Top 10 Organic Food Retailers in Sweden by Market Share
In recent years, the demand for organic food has been steadily increasing in Sweden as consumers become more conscious of the environmental impact and health benefits of organic products. As a result, the organic food market in Sweden has seen significant growth, with several retailers vying for market share. In this report, we will take a closer look at the top 10 organic food retailers in Sweden based on market share.
1. ICA
ICA is one of the leading grocery retailers in Sweden, offering a wide range of organic products to meet the growing demand from consumers. The company has a strong presence in the organic food market, with a significant market share. In 2020, ICA reported a total revenue of approximately 126 billion SEK, with a notable portion coming from organic food sales.
2. Coop
Coop is another major player in the Swedish organic food market, with a diverse selection of organic products available in its stores. The company has been actively promoting organic food and sustainability, attracting a loyal customer base. Coop reported a revenue of around 53 billion SEK in 2020, with a substantial portion attributed to organic food sales.
3. Axfood
Axfood is a prominent player in the Swedish retail industry, with a strong focus on organic and sustainable products. The company operates several grocery store chains, including Willys and Hemköp, which offer a variety of organic food options to customers. In 2020, Axfood reported a revenue of approximately 50 billion SEK, with organic food sales contributing significantly to its overall performance.
4. Lidl
Lidl is a popular discount supermarket chain in Sweden, known for its affordable prices and quality products. The company has been expanding its organic food offerings in response to growing consumer demand. In 2020, Lidl reported a revenue of around 28 billion SEK, with organic food sales playing a key role in its success.
5. Hemköp
Hemköp is a well-known grocery store chain in Sweden that offers a diverse range of organic products to cater to health-conscious consumers. The company has been actively promoting organic food and sustainability, positioning itself as a top player in the organic food market. Hemköp reported a revenue of approximately 12 billion SEK in 2020, with organic food sales contributing significantly to its overall performance.
6. Bergendahls Food
Bergendahls Food is a family-owned company that operates several grocery store chains in Sweden, including City Gross and Matrebellerna. The company has a strong focus on organic and locally sourced products, appealing to consumers looking for high-quality and sustainable food options. Bergendahls Food reported a revenue of around 8 billion SEK in 2020, with organic food sales driving its growth.
7. Netto
Netto is a Danish discount supermarket chain that has a presence in the Swedish market, offering a variety of organic products at competitive prices. The company has been expanding its organic food offerings to meet the growing demand from consumers. In 2020, Netto reported a revenue of approximately 5 billion SEK, with organic food sales contributing to its overall performance.
8. Paradiset
Paradiset is a specialty organic food retailer in Sweden, known for its wide selection of organic, vegan, and gluten-free products. The company focuses on sustainability and transparency, attracting environmentally conscious consumers. Paradiset reported a revenue of around 3 billion SEK in 2020, with organic food sales being a significant part of its business.
9. ICA Nära
ICA Nära is a convenience store chain under the ICA Group that offers a range of organic products to cater to on-the-go consumers. The company has been expanding its organic food offerings to meet the changing preferences of customers. ICA Nära reported a revenue of approximately 2 billion SEK in 2020, with organic food sales contributing to its overall performance.
10. Willys
Willys is a discount supermarket chain under the Axfood Group that offers a variety of organic products at affordable prices. The company has been focusing on expanding its organic food offerings to meet the growing demand from consumers. In 2020, Willys reported a revenue of around 1 billion SEK, with organic food sales playing a significant role in its success.
In conclusion, the organic food market in Sweden is experiencing significant growth, with several retailers competing for market share. The top 10 organic food retailers in Sweden are leading the way in offering a diverse range of organic products to meet the needs of environmentally conscious consumers. As the demand for organic food continues to rise, these retailers are well-positioned to capitalize on this trend and drive further growth in the market.