What is the “smart” grocery shopper doing?
International food and grocery expert IGD has published a definitive analysis of UK shoppers’ response to the credit crunch, confirming that food shoppers are economising on their food shop and spending more time bargain hunting, but believe this is not the same as down-trading.
The ‘Adapting to Change’ report also discovered that shoppers have been more willing to buy healthy and ethically-focused foods where they see genuine value.
“With the surge in interest in the provenance and ethics of food which has occurred since the last major downturn, it seems that shoppers are scrutinising value, but they are not compromising their values,” said IGD chief executive Joanne Denney-Finch.
“Overall, more than half of shoppers say they have been economising over the past six months and yet only one in ten feels they have compromised on quality. By comparison, one in five feel they have improved their food experience – smart shoppers are putting in more effort to maintain the quality of what they eat,” Ms Denney-Finch added.
The report – based on a survey of just over 1,000 shoppers revealed that, over the last six months:
* One in five (21%) shoppers say they are walking to the shops more often
* One in four (25%) is spending more time over their shopping trips
* More than one in four (27%) claim to be shopping around more
Diet and shopping basket
The report found that the contents of the shopping basket have been altered in response to economic turbulence.
* One in five shoppers (19%) say they are buying more low-priced own-label products
* One in five shoppers (20%) is choosing prepared food less often
* A similar number (19%) is opting for more fresh or chilled food
The last six months have seen 22% of shoppers buying more foods for health benefits seemingly at the expense of treats, with about one-fifth reporting they had cut back on ‘treats’. Overall, 32% of shoppers have eaten more fruit and vegetables than six months ago, and a fifth ate more fish.
The interest in ethical products has gone up despite the credit crunch, with 17% of shoppers claiming they bought more Fairtrade products than six months ago and 22% of shoppers buying more products that promise high animal welfare standards.
The report established that shoppers are exhibiting a greater desire to grow, prepare or cook food for themselves.
* One in ten shoppers (10%) say they have started growing their own fruit or vegetables at home over the last six months
* 18% are making lunch at home to take to work more often
* 22% of shoppers are planning meals more carefully, and 19% are cooking smaller meals
The report also revealed a number of shoppers were responding to conditions by working longer hours, buying second-hand goods, car sharing and baking their own bread.
“Economising is not the same as downtrading. In recent years shoppers’ engagement with food has been transformed and they are still investing in brands or ranges which reinforce their values at the right price and finding a way to get what they want without compromising standards,” Ms Denney- Finch concluded.
Australian dairy ingredient processor, Burra Foods, has sold a 79 per cent stake in its business to ...
Carlton United Breweries (CUB) has won back the right to import Corona and Stella Artois beer into A...
A group of scientists are warning that bananas could become a delicacy within ten years unless a sol...
New Zealand dairy company, Fonterra, has announced its 2016 financial year results, reporting turnar...
New research from the University of Otago in New Zealand suggests that people managing type 2 diabet...
Chinese online retailing giant, Alibaba, has opened an office in Melbourne.
Malaysian stevia sweetener producer, PureCircle, says its revenue for the 2017 financial year will b...
Global wine production has sunk to its lowest level in 60 years according to the latest figures rele...