2023 Britvic Soft Drinks Review Convenience - Flipbook - Page 19
CONVENIENCE CATEGORY OVERVIEW
CONVENIENCE DEEP DIVE
It’s official: soft drinks are the kings of convenience,
having delivered the greatest absolute value growth of
any product category in 2022.1 Soft drinks put an extra
£347.4m1 through the tills of c-store operators, more than
the combined growth of beer, wine, spirits, confectionery,
crisps, snacks and nuts.2 That’s a rise of 14.1%, more
than three times the growth of the overall channel.1
This is against a backdrop of relative calm for the
£45.2bn convenience retail sector 3 following the turmoil
caused by the pandemic (emphasis on relative). While
inflation pushed up prices and fuelled robust turnover
growth for retailers, the channel also saw 0.6% outlet
growth as the post-pandemic property boom gave
operators the opportunity to expand.3
CONVENIENCE DATA TABLES
Soft drinks put an extra
£347.4m
through the tills of
c-store operators1
1 IRI, Convenience Britvic Defined, Soft Drinks Value, 52wks To 01/01/2023 vs. YA
2 NielsenIQ RMS, Bigger Picture Report, Total Impulse, Value Growth YoY, 31/12/2022
3 UK Convenience Market Report, Lumina Intelligence, July 2022 – Channel Forecast 2022
CONVENIENCE CATEGORY OVERVIEW
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