Belgium Food and Grocery Retail Market Summary, Competitive Analysis and Forecast to 2027
Summary
Food & Grocery Retail in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). 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.
- The Belgian food & grocery retail market had total revenues of $56.6 billion in 2022, representing a compound annual growth rate (CAGR) of 3.4% between 2017 and 2022.
- The food segment accounted for the market's largest proportion in 2022, with total revenues of $40.0 billion, equivalent to 70.6% of the market's overall value.
- The growth in the Belgian food & grocery retail market is influenced by several macroeconomic factors, such as rising GDP and growing consumer confidence. For instance, according to the National Bank of Belgium, Belgium’s consumer confidence indicator rose to -5 in September 2023 from -27 in October 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 Belgium
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in Belgium
- 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 Belgium food & grocery retail market with five year forecasts by both value and volume
- What was the size of the Belgium food & grocery retail market by value in 2022?
- What will be the size of the Belgium food & grocery retail market in 2027?
- What factors are affecting the strength of competition in the Belgium food & grocery retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Belgium'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 in the market?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of leading players?
- 8 Company Profiles
- 8.1. Carrefour SA
- 8.2. Koninklijke Ahold Delhaize NV
- 8.3. Aldi Einkauf GmbH & Co oHG
- 8.4. Lidl Dienstleistung GmbH & Co KG
- 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: Belgium food & grocery retail market value: $ million, 2017-22
- Table 2: Belgium food & grocery retail market category segmentation: % share, by value, 2017-2022
- Table 3: Belgium food & grocery retail market category segmentation: $ million, 2017-2022
- Table 4: Belgium food & grocery retail market geography segmentation: $ million, 2022
- Table 5: Belgium food & grocery retail market value forecast: $ million, 2022-27
- Table 6: Carrefour SA: key facts
- Table 7: Carrefour SA: Annual Financial Ratios
- Table 8: Carrefour SA: Key Employees
- Table 9: Carrefour SA: Key Employees Continued
- Table 10: Koninklijke Ahold Delhaize NV: key facts
- Table 11: Koninklijke Ahold Delhaize NV: Annual Financial Ratios
- Table 12: Koninklijke Ahold Delhaize NV: Key Employees
- Table 13: Aldi Einkauf GmbH & Co oHG: key facts
- Table 14: Aldi Einkauf GmbH & Co oHG: Key Employees
- Table 15: Lidl Dienstleistung GmbH & Co KG: key facts
- Table 16: Lidl Dienstleistung GmbH & Co KG: Key Employees
- Table 17: Belgium size of population (million), 2018-22
- Table 18: Belgium gdp (constant 2005 prices, $ billion), 2018-22
- Table 19: Belgium gdp (current prices, $ billion), 2018-22
- Table 20: Belgium inflation, 2018-22
- Table 21: Belgium consumer price index (absolute), 2018-22
- Table 22: Belgium exchange rate, 2018-22
- List of Figures
- Figure 1: Belgium food & grocery retail market value: $ million, 2017-22
- Figure 2: Belgium food & grocery retail market category segmentation: $ million, 2017-2022
- Figure 3: Belgium food & grocery retail market geography segmentation: % share, by value, 2022
- Figure 4: Belgium food & grocery retail market value forecast: $ million, 2022-27
- Figure 5: Forces driving competition in the food & grocery retail market in Belgium, 2022
- Figure 6: Drivers of buyer power in the food & grocery retail market in Belgium, 2022
- Figure 7: Drivers of supplier power in the food & grocery retail market in Belgium, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in Belgium, 2022
- Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in Belgium, 2022
- Figure 10: Drivers of degree of rivalry in the food & grocery retail market in Belgium, 2022
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