Supermarkets in the UK - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)| IBISWorld (2024)

Industry Statistics and Trends

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Supermarkets in the UK

Industry Revenue

Total value and annual change from . Includes 5-year outlook.

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Trends and Insights

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Market size is projected to over the next five years.

Trends and Insights

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    Market share concentration for the Supermarkets industry in the UK is , which means the top four companies generate of industry revenue.

    The average concentration in the sector in the United Kingdom is .

    Trends and Insights

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    Supermarkets in the UK

    Products & Services Segmentation

    Industry revenue broken down by key product and services lines.

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    Table of Contents

    About this industry

    Industry definition

    What's included in this industry?

    Companies

    Industry Code

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    Related Industries

    Domestic industries
    Competitors
      Complementors
        International Industries

          Performance

          insights

          charts

          Revenue Highlights

          Trends

            Employment Highlights

            Trends

              Business Highlights

              Trends

                Profit Highlights

                Trends

                  Current Performance

                  Charts
                    Analysis

                    What's driving current industry performance in the Supermarkets in the UK industry?

                    + insights available

                    Outlook

                    Analysis

                    What's driving the Supermarkets in the UK industry outlook?

                    + insights available

                    Volatility

                    Analysis

                    What influences volatility in the Supermarkets in the UK industry?

                    + insights available

                    Charts
                    • Industry Volatility vs. Revenue Growth Matrix

                    Life Cycle

                    Analysis

                    What determines the industry life cycle stage in the Supermarkets in the UK industry?

                    Charts
                    • Industry Life Cycle Matrix

                    + insights available

                    Products and Markets

                    insights

                    charts

                    Highlights

                    Trends

                      Key Takeaways

                      insights available

                      Products and Services

                      Charts
                      • Products and Services Segmentation
                      Analysis

                      How are the Supermarkets in the UK industry's products and services performing?

                      + insights available

                      Analysis

                      What are innovations in the Supermarkets in the UK industry's products and services?

                      + insights available

                      Major Markets

                      Charts
                      • Major Market Segmentation
                      Analysis

                      What influences demand in the Supermarkets in the UK industry?

                      + insights available

                      International Trade

                      Heat maps
                      • Industry Concentration of Imports by Country
                      • Industry Concentration of Exports by Country
                      • Industry Trade Balance by Country
                      Analysis

                      What are the import trends in the Supermarkets in the UK industry?

                      + insights available

                      Analysis

                      What are the export trends in the Supermarkets in the UK industry?

                      + insights available

                      Geographic Breakdown

                      insights

                      charts

                      Key Takeaways

                      insights available

                      Business Locations

                      Heat maps
                      • Share of Total Industry Establishments by Region ()
                      Data Tables
                      • Number of Establishments by Region ()
                      Charts
                      • Share of Establishments vs. Population of Each Region
                      Analysis

                      What regions are businesses in the Supermarkets in the UK industry located?

                      + insights available

                      Competitive Forces

                      insights

                      charts

                      Highlights

                      Trends

                        Key Takeaways

                        insights available

                        Concentration

                        Charts
                        • Combined Market Share of the Four Largest Companies in This Industry ()
                        • Share of Total Enterprises by Employment Size
                        Analysis

                        What impacts market share in the Supermarkets in the UK industry?

                        + insights available

                        Barriers to Entry

                        Charts
                          Analysis

                          What challenges do potential entrants in the Supermarkets in the UK industry?

                          + insights available

                          Substitutes

                          Analysis

                          What are substitutes in the Supermarkets in the UK industry?

                          + insights available

                          Buyer and Supplier Power

                          Charts
                          • Upstream Buyers and Downstream Suppliers in the Supermarkets in the UK industry
                          Analysis

                          What power do buyers and suppliers have over the Supermarkets industry in the UK?

                          + insights available

                          Companies

                          insights

                          charts

                          data table

                          Key Takeaways

                          insights available

                          Market Share

                          Charts

                          Companies

                          Data Tables

                          Top companies by market share:

                          • Market share
                          • Revenue
                          • Profit
                          • Profit Margin

                          Company Snapshots

                          Company details, summary, charts and analysis available for

                          Company Details
                          • Total revenue
                          • Total operating income
                          • Total employees
                          • Industry market share
                          Company Summary
                          • Description
                          • Brands and trading names
                          • Other industries
                          Analysis

                          What's influencing the company's performance?

