IGD：2026英国食品支出去向：食品通胀、成本与利润率核心发现研究报告（第一部分）（英文版）（34页）.pdf

1、Viewpoint SpecialWhere does your food pound go?Part 1EconomicsMarch 2026Main findings on food inflation,costs and margins IGD 2026IGD Economics|March 2026 Issue 24 Part 1 Viewpoint SpecialIn this report Part 12What is really driving food inflation and what does this mean for profitability,investment

2、 and resilience across the UK food system?In this report:01Key findings02The food inflation challenge03Food inflation facts04Food profitability studyThis Viewpoint examines where the food pound goes,based on nine everyday food products,and why recent food inflation has been predominantly cost-driven

3、 rather than margin-driven.Produced in partnership with Oxford Economics,it explores the pressures facing farmers,processors and retailers,and the extent to which businesses have been able or unable to absorb rising costs*.This report is published in two parts:Part 1 sets out the main findings,placi

4、ng recent food inflation in its wider economic and policy context.It examines the role of government policy,market forces and structural competition,and challenges the assumption that rising food prices necessarily reflect rising profits.Part 2 provides a detailed product-level analysis view of cost

5、s,margins and profitability across the food supply chain for a sample of nine everyday food products,between January 2020 and January 2025.It draws on IGDs industry expertise,multiple data sources and expert interviewsYou will gain:A clear,evidence-based view of what is driving food inflation in the

6、 UK.Insight into profitability and margin pressure across farmers,processors and supermarkets.An understanding of how much cost the food system has absorbed,and where pressures are now becoming unsustainable.Practical implications for investment,resilience and decision-making across the food supply