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Food & Grocery Retail in Austria

August 2024 | 36 pages | ID: F646EA01B3CEN
MarketLine

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Food & Grocery Retail in Austria

Summary

Food & Grocery Retail in Austria industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Austrian food & grocery retail market recorded revenues of $48.4 billion in 2023, representing a compound annual growth rate (CAGR) of 3.4% between 2018 and 2023.
  • The food segment accounted for the market's largest proportion in 2023, with total revenues of $34.7 billion, equivalent to 71.6% 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 Austria reached 97.37 in August 2023, up from 95.81 in August 2022.
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 Austria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in Austria
  • 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 Austria food & grocery retail market with five year forecasts
Reasons to Buy
  • What was the size of the Austria food & grocery retail market by value in 2023?
  • What will be the size of the Austria food & grocery retail market in 2028?
  • What factors are affecting the strength of competition in the Austria food & grocery retail market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Austria'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 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. SPAR International
8.2. REWE Group
8.3. Aldi Einkauf GmbH & Co oHG

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: Austria food & grocery retail market value: $ million, 2018-23
Table 2: Austria food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: Austria food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: Austria food & grocery retail market geography segmentation: $ million, 2023
Table 5: Austria food & grocery retail market value forecast: $ million, 2023-28
Table 6: SPAR International: key facts
Table 7: SPAR International: Key Employees
Table 8: REWE Group: key facts
Table 9: REWE Group: Key Employees
Table 10: Aldi Einkauf GmbH & Co oHG: key facts
Table 11: Aldi Einkauf GmbH & Co oHG: Key Employees
Table 12: Austria size of population (million), 2019-23
Table 13: Austria real gdp (constant 2010 prices, $ billion), 2019-23
Table 14: Austria gdp (current prices, $ billion), 2019-23
Table 15: Austria inflation, 2019-23
Table 16: Austria consumer price index (absolute), 2019-23
Table 17: Austria exchange rate, 2018-23

LIST OF FIGURES

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


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