The Future of the Grocery Retail Market in Benin to 2021
This report provides in depth data on the grocery retail market in Benin. It features historic data and five year forecasts for market value and per capita spend in the grocery market. Our data also includes the number of outlets in the store universe by channel and channel values for open market vendors, small stores and kiosks, medium stores, supermarkets, hypermarkets and forecourt retailers.
It also analyses the competitive landscape in Benin with data on the leading domestic and international store networks. Trendtype's proprietary data supports a detailed analysis of the risks and market opportunity in Benin and assesses its market attractiveness for retailers.
- Assess the key drivers of grocery retail market growth in Benin - Quantify the size of the grocery retail market with forecasts through to 2021 - Understand the size and structure of the store universe in Benin - Quantify sales by channel and the size of the modern and traditional channels - Identify the leading domestic and international supermarket chains and the competitive landscape - Analyse the market opportunity, attractiveness, risk factors and future outlook for Benin
- What are the key drivers of the grocery retail market in Benin? - What is the market size and value of the grocery retail market? - What is size and structure of the store universe? - What is the value of each grocery retail channel? - Who are the leading domestic and international supermarket chains? - What are the winning strategies for success in Benin? - How attractive is Benin as a grocery retail market compared to other countries in Africa and West Africa? - How will grocery retail spend overall and per capita grow through to 2021?
- Between 2016 and 2050, the population of Benin will nearly double, up from 11.2m to 22.1m. - Over the next five years we estimate that its economy will grow at a CAGR 7.3%. - Compared to other countries in West Africa, Benin is slightly lower risk. - Although per capita spend is below the average in the region, it will rise through to 2021 past the $200 mark. - Our investment assessment for Benin presents a picture of a market that will likely become more attractive for existing supermarket retailers in West Africa.