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
Table Of Contents
1 Introduction
1.1 What is this Report About?
2 Executive Summary and Outlook
3 Market Context
3.1 UK's economy takes a deep lurch due to Global recession
3.1.1 UK economy saw a nascent recovery after global financial crisis
3.1.2 Uncertain economic conditions led to a surge in savings rate
3.1.3 Service sector remains the dominant sector for employment
3.1.4 UK's unemployment rate falls to a record low
3.1.5 Inflation rate is down to a decade low
3.1.6 Consumer spending is one of the main drivers for the UK's recovery
3.2 Britain registers a strong population growth in Europe
4 UK Shoppers
4.1 Click-and-collect services gained popularity among UK shoppers
4.2 Online retailing on special days such as Black Friday, Cyber Monday, and Manic Monday have witnessed record-breaking sales
4.3 Price sensitive consumers drive Private-label sales in UK
4.4 Social media effects the purchasing decisions of UK consumers
4.5 Chinese tourists boost retail sales in UK
5 Doing Business in UK
5.1 Summary
5.1.1 Bureaucracy
5.1.2 Business culture
5.1.3 Geography
5.1.4 Infrastructure and logistics
5.2 Taxation in the UK
5.2.1 Corporate tax
5.2.2 Withholding tax
5.3 Trading Hours Law for Retailers
5.4 Data Protection Law requires Organizations to Respond
5.5 Accepting Returns and Giving Refunds: the Law
6 Retail - Product Sectors
6.1 Product Sector Analysis
6.1.1 Food and Grocery
6.2 Food and Grocery Category Overview
6.2.1 Food and Grocery by Channel
6.2.2 Food and Grocery by Category
6.3.1 Drinks
6.3.2 Household Products
6.3.3 Packaged Food
6.3.4 Tobacco
6.3.5 Unpackaged Food
6.4 Major Retailers
7 Appendix
7.1 Definitions
7.2 Summary Methodology
7.2.1 Overview
7.2.2 The triangulated market sizing method
7.2.3 Industry surveys in the creation of retail market data
7.2.4 Quality control and standardized processes
7.3 About Conlumino
7.4 Disclaimer
List Of Tables
Table 1: UK Food and Grocery Retail Sales (GBP mn), by Channel Group, 2009-2014
Table 2: UK Food and Grocery Retail Sales Forecast (GBP mn), by Channel Group, 2014-2019
Table 3: UK Food and Grocery Retail Sales (US$ mn), by Channel Group, 2009-2014
Table 4: UK Food and Grocery Retail Sales Forecast (US$ mn), by Channel Group, 2014-2019
Table 5: UK Food and Grocery Retail Segmentation (% value), by Channel Group, 2009-2019
Table 6: UK Food and Grocery Retail Sales (GBP mn), by Category 2009-2014
Table 7: UK Food and Grocery Retail Sales Forecast (GBP mn), by Category 2014-2019
Table 8: UK) Food and Grocery Retail Sales (US$ mn), by Category, 2009-2014
Table 9: UK Food and Grocery Retail Sales Forecast (GBP mn), by Category 2014-2019
Table 10: UK Food and Grocery Retail Segmentation (% value), by Category, 2009-2019
Table 11: UK Drinks Retail Sales (GBP mn), by Channel Group, 2009-2014
Table 12: UK Drinks Retail Sales Forecast (GBP mn), by Channel Group, 2014-2019
Table 13: UK Drinks Retail Sales (US$ mn), by Channel Group, 2009-2014
Table14: UK Drinks Retail Sales Forecast (US$ mn), by Channel Group, 2014-2019
Table 15: UK Drinks Retail Segmentation, by Channel Group, 2009-2019
Table 16: UK Household Products Retail Sales (GBP mn), by Channel Group, 2009-2014
Table 17: UK Household Products Retail Sales Forecast (GBP mn), by Channel Group, 2014-2019
Table 18: UK Household Products Retail Sales (US$ mn), by Channel Group, 2009-2014
Table 19: UK Household Products Retail Sales Forecast (US$ mn), by Channel Group, 2014-2019
Table 20: UK Household Products Retail Segmentation, by Channel Group, 2009-2019
Table 21: UK Packaged Food Retail Sales (GBP mn), by Channel Group, 2009-2014
Table 22: UK Packaged Food Retail Sales Forecast (GBP mn), by Channel Group, 2014-2019
Table 23: UK Packaged Food Retail Sales (US$ mn), by Channel Group, 2009-2014
