A record 26% of UK consumers say they now spend the most with discounters in a typical month. The most significant threat to the leading players in the UK supermarkets industry is consumers switching to shop at the discount retailers Aldi and Lidl. UK Grocery Market Research – Trends and Statistics While value sales will remain positive, volumes will fall as consumers cut back, trade down in ranges or switch to a food discounter retailer. Many of the cost-saving actions taken by consumers should benefit the UK supermarkets industry, where their core trade is less frequent ‘big-basket’ shops and promotions are strongest. UK Supermarkets Industry – Current LandscapeĪs society reopened, a natural rebalancing of in-home demand was expected, but this has been compounded by mounting pressure on household finances.Ĭustomers are already altering their behaviour to save money during the cost-of-living crisis, with some consumers shopping for groceries less frequently. Mintel predicts that the market size of the UK grocery retail market is expected to remain positive through to 2027, growing by 13.7% between 20 to reach £227.3 billion.
Tesco is the leading UK grocery retailer, accounting for over a quarter of all sales within the UK grocery market. Supermarkets, or large-format stores, are estimated to claim around 46.5% of total sales within the UK grocery industry in 2022. What is the market share of the UK grocery industry? The large-format sector remains the dominant channel with UK grocery, but has also faced a ten-year-long decline in sales share due to the growth of discount stores and modernised convenience stores. Naturally, the ‘top-up shops’ declined during the pandemic due to consumers limiting their time spent in crowded stores and a shift to online shopping. This report covers the UK grocery market size, market forecast, market segmentation and UK supermarkets industry trends.įrequently Asked Market Research Questions in the UK Grocery Industry What are the current trends in the UK grocery industry?Īs society reopened in 2022, consumer behaviours have returned to pre-pandemic norms, with a rise in ‘big basket’ and ‘top-up shops’. The UK Supermarkets Market Report identifies consumers’ priorities and shifts in shopping habits due to the rising cost of living, the frequency of grocery shopping, and future innovation among the leading grocery multiples.
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