UK Foodservice operators’ sustainability expenditure to rise 7.2% to 2013: Report Buyer
UK foodservice operators expect profitability to increase during 2012–2013 due to the adoption of sustainability practices.
The report Sustainability in the UK Foodservice Operators' Industry 2012-2013 available at Reportbuyer.com says that on average, foodservice operators' sustainability expenditure is expected to rise over the next 12 months by 7.2%. The most important drivers for sustainability include cost savings and operational efficiency, compliance with legislation, and reducing food wastage.
Overall, the report’s survey results show that 15% of respondents expect that adopting sustainability practices will increase the profitability of their company substantially, while 32% of respondents expect a slight increase in profitability and 24% of respondents expect no impact on profitability.
According to the 119 page report, on average, sustainability budgets are expected to increase by 8% for operators with turnover of less than £1 million, while it is expected to increase by 6.8% for operators with turnover of£1 million -GBP9.99 million.
Procuring local food and implementing minimal packaging are considered to be important sustainable procurement standards by foodservice operators in both the profit and cost sector channels.
44 (0) 20 7060 7474
About Report Buyer.
ReportBuyer.com is the independent online store for global business information. The website now lists more than 300,000 company overviews, market research reports, industry studies and business books from over 300 specialist publishers.
54 Maltings Place
169 Tower Bridge Road
t. +44 (0) 20 7060 7474
f. +44 (0) 20 7378 8711