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Grocery market value in the United Kingdom (UK) 2004-2020

Published by Daniela Coppola, Jan 28, 2021
How big is the grocery market in the United Kingdom? In 2019, the size of the grocery market was about 192 billion British pounds. The market has been growing since 2004. Between 2013 and 2016 growth slowed down but accelerated again in recent years. The market is estimated to be worth 205 billion pounds in 2020.

Grocery retail channels

It is estimated that that in 2019 Supermarkets will be the largest sales channel for grocery retail with a value of 90 billion pounds. Online channels are expected to amount to 11.6 billion pounds. Weekly online sales for food stores have stagnated from the third quarter of 2018 to the second quarter of 2019 at around 173.5 million pounds per week.

UK grocery market

The five leading companies on the grocery market are Tesco, Sainsbury’s, Asda, Morrisons, and Aldi. It was only the German discounter Aldi that saw rapid growth and has proven to be a significant disruptive force on the market. On average, the monthly UK grocery basket for June 2018 had a value of 85.64 pounds. This constitutes a stagnation since the end of Autumn 2017.

Market value of grocery retail in the United Kingdom (UK) from 2004 to 2020 (in billion GBP)

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Source

Release date

August 2020

Region

United Kingdom

Survey time period

2004 to 2020

Supplementary notes

* Estimate value
Values prior to 2019 have been taken from prior publications of the same source.

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