In nominal terms, the UK grocery market will increase by 9.9% between 2019 and 2022, we predict in our new forecasts. Here are some topline findings to factor into your business plans during this key period of the year:
- Online will be one of the big winners, growing rapidly in 2020 and again in 2022
- Recession will boost growth in discount as more shoppers look to economise
- Growth in the convenience channel will moderate
- Fortunes will be mixed for large stores
UK grocery retail market forecasts
Our forecasts will help you align your business to the future of grocery retail. Use them to inform your channel strategy, map growth scenarios and anticipate shopper behaviour.