Food & Grocery Retail in the United Kingdom

August 2024 | 46 pages | ID: FA5DC467C236EN
MarketLine

Abstracts

Food & Grocery Retail in the United Kingdom

Summary

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?

Contents

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?

8 COMPANY PROFILES

8.1. Tesco PLC
8.2. Asda Stores Ltd
8.3. Wm Morrison Supermarkets Limited
8.4. J Sainsbury plc

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: United Kingdom food & grocery retail market value: $ million, 2018-23
Table 2: United Kingdom food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: United Kingdom food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: United Kingdom food & grocery retail market geography segmentation: $ million, 2023
Table 5: United Kingdom food & grocery retail market value forecast: $ million, 2023-28
Table 6: Tesco PLC: key facts
Table 7: Tesco PLC: Annual Financial Ratios
Table 8: Tesco PLC: Key Employees
Table 9: Tesco PLC: Key Employees Continued
Table 10: Asda Stores Ltd: key facts
Table 11: Asda Stores Ltd: Key Employees
Table 12: Wm Morrison Supermarkets Limited: key facts
Table 13: Wm Morrison Supermarkets Limited: Key Employees
Table 14: J Sainsbury plc: key facts
Table 15: J Sainsbury plc: Annual Financial Ratios
Table 16: J Sainsbury plc: Key Employees
Table 17: United Kingdom size of population (million), 2019-23
Table 18: United Kingdom real gdp (constant 2010 prices, $ billion), 2019-23
Table 19: United Kingdom gdp (current prices, $ billion), 2019-23
Table 20: United Kingdom inflation, 2019-23
Table 21: United Kingdom consumer price index (absolute), 2019-23
Table 22: United Kingdom exchange rate, 2018-23

List Of Figures

LIST OF FIGURES

Figure 1: United Kingdom food & grocery retail market value: $ million, 2018-23
Figure 2: United Kingdom food & grocery retail market category segmentation: $ million, 2018-2023
Figure 3: United Kingdom food & grocery retail market geography segmentation: % share, by value, 2023
Figure 4: United Kingdom food & grocery retail market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the food & grocery retail market in the United Kingdom, 2023
Figure 6: Drivers of buyer power in the food & grocery retail market in the United Kingdom, 2023
Figure 7: Drivers of supplier power in the food & grocery retail market in the United Kingdom, 2023
Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in the United Kingdom, 2023
Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in the United Kingdom, 2023
Figure 10: Drivers of degree of rivalry in the food & grocery retail market in the United Kingdom, 2023