Top 10 Grocery Store Brands in Spain by Market Share
Introduction
Spain’s grocery retail market is highly competitive, with several major players vying for market share. In this report, we will delve into the top 10 grocery store brands in Spain based on their market share. We will analyze their financial data, industry insights, and trends to provide a comprehensive overview of the grocery retail landscape in Spain.
1. Mercadona
Mercadona is the leading grocery store brand in Spain, with an estimated market share of around 25%. The company is known for its extensive network of stores, offering a wide range of products at competitive prices. In 2020, Mercadona reported a revenue of €25.5 billion, representing a 5% increase from the previous year.
2. Carrefour
Carrefour is another major player in the Spanish grocery retail market, holding a market share of approximately 8%. The company operates a mix of hypermarkets, supermarkets, and convenience stores across the country. In 2020, Carrefour Spain generated a revenue of €9.7 billion, experiencing a slight decline compared to the previous year.
3. Lidl
Lidl is a popular discount supermarket chain in Spain, capturing around 6% of the market share. The company is known for its affordable prices and high-quality products. In 2020, Lidl Spain reported a revenue of €5.2 billion, marking a significant increase compared to the previous year.
4. Dia
Dia is a Spanish supermarket chain that holds a market share of approximately 5%. The company operates a network of stores offering a variety of grocery products. In 2020, Dia recorded a revenue of €6.3 billion, showing a slight decrease from the previous year.
5. Eroski
Eroski is a cooperative retail group in Spain, specializing in grocery products and consumer goods. The company holds a market share of around 4% in the Spanish grocery retail market. In 2020, Eroski reported a revenue of €5.1 billion, experiencing a slight decline compared to the previous year.
6. Auchan
Auchan is a French multinational retail group that operates under the brand name Alcampo in Spain. The company holds a market share of approximately 3% in the Spanish grocery retail market. In 2020, Auchan Spain generated a revenue of €4.2 billion, showing a slight increase compared to the previous year.
7. El Corte Inglés
El Corte Inglés is a major department store chain in Spain that also offers a wide range of grocery products. The company holds a market share of around 3% in the Spanish grocery retail market. In 2020, El Corte Inglés recorded a revenue of €3.9 billion, experiencing a slight decline compared to the previous year.
8. Consum
Consum is a Spanish supermarket chain that operates as a consumer cooperative. The company holds a market share of approximately 2% in the Spanish grocery retail market. In 2020, Consum reported a revenue of €2.6 billion, marking a slight increase compared to the previous year.
9. Covirán
Covirán is a Spanish cooperative retail group that specializes in grocery products and convenience stores. The company holds a market share of around 2% in the Spanish grocery retail market. In 2020, Covirán generated a revenue of €2.4 billion, showing a slight decrease compared to the previous year.
10. Caprabo
Caprabo is a supermarket chain in Spain that operates a network of stores primarily in Catalonia. The company holds a market share of approximately 2% in the Spanish grocery retail market. In 2020, Caprabo recorded a revenue of €2.3 billion, experiencing a slight decline compared to the previous year.
Overall, the grocery retail market in Spain is characterized by intense competition among major players vying for market share. While Mercadona remains the dominant player in the market, other brands like Carrefour, Lidl, and Dia are also key players shaping the grocery retail landscape in Spain. With changing consumer preferences and evolving market dynamics, these grocery store brands continue to adapt and innovate to stay competitive in the market.