(Food-Beverage-News.Com, December 18, 2015 ) Food and grocery accounted for 62.6% of total market retail sales in 2014. From EUR122 billion in 2014, the food and grocery retail market is anticipated to grow at a CAGR of 2.59% over the forecast period, to reach EUR138.7 billion by 2019. Consumers are shifting from hypermarkets towards convenience stores and discount supermarkets and are looking to make smaller purchases with frequent store visits, where they have better control over their purchases. In addition, most Spaniards rely on local food shops for purchases.
Key Findings
Consumers are shifting from hypermarkets towards convenience stores and discount supermarkets.
Consumers are looking to make smaller purchases with frequent store visits, where they have better control over their purchases.
Private labels brands are gaining increasing adoption among the Spain consumers.
Sales through online channel are expected to grow at a CAGR of 15.30% during 2014-2019
Food and Grocery Retailing in Spain Market Summary & Forecasts is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2019.
What else does this report offer?
A thorough analysis of consumer trends changing economic and population factors
Both qualitative and quantitative insights and analysis of the shifting food and grocery retail dynamics for drinks, household products, packaged food, tobacco and unpackaged food from 2009 to 2019
Sales of food and grocery products through the following channels from 2009 to 2019: Hypermarkets, supermarkets and hard-discounters; food and drinks specialists; convenience stores (including Independents) and gas stations; cash and carries and warehouse clubs; other general and non-specialist direct retailers; value, variety stores and general merchandise retailers; online; drug stores and health and beauty stores; vending machines; duty free retailers; department stores; other specialist retailers
An overview of key food and grocery retailers operating across Spain and their presence across distribution channels
ReasonsToBuy
Gain a comprehensive knowledge on food and grocery sector in the Spain retail market and develop a competitive advantage from the start of your supply chain
Investigate current and forecast behaviour trends in food and grocery category to identify the best opportunities to exploit
Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior
Understand the fastest growing categories including drinks, household products, packaged food, unpackaged food and tobacco in the market, with insights on performance across key channels from 2009, with forecasts until 2019
Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the food and grocery market
Analysis of key international and domestic players operating in the food and grocery market including store counts and revenues that give you a competitive edge - identify opportunities to improve your market share
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