Online and discounters to drive 12.5% growth in UK grocery by 2024
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LONDON (Reuters) - Britain's food and grocery industry is forecast to grow by 12.5% to 217.7 billion pounds by 2024, driven by the online and discounter channels, researcher IGD said on Thursday.It said online will be the fastest growing channel, with growth in value of 43.8% to 16.7 billion pounds in the next five years, just ahead of discounters, which are forecast to grow 40.2% to 34.3 billion pounds.IGD said online's market share will increase to 7.7%, while discounters' will rise to..