PUBLISHER: GlobalData | PRODUCT CODE: 1617558
PUBLISHER: GlobalData | PRODUCT CODE: 1617558
UK Sector Series: Food & Grocery, 2023-2028
The UK Food & Grocery report offers a comprehensive insight into the Food & Grocery market in the UK, analysing the sector, the major players, the main trends, and consumer attitudes, as well as providing market forecasts out to 2028.
The value of the UK food & grocery sector rose 7.5% in 2023, driven by double-digit food inflation. Volumes declined 7.1% as consumers adjusted their spending in response to rising prices.
The UK tobacco & e-cigarette market is expected to decline at a CAGR of 0.4% between 2023 and 2028, as the influence of legislative changes and growing health consciousness among consumers creates deeper volume declines.
With consumer budgets squeezed, value for money was ranked the most integral driver of purchases in food & grocery among shoppers.
Scope
- The outlook for the food & grocery sector will be softer over the next five years, with the market forecast to increase at a 2.4% CAGR between 2023 and 2028.
- Online food & grocery sales will outpace the offline market in 2024.
- The food market, representing a substantial 65.6% of the total food & grocery sales, is projected to continue its growth trajectory, with a CAGR of 2.9% between 2023 and 2028.
Reasons to Buy
- Using our five year forecasts to 2028, learn which categories in the food & grocery market will be the fastest performing to enable focus and investment in these winning product areas.
- Understand how drivers of food & grocery purchases, such as range, price and quality, vary in importance among different demographics to maximise sales potential.
- Use our in-depth analysis and forecasts to understand the current and future performances of the different channels, including online and offline.
Table of Contents
Table of Contents
Executive summary
- The UK food and grocery sector is set to grow at a slower rate between 2023 and 2028 than during the previous five-year period
- Tobacco & e-cigarette and alcoholic drinks markets to experience declining CAGR growth as consumer preferences shift
- Consumer demand for value for money and convenience-led shopping journeys to drive growth in UK food & grocery market
KEY TRENDS
- Market drivers
- Market inhibitors
- Key Trends: Convenience Store Expansion
- Key Trends: Own Brand Range Expansion
- Key Trends: Online grocery shopping is on the rise
- Key Trends: Grocers expand their selection of world foods
- Strategies for success
MARKET SIZE AND FORECASTS
- Five year growth 2018-2028
- Market size, 2018-2028
- Market Growth Drivers, 2021-2028
CATEGORY PERFORMANCE AND FORECASTS
- Key category trends
- Food & grocery categories
- Market by category %, 2018-2028
- Market by Sub Category, 2023 & 2028
CHANNEL PERFORMANCE AND FORECASTS
- Online market, 2018-2028
- Channel growth, 2018-2028
- Market by channel, 2023 and 2028
- Channel value and forecast, 2023 and 2028
- REVENUE AND MARKET SHARES OF TOP 10 PLAYERS
- Top 10 UK Retailers, 2023
- Market shares of the top 10 retailers
- Top 20 most visited and purchased from retailers for food & grocery, 2024
- Food & grocery competitor overlap, 2024
- COMPETITIVE LANDSCAPE: PROFILES OF LEADING PLAYERS
- Tesco
- Sainsbury's
ASDA
- Waitrose & Partners
- Brands to watch
CONSUMERS
- Key consumer trends
- Food & Grocery penetration and profile, 2024
- Food & Grocery category penetration, 2024
- Food & Grocery channel usage, 2024
- Food & Grocery fulfilment methods, 2024
- Food & Grocery purchase locations, 2024
- Food & Grocery store types, 2024
- Food & Grocery device usage, 2024
- Food & Grocery purchase frequency, 2024
- Food & Grocery consumer drivers, 2024
- Food & Grocery rapid delivery, 2024
- Rapid delivery usage inhibitors, 2024
- Rapid delivery order timing, 2024
- Statements about rapid delivery services, 2024
- High protein food, 2024
- High protein food purchase consideration, 2024
- High protein food purchased, 2024
- High protein food retailers, 2024
- Statements about high protein foods, 2024
- Convenience store penetration, 2024
- Convenience shopping mission, 2024
- Value for money in Food & Grocery Convenience Retailing, 2024
- UK Food & Grocery Purchase Locations, by Retailer, 2024
- Hybrid working pre-pandemic, 2024
- Hybrid working during the pandemic, 2024
- Hybrid working now, 2024
- Hybrid working & purchases, 2024
- Convenience visits during lunch break, pre-pandemic and now, 2024
- Convenience store shopping during workday, 2024
- Grocery store visits after work, pre-pandemic and now, 2024
- Grocery store visits after work, pre-pandemic 2024
- Statements about purchases while hybrid working, 2024
- METHODOLOGY, DEFINITIONS AND CONTACTS
List of Tables
- UK Food & Grocery Market by Sub-Category, 2023 & 2028
- UK Food & Grocery Channel Value & Forecast, 2023 and 2028
- Top 10 UK Food & Grocery Retailers, 2023
