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?
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of leading players?
7.3. What are the strengths of leading players?
7.4. What are the pricing strategies in the market?