Food & Grocery Retail in South America

Key Highlights

• The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
• The South American food & grocery retail market recorded revenues of $562.1 billion in 2023, representing a compound annual growth rate (CAGR) of 4.3% between 2018 and 2023.
• The food segment accounted for the market's largest proportion in 2023, with total revenues of $432.9 billion, equivalent to 77.0% of the market's overall value.
• The growth of the South American food & grocery retail market is driven by the rising disposable incomes among middle-class consumers leading to higher spending on food and grocery products.

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 South America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in South America
• 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 South America food & grocery retail market with five year forecasts

Reasons to Buy

• What was the size of the South America food & grocery retail market by value in 2023?
• What will be the size of the South America food & grocery retail market in 2028?
• What factors are affecting the strength of competition in the South America food & grocery retail market?
• How has the market performed over the last five years?
• What are the main segments that make up South America's food & grocery retail market?