Across the forecast period, prices are set to stabilise, returning to levels similar to those seen prior to the outbreak of COVID-19. The country is also set to experience an increase in per capita income, with consumers having a higher disposable income to spend on grocery purchases.
Small local grocers will remain leaders in the grocery category over the forecast period, helped along by the limited development of hypermarkets and supermarkets outside of Montevideo. In addition, consumers often prefer the more traditional, smaller format.
One potential area of growth for small local grocers would be more specialised chains, such as butchers or green grocers. There are examples of this in neighbouring countries, with chains mainly operating under a franchise model, which enables a business owner to set up a store with less investment than needed if operating independently.
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Understand the latest market trends and future growth opportunities for the Grocery Retailers industry in Uruguay with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Grocery Retailers industry in Uruguay, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Grocery Retailers
Modern and traditional retailers selling one or more of the following, as the primary focus, from retail outlets, kiosks or market stalls: food, beverages, and/or tobacco. This is the aggregation of convenience retailers, supermarkets, hypermarkets, discounters, warehouse clubs, food/drink/tobacco specialists, and small local grocers.
See All of Our DefinitionsThis report originates from Passport, our Grocery Retailers research and analysis database.
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