Food & Grocery Retail in South Africa

August 2024 | 38 pages | ID: F9725D89E4F7EN
MarketLine

Abstracts

Food & Grocery Retail in South Africa

Summary

Food & Grocery Retail in South Africa 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 South African food & grocery retail market recorded revenues of $53.9 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.5% between 2018 and 2023.
• The food segment accounted for the market's largest proportion in 2023, with total revenues of $40.8 billion, equivalent to 75.6% of the market's overall value.
• The decline in the South African food & grocery retail market in 2023 can be attributed to the significant drop in disposable income, which has intensified the market's challenges. Eurostat reports that the net household disposable income of South Africa stood at $192.7 billion in 2023, a decline of 4.9% from the previous year.

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

Reasons to Buy

• What was the size of the South Africa food & grocery retail market by value in 2023?
• What will be the size of the South Africa food & grocery retail market in 2028?
• What factors are affecting the strength of competition in the South Africa food & grocery retail market?
• How has the market performed over the last five years?
• Who are the top competitors in South Africa's food & grocery retail market?

Contents

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 strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments?

8 COMPANY PROFILES

8.1. Shoprite Holdings Ltd
8.2. Pick n Pay Stores Ltd
8.3. SPAR International

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

LIST OF TABLES

Table 1: South Africa food & grocery retail market value: $ million, 2018-23
Table 2: South Africa food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: South Africa food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: South Africa food & grocery retail market geography segmentation: $ million, 2023
Table 5: South Africa food & grocery retail market value forecast: $ million, 2023-28
Table 6: Shoprite Holdings Ltd: key facts
Table 7: Shoprite Holdings Ltd: Annual Financial Ratios
Table 8: Shoprite Holdings Ltd: Key Employees
Table 9: Pick n Pay Stores Ltd: key facts
Table 10: Pick n Pay Stores Ltd: Annual Financial Ratios
Table 11: Pick n Pay Stores Ltd: Key Employees
Table 12: SPAR International: key facts
Table 13: SPAR International: Key Employees
Table 14: South Africa size of population (million), 2019-23
Table 15: South Africa real gdp (constant 2010 prices, $ billion), 2019-23
Table 16: South Africa gdp (current prices, $ billion), 2019-23
Table 17: South Africa inflation, 2019-23
Table 18: South Africa consumer price index (absolute), 2019-23
Table 19: South Africa exchange rate, 2018-23

List Of Figures

LIST OF FIGURES

Figure 1: South Africa food & grocery retail market value: $ million, 2018-23
Figure 2: South Africa food & grocery retail market category segmentation: $ million, 2018-2023
Figure 3: South Africa food & grocery retail market geography segmentation: % share, by value, 2023
Figure 4: South Africa food & grocery retail market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the food & grocery retail market in South Africa, 2023
Figure 6: Drivers of buyer power in the food & grocery retail market in South Africa, 2023
Figure 7: Drivers of supplier power in the food & grocery retail market in South Africa, 2023
Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in South Africa, 2023
Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in South Africa, 2023
Figure 10: Drivers of degree of rivalry in the food & grocery retail market in South Africa, 2023