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Grocery Retail Market in UK 2024-2028

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    Report

  • 134 Pages
  • June 2024
  • Region: United Kingdom
  • TechNavio
  • ID: 5174419
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The grocery retail market in UK is forecasted to grow by USD 44.8 billion during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the grocery retail market in UK provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid urbanization and rising consumer spending, growing demand for convenient food products, and rising promotions including bundled prices, volume discounts and seasonal sales.

The grocery retail market in UK is segmented as below:

By Product

  • Food and beverages
  • Non food

By Distribution Channel

  • Hypermarkets and supermarkets
  • Convenience stores
  • Discount stores
  • Online
  • Others

By Geographical Landscape

  • Europe
This study identifies the innovative store layouts and offerings to amplify customer experience as one of the prime reasons driving the grocery retail market in UK growth during the next few years. Also, rapid growth in m-commerce sector and increase in demand for private-label brands will lead to sizable demand in the market.

The report on the grocery retail market in UK covers the following areas:

  • Grocery retail market in UK sizing
  • Grocery retail market in UK forecast
  • Grocery retail market in UK industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading grocery retail market in UK vendors that include Amazon.com Inc., B and M Retail Ltd, Carrefour SA, Costco Wholesale Corp., EG Group, EH Booth and Co. Ltd, Farmfoods Ltd., Heron Foods Ltd., HOFER KG, Iceland Foods Ltd., Lidl US LLC, Marks and Spencer Group plc, McCormick and Co. Inc., National Coop Grocers, Ocado Retail Ltd., PROUDFOOT SUPERMARKETS, SPAR (UK) Ltd., Tesco Plc, Waitrose and Partners, and Wm Morrison Supermarkets Ltd. Also, the grocery retail market in UK analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ billion)
Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Chart on UK: Year-over-year growth 2023-2028 (%)
Data Table on UK: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Grocery Retail Market in UK 2018 - 2022
Historic Market Size - Data Table on Grocery Retail Market in UK 2018 - 2022 ($ billion)
4.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Distribution Channel segment analysis 2018 - 2022
Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
6.3 Food and beverages - Market size and forecast 2023-2028
Chart on Food and beverages - Market size and forecast 2023-2028 ($ billion)
Data Table on Food and beverages - Market size and forecast 2023-2028 ($ billion)
Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
6.4 Non food - Market size and forecast 2023-2028
Chart on Non food - Market size and forecast 2023-2028 ($ billion)
Data Table on Non food - Market size and forecast 2023-2028 ($ billion)
Chart on Non food - Year-over-year growth 2023-2028 (%)
Data Table on Non food - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
Market opportunity by Product ($ billion)
Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Distribution Channel
7.1 Market segments
Chart on Distribution Channel - Market share 2023-2028 (%)
Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
7.3 Hypermarkets and supermarkets - Market size and forecast 2023-2028
Chart on Hypermarkets and supermarkets - Market size and forecast 2023-2028 ($ billion)
Data Table on Hypermarkets and supermarkets - Market size and forecast 2023-2028 ($ billion)
Chart on Hypermarkets and supermarkets - Year-over-year growth 2023-2028 (%)
Data Table on Hypermarkets and supermarkets - Year-over-year growth 2023-2028 (%)
7.4 Convenience stores - Market size and forecast 2023-2028
Chart on Convenience stores - Market size and forecast 2023-2028 ($ billion)
Data Table on Convenience stores - Market size and forecast 2023-2028 ($ billion)
Chart on Convenience stores - Year-over-year growth 2023-2028 (%)
Data Table on Convenience stores - Year-over-year growth 2023-2028 (%)
7.5 Discount stores - Market size and forecast 2023-2028
Chart on Discount stores - Market size and forecast 2023-2028 ($ billion)
Data Table on Discount stores - Market size and forecast 2023-2028 ($ billion)
Chart on Discount stores - Year-over-year growth 2023-2028 (%)
Data Table on Discount stores - Year-over-year growth 2023-2028 (%)
7.6 Online - Market size and forecast 2023-2028
Chart on Online - Market size and forecast 2023-2028 ($ billion)
Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Chart on Online - Year-over-year growth 2023-2028 (%)
