Food & Grocery Retailing in New Zealand, Market Shares, Summary and Forecasts to 2021
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Food & Grocery Retailing in New Zealand
Overview
"Food & Grocery Retailing in New Zealand, Market Shares, Summary and Forecasts to 2021", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to New Zealand retail environment. In addition, it analyzes the key consumer trends influencing New Zealand food and grocery retail industry.
The food & grocery sector held a major share of 46.1% of total retail sales in 2016 and also account for 56% of total exports from the country. Dairy products and allied processed dairy products accounted for 29% of exports in 2016. Healthy economic growth led to the stable growth of the food and grocery sector, which achieved sales of NZ$28bn in 2016 and is forecast to register a CAGR of 3.9% over the next five years, to reach NZ$34bn by 2021.
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Food & Grocery Retailing in New Zealand Major Outlook
- Retail sales to register healthy growth through 2021
- Food and grocery continues to be the largest sector
- Domestic players dominate sector sales
- Hypermarkets and supermarkets continue to remain the preferred channel
- Countdown and New World accounted for nearly 40% of sector sales in 2016
- Local mass middle players dominate the sector
Food & Grocery Retailing in New Zealand - Competitive Analysis
Key players are making innovative developments in Food & Grocery Retailing in New Zealand. The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector
Scope
- Investigate current and forecast behavior trends in food and grocery category to identify the best opportunities to exploit
- Analysis of key international and domestic players operating in the food and grocery market
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the food and grocery market
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
- Understand the fastest-growing categories in the market with insights on the performance of individual product categories, across key channels from 2011, with forecasts until 2021
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Posted by
Vivian Dsena
on Thursday March 29 2018, 8:32 AM EDT.
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