Portugal: Food & Grocery - Market Shares, Summary & Forecasts to 2023

Portugal: Food & Grocery - Market Shares, Summary & Forecasts to 2023

Summary:

“Portugal:Food & Grocery - Market Shares Summary Forecasts to 2023” provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Portugal retail environment. In addition, it analyzes the key consumer trends influencing Portugal food & grocery industry

Food & grocery sector grew 2.9% in 2019 to reach €28.8 billion. Sales are majorly driven by positive economic growth and promotional discounts offered by retailers. Hypermarkets, supermarkets and hard discounters dominate and held more than 50% share in 2018.
What else does this report offer?

• In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
• The report also details major retailers in food & grocery category group with their product proposition analysis and market positioning in 2018 along with recent key developments
• Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
• Retail sales and the fastest-growing product categories in food & grocery sector
• Qualitative and quantitative insights of changing retail dynamics in food and grocery sector

Scope:

• Positive economic growth & rising consumer disposable incomes drive growth
• Hypermarkets and supermarkets continue to dominate the sector due to convenience
• Online registers improved growth over the forecast period driven by retailer investment, however penetration remains low
• Pingo Doce dominates but share is under pressure despite new stores openings
• BP registered the fastest growth driven by new store openings

Reasons to buy:

• Gain a comprehensive knowledge on food and grocery sector in the Portugal retail market and develop a competitive advantage from the start of your supply chain
• Investigate current and forecast behavior trends in food and grocery category to identify the best opportunities to exploit
• Analysis of key international and domestic players operating in the food and grocery market
• 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
• Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
• Analysis of key international and domestic players operating in Portugal retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share