The UK Food & Grocery Market 2018-2023: Sophisticated Approach Propels the Market

Published on : Nov 23, 2018

Albany, New York, November 23, 2018: The UK food and grocery market will witness the surge of online retailers as eminent brands are touted to augment their use of web analytics to enhance and personalize shoppers’ online experience. Besides, alternatives such as click and collect services from locations such as place of work, local c-stores and unattended lockers will bolster the growth of food and grocery market. Enhancing picking, making ordering convenient and quick deliveries have driven the market. These assimilations are according to the report titled “The UK Food and Grocery Market 2018-2023,” which has been recently added to the repository of Market Research Hub.

The UK food & grocery market is estimated to attain USD 150.9 billion in 2018 at a capital growth rate of 15.1% during the assessment period. Discount growth will be the fastest growing channel in terms of cash over the next half a decade. Moreover, better customer facilities, augmentation in principal categories and sophisticated store interiors are set to propel customer engagement and propel the market. Besides, UK’s food and grocery market has been bolstered by the introduction of a technological maverick, Ocado. It has developed Ocado smart platform (OSP) which uses robotic technology to pick and package food through B2C delivery operation.

The UK’s competition watchdog, the Competition and Markets Authority (CMA), has expressed serious concern over the proposed Sainsbury’s Asda merger as it would have repercussions in the competition in 463 places.

The UK Food & Grocery Market 2018-2023: Report Content

The report offers a coherent analysis on the UK food and grocery market for the assessment period. Further, report also delves into the technological advancements which are bringing a paradigm shift in the market. Besides, the report also delves into the drivers, restraints, opportunities and trends in the food and grocery industries in the UK.

The report gives a coherent analysis on the strategies of success, market sizes, forecast up to 2023 along with retailer’s profiles, its market shares, consumer data and future perspective for the sector. Besides, the report focuses on food, tobacco and e-cigarettes, alcoholic drinks, soft drinks, household products and hot drinks.

The report begins with the executive summary which reveals market size in terms of revenue, market value and production. In addition, an exhaustive analysis of the competitive landscape highlights profiles of prominent players in the global market space. Furthermore, the report examines the strategic moves, areas of interest, and recent developments done by eminent players in construction market.

The UK Food & Grocery Market 2018-2023: Research Methodology

A comprehensive research methodology has been embraced with respect to providing a research approach incorporating of secondary and primary research. The insights in the report is the attributed to the in-depth secondary research, primary interviews. Besides, Porter’s Five Force Analysis have been used in this report.

The secondary research incorporates company websites, SEC filings and presentations by investors, industry white paper and statistical database. Whereas, the primary research embodies face to face interviews, phonic interviews and e-mail interaction. To furnish with honest report, expert panel examines the data collected from various sources. Further, the report is framed for an executive-level readers with flawless presentation quality. In addition, consumer data is based on 2018 UK how Britain shops survey using the expertise of 10,000 nationally representative consumers.

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