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Grocery Retail Market in the UK to Grow by USD 56.2 Billion from 2025-2029, Fueled by Urbanization & Consumer Spending, with AI Driving Market Evolution – Technavio

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NEW YORK  , Feb. 7, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The Grocery retail market in UK  size is estimated to grow by USD 56.2 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 3.8%  during the forecast period. Rapid urbanization and rising consumer spending is driving market growth, with a trend towards innovative store layouts and offerings to amplify customer experience. However, threat from counterfeit grocery products  poses a challenge. Key market players include Amazon.com Inc., B and M Retail Ltd, Carrefour SA, Costco Wholesale Corp., EG Group, EH Booth and Co. Ltd, Farmfoods Ltd., Heron Foods Ltd., HOFER KG, Iceland Foods Ltd., Lidl US LLC, Marks and Spencer Group plc, McCormick and Co. Inc., Ocado Retail Ltd., PROUDFOOT SUPERMARKETS, SPAR UK Ltd., Tesco Plc, Waitrose and Partners, and Wm Morrison Supermarkets Ltd..

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Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2022

Segment Covered

Product (Food and beverages and Non food), Distribution Channel (Hypermarkets and supermarkets, Convenience stores, Discount stores, Online, and Others), and Geography (Europe)

Region Covered

UK

Key companies profiled

Amazon.com Inc., B and M Retail Ltd, Carrefour SA, Costco Wholesale Corp., EG Group, EH Booth and Co. Ltd, Farmfoods Ltd., Heron Foods Ltd., HOFER KG, Iceland Foods Ltd., Lidl US LLC, Marks and Spencer Group plc, McCormick and Co. Inc., Ocado Retail Ltd., PROUDFOOT SUPERMARKETS, SPAR UK Ltd., Tesco Plc, Waitrose and Partners, and Wm Morrison Supermarkets Ltd.

Key Market Trends Fueling Growth

The UK grocery retail market is thriving, with retail sales reaching record highs. End consumers drive demand for a wide range of products, including non-food items like clothing and household essentials. Retailers cater to diverse populations in big cities and ethnic markets, offering consumer-oriented features such as quality, variety, convenience, and competitive prices. Online grocery platforms are growing in popularity, providing curbside pickup and home delivery services. Automation, innovative operating models, and AI algorithms enhance efficiency and personalize the customer experience. Urbanization and a growing middle class increase demand for grocery retail, with supermarkets and omnichannel mass merchandisers like Whole Foods leading the way. Supply chain disruptions and shortages can impact sales, making imported products essential. Environmental regulations and blockchain technologies are shaping the future of the industry. Cooking at home remains a trend, driving sales of private label goods and food cupboard staples. 

The UK grocery retail market is experiencing a shift as shoppers combine traditional and online channels for their purchases. This trend puts pressure on distribution channels such as department stores, specialty stores, hypermarkets, and supermarkets. To attract customers, these retailers are focusing on innovative strategies, including the adoption of beacon technologies in department stores. This technology enhances customer interaction and is expected to positively impact the growth of the grocery retail market in the UK during the forecast period. 

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Market Challenges

Grocery retail in the UK faces several challenges in the dynamic retail landscape. Retail sales in this sector continue to grow, driven by end consumers’ demand for quality and variety in non-food products like clothing and household items. Retailers compete with online grocery platforms, requiring innovative operating models, automation, and AI algorithms for personalization and efficiency. Big cities and ethnic markets cater to diverse populations, with immigrants driving demand for consumer-oriented features. Consumer polarization pushes retailers to offer competitive prices, convenience through curbside pickup and home delivery services. Urbanization and a growing middle class increase demand for grocery retail, especially in food cupboard segments. Supply chain disruptions and shortages can impact sales, making importing products crucial. Environmental regulations and urbanization call for blockchain technologies to ensure transparency and traceability. Overall, grocery retailers must adapt to changing consumer behavior, supply chain complexities, and technological advancements to stay competitive.The UK grocery retail market faces a growing challenge from counterfeit goods, particularly in the fast-moving consumer goods (FMCG) sector. Counterfeit products, available both online and offline, are increasingly difficult for consumers to distinguish from genuine items. Major retailers are seeing sales decline due to this influx of fake products, damaging their reputation and that of legitimate manufacturers. Counterfeit brands undercut prices to gain market share, but the quality and durability of their products are inferior. This issue is negatively impacting the grocery retail industry in the UK.

