《Industry Report - Food Retail in the United Kingdom.pdf》由会员分享，可在线阅读，更多相关《Industry Report - Food Retail in the United Kingdom.pdf（41页珍藏版）》请在三一文库上搜索。
1、 Datamonitor USA 245 Fifth Avenue 4th Floor New York, NY 10016 USA t: +1 212 686 7400 f: +1 212 686 2626 e: Datamonitor Europe 119 Farringdon Road London EC1R 3DA United Kingdom t: +44 20 7551 9000 f: +44 20 7675 7500 e: Datamonitor Middle East and North America Datamonitor PO Box 24893 Dubai, UA
2、E t: +49 69 9754 4517 f: +49 69 9754 4900 e: datamonitormena Datamonitor Asia Pacific Level 46, 2 Park Street Sydney, NSW 2000 Australia t: +61 2 8705 6900 f: +61 2 8705 6901 e: United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photoco
3、pied Page 1 INDUSTRY PROFILE Food Retail in the United Kingdom Reference Code: 0183-2058 Publication Date: June 2010 EXECUTIVE SUMMARY United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 2 EXECUTIVE SUMMARY Market value Th
4、e United Kingdom food retail industry grew by 3.1% in 2009 to reach a value of $186.1 billion. Market value forecast In 2014, the United Kingdom food retail industry is forecast to have a value of $219.4 billion, an increase of 17.9% since 2009. Market segmentation I Hypermarkets, supermarkets, and
5、discounters sales proved the most lucrative for the UK food retail industry in 2009, with total revenues of $114.1 billion, equivalent to 61.3% of the industrys overall value. Market segmentation II The United Kingdom accounts for 11.2% of the European food retail industry value. Market rivalry The
6、industry is becoming consolidated with large chain supermarkets or hypermarkets wielding more power over smaller specialty, luxury or organic food outlets. CONTENTS United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 3 TAB
7、LE OF CONTENTS EXECUTIVE SUMMARY 2 MARKET OVERVIEW 7 Market definition 7 Research highlights 8 Market analysis 9 MARKET VALUE 10 MARKET SEGMENTATION I 11 MARKET SEGMENTATION II 12 FIVE FORCES ANALYSIS 13 Summary 13 Buyer power 15 Supplier power 17 New entrants 18 Substitutes 19 Rivalry 20 LEADING CO
8、MPANIES 21 Tesco PLC 21 J Sainsbury plc 25 Asda Stores Limited 29 Wm Morrison Supermarkets Plc 32 MARKET FORECASTS 35 Market value forecast 35 MACROECONOMIC INDICATORS 36 APPENDIX 38 Methodology 38 Industry associations 39 Related Datamonitor research 39 Disclaimer 40 CONTENTS United Kingdom - Food
9、Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 4 ABOUT DATAMONITOR 41 Premium Reports 41 Summary Reports 41 Datamonitor consulting 41 CONTENTS United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product
10、and is not to be photocopied Page 5 LIST OF TABLES Table 1: United Kingdom food retail industry value: $ billion, 200509(e) 10 Table 2: United Kingdom food retail industry segmentation I:% share, by value, 2009(e) 11 Table 3: United Kingdom food retail industry segmentation II: % share, by value, 20
11、09(e) 12 Table 4: Tesco PLC: key facts 21 Table 5: Tesco PLC: key financials ($) 22 Table 6: Tesco PLC: key financials () 22 Table 7: Tesco PLC: key financial ratios 23 Table 8: J Sainsbury plc: key facts 25 Table 9: J Sainsbury plc: key financials ($) 26 Table 10: J Sainsbury plc: key financials ()
12、 26 Table 11: J Sainsbury plc: key financial ratios 27 Table 12: Asda Stores Limited: key facts 29 Table 13: Asda Stores Limited: key financials ($) 30 Table 14: Asda Stores Limited: key financial ratios 30 Table 15: Wm Morrison Supermarkets Plc: key facts 32 Table 16: Wm Morrison Supermarkets Plc:
13、key financials ($) 33 Table 17: Wm Morrison Supermarkets Plc: key financials () 33 Table 18: Wm Morrison Supermarkets Plc: key financial ratios 33 Table 19: United Kingdom food retail industry value forecast: $ billion, 200914 35 Table 20: United Kingdom size of population (million), 200509 36 Table
14、 21: United Kingdom gdp (constant 2000 prices, $ billion), 200509 36 Table 22: United Kingdom gdp (current prices, $ billion), 200509 36 Table 23: United Kingdom inflation, 200509 37 Table 24: United Kingdom consumer price index (absolute), 200509 37 Table 25: United Kingdom exchange rate, 200509 37
15、 CONTENTS United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 6 LIST OF FIGURES Figure 1: United Kingdom food retail industry value: $ billion, 200509(e) 10 Figure 2: United Kingdom food retail industry segmentation I:% sh
16、are, by value, 2009(e) 11 Figure 3: United Kingdom food retail industry segmentation II: % share, by value, 2009(e) 12 Figure 4: Forces driving competition in the food retail industry in the United Kingdom, 2009 13 Figure 5: Drivers of buyer power in the food retail industry in the United Kingdom, 2
