Wednesday, 27 April 2016

Food and Grocery Retailing in Denmark Market Is Anticipated Growth CAGR of 1.8% From 2014 to 2020 Research Report by Hexa Reports

Food and grocery accounted for 52.5% of total market retail sales in 2015. From DKK152 billion in 2015, the food and grocery retail market is anticipated to grow at a CAGR of 2.21% over the forecast period, to reach DKK169 billion by 2020. Rising disposable income, an ongoing trend of rapid urbanization, rapid adoption of Organic brands, and increasing competition among retailers will transform the consumption pattern among consumers.

Key Findings
-The organic market share has increased from 3.9% in 2005 to 8% of the total grocery spending in 2015.

-Spending per head on food and grocery will continue to grow at a CAGR of 1.8% in 2015-2020.

-Packaged food is the largest product category sold as of 2015.

-Sales through online channel are expected to grow at a CAGR of 9.86% during 2015-2020

"Food and Grocery Retailing in Denmark - Market Summary and Forecasts" is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.

What else does this report offer?

-A thorough analysis of consumer trends changing economic and population factors

-Both qualitative and quantitative insights and analysis of the shifting food and grocery retail dynamics for drinks, household products, packaged food, tobacco and unpackaged food from 2010 to 2020

-Sales of food and grocery products through the following channels from 2010 to 2020: Hypermarkets, supermarkets and hard-discounters; food and drinks specialists; convenience stores (including Independents) and gas stations; cash and carries and warehouse clubs; other general and non-specialist direct retailers; value, variety stores and general merchandise retailers; online; drug stores and health and beauty stores; vending machines; duty free retailers; department stores; other specialist retailers

-An overview of key food and grocery retailers operating across Denmark and their presence across distribution channels

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