New Market Report: Food and Grocery Retailing in Germany

From: Fast Market Research, Inc.
Published: Tue Sep 08 2015


Food and grocery is by far the largest product category, accounting for a majority of the total retail sales in 2014. German consumers are generally known to be price conscious, and prefer savings over convenience. This is the one of the reasons that hypermarkets, supermarkets, and hard discounters account for the majority share of 59.3% in terms of spend per channel. Sales through online channel are still in nascent stages, given the fact that consumers prefer physical stores to purchase products. However, sales through online channel is expected to witness healthy double-digit growth over the next few years.

Key Findings

* Food and grocery is expected to grow at a CAGR of 1.7%
* Conscious consumerism is on the rise, fueling the demand for organic and local food products.
* Demand for luxury, ready-to-eat food items, and healthy categories including organics, will result in higher spending on food and groceries.
* Growing aging population and single households in Germany open new opportunities for retailers
* Drinks segment is expected to be the most promising market during the forecast period, with a CAGR of 2.2% over the next five years.

Full Report Details at
- http://www.fastmr.com/prod/1040100_food_grocery_retailing.aspx?afid=301

Synopsis
"Food and Grocery Retailing in Germany - Market Summary and Forecasts" is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2019.

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 2009 to 2019
* Sales of food and grocery products through the following channels from 2009 to 2019: 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 Germany and their presence across distribution channels

Reasons to Get this Report

* Gain a comprehensive knowledge on food and grocery sector in the German retail market and develop a competitive advantage from the start of your supply chain
* Investigate current and forecast behaviour trends in food and grocery category to identify the best opportunities to exploit
* Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

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- Retailing in Germany - Market Summary and Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2019

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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