Nuts and seeds inflation in the UK stood at -0.020% in April 2023, according to GlobalData’s report on the prices of stock keeping units (SKUs) supplied through online retailers. In Q2 2023, GlobalData monitored the pricing of 290 nuts and seeds SKUs from companies such as Holland & Barrett, Tesco and KP that were sold by e-retailers. Buy the report here.

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Pricing is crucial, especially in a challenging economic climate, as competitive pricing and price leadership impact consumers’ choices. GlobalData’s pricing analysis reveals that Holland And Barrett offered lowest prices of the total SKUs within the nuts and seeds category from April through June 2023, followed by Tesco and Ocado. According to the analysis, the price range of $5 and below was the most competitive, with 222 SKUs.

The chart below illustrates price leadership among the covered retailers which offer the highest number of low-priced products in the category. Of all retailers, Holland And Barrett had greatest share of lowest prices for individual SKUs in nuts and seeds in the UK in Q2 2023.

Analysis of the quarterly price data showed that Harvey Nicols offered the highest number of SKUs on discount among the listed SKUs for each retailer. Among variants, the tracker revealed roasted & salted; pistachio and dry roasted; peanut as the most popular (by number of SKUs) nuts and seeds variants. These were priced 8.55% higher than the average price of a nuts and seeds SKU.

Among the e-retailers tracked by GlobalData, the leading ones, based on the number of SKUs, were Holland And Barrett, Tesco, Ocado, Bestway and ASDA. According to the analysis, OnlineMeatShop had the lowest average unit price, while the retailer with the widest product assortment was Holland And Barrett.

The report brings attention to the intricate pricing dynamics within the nuts and seeds market, examining both the SKU and retailer levels, and offering invaluable insights for stakeholders. Notably, Holland And Barrett, Tesco and Ocado stood out as prominent e-retailers, providing competitive pricing for a substantial number of nuts and seeds SKUs. However, to comprehensively grasp nuts and seeds market in the UK, continuous tracking of SKU pricing over time is necessary.

For a more detailed analysis of pricing trends in the the UK nuts and seeds market, buy the report here.

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