Food and Grocery Retailing in Argentina – Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020

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Food and grocery the largest product category, accounting for 68.5% of total retail sales in 2015. From ARS870.1 billion in 2015, the food and grocery retail market is anticipated to grow at a CAGR of 16.8% over the forecast period, to reach ARS1, 891 billion by 2020. An increasing number of smaller formats and cheaper product offerings from the major retailers such as Jumbo and Carrefour is the major driving factor for food and grocery sales in the country

Scope

• Per capita expenditure on food and grocery stood at ARS22,042 in 2015, and is expected to rise to ARS41,555 by 2020

• Food and drink specialists command the majority of sales, accounting for 42.5% in 2015

Sales through online channel are expected to grow at a CAGR of 28.86% during 2015-2020

Reasons to Buy

• Gain a comprehensive knowledge on food and grocery sector in the Argentina retail market and develop a competitive advantage from the start of your supply chain

• Investigate current and forecast behavior 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

• Understand the fastest growing categories including drinks, household products, packaged food, unpackaged food and tobacco in the market, with insights on performance across key channels from 2010, with forecasts until 2020

• 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

• Analysis of key international and domestic players operating in the food and grocery market – including store counts and revenues that give you a competitive edge – identify opportunities to improve your market share

Dia
Carrefour
Super Vea
La Anónima
Coto
Wal-Mart
Disco
Diarco
Jumbo
Makro and Libertad

Table of Contents

1 Introduction

1.1 What is this Report About?

2 Executive Summary & Outlook

3 Market Context

3.1 A poised economy with opportunities for retailers

3.1.1 Extreme economic indicators and the rise of smaller store formats

3.1.2 Changes in savings rate shows retail spending ability

3.1.3 Service remains the dominant sector for employment

3.1.4 Improving labor market set to drive retail spending

3.1.5 Inflation levels will influence retail sales growth

3.1.6 Household consumption expenditure has grown fast but not in volume terms

3.2 Balanced demography and optimistic economy will favor the retail market

4 Argentina Shoppers

4.1 Increasing numbers of Argentinian consumers embrace E- Commerce

4.2 Argentinians' passion for books and opportunities for the retailers

4.3 The sports market in Argentina is always perennial

4.4 Tourism and opportunities in Argentina's retail sector

4.5 Argentina's expensive electronics

5 Doing Business in Argentina

5.1 Summary

5.1.1 Bureaucracy

5.1.2 Business culture

5.1.3 Geography

5.1.4 Infrastructure and logistics

5.2 Key taxation policies

5.3 Tax relaxation and policy changes by the new government

6 Retail – Product Sectors

6.1 Product Sector Analysis

6.1.1 Food and Grocery

6.2 Food and Grocery Category Overview

6.2.1 Food and Grocery by Channel

6.2.2 Food and Grocery by Category

6.3 Food and Grocery Category Analysis

6.3.1 Drinks

6.3.2 Household Products

6.3.3 Packaged Food

6.3.4 Tobacco

6.3.5 Unpackaged Food

6.4 Major Retailers

6.4.1 Food and Grocery

7 Appendix

7.1 Definitions

7.1.1 This report provides 2015 actual sales; while forecasts are provided for 2016 – 2020

7.2 Summary Methodology

7.2.1 Overview

7.2.2 The triangulated market sizing method

7.2.3 Industry surveys in the creation of retail market data

7.2.4 Quality control and standardized processes

7.3 About Verdict Retail

7.4 Disclaimer

Table

Table 1: Argentina Food and Grocery Retail Sales (ARS mn), by Channel Group, 2010-2015

Table 2: Argentina Food and Grocery Retail Sales Forecast (ARS mn), by Channel Group, 2015-2020

Table 3: Argentina Food and Grocery Retail Sales (US$ mn), by Channel Group, 2010-2015

Table 4: Argentina Food and Grocery Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020

Table 5: Argentina Food and Grocery Retail Segmentation (% value), by Channel Group, 2010-2020

Table 6: Argentina Food and Grocery Retail Sales (ARS mn), by Category 2010-2015

Table 7: Argentina Food and Grocery Retail Sales Forecast (ARS mn), by Category 2015-2020

Table 8: Argentina Food and Grocery Retail Sales (US$ mn), by Category, 2010-2015

Table 9: Argentina Food and Grocery Retail Sales Forecast (ARS mn), by Category 2015-2020

Table 10: Argentina Food and Grocery Retail Segmentation (% value), by Category, 2010-2020

Table 11: Argentina Drinks Retail Sales (ARS mn), by Channel Group, 2010-2015

Table 12: Argentina Drinks Retail Sales Forecast (ARS mn), by Channel Group, 2015-2020

Table 13: Argentina Drinks Retail Sales (US$ mn), by Channel Group, 2010-2015

Table 14: Argentina Drinks Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020

Table 15: Argentina Drinks Retail Segmentation, by Channel Group, 2010-2020

Table 16: Argentina Household Products Retail Sales (ARS mn), by Channel Group, 2010-2015

Table 17: Argentina Household Products Retail Sales Forecast (ARS mn), by Channel Group, 2015-2020

