Report cover image

Food & Grocery Retail in Hungary

Publisher MarketLine
Published Aug 23, 2024
Length 38 Pages
SKU # MTLN19275328

Description

Food & Grocery Retail in Hungary


Summary

Food & Grocery Retail in Hungary industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
  • The Hungarian food & grocery retail market recorded revenues of $27.7 billion in 2023, representing a compound annual growth rate (CAGR) of 4.6% between 2018 and 2023.
  • The food segment accounted for the market's largest proportion in 2023, with total revenues of $18 billion, equivalent to 65.2% of the market's overall value.
  • Rising consumer confidence is a key driver for the food & grocery retail market, as consumers are more willing to spend on higher-quality products that align with their lifestyle and health priorities. According to the Organisation for Economic Co-operation and Development (OECD), the consumer confidence index in Hungary reached 99.02 in August 2023, up from 97.68 in August 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in Hungary
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in Hungary
  • Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Hungary food & grocery retail market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Hungary food & grocery retail market by value in 2023?
  • What will be the size of the Hungary food & grocery retail market in 2028?
  • What factors are affecting the strength of competition in the Hungary food & grocery retail market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Hungary's food & grocery retail market?

Table of Contents

38 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of leading players?
7.3. What are the most recent developments in the market?
8 Company Profiles
8.1. LIDL Magyarorszag Kereskedelmi Bt.
8.2. Aldi Einkauf GmbH & Co oHG
8.3. Tesco PLC
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Hungary food & grocery retail market value: $ million, 2018-23
Table 2: Hungary food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: Hungary food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: Hungary food & grocery retail market geography segmentation: $ million, 2023
Table 5: Hungary food & grocery retail market value forecast: $ million, 2023-28
Table 6: LIDL Magyarorszag Kereskedelmi Bt.: key facts
Table 7: Aldi Einkauf GmbH & Co oHG: key facts
Table 8: Aldi Einkauf GmbH & Co oHG: Key Employees
Table 9: Tesco PLC: key facts
Table 10: Tesco PLC: Annual Financial Ratios
Table 11: Tesco PLC: Key Employees
Table 12: Tesco PLC: Key Employees Continued
Table 13: Hungary size of population (million), 2019-23
Table 14: Hungary real gdp (constant 2010 prices, $ billion), 2019-23
Table 15: Hungary gdp (current prices, $ billion), 2019-23
Table 16: Hungary inflation, 2019-23
Table 17: Hungary consumer price index (absolute), 2019-23
Table 18: Hungary exchange rate, 2018-23
List of Figures
Figure 1: Hungary food & grocery retail market value: $ million, 2018-23
Figure 2: Hungary food & grocery retail market category segmentation: $ million, 2018-2023
Figure 3: Hungary food & grocery retail market geography segmentation: % share, by value, 2023
Figure 4: Hungary food & grocery retail market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the food & grocery retail market in Hungary, 2023
Figure 6: Drivers of buyer power in the food & grocery retail market in Hungary, 2023
Figure 7: Drivers of supplier power in the food & grocery retail market in Hungary, 2023
Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in Hungary, 2023
Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in Hungary, 2023
Figure 10: Drivers of degree of rivalry in the food & grocery retail market in Hungary, 2023

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us