date:Jul 08, 2014
The UK grocery market is set to be worth 203 billion by 2019 increasing by 16% from its current value of 175 billion, according to the latest forecasts by IGD. Discounters, online and convenience are predicted to account for over 40% of the market in five years.
Discounters are set to double in value over the same period, accounting for one pound in every nine (11%) spent on UK groceries by 2019, up from 6% currently.
Online will be the fastest growing part of the market, more than doubling in