This statistic shows the total annual value of the grocery retail market in the United Kingdom from 2007, with a forecast up to 2017. In 2012, the UK grocery market was valued at 163.2 billion British pounds. This is forecast to grow annually, with a total market value of 192.6 billion by 2017.
The term grocery means all shopping for food that is normally non perishable, with original grocery shops being small. This has changed over recent times, where grocers may now even have a butcher of baker on premises. Some of the largest grocers in the United Kingdom are now Tesco and Sainsbury's, however they can also be named supermarkets.
Both Morrison's and Tesco are seen by the public to be the
best grocer's in the United Kingdom (UK) with 14 percent of the market seeing both as leading players.
In terms of actual market share, Tesco's is the leading grocer, with a share of 19 percent of the market.
Shopping online for groceries is also seeing an increase. with 6 percent of the market using this source instead of going to their local market.