                          + insights available

                          External Environment

                          insights

                          charts

                          Highlights

                          Trends

                            Key Takeaways

                            insights available

                            External Drivers

                            Charts
                              Analysis

                              What demographic and macroeconomic factors impact the Supermarkets in the UK industry?

                              + insights available

                              Regulation and Policy

                              Analysis

                              What regulations impact the Supermarkets in the UK industry?

                              + insights available

                              Assistance

                              Analysis

                              What assistance is available to the Supermarkets in the UK industry?

                              + insights available

                              Financial Benchmarks

                              insights

                              charts

                              data tables

                              Highlights

                              Trends

                              Key Takeaways

                              insights available

                              Cost Structure

                              Charts
                              • Share of Economy vs. Investment Matrix
                              • Industry Cost Structure Benchmarks:
                                • Marketing
                                • Depreciation
                                • Profit
                                • Purchases
                                • Wages
                                • Rent
                                • Utilities
                                • Other
                              Analysis

                              What trends impact cost in the Supermarkets in the UK industry?

                              + insights available

                              Financial Ratios

                              Charts
                              • 3-4 Industry Multiples (2018-2023)
                              • 15-20 Income Statement Line Items (2018-2023)
                              • 20-30 Balance Sheet Line Items (2018-2023)
                              • 7-10 Liquidity Ratios (2018-2023)
                              • 1-5 Coverage Ratios (2018-2023)
                              • 3-4 Leverage Ratios (2018-2023)
                              • 3-5 Operating Ratios (2018-2023)
                              • 5 Cash Flow and Debt Service Ratios (2018-2023)
                              • 1 Tax Structure Ratio (2018-2023)

                              Key Ratios

                              Data tables
                              • IVA/Revenue ()
                              • Imports/Demand ()
                              • Exports/Revenue ()
                              • Revenue per Employee ()
                              • Wages/Revenue ()
                              • Employees per Establishment ()
                              • Average Wage ()

                              Key Statistics

                              2 data tables

                              Industry Data

                              Data Tables

                              Including values and annual change:

                              • Revenue ()
                              • IVA ()
                              • Establishments ()
                              • Enterprises ()
                              • Employment ()
                              • Exports ()
                              • Imports ()
                              • Wages ()

                              Ready to keep reading?

                              Unlock the full report for instant access to 30+ charts and tables paired with detailed analysis.

                              View purchase options

                              Or contact us for multi-user and corporate license options

                              Frequently Asked Questions

                              What is the market size of the Supermarkets industry in the UK?

                              The market size of the Supermarkets industry in the UK is measured at in .

                              How fast is the Supermarkets in the UK market projected to grow in the future?

                              Over the next five years, the Supermarkets in the UK market is expected to . See purchase options to view the full report and get access to IBISWorld's forecast for the Supermarkets in the UK from up to .

                              What factors are influencing the Supermarkets industry in the UK market trends?

                              Key drivers of the Supermarkets in the UK market include .

                              What are the main product lines for the Supermarkets in the UK market?

                              The Supermarkets in the UK market offers products and services including .

                              Which companies are the largest players in the Supermarkets industry in the UK?

                              Top companies in the Supermarkets industry in the UK, based on the revenue generated within the industry, includes .

                              How many people are employed in the Supermarkets industry in the UK?

                              The Supermarkets industry in the UK has employees in United Kingdom in .

                              How concentrated is the Supermarkets market in the United Kingdom?

                              Market share concentration is for the Supermarkets industry in the UK, with the top four companies generating of market revenue in United Kingdom in . The level of competition is overall, but is highest among smaller industry players.

                              Methodology

                              Where does IBISWorld source its data?

                              IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

                              Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

                              IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

                              To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.

                              Supermarkets in the UK - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)| IBISWorld (2024)

                              FAQs

                              How big is the supermarket industry in the UK? ›

                              In 2022, the market was estimated to have a value of almost 217 billion British pounds, with supermarkets as the dominant store format. While supermarkets are expected to remain as the leading channel, the online market is projected to become increasingly relevant.

                              What is the grocery market forecast for the UK? ›

                              UK Grocery Retail Market Size 2024-2028

                              The UK grocery retail market size is projected to increase by USD 44.8 billion at a CAGR of 3.2% between 2023 and 2028. The market is primarily driven by the diverse needs of consumers.