Table 18: Argentina Household Products Retail Sales (US$ mn), by Channel Group, 2010-2015

Table 19: Argentina Household Products Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020

Table 20: Argentina Household Products Retail Segmentation, by Channel Group, 2010-2020

Table 21: Argentina Packaged Food Retail Sales (ARS mn), by Channel Group, 2010-2015

Table 22: Argentina Packaged Food Retail Sales Forecast (ARS mn), by Channel Group, 2015-2020

Table 23: Argentina Packaged Food Retail Sales (US$ mn), by Channel Group, 2010-2015

Table 24: Argentina Packaged Food Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020

Table 25: Argentina Packaged Food Retail Segmentation, by Channel Group, 2010-2020

Table 26: Argentina Tobacco Retail Sales (ARS mn), by Channel Group, 2010-2015

Table 27: Argentina Tobacco Retail Sales Forecast (ARS mn), by Channel Group, 2015-2020

Table 28: Argentina Tobacco Retail Sales (US$ mn), by Channel Group, 2010-2015

Table 29: Argentina Tobacco Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020

Table 30: Argentina Tobacco Retail Segmentation, by Channel Group, 2010-2020

Table 31: Argentina Unpackaged Food Retail Sales (ARS mn), by Channel Group, 2010-2015

Table 32: Argentina Unpackaged Food Retail Sales Forecast (ARS mn), by Channel Group, 2015-2020

Table 33: Argentina Unpackaged Food Retail Sales (US$ mn), by Channel Group, 2010-2015

Table 34: Argentina Unpackaged Food Retail Sales Forecast (US$ mn), by Channel, 2015-2020

Table 35: Argentina Unpackaged Food Retail Segmentation, by Channel Group, 2010-2020

Table 36: Key Food and Grocery Retailers in Argentina

Table 37: Argentina Exchange Rate ARS-US$ (Annual Average), 2010-2015

Table 38: Argentina Exchange Rate ARS-US$ (Annual Average), 2016-2020

Table 39: Verdict Retail Channel Definitions

Table 40: Verdict Retail Category Definitions

Figures

Figure 1: GDP Values (Current US$) billion, 2010-2015

Figure 2: Growth Rate of GDP (Constant US$), 2010-2015

Figure 3: GDP Value and Growth (ARS billion, %), 2010-2015

Figure 4: Forecasts for GDP Value and Growth (ARS billion, %), 2015-2020

Figure 5: Personal Savings (%), 2005-2015

Figure 6: Share of Employment by Sector (%), 2005 and 2015

Figure 7: Unemployment Rate (%), 2005-2015

Figure 8: Inflation GDP deflator (annual %) 2005-2015

Figure 9: Household Consumption Expenditure of Argentina (ARS billion), 2005 and 2015

Figure 10: Household Consumption Expenditure of Major Countries (US$ Billion), 2015

Figure 11: Growth of Household Consumption Expenditure (%), 2005-2015

Figure 12: Total Population and Growth Rate (Millions, %), 2005-2020

Figure 13: Population Split by Gender (%), 2015 and 2020E

Figure 14: Population Split by Age Group (%), 2015 and 2020E

Figure 15: Per Capita Spend on Retail (ARS), 2005 and 2015

Figure 16: Per Capita Spend (ARS) on Retail by Age Group (%), 2005 and 2015

Figure 17: Rural and Urban Populations (% of total population) 2005, 2015E and 2020E

Figure 18: El Ateneo, Buenos Aires – The most beautiful book store in the world

Figure 19: Major cities with high spend on retail

Figure 20: Doing Business in Argentina

Figure 21: Share of Food and Grocery in overall Retail 2015 and 2020

Figure 22: Retail Sales Value and Growth (ARS billion, %) of Food and Grocery 2015-2020

Figure 23: Spend-per-Head on Food and Grocery 2015 and 2020

Figure 24: Online Spend in Food and Grocery 2015-2020

Figure 25: Online Share of total Food and Grocery Spend 2015 and 2020

Figure 26: Spending per Channel in Food and Grocery (%) 2015 and 2020

Figure 27: Argentina Food and Grocery Retail Sales and Forecast (ARS mn), by Channel Group, 2010-2020

Figure 28: Argentina Food and Grocery Retail Market Dynamics, by Channel Group, 2010-2020

Figure 29: Argentina Food and Grocery Retail Sales and Forecast (ARS mn), by Category 2010-2020

Figure 30: Argentina Food and Grocery Retail Market Dynamics, by Category 2010-2020

Figure 31: Argentina Drinks Retail Sales and Forecast (ARS mn), by Channel Group, 2010-2020

Figure 32: Argentina Household Products Retail Sales and Forecast (ARS mn), by Channel Group, 2010-2020

Figure 33: Argentina Packaged Food Retail Sales and Forecast (ARS mn), by Channel Group, 2010-2020

Figure 34: Argentina Tobacco Retail Sales and Forecast (ARS mn), by Channel Group, 2010-2020

Figure 35: Argentina Unpackaged Food Retail Sales and Forecast (ARS mn), by Channel Group, 2010-2020

Figure 36: The Triangulated Market Sizing Methodology

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