Boston, MA -- (SBWIRE) -- 08/20/2012 -- A unique forecasting tool providing dynamic forecasts and analysis of market demand and price pressures. Inflation, volume and value growth are estimated quarterly to Q4 2014 to give market size and trends. This is a sector report covering the UK Food & Grocery market analysed by sub-categories - Food, Soft Drinks, Alcoholic Drinks, Tobacco & Household goods.
- Create long term business plans based on how we forecast key economic metrics will evolve over the next two years
- Plan your pricing strategies by understanding the course inflation will take over the next two years in the food and grocery sector
- Develop decision making based on consumer, economic and sector specific forecasts
- Mitigate against the risk of continued dropping volumes caused by ongoing inflation
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Total retail growth for 2012 is forecast at 0.8% as a deterioration in the wider economy slows retail growth
The food & grocery sector remains one of the key drivers in growth of overall retail. Growth of 3.0% in food & grocery in 2012 is driven primarily by inflation
Volumes drop into negative territory as shoppers decrease their basket size to dial out inflation. There is increased awareness of minimising waste through buying little and often.
Reasons to Get this Report
- When will volumes in the market begin to recover? Will we see further basket size reductions?
- What are the drivers of inflation in the food & grocery sector? Which product categories are hit hardest?
- How can retailers address consumers price sensitivity and fulfill demand for bargain hunting?
- What are the key growth sectors in the market? Which product categories will prove most challenging?
- What impact will the economy have on food & grocery retail and how should I build this into my sales forecasts?
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