UK Grocery Retail Market Size to Worth USD 354 Billion by 2033 | With a 2.10% CAGR

UK Grocery Retail Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 2.10% (2025-2033)

The UK Grocery Retail Market is experiencing steady growth driven by changing consumer preferences, the rise of online shopping, and increasing demand for convenience and healthy food options. The UK grocery retail market size reached USD 294 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 354 Billion by 2033, exhibiting a growth rate (CAGR) of 2.10% during 2025-2033.

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UK Grocery Retail Industry Trends and Drivers:

Current transformations in the UK grocery retail market stem from evolving consumer tastes coupled with advancing technologies along with financial market developments. The growing need for convenience together with rising online shopping popularity has transformed shopping habits for groceries. Major retailers continue to develop their digital platforms so customers can purchase packaged foods through web-based ordering for delivery to residences and pick-up facilities. The COVID-19 pandemic speeded up the adoption of e-commerce because people needed to change their shopping practices. Standard retail stores have introduced new store experience improvements to maintain their customer base as they face competition from online marketplace giants.

Sustainability along with health awareness stand as main drivers that shape what consumers purchase in the UK grocery market. Market demand for organic local products drives retailers to modify their product inventories. More consumers now want to know about both the practices that sustain their products and where these products were sourced because their chosen brands need to maintain values alignment. The retail sector responds through commitment to sustainable approaches that minimize plastic packaging while adding more plant-based products. The competitive market between discount chains and premium supermarkets along with online-only retailers requires grocery stores to stay adaptable toward consumer trends for continued market success.

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UK Grocery Retail Industry Segmentation:

The report has segmented the market into the following categories:

Product Insights:

● Food and Beverages
● Fresh Food
● Packaged Food
● Beverages
● Non-Food Items
● Household Cleaning Products
● Personal Care Products
● Pet Care Products

Distribution Channel Insights:

● Hypermarkets and Supermarkets
● Convenience Stores
● Discount Stores
● Online
● Others

Regional Insights:

● London
● South East
● North West
● East of England
● South West
● Scotland
● West Midlands
● Yorkshire and The Humber
● East Midlands
● Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

● Market Performance (2019-2024)
● Market Outlook (2025-2033)
● COVID-19 Impact on the Market
● Porter's Five Forces Analysis
● Strategic Recommendations
● Historical, Current and Future Market Trends
● Market Drivers and Success Factors
● SWOT Analysis
● Structure of the Market
● Value Chain Analysis
● Comprehensive Mapping of the Competitive Landscape

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Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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This release was published on openPR.