Industry Analysis & Industry Trends
The Ice Cream Production industry has comfortably ridden the waves of economic turbulence despite being faced with many challenges. Ice cream consumption has remained stagnant for over a decade, with growth coming from the impulse, premium and convenience segments. The United Kingdom lags behind other major European countries such as France, Germany, Italy and Spain, thus giving the industry room for innovation and growth. The historical resilience of 'feel good' products such as chocolate and ice cream during times of economic duress boded well for the industry as consumers perceive these products as inexpensive luxuries and indulgences... purchase to read moree
Industry Report - Industry Investment Chapter
Capital intensity is determined by the ratio of capital to labour costs, which is estimated at 4.2:1. This indicates that £4.20 is spent on wages for every pound spent on capital. This is considered to be a medium level of intensity. Businesses within the industry tend to spend more on labour in comparison to expenditure on capital. This varies depending on the type of business. Multinational corporations tend to spend greater amounts on capital and are hence more efficient and productive than smaller businesses. The industry requires more labour than that for related food manufacturing industries due to a more complex sorting and a greater diversity of output... purchase to read more