Driving Innovation in the Free-From Bakery Market: Insights from UCB/Livwell
Paddy Cronin, Commercial Director of UCB/Livwell, shares insights into the thriving free-from bakery market with an annual turnover of £200 million and around 7,000 employees. Voted Welsh Business of the Year in 2008, UCB/Livwell leads as the largest supplier in the retail market. With key partnerships with brands like Disney and Nestle, they continually innovate to meet market demands. Despite potential short-term slowdowns, the future holds exciting opportunities for new product development and ingredient innovation, driving quality and responding to consumer needs.
Driving Innovation in the Free-From Bakery Market: Insights from UCB/Livwell
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Presentation Transcript
£200m Annual Turnover Approx 7,000 employees Sites in England, Scotland and Wales Head Office in Cardiff – Voted Welsh Business Of The Year 2008 Licence Partners: Disney, Nestle, Weight Watchers, Thorntons
UCB & YFB = Livwell Largest supplier to the Retail market Approx 80% of FF Bakery Category STRATEGY Continued 1st to market Continued Innovation Replicate Top Selling Bakery
Why Free From? • Young but rapidly developing market • Opportunity to Innovate • Opportunity to “Bring something new” • Crying out for a “Baker”
Crystal Ball Time? • The Future ? • Short term market growth will slow – “Credit Crunch” and “Lifestylers” • Ingredient & process development will lead to continued quality development • FRESH!!!
How Do They Do That? • First to market with: Pitta Breads, Naan Breads, Scones, Pancakes, Jam Doughnuts, etc • We’re Bakers – but learning! • Group Support • Supplier Support • Trial & Error !! • Time and Ingredient investment!!
Mutual Admiration ? • Finsbury & Free From • New Product Development - INNOVATION • Delivering on Market & Consumer needs • Plant & Machinery