- UK Food & Grocery Competitor Overlap, 2024
- UK Food & Grocery Category Penetration by Demographic, 2024
- UK Food & Grocery Channel Usage by Demographic, 2024
- UK Food & Grocery Fulfilment Methods by Demographic, 2024
- UK Food & Grocery Purchase Locations by Demographic, 2024
- UK Food & Grocery Store Types by Demographic, 2024
- UK Food & Grocery Device Usage by Demographic, 2024
- UK Food & Grocery Consumer Drivers by Demographic, 2024
Proportion of consumers who have used a supermarket rapid delivery service
UK Food & Grocery Market GBP m, 2018, 2023, 2028 & CAGR %
UK Food & Grocery Market Value GBP m, 2018-2028
UK Food & Grocery Market Annual Growth %, 2018-2028
UK Food & Grocery Market Growth Drivers, 2021-2028
UK Food & Grocery Categories by Value GBP m, 2023 & 2028
UK Food & Grocery Categories by Value Growth %, CAGR 2023-2028
UK Food & Grocery Market by Category %, 2018, 2023, 2028
UK Food & Grocery Online Market Size GBPm and Online Penetration %, 2018-2028
UK Food & Grocery Channel Growth, 2018-2028
UK Food & Grocery Market by Channel, 2023 and 2028
Market Shares of Top 10 UK Food & Grocery Retailers, 2023, 2023 & 2024e
Top 20 Most Visited Retailers for Food & Grocery %, 2024
Top 20 Most Purchased from Retailers for Food & Grocery %, 2024
Tesco UK Food & Grocery sales GBP mil, 2018-2023, and annual growth %
Tesco UK Food & Grocery market share %, 2018-2024e
Tesco UK Food & Grocery Penetration %, 2024
Sainsbury's UK Food & Grocery sales GBP mil, 2018-2023, and annual growth %
Sainsbury's UK Food & Grocery market share %, 2018-2024e
Sainsbury's UK Food & Grocery Penetration %, 2024
ASDA UK Food & Grocery sales GBP mil, 2018-2023, and annual growth %
ASDA UK Food & Grocery market share %, 2018-2024e
ASDA UK Food & Grocery Penetration %, 2024
Waitrose & Partners UK Food & Grocery sales GBP mil, 2018-2023, and annual growth %
Waitrose & Partners UK Food & Grocery market share %, 2018-2024e
Waitrose & Partners UK Food & Grocery Penetration %, 2024
UK Food & Grocery Penetration %, 2024
UK Food & Grocery Profile %, 2024
UK Food & Grocery Category Penetration %, 2024
UK Food & Grocery Channel Usage %, 2024
UK Food & Grocery Fulfilment Methods %, 2024
UK Food & Grocery Purchase Locations %, 2024
UK Food & Grocery Store Types %, 2024
UK Food & Grocery Device Usage %, 2024
UK Food & Grocery Purchase Frequency, 2024
UK Food & Grocery Consumer Drivers %, 2024
UK Food & Grocery Rapid Delivery Penetration %, 2024
UK Food & Grocery Rapid Delivery Profile %, 2024
Factors that would deter consumers from using rapid delivery services to order food & groceries %, 2024
How long consumers expect their rapid delivery order to take to arrive %, 2024
Agreement and disagreement with statements about rapid delivery services, 2024
Agreement and disagreement with the statement "A poor range of online food & grocery items limits me from buying more via rapid delivery" by age, 2024
Proportion of consumers that would consider buying food items marked as "high protein" %, 2024
Proportion of consumers that would consider buying food items marked as "high protein", by demographic %, 2024
Types of high protein food consumers would purchase %, 2024
Proportion of consumers that have purchased foods marked as high protein in the last 12 months %, 2024
Agreement and disagreement with statements about high protein foods, 2024
Which convenience stores consumers shopped the most at in the last month %, 2024
What was the main purpose of consumer's last visit to a convenience store %, 2024
How consumers rate convenience stores based on value for money %, 2024
Proportion of consumers that shopped at each location type by the retailers purchased from for food & grocery %, 2024
Prior to the pandemic how consumers described their working life %, 2024
Working locations of consumers prior to the pandemic, by gender and age %, 2024
During the pandemic how consumers described their working life %, 2024
Working locations of consumers during the pandemic, by gender and age %, 2024
How consumers described their working life now %, 2024
Working locations of consumers now, by gender and age %, 2024
When and where consumers shopped prior to the pandemic and now %, 2024
Frequency of visits to convenience stores during consumers' lunch break, prior to the pandemic and now %, 2024
Frequency of visits to convenience stores during consumers' lunch break prior to the pandemic, by age and demographic %, 2024
Frequency of visits to convenience stores during consumers' lunch break now, by age and demographic %, 2024
Frequency of visits to grocery stores after work, prior to the pandemic and now %, 2024
Frequency of visits to grocery stores affter work prior to the pandemic, by age and demographic %, 2024
Frequency of visits to grocery stores affter work now, by age and demographic %, 2024
Agreement and disagreement with statements about purchases while hybrid working, 2024
