Top 10 Discount Grocery Chains in Australia by Market Share
1. Aldi
Aldi is one of the leading discount grocery chains in Australia, known for its low prices and private label products. With over 500 stores across the country, Aldi has captured a significant market share in the grocery industry. In 2020, Aldi reported a revenue of $12.2 billion in Australia, showcasing its strong presence in the market.
2. Woolworths Group
Woolworths Group, which includes the discount supermarket chain Woolworths Supermarkets, has a significant market share in Australia. While Woolworths is not traditionally considered a discount grocery chain, it has expanded its offerings to compete with discount retailers. In 2020, Woolworths reported a revenue of $60.8 billion, solidifying its position in the market.
3. Coles Group
Coles Group is another major player in the Australian grocery industry, with its discount supermarket chain Coles Supermarkets. Coles has a strong presence in the market, offering competitive prices and a wide range of products. In 2020, Coles reported a revenue of $39.4 billion, highlighting its significant market share.
4. Costco Wholesale
Costco Wholesale is a popular discount grocery chain in Australia, known for its bulk buying model and membership-based pricing. While Costco’s market share may not be as large as other chains, it has a loyal customer base and continues to expand its presence in the country. In 2020, Costco reported a revenue of $2.4 billion in Australia.
5. Foodworks
Foodworks is a network of independently owned grocery stores in Australia, offering competitive prices and a wide selection of products. While Foodworks may not have the same market share as larger chains, it remains a popular choice for budget-conscious consumers. In 2020, Foodworks reported a revenue of $1.2 billion.
6. IGA
IGA, or Independent Grocers of Australia, is a network of independently owned grocery stores that cater to local communities. While IGA may not be as large as other chains, it has a strong presence in regional areas and offers competitive prices. In 2020, IGA reported a revenue of $8.6 billion.
7. SPAR
SPAR is an international retail chain with stores in Australia, offering a range of discount groceries and convenience items. While SPAR may not have as large a market share as other chains, it remains a popular choice for consumers looking for affordable options. In 2020, SPAR reported a revenue of $750 million in Australia.
8. Foodland
Foodland is a network of independently owned grocery stores in South Australia, offering competitive prices and a focus on local produce. While Foodland may not have a national presence, it remains a significant player in the South Australian market. In 2020, Foodland reported a revenue of $1.5 billion.
9. Drakes Supermarkets
Drakes Supermarkets is a family-owned chain of grocery stores in Australia, known for its competitive prices and emphasis on customer service. While Drakes may not have the same market share as larger chains, it has a loyal customer base and continues to expand its presence. In 2020, Drakes reported a revenue of $1.8 billion.
10. 7-Eleven
7-Eleven is a convenience store chain in Australia, offering a range of discount groceries and convenience items. While 7-Eleven may not be a traditional grocery chain, it has a significant market share in the convenience store sector. In 2020, 7-Eleven reported a revenue of $3.2 billion in Australia.
Overall, these top 10 discount grocery chains in Australia represent a diverse range of options for consumers looking for affordable and quality products. While some chains may have larger market shares than others, each plays a significant role in the Australian grocery industry.
