CIM South West Food Event - Bart Spices Matthew Shaw.ppt
Transcript of CIM South West Food Event - Bart Spices Matthew Shaw.ppt
Bart Spices
INNOVATION
How we address “authenticity”
Matthew Shaw
1
Running Order
Bart Spices Company Introduction
Customer Insight
PositioningPositioning
Direction of Travel
The Future
Summary
3
Bart Spices Company Information
Bart Spices is an independent sustainable company that helps people enjoy good food
Key Points of Interest
Challenger Brand
Category Knowledge
Supply Chain KnowledgeSupply Chain Knowledge
Focus on Retail and Foodservice
Bart Spices Company Information
• 1963 Company founded by Reg and Jo Bartlam
• 1976 Commenced trading with Waitrose, under the Bart Spices brand
1979 M d t f t i th T l M d di t i t f B i t l• 1979 Moved to new factory in the Temple Meads district of Bristol
• 1983 Commenced trading with J Sainsbury under the Bart Spices brand
• 1986 Launched freeze dried Herbs range
• 1990 Launched the J Sainsbury private label herbs and spices product range
• 1992 Bart Spices acquired by WT Foods PLC
• 1992 Launched Bart Spice Pastes range
• 1993 Launched Bart Coconut range
• 1996 Commenced trading with Safeway Bart brand and private label
• 1998 The four jar tray is introduced, enhancing merchandising of the product
• 1998 Launched organic range
• 1999 Gained “Investors in People” accolade
• 2002 Launched Ceramic Mill rangeg
• 2002 WT Foods went from public ownership to private ownership
• 2003 Management Buyout Bart Spices from WT Foods
• 2005 Bart launches UKs First range of Fairtrade Spices
• 2007 Bart secures partnership with Blue Elephant2007 Bart secures partnership with Blue Elephant
• 2009 Bart range of Spices listed in over 250 Sainsburys Local Stores
7
Brands Owned by Bart Spices
High Quality Herbs, Spices andIngredients, at Bart Spices we are dedicated to helping people enjoygood food, we do this by providinggreat ingredients and inspiring
Bart Delicatessen is a vibrant and exciting range of Organic Ingredients that will help you create wonderful food from many world cuisines.
We have journeyed to many lands and traveled many
Hanbury products are unique and are made exclusively from the finest ingredients.
The range includes Flavoured Salts, Flavoured Sugars Vinaigrettes and Rubs Bart Spices
recipes on our website and on jarsWe have journeyed to many lands and traveled many
miles to find and select the best. Sugars, Vinaigrettes and Rubs. Bart Spices
bought Hanbury in 2006.
Brands Managed by Bart SpicesBrands Managed by Bart Spices
Bart are proud to be importing and distributing the Blue Elephant rangeof authentic Royal Thai ingredients.
The world famous restaurant groupwith restaurants in London Paris
Established in 1926, the Veeraswamy Restaurant quickly grew an enviable reputation for serving high quality,
authentic Indian cuisine.
Bart have jointly developed a
The Home of Latin Cooking! The Las Iguanas restaurant chain
has over 20 restaurants throughoutthe UK.
h l d l d with restaurants in London, Paris, Moscow and Bangkok selected
Bart as its UK partner.
Bart have jointly developed a range of pickles and chutneys to add
to the much loved curry pastes.
Bart have jointly developed twofantastic Chilli Sauces and otherproducts are soon to be launched.
Customer Insight
Customers – who?
Our CUSTOMERS are retailers, they need:‐
Sales, Profit, Points of difference, Volume, Margin
Focus on “Trade Marketing”
4 Ps Marketing Mix
Focus is on the retailers that OVER trade on cooking ingredients.
Varying needs of customers.
We market ourselves to Consumers by providing what they need.
Recipes on JarsOver 650 Recipes on our WebsiteInspirationProduct InformationProduct Information
UK Seasonings Market
UK Seasonings Market Observations and Trends
The market for herbs, spices and seasoningsp gc. £200 million in 2008 ‐ source Mintel.
Salt sales continue to decline.
Higher sales of blends for particular ethnic cuisine have been growingHigher sales of blends for particular ethnic cuisine have been growing.
Higher growth rates as people cook at home more
Drivers of growth
UK retail sales of herbs, spices & seasonings £m
g
Healthy Eating
Celebrity chefs
Entertaining at home
Resurgence in home cookingSource: Mintel
12
UK Ethnic Food Market
Total UK ethnic foods market grew by 3.5% in 2006 to £1.38bn at retail
The ethnic foods sector is split into six subsectors.IndianChineseMexican (Latin)ThaiCaribbean and other types of ethnic foods
Growth DriversNew product development (NPD) continues to be the key main driverConsumers want more authenticityConsumer demand for more premium‐range products
Some consolidationIn 2005, for example, Noon Products Ltd, a leading supplier of Asian food, wasIn 2005, for example, Noon Products Ltd, a leading supplier of Asian food, wasacquired by Kerry GroupMay 2007, Associated British Foods PLC acquired the Indian cuisine manufacturerPatak's from the founding Pathak family.RHM PLC, which owns the Sharwood brand, was acquired by Premier Foods PLC..
ForecastForecastFurther growth between 2008 and 2011Further increases in the number of people from overseas settling in the UK
Source: Key Note Market Research
14
How did Bart Spices respond?
INDIAN
BART BRANDIncreased Presence in key Indian Ingredients
Kalonji Black Onion SeedsFenugreek SeedsKashmiri Chillies
RE‐LAUNCHED VEERASWAMYGap in Market for premium authentic Indian RangeVEERASWAMY ‐ Restaurant heritageVEERASWAMY ‐ Restaurant heritageHAND MADE IN KOLKATA
HOW ARE WE DOING?HOW ARE WE DOING?Bart Indian spices increasing in salesVeeraswamy chutneys, pastes and pickles secure national distribution in Waitrose and Independents
16
How did Bart Spices respond?
THAI
BART BRANDIncreased Sales of key Thai IngredientFocus on FREEZE DRIED Thai HerbsLaunched Palm SugarExtended Pack Sizes
PARTNERHSIP WITH BLUE ELEPHANTGap in Market for premium authentic Thai RangeBLUE ELEPHANT ‐ Restaurant heritageBLUE ELEPHANT ‐ Restaurant heritageROYAL THAI CUISINE
HOW ARE WE DOING?HOW ARE WE DOING?Bart Thai spices increasing in salesBlue Elephant range a major success in Waitrose andnationally through independents
18
How did Bart Spices respond?
LATIN
BART BRANDExtended Bart Delicatessen into Peruvian “Aji’s”Launched Bart Delicatessen Recipe Book featuringSouth American cuisines
PARTNERSHIP WITH LAS IGUANASEat Latin Drink LatinFun Lifestyle brand
HOW ARE WE DOING?Bart Delicatessen is the key authentic Spice RangeLas Iguanas gaining in distribution and salesLas Iguanas gaining in distribution and sales
20
Key Learnings
Out of Home brands – COMING HOME
Consumer trendsFlavours, occasions..
Channelswhere are they going to buy
Cost of sale‐ route to marketThe future (Amazon, Ocado?)
Diversity in cuisines will continue
Discussion / Questions?