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- (-) July 2024
- (-) July 2022
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The UK food and drink industry has faced multiple challenges in recent years, including COVID-19, cost-of-living, and adverse weather conditions. Wet weather in the UK has resulted in a significant decrease in harvests, particularly for crops like wheat, barley, and oilseed rape.
The UK retail sector is one of the most sophisticated in the world, with the UK retail grocery market valued at $282 billion in June 2022. Discounters remain the fastest growing channel, with online grocery shopping remaining stable after achieving unprecedented growth during the pandemic.