Friday, January 13, 2006
Olive oil sales boom in UK shops
The amount of money spent on olive oil in the UK has exceeded that spent on all other types of cooking oils for the first time, says market analyst Mintel.
Annual sales have hit £104m, up 39% since 2000, giving the oil a 51% share of the market, it revealed.
Mintel said the oil's association with Mediterranean cooking and the growing popularity of more expensive "premium" products were factors behind the trend.
Meanwhile, sales of lard have fallen by around 35% to £14m since 2000.
Of course, because olive oil is more expensive, it's still being outsold in volume terms by other oils. I'm trying hard to remember the last time I bought vegetable oil. However, the fridge does contain a large tub of beef dripping, which is vital to make really good roast potatoes and is becoming tricky to find.
Technorati tag: Olive Oil
posted by I at 11:18 am
