Food and Grocery Retailing in the UK - Market Summary and Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2019
LONDON, Nov. 10, 2015 /PRNewswire/ --
Summary
Food and grocery is by far the largest product category, accounting for a majority of the total retail sales in 2014. Consumers in the UK have showed a preference for private label products in the recent past as they cut back on their spending, influenced by the European crisis and recession. Consumers have benefited from falling food prices as the price of fuel continues to fall, lowering the transport cost of commodities in 2014. The online channel is expected to enjoy a healthy growth throughout the forecast period
Key Findings
- Food and grocery is expected to grow at a CAGR of 2.4% over the next five years
- Consumers preference for private label continues in spite of gradual recovery in the economy
- A significant share of the market will be controlled by hypermarkets, supermarkets, hard-discounters, and convenience stores in the forecast period
- In 2014, Package food leads the market as the largest product sold
- Drinks segment is expected to be the most promising market during the forecast period, with a CAGR of 3.9% over the next five years.
Synopsis
"Food and Grocery Retailing in the UK - Market Summary and Forecasts" is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2019.
What else does this report offer?
- A thorough analysis of consumer trends changing economic and population factors
- Both qualitative and quantitative insights and analysis of the shifting food and grocery retail dynamics for drinks, household products, packaged food, tobacco and unpackaged food from 2009 to 2019
- Sales of food and grocery products through the following channels from 2009 to 2019: Hypermarkets, supermarkets and hard-discounters; food and drinks specialists; convenience stores (including Independents) and gas stations; cash and carries and warehouse clubs; other general and non-specialist direct retailers; value, variety stores and general merchandise retailers; online; drug stores and health and beauty stores; vending machines; duty free retailers; department stores; other specialist retailers
- An overview of key food and grocery retailers operating across the UK and their presence across distribution channels
Reasons To Buy
- Gain a comprehensive knowledge on food and grocery sector in the UK's retail market and develop a competitive advantage from the start of your supply chain
- Investigate current and forecast behaviour trends in food and grocery category to identify the best opportunities to exploit
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior
- Understand the fastest growing categories including drinks, household products, packaged food, unpackaged food and tobacco in the market, with insights on performance across key channels from 2009, with forecasts until 2019
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the food and grocery market
- Analysis of key international and domestic players operating in the food and grocery market - including store counts and revenues that give you a competitive edge - identify opportunities to improve your market share
Download the full report: https://www.reportbuyer.com/product/3248779/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
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