Claims that the credit crunch is making people turn
their attention to the hard discounters seem to be borne out in the latest
issue of Meat Demand Trends.
The publication from AHDB Meat Services shows Aldi
and Lidl outperformed all other retailers in terms of increased spending on
fresh meat in the 12 weeks ending 10 August 2008 although the discounters'
combined share of the fresh meat market is still only two per cent.
Beef mince, stewing beef and pork chops are the main
cuts sold by discounters. Pork chop sales were up 60 per cent, compared
with a total trade fall of three per cent.
They have a five per cent share of the total food
market but eight per cent of the pork chop market which means they are
over-indexing in pork chops.
This is not the case for beef mince, despite a 41 per
cent increase in sales compared with a year ago, the discounters still only
have a four per cent share of the beef mince market.
The report examines the growth in the number of
discount food stores in the UK over the last six years.
As well as new store openings, the growth in
discounters' grocery sales this year is being generated by more shoppers
spreading their food purchases across several retailers in search of better
bargains. More customers in the higher social groups are shopping in
discount food stores.
Senior Market Analyst Sue Fisher said: "There is
potential for the discounters to increase their fresh meat sales.
"Although Lidl and Aldi are not a threat to the big UK
retailers, they do provide serious competition to the likes of Iceland and
other low-cost multiples."