The business insurance broker anyalysed more than 40,000 independent retail outlets across and found a 27% increase in independent food merchants year on year across the nation. It suggested the rise of independent food and drink retailers may ‘demonstrate a consumer backlash against national supermarket stalwarts and an increased desire to buy local produce’.
The survey revealed a 31% rise in bakeries across the UK to a 10% increase in wine merchants. Independent butchers are up 9%, delicatessens up 25% and fishmongers are up 28% with supermarkets and general food stores demonstrating the biggest rises at 65% and 32% respectively.
Tap into trends
"The surge in independent food merchants exemplifies the nimble nature of small businesses as their success is often determined by smartly tapping into growing trends at the right time," said Jason Stockwood, CEO of Simply Business.
"We hope these independent food and drink stores will profit from consumers turning their backs on established supermarket chains in favour of their local providers who breath new life into community high streets. Independent businesses are vital to the ongoing growth of the UK economy and our findings reinforce this."