MarketLine Blog

Posts tagged to Food retail

Post-Christmas Results: Discounters achieve massive sales growth over the festive period compared to last year

MarketLine

December is the most prolific season in the UK and in many other areas worldwide for retailers and consumers and this is demonstrated by shopping behavior during this time. Retailers are in the process of revealing their Christmas sales over a period where we can compare results to last year, and understand why certain areas have achieved, and why some others have not. For Christmas 2017, discounters have enjoyed great growth, despite consumer spending remaining weak overall. Department stores and luxury food retailers on the other hand, have experienced the… Read more

Rapid growth in Asia-Pacific organic food market set to change global market shares

The global market in organic food expanded between 2012 and 2016 at a compound annual growth rate (CAGR) of 10.9%, and is forecast to accelerate to a value of $187.6 billion by 2021, representing a CAGR of 13.8%, according to research firm MarketLine. The company’s latest report states that the US will remain the largest single market, rising from $44.9 billion in 2016 to $63.4 billion by 2021 at a CAGR of 7.1%, underlining the country’s pivotal role in driving global growth. Christopher Leyman-Nicholls, Analyst for MarketLine, says: “Although the… Read more

Food Waste in the UK: Government and retailers must do more

MarketLine

In recent years, there has been a growing awareness of food waste in the UK and a number of initiatives developed in an attempt to reduce this. Several retailers in the UK have pledged to drive down food waste from stores, while numerous campaigns have aimed to educate individuals and cut the amount of food waste from households. UK charity, Waste & Resources Action Programme (WRAP), has been at the forefront of campaigns. In 2007, WRAP launched its ‘Love Food Hate Waste’ campaign backed by the government. Results from some… Read more

Tesco’s deal with Booker: Attempt to control the UK food supply chain?

MarketLine

The deal, announced in January 2017, grants several benefits to Tesco. It means that the incumbent retailer can expand even faster in the UK food convenience sector, the fastest growing part of the grocery market for a number of years. The merger with Booker will also give the retail giant the access to a new territory – the “out-of-home” eating market, as it will be taking over the supplier to a string of restaurants and cinemas. This is a new area for Tesco, but one that accounts for around a… Read more

Supermarkets facing up to the discounters; Asda left behind?

MarketLine

Supermarkets in the UK have faced a tough marketplace in recent years. The recession, and the accompanying squeeze on incomes, has led to many consumers becoming shrewd in their purchases and increasingly looking to find the cheapest option. This has led to a climate in which discounters, and in particular Aldi and Lidl, have been able to thrive. The impact on the big four supermarkets has been evident. Tesco, Sainsbury’s, Asda, and Morrison’s have all seen sales fall and profits eroded. Asda, Tesco, Sainsbury’s, and Morrison’s all responded to the… Read more

Big retail takes control of Russian food market

MarketLine

The Russian food market is amongst the largest and most populated globally. As the population of 146 million people continues to grow, they are also buying more food. There are a lot of opportunities for further development, especially in the convenience segment, as the grocery retail market is significantly less saturated than in Western Europe. Changes in tastes and technology have opened up the sector to new suppliers and new ideas. However, after almost a decade of double digit growth, this over $300bn market has seen a significant deceleration recently… Read more