Food-to-go sector to be worth £23.5bn by 2022

By Matt Atherton contact

- Last updated on GMT

The food-to-go sector will increase £6.1bn in value over the next five years, according to IGD
The food-to-go sector will increase £6.1bn in value over the next five years, according to IGD
The UK food-to-go market will be worth £23.5bn by 2022, according to grocery think-tank IGD.

The sector’s value will increase £6.1bn over the next five years, up from £17.4bn this year, IGD said. Food-to-go specialists – including high street baker Greggs and sandwich maker Subway – would see the biggest rise in value (see chart below), after rapid range and innovation development, it added.

IGD senior insight manager Gavin Rothwell said: “Food-to-go specialists are really setting the pace on product innovation and range development, as well as expanding quite rapidly outside London, which is why we’re forecasting them to become the biggest part of the food-to-go market by the end of 2022.

‘Innovative product development’

“We’re seeing some highly innovative product and menu development, much of this inspired by shopper trends towards health and wellness and global flavours and tastes.

“Many operators are looking to tempt shoppers with ranges tailored to different times of day, while also improving the quality of their fresh food and coffee offers.”

Food-to-go specialists would overtake quick-service restaurants as the biggest part of the market by 2022, IGD predicted. But, the quick-service restaurant sector was still expected to grow £900M in value over the next five years.

“Many quick-service restaurant chains are updating their menus and reinventing the in-store experience to bring in more technology, creating a more premium look and feel to appeal to younger consumers,”​ said Rothwell.

“There are also many newer players emerging and expanding across the UK in this segment.”

A growing opportunity

The market segments were expected to cross-over more by 2022, the grocery think-tank said.

Rothwell said: “It’s common for shoppers to visit more than one store to complete their food-to-go shop, especially at breakfast but also throughout the day.

“Suppliers to the food-to-go sector therefore have a great opportunity to work closely with retailers and specialists to create winning ranges that will ultimately meet more shoppers’ needs, making their lives easier.”

Meanwhile, in June, IGD highlighted the opportunity for food manufacturers to exploit the growing demand for food-to-go products​ from millennials.

IGD 2022 food-to-go segment value forecasts

  • Food-to-go specialists – £7.7bn
  • Quick service restaurants – £6.3bn
  • Coffee specialists – £4.2bn
  • Convenience, forecourt and other retailers – £3.6bn
  • Supermarkets and hypermarkets – £1.7bn

Related news

Show more

Related products

show more

Emerging Risks: Preparedness in Food Manufacturing

Emerging Risks: Preparedness in Food Manufacturing

Risk and Resilience | 04-Sep-2017 | Technical / White Paper

This paper argues the need for organisations and value chains in the Food Manufacturing Sector to reconsider how they view risk management and resilience...

7 steps to defend your food business against risk

7 steps to defend your food business against risk

Authenticate IS | 22-May-2017 | Technical / White Paper

The next food industry scare could be just around the corner, is your business ready to defend itself?Given the complex, global nature of today’s supply...

your free 2017 calendar to start planning…

your free 2017 calendar to start planning…

William Reed Business Media | 14-Dec-2016 | Infographic

Food Manufacture Group delivers a highly qualified and established audience within the UK food and beverage manufacturing industry.   Our portfolio - including...

Related suppliers

comments

Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Follow us

Featured Events

View more

Products

View more