UK Retail Futures 2013: Food & Grocery

Introduction

UK Retail Futures 2013: Food & Grocery provides comprehensive insight into sector related issues such as food price inflation, space expansion and the changing patterns of consumer demand. It combines this with a host of economic, social and political factors to derive thorough sector forecasts over the next five years.

Scope

• Market expenditure, inflation and volume growth forecast to 2013 as well as data from the last ten years.
• Comprehensive analysis covering inflation, volume, and sales growth for 15 food & grocery sub categories
• Channels of distribution analysis 2008, 2009 and 2013 covering grocers, the different food specialists and off licences & tobacconists
• Comprehensive analysis of the key issues set to impact the food & grocery market over the next five years

Highlights

Though food & grocery will significantly outperform the wider retail market, the recession is resulting in an unprecedented change in consumer behaviour. The discounters are enjoying impressive growth, while the major grocers focus on enhancing value credentials, leading to what we believe will be long-lasting changes to the grocery market.

Verdict believes two key drivers will inhibit growth in food & grocery over the next five years. Firstly, with consumers more cautious and trading down, value growth will slow. Secondly, grocers will find it tougher to open new stores especially superstores, with space and volume growth easing as a consequence.

Grocers are focusing more effort on developing their own-brand offers, either through lower prices or through the introduction of new ranges to build scale, increase choice, promote value credentials and boost margins. Going forward, we expect grocers' own-brand collections to form the cornerstone of their price agendas.

Reasons to Purchase

• Plan for the future using this report to develop strategies that will enable you to compete effectively against rivals in tougher market conditions.
• Enhance your understanding of key issues, trends, and dynamics in the market, providing a valuable tool to help steer through turbulent times ahead.
• See which core food & grocery categories are expected to outperform over the next five years.