|
|
 |
|
|
|
What is the size of the UK grocery market?
- The grocery market was worth £133.3bn for the calendar year 2007, an increase of 4.0% on 2007
- Groceries account for 12.8% of all household spending, making it the third largest area of expenditure, first is housing and second is transport
- Food and grocery expenditure accounts for 49p in every £1 of retail spending
- 20p in every £1 spent in food & grocery is spent in convenience stores
UK Grocery Market Performance
Source: IGD Research 2007
How many grocery stores are there in the UK?
There are 95,585 grocery stores in the UK. These are split into 4 sectors, which are defined as follows:
- Convenience stores: stores with sales area of less than 3,000 sq ft, open for long hours and selling products from at least 8 different grocery categories, (e.g SPAR, Co-operative Group, Londis).
- Traditional retail and developing convenience stores: sales area of less than 3,000 sq ft such as newsagents, grocers, off-licences, & some forecourts
- Supermarkets & superstores: Supermarkets have a sales area of 3,000-25,000 sq ft selling a broad range of grocery items. Superstores-sales area above 25,000 sq ft, selling a broad range of mainly grocery items, Non-food is also sold (eg Tesco, Asda)
- Alternative channels e.g Kiosks, markets, post offices, doorstep delivery, vending, home-shopping.
How big is each sector?
The chart below shows how many stores are within each sector and how much each sector is worth.
UK Grocery Retailing - Store Numbers & Sector Value
* Adjusted to account for Joint ventures
** Adjusted to May 2008
Source: IGD Research, 2008
|
|
|
|