17、009 15 Figure 6: Drivers of supplier power in the food retail industry in the United Kingdom, 2009 17 Figure 7: Factors influencing the likelihood of new entrants in the food retail industry in the United Kingdom, 2009 18 Figure 8: Factors influencing the threat of substitutes in the food retail ind
18、ustry in the United Kingdom, 2009 19 Figure 9: Drivers of degree of rivalry in the food retail industry in the United Kingdom, 2009 20 Figure 10: Tesco PLC: revenues pizzas, pies, salad, cakes, British and continental foods and light snacks; fine and traditional wines, spirits and ales; and fruits,
19、vegetables, fresh- flowers, shrubs and plants. The company also offers petrol filling stations, dry cleaning and photo processing services. The company offers 18,000 product lines in a typical store, 32% of which are its own-brand labels. Some of Morrisons own label products include “The Best“ brand
20、 (offering a choice of meals made from the finest ingredients); “Eat Smart“ (a range of calorie, fat, sugar and salt controlled meals, specifically designed to help maintain a controlled diet); “Organic“ (selection of organic products such as eggs, cheese, potatoes, mushrooms, tea bags and muesli);
21、“Free From“ (offers a range of alternative branded products to customers who have allergies or special dietary requirements); “Complexions“ (a range of cosmetics products) and so on. Morrison manages its commercial operations through its wholly owned subsidiaries including: Bos Brothers Fruit and Ve
22、getables BV, Farmers Boy, Farock Insurance Company, Neerock, Wm Morrison Produce, Safeway, Rathbone Kear, Safeway Overseas and Safeway Stores. Key Metrics The company recorded revenues of $22,644 million in the fiscal year ending January 2009, an increase of 12.0% compared to fiscal 2008. Its net in
23、come was $717 million in fiscal 2009, compared to a net income of $863 million in the preceding year. LEADING COMPANIES United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 33 Table 16: Wm Morrison Supermarkets Plc: key fin
24、ancials ($) $ million 2005200620072008 2009 Revenues 18,865.618,882.819,423.620,213.8 22,643.7 Net income (loss) 163.7(389.7)386.5863.5 717.0 Total assets 12,003.011,602.411,488.611,901.7 12,821.3 Total liabilities 5,759.15,915.05,367.95,078.0 5,776.3 Employees 95,34093,04184,65383,736 89,855 Source
25、: company filings D A T A M O N I T O R Table 17: Wm Morrison Supermarkets Plc: key financials () million 2005200620072008 2009 Revenues 12,104.012,115.012,462.012,969.0 14,528.0 Net income (loss) 105.0(250.0)248.0554.0 460.0 Total assets 7,701.07,444.07,371.07,636.0 8,226.0 Total liabilities 3,695.
26、03,795.03,444.03,258.0 3,706.0 Source: company filings D A T A M O N I T O R Table 18: Wm Morrison Supermarkets Plc: key financial ratios Ratio 2005200620072008 2009 Profit margin 0.9%(2.1%)2.0%4.3% 3.2% Revenue growth 144.8%0.1%2.9%4.1% 12.0% Asset growth 245.2%(3.3%)(1.0%)3.6% 7.7% Liabilities gro
27、wth 338.3%2.7%(9.2%)(5.4%) 13.8% Debt/asset ratio 48.0%51.0%46.7%42.7% 45.1% Return on assets 2.1%(3.3%)3.3%7.4% 5.8% Revenue per employee $197,877$202,951$229,450$241,400 $252,003 Profit per employee $1,717($4,188)$4,566$10,312 $7,979 Source: company filings D A T A M O N I T O R LEADING COMPANIES
28、United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 34 Figure 16: Wm Morrison Supermarkets Plc: revenues & profitability Source: company filings D A T A M O N I T O R Figure 17: Wm Morrison Supermarkets Plc: assets & liabi
29、lities Source: company filings D A T A M O N I T O R MARKET FORECASTS United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 35 MARKET FORECASTS Market value forecast In 2014, the United Kingdom food retail industry is foreca
30、st to have a value of $219.4 billion, an increase of 17.9% since 2009. The compound annual growth rate of the industry in the period 200914 is predicted to be 3.4%. Table 19: United Kingdom food retail industry value forecast: $ billion, 200914 Year $ billion billion billion % Growth 2009 186.1119.4
31、133.8 3.1% 2010 193.0123.8138.8 3.7% 2011 199.4127.9143.4 3.3% 2012 205.9132.1148.1 3.3% 2013 213.0136.6153.2 3.4% 2014 219.4140.8157.8 3.0% CAGR: 200914 3.4% Source: Datamonitor D A T A M O N I T O R Figure 18: United Kingdom food retail industry value forecast: $ billion, 200914 Source: Datamonito
32、r D A T A M O N I T O R MACROECONOMIC INDICATORS United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 36 MACROECONOMIC INDICATORS Table 20: United Kingdom size of population (million), 200509 Year Population (million) % Gro
33、wth 2005 60.40.3% 2006 60.60.3% 2007 60.80.3% 2008 60.90.3% 2009(e) 61.1 0.3% Source: Datamonitor D A T A M O N I T O R Table 21: United Kingdom gdp (constant 2000 prices, $ billion), 200509 Year Constant 2000 Prices, $ billion % Growth 2005 1,668.62.0% 2006 1,716.12.8% 2007 1,764.02.8% 2008 1,776.7
