Average cost of a shopping basket in the United Kingdom (UK) 2023, by supermarket

The average cost of a shopping basket, consisting of 45 branded and own-brand items, was the lowest at the German discounter Aldi, and amounted to 82.03 British pounds as of January 2023. It was 25.67 pounds cheaper than a corresponding range of goods at Waitrose. Below that, the second most expensive basket was the one offered by Ocaco, an online supermarket operating in the UK.

The UK grocery market

In 2021, the entire grocery market of the United Kingdom was worth 211.9 billion British pounds. This figure was forecast to increase to over 241 billion British pounds by 2027.

Grocery stores

Supermarkets are the most profitable store form currently in the UK. Sales generated by supermarkets came to around 91 billion pounds. In comparison, discounters made close to 28 billion in sales, while the online channel accounted for around 22 billion. Sainsbury’s operated 598 supermarkets at the end of the 2021/22 financial year and another 809 convenience stores.