Germany Food and Grocery Retail Market Summary, Competitive Analysis and Forecast to 2028
- Pages: 40
- Published: August 2024
- Report Code: MLOHMF25700
Food & Grocery Retail in Germany industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
– The German food & grocery retail market recorded revenues of $327.5 billion in 2023, representing a compound annual growth rate (CAGR) of 2.6% between 2018 and 2023.
– The food segment accounted for the market's largest proportion in 2023, with total revenues of $216.9 billion, equivalent to 66.2% of the market's overall value.
– Rising consumer confidence is a key driver for the food & grocery retail market, as consumers are more willing to spend on higher-quality products that align with their lifestyle and health priorities. According to the Organisation for Economic Co-operation and Development (OECD), the consumer confidence index in Germany reached 98.73 in August 2023, up from 96.57 in August 2022.
Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in Germany
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in Germany
– Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the Germany food & grocery retail market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the Germany food & grocery retail market by value in 2023?- What will be the size of the Germany food & grocery retail market in 2028?
- What factors are affecting the strength of competition in the Germany food & grocery retail market?
- How has the market performed over the last five years?
- Who are the top competitors in Germany's food & grocery retail market?
Companies mentioned
Edeka Zentrale AG & Co KG
REWE Group
Aldi Einkauf GmbH & Co oHG
Schwarz Unternehmenskommunikation GmbH & Co KG
Table of Contents
List of Tables
List of Figures
Pricing
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