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... ready meals continue to lead the european market for frozen and chilled foods, although the category will likely undergo a wave of reformulation as manufacturers attempt to improve the health profile of their products ... 36bn last year, and are expected to reach €16 ... the frozen and chilled foods category includes ready meals, pizza, coated foods and savoury bakery products ... pizza followed in second place at 24 per cent, and coated foods (usually fish- or poultry-based products) accounted for 23 per cent of the market last year ... 5 per cent between 2009 and 2013 to reach €7 ... 17bn) and spain (€1 ... in the uk, consumers prefer chilled foods, while in germany frozen foods are more popular ... the frozen sector also dominates in italy and ireland, although its share of overall sales is slightly lower than in germany, says the report

... new consumer research indicates shoppers are falling back on frozen food to keep bellies full through the recession, according to the food and drink federation – and that, in turn, can stimulate new product development geared to pressing needs ... frozen food in the uk has typically had a low cost image which has affected its popularity in boom time, when premium brands are popular ... a survey conducted by insight track for the fdf’s frozen food group found that 49 per cent of people “believe that frozen food will help them through the credit crunch” ... moreover, 75 per cent said frozen food “is better than it used to be”, and 73 per cent recognised a range of premium products ... the difference in price between a frozen and chilled foods is hard to quantify due to the different ranges and value lines on offer ... but ready meal, for instance, could come in as much as 40 per cent cheaper than its chilled counterpart ... beyond cost, 70 per cent said consumers understand that frozen food helps minimise waste as it can be stored for longer than fresh food, according to the researchers; having a freezer-full of supplies means they need to go to the shops less often than if they were only buying ambient or chilled food ... norman soutar, recently appointed chair of the frozen foods group, pointed out that consumer acceptance of frozen food that is “good news for manufacturers and retailers alike, as the industry responds to changing consumer needs with innovative npd [new product development] and marketing campaigns” ... soutar noted that convenience and good nutritional value are two of the benefits appreciated by consumers ... a growing market the latest available data from tns worldpanel indicated total market value for frozen foods of £4 ... two segments – frozen savoury food and frozen vegetables – experienced growth of more than 10 per cent, to £867

... united biscuits is to sell its stake in young's bluecrest, the frozen fish business, to the venture capital division of legal & general (lgv), the insurance group, the financial times reports ... the deal to sell ub's 44 per cent shareholding in young's is expected to be announced on monday and will raise legal & general ventures' stake to 79 per cent ... management and other finance providers will hold the balance ... wynne griffiths, chief executive of young's said ub, which makes mcvities biscuits and kp snacks, had wanted to exit frozen and chilled foods to focus on its core biscuits and savoury snacks