RESEARCH
WHOLESALE MARKET LUMINA INTELLIGENCE
WHOLESALE GROWTH ‘SUBDUED AS MARKET POLARISES’ NEW RESEARCH SUGGESTS THE UK WHOLESALE MARKET HAS SEEN VERY SUBDUED GROWTH IN 2020 AS COVID-19 HAS LED TO MARKET POLARISATION.
RELIANCE ON DELIVERED WHOLESALE HAS GROWN.
D
espite double digit turnover growth for wholesalers predominantly serving the retail market, the huge declines seen in those servicing the foodservice market have resulted in very ‘subdued’ growth in the overall food and drink wholesaling sector. That’s a key finding of the new UK Wholesale Report 2020 Update from Lumina Intelligence which found that the sector’s growth in 2020 was a modest 2.8% as
22 I SLRMAG.CO.UK / ISSUE 34 / WEDNESDAY 9TH DECEMBER 2020
CO-OP HAS GROWN ITS SHARE OF THE WHOLESALE MARKET.
coronavirus led to significant market polarisation. That’s down considerably on last year’s figure of 4.4% and is remarkable in light of the fact that retail wholesalers have seen record levels of demand. It’s those that serve the
