken by an ASX-listed business, Amcor is acquiring US-based Berry Group in an all-stock merger, in a move that will create a consumer and healthcare packaging business with 400 operating plants around the world.