Data Table on Online - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ billion)
Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ billion)
Data Table on Market opportunity by Distribution Channel ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Amazon.com Inc.
Amazon.com Inc. - Overview
Amazon.com Inc. - Business segments
Amazon.com Inc. - Key news
Amazon.com Inc. - Key offerings
Amazon.com Inc. - Segment focus
11.4 B and M Retail Ltd
B and M Retail Ltd - Overview
B and M Retail Ltd - Product / Service
B and M Retail Ltd - Key offerings
11.5 Costco Wholesale Corp.
Costco Wholesale Corp. - Overview
Costco Wholesale Corp. - Business segments
Costco Wholesale Corp. - Key news
Costco Wholesale Corp. - Key offerings
Costco Wholesale Corp. - Segment focus
11.6 EG Group
EG Group - Overview
EG Group - Product / Service
EG Group - Key offerings
11.7 EH Booth and Co. Ltd.
EH Booth and Co. Ltd. - Overview
EH Booth and Co. Ltd. - Product / Service
EH Booth and Co. Ltd. - Key offerings
11.8 Farmfoods Ltd.
Farmfoods Ltd. - Overview
Farmfoods Ltd. - Product / Service
Farmfoods Ltd. - Key offerings
11.9 HOFER KG
HOFER KG - Overview
HOFER KG - Product / Service
HOFER KG - Key offerings
11.10 Iceland Foods Ltd.
Iceland Foods Ltd. - Overview
Iceland Foods Ltd. - Product / Service
Iceland Foods Ltd. - Key offerings
11.11 Lidl US LLC
Lidl US LLC - Overview
Lidl US LLC - Product / Service
Lidl US LLC - Key offerings
11.12 Marks and Spencer Plc
Marks and Spencer Plc - Overview
Marks and Spencer Plc - Business segments
Marks and Spencer Plc - Key offerings
Marks and Spencer Plc - Segment focus
11.13 National Coop Grocers
National Coop Grocers - Overview
National Coop Grocers - Product / Service
National Coop Grocers - Key offerings
11.14 Ocado Retail Ltd.
Ocado Retail Ltd. - Overview
Ocado Retail Ltd. - Product / Service
Ocado Retail Ltd. - Key offerings
11.15 Tesco Plc
Tesco Plc - Overview
Tesco Plc - Business segments
Tesco Plc - Key news
Tesco Plc - Key offerings
Tesco Plc - Segment focus
11.16 Waitrose Ltd.
Waitrose Ltd. - Overview
Waitrose Ltd. - Product / Service
Waitrose Ltd. - Key offerings
11.17 Wm Morrison Supermarkets Ltd.
Wm Morrison Supermarkets Ltd. - Overview
Wm Morrison Supermarkets Ltd. - Product / Service
Wm Morrison Supermarkets Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 14: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Chart on UK: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on UK: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Grocery Retail Market in UK 2018 - 2022 ($ billion)
Exhibits 18: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Product - Market share 2023-2028 (%)
Exhibits 28: Data Table on Product - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Product
Exhibits 30: Data Table on Comparison by Product
Exhibits 31: Chart on Food and beverages - Market size and forecast 2023-2028 ($ billion)
Exhibits 32: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ billion)
Exhibits 33: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Non food - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Non food - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Non food - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Non food - Year-over-year growth 2023-2028 (%)
Exhibits 39: Market opportunity by Product ($ billion)
Exhibits 40: Data Table on Market opportunity by Product ($ billion)
Exhibits 41: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits 42: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits 43: Chart on Comparison by Distribution Channel
Exhibits 44: Data Table on Comparison by Distribution Channel
Exhibits 45: Chart on Hypermarkets and supermarkets - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Data Table on Hypermarkets and supermarkets - Market size and forecast 2023-2028 ($ billion)
Exhibits 47: Chart on Hypermarkets and supermarkets - Year-over-year growth 2023-2028 (%)
Exhibits 48: Data Table on Hypermarkets and supermarkets - Year-over-year growth 2023-2028 (%)
Exhibits 49: Chart on Convenience stores - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Data Table on Convenience stores - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Chart on Convenience stores - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Convenience stores - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Discount stores - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Data Table on Discount stores - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Chart on Discount stores - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Discount stores - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 62: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 63: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 65: Market opportunity by Distribution Channel ($ billion)