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Segment Overview 

This grocery retail market in UK report extensively covers market segmentation by

ProductFood And BeveragesNon FoodDistribution ChannelHypermarkets And SupermarketsConvenience StoresDiscount StoresOnlineOthersGeographyEurope

1.1 Food and beverages-  The UK grocery retail market’s foods and beverages segment encompasses a diverse range of products, including fruits and vegetables, dairy, frozen foods, meat, baked goods, snacks, canned items, and condiments. Consumers’ preferences lean towards fresh bread, salty snacks, and cereals. This segment has experienced substantial growth due to the increasing popularity of snacks and continuous product innovation. With rising per capita income, there is a noticeable shift towards organic and gluten-free products. Frozen snacks, particularly among teenagers, have seen significant growth. Vendors are continually introducing new flavors and ingredients, focusing on offering healthy and nutritious options for children. For instance, General Mills Inc. Provides Organic Grapes Galore Fruit Juice Pops, certified organic and made from real fruit juice. The dairy product segment comprises milk, milk alternatives, cheese, yogurt, and butter. Plant-based milk beverages have gained significant traction among millennials and lactose-intolerant consumers, driving sales across various demographics. The revenue from dairy products is projected to increase during the forecast period due to the introduction of new and innovative products. The growth in the foods and beverages segment will, in turn, contribute to the expansion of the UK grocery retail market.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 – 2022) 

Research Analysis

The UK grocery retail market is a dynamic and diverse sector, serving end consumers with a wide range of products beyond just food. Retail sales in this industry continue to grow, driven by the convenience and consumer-oriented features offered by retailers. Online grocery platforms have gained significant traction, allowing consumers to order non-food items such as clothing, household items, and even greengrocers’ produce online for delivery or curbside pickup. Big cities and ethnic markets cater to the needs of immigrants and diverse populations, offering a variety of products and cultural specialties. Grocery retailers focus on quality, variety, and competitive pricing, with many investing in private label goods and strengthening their supplier networks to maintain a strong supermarket business. Omnichannel mass merchandisers further blur the lines between grocery and other retail categories, offering consumers a seamless shopping experience across channels. Consumer polarization continues to shape the market, with some opting for cooking at home while others rely on ready meals and takeaways. Overall, the UK grocery retail market remains a vibrant and evolving landscape, responding to the changing needs and preferences of consumers.

Market Research Overview

The Grocery Retail market in the UK is a dynamic and evolving industry, driven by the needs and preferences of end consumers. Retail sales in this sector continue to grow, with both traditional retailers and online grocery platforms vying for market share. Non-food products, including clothing and household items, are increasingly important categories. Urban areas, big cities, ethnic markets, and immigrant communities offer unique opportunities for retailers to cater to diverse consumer needs. Consumer-oriented features such as quality, variety, convenience, and competitive prices remain key drivers. Innovative operating models, automation, and AI are transforming the industry, with curbside pickup, home delivery services, and personalized product recommendations becoming increasingly popular. However, challenges such as supply chain disruptions, shortages, and imported product issues persist. The growing middle class, increasing urbanization, and environmental regulations are also shaping the market. Blockchain technologies are being explored to enhance transparency and traceability in the supply chain. Overall, the UK Grocery Retail market is an exciting and complex ecosystem, requiring continuous adaptation and innovation to meet the evolving needs of consumers.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductFood And BeveragesNon FoodDistribution ChannelHypermarkets And SupermarketsConvenience StoresDiscount StoresOnlineOthersGeographyEurope

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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BinBase Launches 2026 BIN Database Featuring 6-11 Digit Waterfall Lookup for High-Precision Payment Routing

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BinBase introduces its upgraded 2026 BIN Database, offering 3.2M+ card ranges, 29 granular data attributes, and extended 8-11 digit accuracy to eliminate false-positives and optimize routing for global fintechs.

