(Food-Beverage-News.Com, March 29, 2018 ) 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.
Some of the prominent players in the global market for Food and Grocery Retailing are: Tesco The Co-Operative Food Costcutter Sainsbury’s Nisa Lidl Morrisons Aldi Asda Waitrose
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
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
