Branded Cheeses Win In Big Consumer Switch-Over
UK - Big name, branded cheeses are the latest dairy product to enjoy a surge in consumer popularity with increases of more than 15% in the UK in just a year, according to the latest TNS figures supplied through the Milk Development Council (MDC).
13 September 2007
2 minute read
“The cheddar market has grown overall by some 3000 tonnes since July last year – that’s around 25 to 30 million more litres of milk going into cheddar eaten in Great Britain,”
The MDC’s head of market information Huw Thomas
The MDC’s head of market information Huw Thomas says that while it is thought almost 70% of this increase is due to consumers switching from supermarket own-brand and value cheddars, around a third of the growth is down to new sales alone.
“The cheddar market has grown overall by some 3000 tonnes since July last year – that’s around 25 to 30 million more litres of milk going into cheddar eaten in Great Britain,” he says.
“Much of this switch is due to some aggressive marketing, such as multi-buy offers and other promotions, but it could also mean that consumer tastes are changing.”
He cites Dairy Crest’s Cathedral City Extra Mature Cheddar and Wyke Farms Vintage Cheddar as having strong growth, and says it’s the mature, extra mature and vintage brands in general with strong provenance and taste associations that are performing the best.
Additionally, global demand for dairy products, particularly commodity products, is spiralling. The Asian, and in particular Chinese markets, are growing furiously against a background of world shortages.
These effects have combined to give a ‘Milk for Cheese Value Equivalent’ (MCVE) price of 30.70 pence per litre – 11.66 pence per litre more than in August last year.
TheCattleSite News Desk
