FDBusiness.com

Irish Grocery Market Growth Continues Despite Deflation

 Breaking News
  • Florette Further Expands its UK Business In line with its strategy to be a major player within the UK fresh produce category, Florette UK & Ireland (part of the French Agrial group) has acquired the Wigan site of MyFresh Prepared Produce, a producer of a wide range of salad and vegetable products. MyFresh, Wigan, which employs almost 300 people and was [...]...
  • FrieslandCampina Simplifies its Organisation Royal FrieslandCampina intends to simplify its organizational structure into four to be set up global business groups – Consumer Dairy, Specialised Nutrition, Ingredients and Basic Dairy. A less complex structure will enable FrieslandCampina to more decisively respond to the market developments and to innovate better with respect to strategic priorities. The objective of the new [...]...
  • Heineken’s Acquisition of Punch is Cleared The Competition and Markets Authority (CMA) has accepted proposals by Heineken to resolve concerns over its £402.7 million acquisition of Punch Taverns, one of the UK’s largest leased pub companies, with a portfolio of more than 3,500 pubs nationwide. In June, the CMA said that Heineken’s proposed purchase of part of the Punch Taverns estate [...]...
  • Changing Consumer Tastes Drive Long-term Global Sugar Market Slowdown The consumers’ shift away from sugar consumption is an important driver behind significant changes in the food and beverage industry. These changes will have long-term ramifications, including a likely slowdown in the worldwide sugar market, according to the latest report of Rabobank ‘Sweetness and Lite’. A combination of changing preferences, product reformulations and government pressure have [...]...
  • How is the Rise of E-Commerce Changing the Role of Physical Stores? The rise of the internet has allowed retailers to directly connect with consumers from beyond the physical store revolutionising the competitive space more than ever. The world recently saw the acquisition of Amazon and Whole Foods which sent shock waves through the retail industry. This unforeseen merger has put retailers under pressure more than ever [...]...
  • SPX FLOW Appoints Pierre Sbabo as Vice President, Food and Beverage in EMEA SPX FLOW has announced the appointment of Pierre Sbabo as the Vice President of its Food and Beverage business in EMEA. He comes from a strong background in the water and process technology markets with truly international experience. With a Master’s Degree in Marketing and International Business from ESC Chambery, Sbabo has worked for global leaders [...]...

Irish Grocery Market Growth Continues Despite Deflation

Irish Grocery Market Growth Continues Despite Deflation
June 09
09:41 2017

The latest grocery market share figures from Kantar Worldpanel in Ireland for the 12 weeks ending 21 May 2017 show that the market continues to grow despite continued price deflation. The value of the grocery market has increased by 2.2% during the past quarter compared with last year, making the sector worth €2.37 billion over the 12 weeks – up €50 million on last year.

David Berry, director at Kantar Worldpanel.

David Berry, director at Kantar Worldpanel, explains: “With the average price per pack falling slightly, growth has been driven by households buying extra items, with the average shopping basket increasing in size.  Retailers’ own brands continue to lead the way, growing sales by 3.8% and accounting for 54% of grocery purchasing.”

Among the retailers, SuperValu remains in the top spot with a clear 0.5 percentage point lead over Tesco in second place.  Sales at SuperValu have increased by 1.2% as shoppers added more items to their trolleys, spending an additional €1 on average per trip compared with this time last year.

Edging ahead of Dunnes Stores by 0.1 percentage points, Tesco has moved back into second place during the past quarter for the first time since September 2016, capturing a 22.0% share of the market.  While value sales increased only slightly by 0.3%, volume sales continue to tell a more positive story – up 4.6% year on year as shoppers visit Tesco more regularly.

David Berry continues: “The recent strong performance from Dunnes Stores has continued, with overall sales improving by 4.9% compared with last year.  This is despite the number of consumers visiting Dunnes actually falling – the retailer had 54,000 fewer shoppers during the past 12 weeks.  However this has been offset by an impressive spending increase among remaining customers, with Dunnes shoppers spending 10% more – €47 extra on average – with the grocer during the latest quarter.

“Meanwhile Lidl and Aldi have also enjoyed strong performances during the past 12 weeks.  Growth for Lidl has accelerated to 2.7% with Aldi boosting sales by 4.0%.  Lidl now captures 11.4% of the grocery market, with Aldi just behind with an 11.2% share.  Both retailers have benefited from shoppers visiting them more often, with Lidl seeing almost one additional trip per shopper over the past 12 weeks.”

Grocery market inflation stands at -0.2% for the 12 week period ending 21 May 2017, up slightly from the -0.3% seen last month.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2017drinktec
  • September 13, 2017FI Asia
  • September 19, 2017PROCESS EXPO 2017
  • September 22, 2017Global Summit on Food & Beverages
AEC v1.0.4

The Magazine

F&D Business Preferred Suppliers

Advertisements