MIAMI, July 21, 2026 /PRNewswire-PRWeb/ — BinBase, a provider of payment intelligence and card issuing data, has announced the official release of its updated 2026 BIN Database. Engineered for payment gateways, acquiring banks, fraud prevention platforms, and e-commerce platforms, the updated dataset solves critical routing inaccuracies caused by the industry-wide shift from legacy 6-digit BINs to extended 8-to-11-digit card ranges.

Relying solely on 6-digit BINs in 2026 means misclassifying card products and losing money on interchange fees. Our 2026 release provides the surgical precision developers need for cost-effective payment routing.

Since ISO/IEC 7812 expanded the standard Bank Identification Number (BIN) length to 8 digits, traditional 6-digit lookup tables have struggled to correctly identify modern card profiles. This leads to false positives, misidentified interchange fees, and failed transactions. BinBase addresses this challenge by introducing a multi-tiered database structure supporting up to 11-digit precision, alongside a recommended “Waterfall Lookup Algorithm.”

To ensure 100% routing and verification accuracy, the Waterfall method executes a descending search sequence: checking 11-digit BIN ranges down through 10, 9, 8, 7, and 6 digits until an exact match is resolved.

Key technical specifications of the 2026 BinBase release include:

Over 3.2 Million Card Ranges: Full global coverage including Visa, Mastercard, Amex, Discover, UnionPay, JCB, and regional networks.Extended Precision: Over 88% of the dataset consists of high-precision ranges (8–11 digits) to accurately isolate sub-brands, currencies, and card tiers.29 Granular Attributes: Beyond core issuer data, the database features advanced parameters including Durbin Regulation status, US Debit/ATM network routing (STAR, NYCE), Fast Funds (Visa Direct / Mastercard MoneySend indicators), commercial Level 2/Level 3 data, and digital wallet token ranges (Apple Pay / Google Pay).

“Modern payment processing requires surgical precision,” said a spokesperson for Damiko Inc. “Relying solely on 6-digit BINs in 2026 means misclassifying card products and losing money on interchange fees. Our 2026 release provides the underlying intelligence developers need to build resilient, cost-effective payment infrastructure.”

Developers and payment teams can evaluate the full 29-field database schema, review integration examples, and download a free 2026 sample dataset on the official GitHub repository.

To learn more about full commercial licensing options, instant CSV downloads, and custom API delivery, visit BinBase.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate fraud.

Media Contact

Fedor Lavrikoff, BinBase, 1 +17866133333, sales@binbase.com, htttps://www.binbase.com 

View original content:https://www.prweb.com/releases/binbase-launches-2026-bin-database-featuring-6-11-digit-waterfall-lookup-for-high-precision-payment-routing-302829291.html

SOURCE BinBase

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Redington Limited and AutomationEdge Announce Strategic Partnership to Accelerate Enterprise Automation and Agentic AI Adoption

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MUMBAI, India, July 22, 2026 /PRNewswire/ — Redington, a leading technology aggregator and innovation catalyst, and AutomationEdge, a leading Agentic Process Automation platform for global enterprises, have announced a strategic partnership to accelerate the adoption of enterprise automation and Agentic AI. The collaboration brings together Redington’s extensive distribution ecosystem and partner network with AutomationEdge’s enterprise-grade Agentic Process Automation platform to enable faster, scalable, and outcome-driven digital transformation for organizations.

As a part of the partnership, AutomationEdge’s portfolio of AI Agents and automation solutions is now available through the Redington AI Exchange Marketplace, enabling partners and customers to easily discover, evaluate, and deploy enterprise-ready AI solutions. This availability significantly reduces the time required to adopt AI-driven automation and provides organizations with access to proven use cases that can deliver measurable business outcomes.

