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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