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Company Profile
NorgesGruppen ASA – Company Profile
NorgesGruppen ASA (NorgesGruppen) is an operator of supermarkets and convenience stores. Its product portfolio includes groceries, food products, dry goods, chilled and frozen goods, bakery products, nonfood products, beverages, wine, spirits, breakfast cereal, chocolate and confectionery among others. The company also offer various services such as catering services, restaurant, coffee shops, delivery services, gas stations and gift card services. It operates stores under different banners, such as Unil, Bakehuset, Matborsen, Joh-Johannson Kaffe, Meny, Storcash, SPAR, KIWI, Joker, ASKO, MIX, Deli...
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Sector Analysis
Norway – The Future of Foodservice to 2023
Overall, profit sector revenue rose at a CAGR of 3.2% between 2016 and 2018. This growth is forecast to slow down to CAGR of 2.4% during 2018–2023. Increasing transaction values are driving growth in most foodservice channels. Multiple channels are set to see increased demand for convenience to 2023, this includes a greater provision of takeaway and delivery across the sector. Channel boundaries are also becoming increasingly blurred, as operators from different channels compete for the same or similar visit...
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Sector Analysis
Country Profile: Bakery & Cereals sector in Norway
The Bakery & Cereals sector in Norway is led by the Bread & Rolls market in both value and volume terms, while the Energy Bars market is expected to register the fastest growth in value terms during 2016-2021. Hypermarkets & Supermarkets is the leading distribution channel in the sector. Flexible Packaging is the most commonly used packaging material. NorgesGruppen ASA and Baxt As are the leading market players in the country. Health & Wellness attributes such as Functional and Fortified...
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Sector Analysis
Consumer and Market Insights: Prepared Meals in Norway
The Norwegian Prepared Meals market is being led by the Ready Meals category which is also expected to register the fastest growth in value terms during 2015-2020. Hypermarkets & Supermarkets holds the highest share for distribution of Prepared Meals in the market. The penetration of private labels is low in the market while they registered faster growth than brands during 2012-2015.
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Analyst Opinions
Norway Beer Market Insights Report 2016; In-depth Analysis of Key Companies, Brands, Volume, Value and Segmentation Trends and Opportunities in the Beer Market
Poor summer in 2015 dampened the Norwegian beer market, due to wet weather in the month of June beer suffered a setback during the high season. Average price of beer increased by 2% in 2015 across all trade channels. Growth of beer market in Norway is highly dependent on distribution and consumer preference. However the government relaxed its strict laws over advertising and promotional offers. Consumers are now showing interest in beers aside the traditional pilsner style lager. Excise duty...
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Sector Analysis
Consumer and Market Insights: Bakery and Cereals in Norway
The Bakery and Cereals market in Norway is expected to register marginally higher growth in value terms during 2015-2020 as compared to 2010-2015. The market is led by Bread & Rolls category in value terms while the Energy Bars category is forecast to register fastest growth during 2015-2020. Hypermarkets & Supermarkets is the leading distribution channel across all categories in the country.
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Sector Analysis
Consumer and Market Insights: Confectionery in Norway
The Norwegian Confectionery market is expected to witness high value growth during 2015-2020, supported by high disposable income of consumers and low inflation rates in the country. Chocolate is the leading category in both value and volume terms as on 2015, while the Gum category is expected to register fastest value growth during 2015-2020. Mondelez International, Inc is one of the leading companies in the Austrian Confectionery market.
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Sector Analysis
Consumer and Market Insights: Syrups & Spreads Market in Norway
Of the five categories analyzed, Sweet Spreads will be the largest value category, registering a CAGR of 5.1% during 2015-2020 Women accounts for the majority of Sweet Spreads consumption Private label products had considerable market penetration of 10.1% in 2015. They compete with brands, which has resulted in a Private Label products gaining market share from brands during 2012-2015 The Syrups & Spreads market in Norway is led by market player Orkla Asa