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Article: Following hot year for frozen foods, Germany braces for cold sticker shock: the German retail market was up in 2008, with A-brand ready meals sales posting gain of 20%. That was well ahead of private label's +8%. But with prices rising, what's next?(News from Europe)(Company overview)
- Article from:
- Quick Frozen Foods International
- Article date:
- April 1, 2008
- Author:
CopyrightCOPYRIGHT 2008 E.W. Williams Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Higher prices coupled with tighter supplies for numerous raw materials, plus rising costs of production make for challenging times ahead for food producers and consumers alike in 2008. One thing that is certain in today's marketplace is that end users in Europe and around the world will continue to pay more at the store for all kinds of products.
By now, the drumbeat of unsettling news about rising commodity prices for everything from wheat and corn to fish and fowl has prepared shoppers for sticker shock in the shop. What remains to be seen is to what extent consumers will change their buying patterns to cope with inflation.
The chief executive officer ...