Verdict sector series : Market Size, Share, Trends, Growth and Forecast – Acute Market Reports

FandG spend rose over 2011-16. A return to sustained, albeit minimal volume growth, combined with a rise in inflation is set to create an uplift in growth over 2016-2021. Spend on tobacco is set to be the weakest as consumption continues to fall. Food is set for fairly weak growth as deflation takes time to ease off. Soft drinks and alcoholic drinks are forecast to see the strongest growth due to inflation and innovation

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Key Findings
– Price competition in the Food and Grocery (FandG) sector became even more intense in 2015 leading to inflation falling, with consumers remaining increasingly fickle and shopping around in search of the best value-for-money offerings

– FandG spend has been polarised in recent years, with up market retailers MandS and Waitrose broadly outperforming, alongside discounters Aldi and Lidl. However, 2015 saw the discounters and subsequent wider pricing rivalry squeeze growth of these up market grocers

– Through 2015 and 2016 the Big Four, who lost the most ground to the discounters, have been aggressively fighting back, committing sizeable investments to price competitiveness and, importantly, shifting more towards everyday low prices, with varied success.

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Contact Details:
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Pramod Parmar | Acute Market Reports
Email Id: pramod@acutemarketreports.com
http://www.acutemarketreports.com/