Table 24: UK Packaged Food Retail Sales Forecast (US$ mn), by Channel Group, 2014-2019
Table 25: UK Packaged Food Retail Segmentation, by Channel Group, 2009-2019
Table 26: UK Tobacco Retail Sales (GBP mn), by Channel Group, 2009-2014
Table 27: UK Tobacco Retail Sales Forecast (GBP mn), by Channel Group, 2014-2019
Table 28: UK Tobacco Retail Sales (US$ mn), by Channel Group, 2009-2014
Table 29: UK Tobacco Retail Sales Forecast (US$ mn), by Channel Group, 2014-2019
Table 30: UK Tobacco Retail Segmentation, by Channel Group, 2009-2019
Table 31: UK Unpackaged Food Retail Sales (GBP mn), by Channel Group, 2009-2014
Table 32: UK Unpackaged Food Retail Sales Forecast (GBP mn), by Channel Group, 2014-2019
Table 33: UK Unpackaged Food Retail Sales (US$ mn), by Channel Group, 2009-2014
Table 34: UK Unpackaged Food Retail Sales Forecast (US$ mn), by Channel, 2014-2019
Table 35: UK Unpackaged Food Retail Segmentation, by Channel Group, 2009-2019
Table 36: Key Food and Grocery Retailers in the UK
Table 37: UK Exchange Rate GBP-USD (Annual Average), 2009-2014
Table 38: UK Exchange Rate GBP-USD (Annual Average), 2015-2019 Forecasts
Table 39: Conlumino Retail Channel Definitions
Table 40: Conlumino Retail Category Definitions
List Of Figures
Figure 1: GDP Value (US$ billion), 2008-2014E
Figure 2: Growth Rate of GDP (US$ billion, %), 2008-2014E
Figure 3: GDP Value and Growth (GBP billion, %), 2008-2014E
Figure 4: Forecasts for GDP Value and Growth (GBP billion, %), 2014-2019
Figure 5: Gross Domestic Savings Rate (% of Disposable Household Income), 2004-2014
Figure 6: Share of Employment by Sector (%), 2004 and 2014E
Figure 7: Unemployment Rate (%), 2004-2014E
Figure 8: Inflation Rate (%), 2004-2014
Figure 9: Household Consumption Expenditure in UK (GBP billion), 2004 and 2014E
Figure 10: Household Consumption Expenditure of Major Countries (US$ billion), 2014E
Figure 11: Rural and Urban Populations (millions) 2004, 2014, and 2019
Figure 12: Total Population and Growth Rate (Millions, %), 2004-2019
Figure 13: Population Split by Gender (%), 2014 and 2019
Figure 14: Population Split by Age Group (%), 2014 and 2019
Figure 15: Per Capita Spend on Retail (GBP), 2006 and 2014
Figure 16: Per Capita Spend (GBP) and Total Retail Spend by Age Group (%), 2006 and 2014
Figure 17: Click-and-collect services of retailers in the UK
Figure 18: 2014 Black Friday and Cyber Monday E-commerce in the UK 2014
Figure 19: Private label brands account for more than half of the UK grocery sales
Figure 20: 2014 Popular Social Media sites in UK
Figure 21: Chinese visitors in UK
Figure 22: Share of Food and Grocery in Total Retail Sales, 2014 and 2019
Figure 23: Retail Sales Value and Growth (GBP billion, %) of Food and Grocery, 2014-2019
Figure 24: Spend per Head on Food and Grocery, 2014 and 2019
Figure 25: Online Spend in Food and Grocery (GBP billion, %) 2014-2019
Figure 26: Online Share of total Food and Grocery Spend, 2014 and 2019
Figure 27: Spending per Channel in Food and Grocery (%), 2014 and 2019
Figure 28: UK Food and Grocery Retail Sales and Forecast (GBP mn), by Channel Group, 2009-2019
Figure 29: UK Food and Grocery Retail Market Dynamics, by Channel Group, 2009-2019
Figure 30: UK Food and Grocery Retail Sales and Forecast (GBP mn), by Category 2009-2019
Figure 31: UK Food and Grocery Retail Market Dynamics, by Category 2009-2019
Figure 32: UK Drinks Retail Sales and Forecast (GBP mn), by Channel Group, 2009-2019
Figure 33: UK Household Products Retail Sales and Forecast (GBP mn), by Channel Group, 2009-2019
Figure 34: UK Packaged Food Retail Sales and Forecast (GBP mn), by Channel Group, 2009-2019
Figure 35: UK Tobacco Retail Sales and Forecast (GBP mn), by Channel Group, 2009-2019
Figure 36: UK Unpackaged Food Retail Sales and Forecast (GBP mn), by Channel Group, 2009-2019
Figure 37: The Triangulated Market Sizing Methodology
