Food & Grocery Retail in New Zealand
Food & Grocery Retail in New Zealand
Summary
Food & Grocery Retail in New Zealand 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
Summary
Food & Grocery Retail in New Zealand 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 New Zealand food & grocery retail market recorded revenues of $25.1 billion in 2023, representing a compound annual growth rate (CAGR) of 2.5% between 2018 and 2023.
- The food segment accounted for the market's largest proportion in 2023, with total revenues of $18.7 billion, equivalent to 74.7% 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 New Zealand reached 96.82 in August 2023, up from 96.35 in December 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in New Zealand
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in New Zealand
- 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 New Zealand food & grocery retail market with five year forecasts by both value and volume
- What was the size of the New Zealand food & grocery retail market by value in 2023?
- What will be the size of the New Zealand food & grocery retail market in 2028?
- What factors are affecting the strength of competition in the New Zealand food & grocery retail market?
- How has the market performed over the last five years?
- Who are the top competitors in New Zealand's food & grocery retail market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What are the strengths of leading players?
7.3. What are the most recent developments in the market?
8 COMPANY PROFILES
8.1. Foodstuffs New Zealand Ltd
8.2. Woolworths Group Limited
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What are the strengths of leading players?
7.3. What are the most recent developments in the market?
8 COMPANY PROFILES
8.1. Foodstuffs New Zealand Ltd
8.2. Woolworths Group Limited
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: New Zealand food & grocery retail market value: $ million, 2018-23
Table 2: New Zealand food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: New Zealand food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: New Zealand food & grocery retail market geography segmentation: $ million, 2023
Table 5: New Zealand food & grocery retail market value forecast: $ million, 2023-28
Table 6: Foodstuffs New Zealand Ltd: key facts
Table 7: Foodstuffs New Zealand Ltd: Key Employees
Table 8: Woolworths Group Limited: key facts
Table 9: Woolworths Group Limited: Annual Financial Ratios
Table 10: Woolworths Group Limited: Key Employees
Table 11: Woolworths Group Limited: Key Employees Continued
Table 12: New Zealand size of population (million), 2019-23
Table 13: New Zealand real gdp (constant 2010 prices, $ billion), 2019-23
Table 14: New Zealand gdp (current prices, $ billion), 2019-23
Table 15: New Zealand inflation, 2019-23
Table 16: New Zealand consumer price index (absolute), 2019-23
Table 17: New Zealand exchange rate, 2018-23
Table 1: New Zealand food & grocery retail market value: $ million, 2018-23
Table 2: New Zealand food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: New Zealand food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: New Zealand food & grocery retail market geography segmentation: $ million, 2023
Table 5: New Zealand food & grocery retail market value forecast: $ million, 2023-28
Table 6: Foodstuffs New Zealand Ltd: key facts
Table 7: Foodstuffs New Zealand Ltd: Key Employees
Table 8: Woolworths Group Limited: key facts
Table 9: Woolworths Group Limited: Annual Financial Ratios
Table 10: Woolworths Group Limited: Key Employees
Table 11: Woolworths Group Limited: Key Employees Continued
Table 12: New Zealand size of population (million), 2019-23
Table 13: New Zealand real gdp (constant 2010 prices, $ billion), 2019-23
Table 14: New Zealand gdp (current prices, $ billion), 2019-23
Table 15: New Zealand inflation, 2019-23
Table 16: New Zealand consumer price index (absolute), 2019-23
Table 17: New Zealand exchange rate, 2018-23
LIST OF FIGURES
Figure 1: New Zealand food & grocery retail market value: $ million, 2018-23
Figure 2: New Zealand food & grocery retail market category segmentation: $ million, 2018-2023
Figure 3: New Zealand food & grocery retail market geography segmentation: % share, by value, 2023
Figure 4: New Zealand food & grocery retail market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the food & grocery retail market in New Zealand, 2023
Figure 6: Drivers of buyer power in the food & grocery retail market in New Zealand, 2023
Figure 7: Drivers of supplier power in the food & grocery retail market in New Zealand, 2023
Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in New Zealand, 2023
Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in New Zealand, 2023
Figure 10: Drivers of degree of rivalry in the food & grocery retail market in New Zealand, 2023
Figure 1: New Zealand food & grocery retail market value: $ million, 2018-23
Figure 2: New Zealand food & grocery retail market category segmentation: $ million, 2018-2023
Figure 3: New Zealand food & grocery retail market geography segmentation: % share, by value, 2023
Figure 4: New Zealand food & grocery retail market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the food & grocery retail market in New Zealand, 2023
Figure 6: Drivers of buyer power in the food & grocery retail market in New Zealand, 2023
Figure 7: Drivers of supplier power in the food & grocery retail market in New Zealand, 2023
Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in New Zealand, 2023
Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in New Zealand, 2023
Figure 10: Drivers of degree of rivalry in the food & grocery retail market in New Zealand, 2023