Exhibits 66: Data Table on Market opportunity by Distribution Channel ($ billion)
Exhibits 67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 68: Impact of drivers and challenges in 2023 and 2028
Exhibits 69: Overview on criticality of inputs and factors of differentiation
Exhibits 70: Overview on factors of disruption
Exhibits 71: Impact of key risks on business
Exhibits 72: Companies covered
Exhibits 73: Matrix on companies position and classification
Exhibits 74: Amazon.com Inc. - Overview
Exhibits 75: Amazon.com Inc. - Business segments
Exhibits 76: Amazon.com Inc. - Key news
Exhibits 77: Amazon.com Inc. - Key offerings
Exhibits 78: Amazon.com Inc. - Segment focus
Exhibits 79: B and M Retail Ltd - Overview
Exhibits 80: B and M Retail Ltd - Product / Service
Exhibits 81: B and M Retail Ltd - Key offerings
Exhibits 82: Costco Wholesale Corp. - Overview
Exhibits 83: Costco Wholesale Corp. - Business segments
Exhibits 84: Costco Wholesale Corp. - Key news
Exhibits 85: Costco Wholesale Corp. - Key offerings
Exhibits 86: Costco Wholesale Corp. - Segment focus
Exhibits 87: EG Group - Overview
Exhibits 88: EG Group - Product / Service
Exhibits 89: EG Group - Key offerings
Exhibits 90: EH Booth and Co. Ltd. - Overview
Exhibits 91: EH Booth and Co. Ltd. - Product / Service
Exhibits 92: EH Booth and Co. Ltd. - Key offerings
Exhibits 93: Farmfoods Ltd. - Overview
Exhibits 94: Farmfoods Ltd. - Product / Service
Exhibits 95: Farmfoods Ltd. - Key offerings
Exhibits 96: HOFER KG - Overview
Exhibits 97: HOFER KG - Product / Service
Exhibits 98: HOFER KG - Key offerings
Exhibits 99: Iceland Foods Ltd. - Overview
Exhibits 100: Iceland Foods Ltd. - Product / Service
Exhibits 101: Iceland Foods Ltd. - Key offerings
Exhibits 102: Lidl US LLC - Overview
Exhibits 103: Lidl US LLC - Product / Service
Exhibits 104: Lidl US LLC - Key offerings
Exhibits 105: Marks and Spencer Plc - Overview
Exhibits 106: Marks and Spencer Plc - Business segments
Exhibits 107: Marks and Spencer Plc - Key offerings
Exhibits 108: Marks and Spencer Plc - Segment focus
Exhibits 109: National Coop Grocers - Overview
Exhibits 110: National Coop Grocers - Product / Service
Exhibits 111: National Coop Grocers - Key offerings
Exhibits 112: Ocado Retail Ltd. - Overview
Exhibits 113: Ocado Retail Ltd. - Product / Service
Exhibits 114: Ocado Retail Ltd. - Key offerings
Exhibits 115: Tesco Plc - Overview
Exhibits 116: Tesco Plc - Business segments
Exhibits 117: Tesco Plc - Key news
Exhibits 118: Tesco Plc - Key offerings
Exhibits 119: Tesco Plc - Segment focus
Exhibits 120: Waitrose Ltd. - Overview
Exhibits 121: Waitrose Ltd. - Product / Service
Exhibits 122: Waitrose Ltd. - Key offerings
Exhibits 123: Wm Morrison Supermarkets Ltd. - Overview
Exhibits 124: Wm Morrison Supermarkets Ltd. - Product / Service
Exhibits 125: Wm Morrison Supermarkets Ltd. - Key offerings
Exhibits 126: Inclusions checklist
Exhibits 127: Exclusions checklist
Exhibits 128: Currency conversion rates for US$
Exhibits 129: Research methodology
Exhibits 130: Information sources
Exhibits 131: Data validation
Exhibits 132: Validation techniques employed for market sizing
Exhibits 133: Data synthesis
Exhibits 134: 360 degree market analysis
Exhibits 135: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global grocery retail market in uk: Amazon.com Inc., B and M Retail Ltd, Carrefour SA, Costco Wholesale Corp., EG Group, EH Booth and Co. Ltd, Farmfoods Ltd., Heron Foods Ltd., HOFER KG, Iceland Foods Ltd., Lidl US LLC, Marks and Spencer Group plc, McCormick and Co. Inc., National Coop Grocers, Ocado Retail Ltd., PROUDFOOT SUPERMARKETS, SPAR (UK) Ltd., Tesco Plc, Waitrose and Partners, and Wm Morrison Supermarkets Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is innovative store layouts and offerings to amplify customer experience."

According to the report, one of the major drivers for this market is the rapid urbanization and rising consumer spending.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Amazon.com Inc.
  • B and M Retail Ltd
  • Carrefour SA
  • Costco Wholesale Corp.
  • EG Group
  • EH Booth and Co. Ltd
  • Farmfoods Ltd.
  • Heron Foods Ltd.
  • HOFER KG
  • Iceland Foods Ltd.
  • Lidl US LLC
  • Marks and Spencer Group plc
  • McCormick and Co. Inc.
  • National Coop Grocers
  • Ocado Retail Ltd.
  • PROUDFOOT SUPERMARKETS
  • SPAR (UK) Ltd.
  • Tesco Plc
  • Waitrose and Partners
  • Wm Morrison Supermarkets Ltd.