34、0.7% 2009(e) 1,696.2 (4.5%) Source: Datamonitor D A T A M O N I T O R Table 22: United Kingdom gdp (current prices, $ billion), 200509 Year Current Prices, $ billion % Growth 2005 2,282.93.6% 2006 2,450.67.3% 2007 2,802.814.4% 2008 2,739.2(2.3%) 2009(e) 2,255.2 (17.7%) Source: Datamonitor D A T A M
35、O N I T O R MACROECONOMIC INDICATORS United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 37 Table 23: United Kingdom inflation, 200509 Year Inflation Rate (%) 2005 2.8% 2006 3.2% 2007 4.3% 2008 3.7% 2009(e) 2.2% Source: Da
36、tamonitor D A T A M O N I T O R Table 24: United Kingdom consumer price index (absolute), 200509 Year Consumer Price Index (2000 = 100) % Growth 2005 112.72.8% 2006 116.33.2% 2007 121.34.3% 2008 125.83.7% 2009(e) 128.6 2.2% Source: Datamonitor D A T A M O N I T O R Table 25: United Kingdom exchange
37、rate, 200509 Year Exchange rate ($/) Exchange rate (/) 2005 0.55000.6837 2006 0.54350.6820 2007 0.49990.6840 2008 0.54490.7973 2009 0.6416 0.8921 Source: Datamonitor D A T A M O N I T O R APPENDIX United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is
38、not to be photocopied Page 38 APPENDIX Methodology Datamonitor Industry Profiles draw on extensive primary and secondary research, all aggregated, analyzed, cross-checked and presented in a consistent and accessible style. Review of in-house databases Created using 250,000+ industry interviews and c
39、onsumer surveys and supported by analysis from industry experts using highly complex modeling & forecasting tools, Datamonitors in-house databases provide the foundation for all related industry profiles Preparatory research We also maintain extensive in-house databases of news, analyst commentary,
40、company profiles and macroeconomic & demographic information, which enable our researchers to build an accurate market overview Definitions Market definitions are standardized to allow comparison from country to country. The parameters of each definition are carefully reviewed at the start of the re
41、search process to ensure they match the requirements of both the market and our clients Extensive secondary research activities ensure we are always fully up-to-date with the latest industry events and trends Datamonitor aggregates and analyzes a number of secondary information sources, including: -
42、 National/Governmental statistics - International data (official international sources) - National and International trade associations - Broker and analyst reports - Company Annual Reports - Business information libraries and databases Modeling & forecasting tools Datamonitor has developed powerful
43、 tools that allow quantitative and qualitative data to be combined with related macroeconomic and demographic drivers to create market models and forecasts, which can then be refined according to specific competitive, regulatory and demand-related factors Continuous quality control ensures that our
44、processes and profiles remain focused, accurate and up-to-date APPENDIX United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 39 Industry associations Global Food Marketing Institute 655 15th Street, NW, Washington DC, 20005
45、 Tel.: 001 202 452 8444 Fax: 001 202 429 4519 www.fmi.org/ CIES The Food Business Forum 7, rue de Madrid 75008 Paris FRANCE Tel.: 0033 1 4469 8484 Fax: 0033 1 4469 9939 British Retail Consortium Second Floor 21 Dartmouth Street London SW1H 9BP Tel.: 0044 20 7854 8900 Fax: 0044 20 7854 8901 www.brc.
46、org.uk Food and Drink Federation FDF 6 Catherine Street, London WC2B 5JJ Tel.: 0044 20 7836 2460 Fax: 0044 20 7836 0580 www.fdf.org.uk Related Datamonitor research Industry Profile Global Food Retail Food Retail in Europe Food Retail in Asia-Pacific Food Retail in France APPENDIX United Kingdom - Fo
47、od Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed product and is not to be photocopied Page 40 Disclaimer All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying,
48、 recording or otherwise, without the prior permission of the publisher, Datamonitor plc. The facts of this report are believed to be correct at the time of publication but cannot be guaranteed. Please note that the findings, conclusions and recommendations that Datamonitor delivers will be based on
49、information gathered in good faith from both primary and secondary sources, whose accuracy we are not always in a position to guarantee. As such Datamonitor can accept no liability whatever for actions taken based on any information that may subsequently prove to be incorrect. ABOUT DATAMONITOR United Kingdom - Food Retail 0183 - 2058 - 2009 Datamonitor. This profile is a licensed