Spain Food and Grocery Retailing to 2019 - Comprehensive Overview of the Market, Consumer, and Competitive Context, with Retail Sales Value and Forecasts
Food and grocery accounted for 62.6% of total market retail sales in 2014. From EUR122 billion in 2014, the food and grocery retail market is anticipated to grow at a CAGR of 2.59% over the forecast period, to reach EUR138.7 billion by 2019. Consumers are shifting from hypermarkets towards convenience stores and discount supermarkets and are looking to make smaller purchases with frequent store visits, where they have better control over their purchases. In addition, most Spaniards rely on local...
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