                              What are the big 4 supermarkets in the UK? ›

                              Grocery sales in the UK are dominated by Tesco, Asda, Sainsburys and Morrisons. These are known as the Big Four supermarkets.

                              What are the big 5 supermarkets in the UK? ›

                              • Tesco. Turnover: €58.13 billion (2022) ...
                              • Sainsbury's. Turnover: €33.79 billion (2021) ...
                              • Asda. Turnover: €23.32 billion (2022) ...
                              • Morrisons. Turnover: €20.98 billion (2022) ...
                              • Aldi. Turnover: €17.8 billion (2022) ...
                              • Co-op. Turnover: €13.11 billion (2022) ...
                              • Lidl. Turnover: €10.6 billion (2022) ...
                              • Waitrose & Partners.
                              Jul 17, 2024

                              What is the market structure of the UK supermarket industry? ›

                              The supermarket industry in the UK can be described as an oligopoly market structure. This is because the industry is dominated by a small number of large firms, such as Tesco, Sainsbury's, Asda, Morrisons, and Aldi, who collectively hold a significant market share.

                              What is the fastest growing supermarket in the UK? ›

                              LONDON, May 2 (Reuters) - Online supermarket Ocado (OCDO. L) , opens new tab, discounter Lidl and upmarket food seller Marks & Spencer (MKS. L) , opens new tab were Britain's fastest growing grocers over the last quarter, industry data showed on Thursday.

                              Is the UK supermarket industry competitive? ›

                              The level of competition is high and increasing in the Supermarkets in the UK industry in United Kingdom.

                              Which supermarket has the biggest market share in the UK? ›

                              Tesco is the largest supermarket chain in the United Kingdom.

                              What is the UK industry forecast? ›

                              The UK economy is expected to continue its recovery after the short recession at the end of 2023, but long-term growth is unlikely to be strong. After a weak 2023, growth for 2024 and 2025 has been revised upwards for the second forecast running, to 0.8% and 1.0% respectively, with 2026 remaining at 1.0%.

                              What does the future hold for the UK grocery sector? ›

                              The future of the sector is one where supermarkets ensure they understand their new generation of customers, following the path of the non-food sector with experiential instore experiences, true multichannel shopping and of course, great value.

                              What is the value of the grocery market in the UK? ›

                              In 2021, the total market value of grocery retailing came to approximately 211.9 billion British pounds (GBP) in the United Kingdom. Of the five major sales channels, supermarkets had the largest share of the market value with 91 billion pounds.

                              What is the most popular supermarket chain in the UK? ›

                              Aldi has been named Britain's favourite supermarket, according to new polling data from YouGov for the three months to June 2024. YouGov's 'Most Popular Supermarket Chains (Q2 2024)' results show that Aldi sits at 78% popularity, with Lidl just behind on the same percentage.

                              What is the largest supermarket in the UK by size? ›

                              The Largest Supermarket in the World

                              One of the world's largest supermarkets, and believed to be the largest shop in England by floor space, is Tesco in Walkden, Greater Manchester, at 185,500 square feet, or 17,230 square metres. Another Tesco, in Warrington, Cheshire is 140,000 square feet, or 13,000 square metres.

                              How many supermarkets are there in the UK? ›

                              There are 32,232 Supermarkets businesses in the UK as of 2023, an increase of 0.9% from 2022.

                              How much is the supermarket industry worth in the UK? ›

                              United Kingdom: grocery retail market value 2020-2027, by channel. In 2021, the total market value of grocery retailing came to approximately 211.9 billion British pounds (GBP) in the United Kingdom. Of the five major sales channels, supermarkets had the largest share of the market value with 91 billion pounds.

                              How big is the food market in the UK? ›

                              1.1 Gross Value Added of the UK Agri-food chain, 2022
                              Sector£ billion
                              Food and Drink Retail£37.7bn
                              Non-Residential Catering£43.4bn
                              Total Food£132.9bn
                              Total Agri-Food£147.8bn
                              3 more rows
                              Aug 5, 2024

                              What are the margins for supermarkets in the UK? ›

                              The CMA points out that operating profits in the retail grocery sector during 2022-23 were down 41.5% on the previous year and that average operating margins in the sector fell from 3.2% to 1.8%. Put another way, for every £100 of sales, the typical supermarket is making a profit of just £1.80.

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