UK convenience channel to be worth £48.2 billion by 2024

UK convenience channel to be worth £48.2 billion by 2024

New forecasts from IGD reveal that the UK convenience market is set to grow by £6.9bn in the next five years, to reach £48.2bn by 2024. The channel will benefit from lots of new store openings over the period, helping to fuel a compound annual growth rate of 3.1%....
Strong global online grocery growth predicted

Strong global online grocery growth predicted

Ten global online grocery markets including the UK are predicted to experience combined growth of $227bn, at an annual rate of 20%, by 2023, according to new figures unveiled by the Institute of Grocery Distribution (IGD). Looking at the online growth opportunity in...
Grocery market predicted to increase by 15% by 2020

Grocery market predicted to increase by 15% by 2020

The UK food and grocery market is forecast to grow by 15% between now and 2022, according to grocery research organisation IGD. IGD is predicting growth across all the major grocery channels, and forecasting that by 2020, one in every £7 will be spent at a discounter,...