The partnership is focused on delivering solution-led automation offerings that simplify adoption for enterprises and channel partners. By combining Redington’s go-to-market reach with AutomationEdge’s 10x automation capabilities, the two organizations aim to help businesses move from fragmented automation initiatives to enterprise-wide orchestration—driving efficiency, agility, and operational excellence.

Through this collaboration, both companies will jointly promote pre-built automation and AI Agent solutions across key business functions, including banking operations, insurance processes, IT / HR operations, customer service, and finance functions. These solutions include ready-to-deploy workflows, AI Agents, demonstration environments, and implementation frameworks designed to accelerate deployment and reduce complexity.

The partnership will also include joint go-to-market initiatives such as partner enablement programs, co-branded workshops, solution showcases, and proof-of-concept (PoC) engagements. These initiatives are designed to equip Redington partners with the knowledge, tools, and support needed to successfully position, sell, and implement AI-powered automation solutions for enterprise and mid-market customers.

Sayantan Dev, Global Head, Software Solutions Group, Redington, said, “The next phase of AI adoption will be defined by execution. Through the Redington AI Exchange Marketplace, we are bringing together the technologies and ecosystem needed to help partners deliver real business outcomes at scale. AutomationEdge’s Agentic AI and automation capabilities strengthen our ability to enable customers to accelerate AI adoption with greater speed, governance, and confidence.”

Prasad Likhite, Chief Sales Officer of AutomationEdge, said, “We are delighted to strengthen our partnership with Redington and accelerate the adoption of next-generation enterprise automation and Agentic AI solutions across the market. The availability of AutomationEdge AI Agents through the Redington AI Exchange Marketplace marks an important milestone in democratizing AI-led transformation, enabling enterprises to rapidly scale intelligent automation initiatives with speed, agility, and measurable business impact. At the same time, it creates significant opportunities for partners to drive innovation, unlock new revenue streams, and deliver greater value to their customers.”

The collaboration also emphasizes localized support, implementation expertise, and customer success services, ensuring that organizations can seamlessly deploy, manage, and scale automation initiatives. By leveraging Redington’s strong partner ecosystem and AutomationEdge’s deep expertise in automation and Agentic AI, the partnership is well-positioned to address the evolving needs of modern enterprises.

As organizations increasingly prioritize productivity, operational efficiency, and AI-led transformation, this partnership marks a significant step toward making enterprise automation and Agentic AI more accessible, scalable, and impactful across industries.

 About Redington

Redington Limited (NSE: REDINGTON) (BSE: 532805), a leading technology solutions provider, empowers businesses in their digital transformation journeys. Guided by its brand narrative “Unlock Next”, Redington goes beyond distribution to remove barriers, accelerate digital adoption, and unlock access, growth, trust, efficiency, and impact—helping businesses, communities, and societies embrace what’s next in technology

About AutomationEdge

AutomationEdge is a leading Agentic Process Automation platform for global enterprises. Its platform enables organizations to automate complex business processes, deploy AI Agents at scale, improve operational efficiency, and accelerate digital transformation initiatives across industries.

Media Contact:
Rahul Wandile
rahul.wandile@automationedge.com

 

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Applied Intuition Launches Dana, the Agentic Platform for Physical AI

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New platform pairs agentic AI with the tooling, data, infrastructure and domain expertise Applied Intuition has built over nearly a decade to speed the safe development of intelligent machines for the physical world.

Dana is the first agentic platform for building, testing, deploying and operating physical AI systems across industries.Built on nearly a decade of Applied Intuition’s tooling, infrastructure, workflows and engineering expertise, Dana is purpose-built for safety-critical systems operating in the physical world.Dana helps companies build physical AI applications for any industry or use case, from autonomy and software-defined vehicles to fleet operations, robotics, construction, mining and intelligent in-vehicle experiences.Dana has already reduced critical phases of vehicle development from months to days in internal and select customer deployments.

