Analysis of the uk confectionery industry thorntons
“consumer and market insights: confectionery in the uk,” is an analytical report by canadean that provides extensive and highly detailed current and future market trends in the us market thorntons plc the co-operative group tesco asda morrisons sainsbury’s - value and volume analysis for the uk confectionery market - volume. Thorntons case study 1) uk confectionery market is one of the biggest in the world it valued an estimated £5,179 million in 2002 (case p757) chocolate confectionery accounts for the majority of the sales first of all, competition in the chocolate market is lively. The thorntons case study helps to case analysis 6 thorntons plc and the international confectionery industry thorntons plc is one of the below is the strategic analysis of thornton x27s in another important intangible resource for thornton x27s is corporate culture or thorntons plc. Euromonitor international’s chocolate confectionery in united kingdom report offers a comprehensive guide to the size and shape of the market at a national level it provides the latest retail sales data 2012-2016, allowing you to identify the sectors driving growth.
Strategic management analysis for thorntons essay sample executive summary throughout the years, starting since 1911, thorntons, the uk’s largest manufacturer and retailer of specialist chocolates had followed a strategy of in house manufacture, retailing largely through the company’s own shops, and to a lesser extent, through franchising. 1 introduction this report aims to help thorntons, which is a uk confectionary brand and mainly sells chocolate products, a successful move to the us market and launches of its flagship store there. Italian confectionery giant ferrero group is acquiring thorntons, the uk chocolate manufacturer and retailer, for £1119 million ferrero has made a recommended cash offer of 145p for each thorntons share. The uk confectionery market has been forecast to increase at a compound annual growth rate (cagr) of 216% over the next five years, increasing from a per-capita consumption of over 87kg at the start of 2012, to reach just over 94kg by 2017 according to a recent report, 'the future of the.
Home blog facing challenges in the chocolate and confectionery industry facing challenges in the chocolate and confectionery industry chocolate bars are shrinking in the uk, the weakening of the pound also created obstacles for many chocolate manufacturers. Ferrero is an international confectionery company founded by pietro ferrero jr in 1946, ferrero is a private company the head office for ferrero is located in alba, piedmont, italy. Confectionery in china brief confectionery in china (cn) industry profile offers top-line qualitative and quantitative summary information containing: segment market share, market value (value and volume 2013-17, and estimate to 2022)the report also offers details of the top players, including main business metrics and analysis of the competitive environment within the market. The global confectionery market can be segmented into five categories: chocolate confectionery, sugar confectionery, gum, cereal bars, and others major raw materials used in chocolates are cocoa and sugar, and raw materials used in gum include latex. Confectionery sales in the uk will grow by 86% by 2019, despite more than 60% of brits raising fears about the high levels of sugar in sweets, according to a new report findings from.
Confectionery industry comprises companies that produce, manufacture to distribute and supply to retail and to wholesalers the confectionery products that range from chocolate to non-chocolate candies, in addition they produce products such as savory snacks, nuts, chips, fruit syrups, chewing gums, ice cream and frozen desserts, cookies, cakes, pastries and many other varieties of sweet food. Financial results are presented in euros, many of its other characteristics appear to be similar to the uk confectionery company, thorntons plc some of the drivers affecting y that might be important in the exam are described below. Thorntons strategic analysis essay introduction thorntons is the largest , independent chocolate and confectionery company in the united kingdom, founded by joseph william thornton , in sheffield. The uk confectionery market continues to enjoy a high level of consumer penetration, with nearly nine out of ten adults purchasing chocolate bars or similar products on a regular or semi-regular basis (keynotes, 2011.
Analysis of the uk confectionery industry thorntons
Uk confectionery manufacturer and retailer thorntons has warned that poor trading over the important easter period coupled with the ongoing challenging retail environment will result in profit before tax and additional impairment charges for the year to june 25th 2011 being in the £30m to £45m range, significantly below the £61 million achieved last year. Confectionery industry in the uk contributes a major amount of revenue to the country's economy repeated case studies have revealed that the confectionery industry is ever growing and the demand for creativity and innovation in the products in increasingly demanded by the consumers in the uk market. Everything you need to make the right decisions providing the most comprehensive and up-to-date information and analysis of the chocolate confectionery market, its consumers and the major players who make up that market. Thorntons plc is one of the united kingdom’s leading manufacturers and retailer of specialist chocolates it is a british chocolate company established by joseph william thornton in 1911, the company remains more than 30 percent owned by the thornton family.
- Established in 2007, talkingretailcom brings you the latest news, analysis and information across the uk convenience and independent grocery retail sectors established in 1995, sister publication independent retail news is a monthly magazine for owners of independent convenience stores.
- Chocolate is the largest part of the $345 billion us confectionary industry confectionary products can be roughly described as “candy” or “sweets” - so inclusive of gummies, sugar cookies and even gum.
- The sugar and gum confectionery market falls into decline in 2017 figure 10: uk retail sales of sweets and gum, by value and volume, 2012-22 growth in volume sales of sweets defies the sugar scare.
Figure 2: leading brands’ sales in the uk retail chocolate confectionery market, by value, 2014/15 low-sugar claims growing but niche in npd adspend continues to fall. Ibisworld’s chocolate & confectionery production market research report offers insightful industry analysis and research into the market at the national level ibisworld’s in-depth industry market research is presented in a logical and consistent format. Ferrero, which does not currently manufacture in the uk, said it would keep the thorntons brand and its factory in alfreton, derbyshire the factory employs about 1,500 of thorntons’ 3,500 staff.