South Africa Food and Grocery Retail Market Summary, Competitive Analysis and Forecast to 2027
Summary
Food & Grocery Retail in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 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 South African food & grocery retail market had total revenues of $56.6 billion in 2022, representing a compound annual growth rate (CAGR) of 5.9% between 2017 and 2022.
- The food segment accounted for the market's largest proportion in 2022, with total revenues of $43.4 billion, equivalent to 76.8% of the market's overall value.
- The growth in the South African food & grocery retail market is influenced by several macroeconomic factors, such as rising GDP and growing consumer confidence. For instance, according to the Bureau for Economic Research (BER), the consumer confidence index rose to -16 points in Q3 2023 from -25 points in the previous quarter.
- 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
- What was the size of the South Africa food & grocery retail market by value in 2022?
- What will be the size of the South Africa food & grocery retail market in 2027?
- 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?
- 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 are the strengths of leading players?
- 8 Company Profiles
- 8.1. Shoprite Holdings Ltd
- 8.2. Spar Retail NV
- 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: South Africa food & grocery retail market value: $ million, 2017-22
- Table 2: South Africa food & grocery retail market category segmentation: % share, by value, 2017-2022
- Table 3: South Africa food & grocery retail market category segmentation: $ million, 2017-2022
- Table 4: South Africa food & grocery retail market geography segmentation: $ million, 2022
- Table 5: South Africa food & grocery retail market value forecast: $ million, 2022-27
- 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 Limited: key facts
- Table 10: Spar Retail NV: key facts
- Table 11: South Africa size of population (million), 2018-22
- Table 12: South Africa gdp (constant 2005 prices, $ billion), 2018-22
- Table 13: South Africa gdp (current prices, $ billion), 2018-22
- Table 14: South Africa inflation, 2018-22
- Table 15: South Africa consumer price index (absolute), 2018-22
- Table 16: South Africa exchange rate, 2018-22
- List of Figures
- Figure 1: South Africa food & grocery retail market value: $ million, 2017-22
- Figure 2: South Africa food & grocery retail market category segmentation: $ million, 2017-2022
- Figure 3: South Africa food & grocery retail market geography segmentation: % share, by value, 2022
- Figure 4: South Africa food & grocery retail market value forecast: $ million, 2022-27
- Figure 5: Forces driving competition in the food & grocery retail market in South Africa, 2022
- Figure 6: Drivers of buyer power in the food & grocery retail market in South Africa, 2022
- Figure 7: Drivers of supplier power in the food & grocery retail market in South Africa, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in South Africa, 2022
- Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in South Africa, 2022
- Figure 10: Drivers of degree of rivalry in the food & grocery retail market in South Africa, 2022
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