Food & Grocery Retail in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
- The UK food & grocery retail market recorded revenues of $236.1 billion in 2023, representing a compound annual growth rate (CAGR) of 3.2% between 2018 and 2023.
- The food segment accounted for the market's largest proportion in 2023, with total revenues of $152.3 billion, equivalent to 64.5% of the market's overall value.
- Rising consumer confidence is a key driver for the food & grocery retail market, as consumers are more willing to spend on higher-quality products that align with their lifestyle and health priorities. According to the Organisation for Economic Co-operation and Development (OECD), the consumer confidence index in the UK reached 97.86 in August 2023, up from 92.64 in August 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in the United Kingdom
- Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom food & grocery retail market with five year forecasts
Reasons to Buy
- What was the size of the United Kingdom food & grocery retail market by value in 2023?
- What will be the size of the United Kingdom food & grocery retail market in 2028?
- What factors are affecting the strength of competition in the United Kingdom food & grocery retail market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's food & grocery retail market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Tesco PLC
- Asda Stores Ltd
- Wm Morrison Supermarkets Limited
- J Sainsbury plc
