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The UK food & grocery market 2017-2022

07-07-2017 02:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketresearchhub.com

Market Research Hub

Market Research Hub

Market Research Hub (MRH) has recently publicized a new study to its vast repository, which is titled as “The UK food & grocery market 2017-2022”. "The UK food & grocery market 2017-2022" report offers comprehensive insight and analysis of the market, the major players, the main trends, and consumer attitudes. It provides in-depth analysis of the following: the hot issues impacting the market, strategies for success, market sizes and forecasts, retailer profiles, retailer market shares, consumer data and future outlook.

Request For Sample Report@ http://www.marketresearchhub.com/enquiry.php?type=S&repid=1213996

The UK food & grocery market will grow by 19.6% over the next five years. The market will be primarily driven by inflation, owing to the weakening pound which is driving import costs, peaking at 3.2% in 2019. Inflation will be felt across all categories, most notably in tobacco, alcohol, oils/fats, meat/fish and sugar products. Price competition from discounters will go some way to mitigate price rises but will subsequently impact margins.

Scope

- The discounters will add greater pressure on the big four as they widen their presence, especially in regions where they are currently underrepresented.
- Online food & grocery sales are forecast to grow by 43.3% in the five years to 2022, driven by investment in fulfilment capabilities by the market leaders, new entrants and online pureplays.
- Top-up shopping continues to be important for consumers as they opt for smaller, more frequent, food & grocery shopping missions, with 43.5% of food & grocery consumers shopping at least once every few days.

Reasons to buy

- Understand the opportunities in the market by learning who shops for food & grocery, how frequently they shop and what drives their store selection, in order to better resonate with consumers and boost future shopper conversion levels.
- Utilise our five year market forecasts to understand which subcategories are the strongest and fastest performing to ensure more stringent focus and investment in these areas.
- Use our analysis of the key market issues to inform business strategies on food provenance, offsetting inflation, online development, acquisitions and partnerships, and retail park space expansion.
- Use our online market forecasts and online consumer data to identify which consumers to target for online growth, how to build shopper penetration and understand which fulfilment methods to invest in and improve.

Browse Full Report With TOC@ http://www.marketresearchhub.com/report/the-uk-food-and-grocery-market-2017-2022-report.html

About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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