UK Specialist Food and Drink Retailers Market Report 2021
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Providing the most comprehensive and up-to-date information and analysis of the UK Specialist Food and Drink market, including the behaviours, preferences and habits of the consumer.
With the COVID-19 pandemic seeing the closure of most non-essential stores and a huge decline in high street footfall, the specialist food and drink sector saw a 5% fall in sales. While there was a huge rise in online shopping across all sectors, many specialist shops struggled due to their previous lack of online presence. 48% of consumers reported to having cut back on time spent in-store because of the pandemic and fear of contamination.
Despite furlough being extended to September 2021, the economic uncertainty and potential layoffs once lockdowns are lifted could also cause a further decline in the market. However, the rise in online shopping could create market opportunities going forwards, especially for smaller stores who are unable to partner with third party delivery services like Just Eat.
This report outlines the current state of the market as the pandemic lifts, as well as future market opportunities that specialists could use to improve market growth and customer perception. With 28% of shoppers reporting feeling intimidated by their shopping experience, brands could work to improving customer shopping experiences.
Read on to discover more details or take a look at all of our UK Food and UK Drink market research.
Alternatively, take a look at this similar report: UK Supermarkets.
Specialist Retailer Types: Butchers, bakery, health food, greengrocer, farmer’s market, confectionary shops, alcoholic drinks retailers, fishmongers, delicatessens, online food and drink specialists, country or region specific food shops, off-licenses.
Brands and Chains: Greggs, Hotel Chocolat, HelloFresh, Naked, Majestic Wines Retail, Just Eat, BestWay Retail, Holland & Barrett, Direct Wines, Thorntons, The Wine Society, Cook Trading, Graze – Nature Delivered, Krispy Kreme, Abel & Cole, Riverford Organic Vegetables, Sayers the Bakers, G101 Off Sales, Coopland & Son (Scarborough), Gail’s, Virgin Wine Online, Whittard of Chelsea, Greenhalgh’s Craft Bakery, Birds (Derby), Millie’s Cookies (Retail).
Written by Piers Butel, a leading analyst in the Retail sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
Specialist food and drink retailers have enjoyed two years of growth, but rising inflation and successful turnaround strategies implemented by the supermarkets make for a challenging time ahead. Specialists can ensure their appeal extends beyond price by delivering a shopping experience that helps articulate their expertise while highlighting the transparency of their supply chain.
Piers Butel
Retail Analyst
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Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.