In 2021, the size of the UK grocery market stood at around 212 billion British pounds. The market has been steadily growing since 2004 and is estimated to reach over 241 billion British pounds by 2027.
Grocery retail channels
It was estimated that in 2027 supermarkets will be the largest sales channel for grocery retail with a value of almost 97 billion pounds. Online channels are expected to amount to 26.9 billion pounds.
UK grocery market
The five leading companies on the grocery market are Tesco, Sainsbury’s, Asda, Morrisons, and Aldi. It was only the German discounter Aldi that saw rapid growth and has proven to be a significant disruptive force on the market. On average, households in the UK spent 63.7 British pounds on food and non-alcoholic drinks per week in 2020.
Market value of grocery retail in the United Kingdom (UK) from 2004 to 2027
(in billion GBP)
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IGD. (June 20, 2022). Market value of grocery retail in the United Kingdom (UK) from 2004 to 2027 (in billion GBP) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/330171/grocery-retail-market-value-in-the-united-kingdom-uk/
IGD. "Market value of grocery retail in the United Kingdom (UK) from 2004 to 2027 (in billion GBP)." Chart. June 20, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/330171/grocery-retail-market-value-in-the-united-kingdom-uk/
IGD. (2022). Market value of grocery retail in the United Kingdom (UK) from 2004 to 2027 (in billion GBP). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/330171/grocery-retail-market-value-in-the-united-kingdom-uk/
IGD. "Market Value of Grocery Retail in The United Kingdom (Uk) from 2004 to 2027 (in Billion Gbp)." Statista, Statista Inc., 20 Jun 2022, https://www.statista.com/statistics/330171/grocery-retail-market-value-in-the-united-kingdom-uk/
IGD, Market value of grocery retail in the United Kingdom (UK) from 2004 to 2027 (in billion GBP) Statista, https://www.statista.com/statistics/330171/grocery-retail-market-value-in-the-united-kingdom-uk/ (last visited November 22, 2024)
Market value of grocery retail in the United Kingdom (UK) from 2004 to 2027 (in billion GBP) [Graph], IGD, June 20, 2022. [Online]. Available: https://www.statista.com/statistics/330171/grocery-retail-market-value-in-the-united-kingdom-uk/