SUNNYVALE, Calif., July 22, 2026 /PRNewswire/ — Applied Intuition, Inc., a leader in physical AI, today announced the launch of Dana, the first agentic platform for building, testing, deploying and operating physical AI systems across industries. Dana combines the power of agentic AI and rapid application development with nearly a decade of Applied Intuition’s tooling, infrastructure and engineering knowledge. The result is a unified system that accelerates the development of intelligent machines in the physical world.

“We believe physical AI will become one of the defining technologies of this century,” said Qasar Younis, co-founder and CEO of Applied Intuition. “Our ambition is to help bring intelligence to a billion machines, and Dana is the platform we built to make that possible.”

Unlike general-purpose AI tools designed primarily for digital workflows, Dana is built for the complexities of machines operating in the physical world. Dana comes with all the platform capabilities needed to build and deploy safety-critical physical AI applications, including data, visualization and tooling, as well as the evaluation, traceability and governance these systems require. The platform was designed to work across industries and with a wide range of use cases, from software-defined vehicle development and advanced driver assistance systems (ADAS) to mining and construction operations, truck fleet management, robotics and intelligent in-vehicle experiences. With Dana, customers can:

Deploy Applied Intuition’s reference applications — spanning autonomy, fleet operations, and more — or build their own.Use both natural language and command-line interfaces to complete complex development tasks more intuitively and accelerate iteration cycles across teams and systems.Integrate the platform with enterprise systems and collaboration tools, like Slack and Jira, helping organizations connect fragmented engineering and operational workflows while embedding agentic capabilities across the development process.

Applied Intuition has used Dana internally since last year, building and delivering solutions on the platform for long-standing customers across automotive, trucking, mining, and agriculture. Dana’s agent-driven workflows have reduced critical phases of vehicle development timelines from months to days in some cases. Applied Intuition has offered limited, early access to select customers, including heavy-equipment manufacturer Komatsu and Isuzu Motors, who is using the platform to accelerate L4 autonomy for its fleet of commercial trucks.

“We’ve been impressed by how Dana can streamline complex engineering workflows and accelerate development,” said Yasuhiro Yazawa, Director, Isuzu Motors Limited, Japan. “Dana gives our engineering teams greater confidence to develop, track and deploy safe autonomous-vehicle capabilities at a much faster pace.”

“Applied Intuition has been a valuable technology partner as we continue advancing the digital capabilities that support the next generation of mining equipment and solutions,” said Peter Salditt, CEO, Komatsu Mining. “Dana represents another step forward, bringing intelligent, agentic capabilities into our engineering workflows to help our teams innovate faster, improve efficiency and ultimately create greater value for our customers’ operations.”

Dana is designed to help companies keep up with the fundamental shift now underway across industries. As autonomous vehicles, robots and industrial systems become more capable, manufacturers need a more integrated way to build, validate and deploy them safely. Dana gives teams a faster path from idea to production, and the confidence to put increasingly intelligent machines into the real world.

The future of AI is physical. Dana was built for it.

To learn more about Dana and Applied Intuition’s physical AI platform, visit AppliedIntuition.com.

About Applied Intuition
Applied Intuition, Inc. is powering the future of physical AI. Founded in 2017 and now valued at $15 billion, the Silicon Valley company is creating the digital infrastructure needed to bring intelligence to every moving machine on the planet. Applied Intuition services the automotive, defense, trucking, construction, mining and agriculture industries in three core areas: tools and infrastructure, operating systems, and autonomy. Eighteen of the top 20 global automakers, as well as the United States military and its allies, trust the company’s solutions to deliver physical intelligence. Applied Intuition is headquartered in Sunnyvale, California, with nearly two dozen offices across the globe, including in London, Munich, Tokyo, Seoul, and the Washington, D.C. metro area. Learn more at applied.co or press@applied.co.

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SOURCE Applied Intuition, Inc.

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