United Kingdom Food & Drink Q1 2021

United Kingdom Food & Drink Q1 2021

Key View:

We believe that the UK's food and drink sector will continue on a positive growth trajectory, despite a deceleration infood spending growth due to the high base effects in 2020 as consumers shifted their purchasing patterns amid high levels ofuncertainty due to Covid-19. We forecast non-alcoholic drinks spending growth to accelerate, driven by the strong demand forcoffee, tea and hot drinks. Alcoholic drinks consumption growth is projected to pick up in 2021 as household spending returns togrowth. Over the medium term (2021-2024), we forecast food and drinks spending growth to remain positive, supported improvingeconomic growth in 2021, ongoing government stimulus measures, better employment figures and increasing householddisposable incomes.


Key View
SWOT
Industry Forecast
Food
Drink
Industry Risk/Reward Index
NAWE Food & Non-Alcoholic Drinks Risk/Reward Index: Strong Mix Of Low Risk And High Rewards
In Low-Budget Offerings
Market Overview
Food
Drink
Mass Grocery Retail
Competitive Landscape
Company Profile
Asda
Associated British Foods
Diageo
Premier Foods
Sainsbury's
Saputo Dairy UK
Tesco
Unilever
United Kingdom Demographic Outlook
Food & Drink Glossary
Food & Drink Methodology

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