UK food to go market suffers significant decline in 2020
The UK food to go market suffered a 45.5% decline in 2020 as the Coronavirus pandemic severely restricted travel and movement, the latest data from Lumina Intelligence shows.
According to the new UK Food To Go Market Report 2021, the space is forecast to grow this year as restrictions ease by 31.6% to £15.3bn, which represents 72% of its 2019 value.
Wider recovery and growth will see the segment reaching a value of £22.6bn in 2024, the report adds.
“The sudden shift from a highly transient, on-the-go society, to one with restrictions placed on movement had a significant negative impact on the UK food to go market in 2020, with much trade diverted to other routes to market such as delivery," says Katherine Prowse, insight manager at Lumina Intelligence.