Austria Food and Grocery Retail Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The food & grocery retail market is segmented into household products, tobacco, food, and drinks.
• The Austrian food & grocery retail market had total revenues of $43.9 billion in 2022, representing a compound annual growth rate (CAGR) of 4.4% between 2017 and 2022.
• The food segment accounted for the market's largest proportion in 2022, with total revenues of $31.7 billion, equivalent to 72.3% of the market's overall value.
• The growth in the Austrian food & grocery retail market is influenced by several macroeconomic factors, such as rising GDP and growing consumer confidence. For instance, according to the European Commission, Austria’s consumer confidence indicator rose to -21.1 in July 2023 from -31.5 in September 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 2022?
• What will be the size of the Austria food & grocery retail market in 2027?
• 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?