In 2021, the total market value of grocery retailing came to approximately 211.9 billion British pounds (GBP) in the United Kingdom. Of the five major sales channels, supermarkets had the largest share of the market value with 91 billion pounds. Supermarkets had more than twice as big a market value as the convenience channel, the second largest channel. By 2027, the value of grocery retailing is expected to increase to over 241 billion British pounds.
Where UK shoppers buy groceries
Some 88 percent of surveyed grocery shoppers stated that they regularly shopped at supermarkets in the UK. Online retailers ranked in second place, with 27 percent. Market leader Tesco held just over one-quarter of the market share of all grocery stores in Great Britain in September 2022. Together with Sainsbury's, the two retailers had a combined market share of 41.5 percent. Tesco operated roughly 4,050 stores in the United Kingdom and the Republic of Ireland in 2022. With this presence the company regularly reached 56 percent of shoppers according to a recent survey.
