Specialist Food and Drink Retailers - UK - March 2019
Covered in this report
The main focus of this report is the specialist food and drink retailers. For the purposes of this Report we define a specialist as a retailer that makes more than 50% of its revenue from a particular product category. Example categories are butchers, bakers, fishmongers, greengrocers, off-licences, delicatessens, health food shops and confectionery shops.
We also include home shopping specialists such as Abel & Cole, Gousto and HelloFresh. This year we have also included country specific food shops, eg Polish or Chinese.
“Specialists have enjoyed two years of growth, helped by high inflation in 2017 and a return to growth in real wages in 2018. However, growth is forecasted to slow in the coming years and cost and convenience continue to be barriers to usage. Therefore it is important that specialists look to other ways to give consumers added value as well as expanding into the food-to-go market which could also help increase the frequency of visits.”
– Sarah Alhadeff, Associate Retail Analyst
This report examines the following issues:
- Catering for the meat-free market
- Demand for on-the-go food options
- In-store events/courses could boost appeal
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