Analyst Edge by Ascential has released its annual European food retail ranking forecast for 2021. Three German chains top the list. Based on turnover, Schwarz Group is first with estimated revenues of 144.57 billion euros, for a growth of 5.3%. More than three quarters of the turnover can be attributed to its subsidiary Lidl. In second place, at a large distance, is Rewe, which is expected to grow by 4.5% to 81.33 billion euros this year. Third is Aldi, which is forecast to grow by 6.6% to a turnover of 75,48 billion euros. UK market leader Tesco is in fourth place, ending the year with 73,54 billion euros of sales, a decline of five percent. German market leader Edeka follows with a turnover of 69,87 billion euros.
The next four places are held by French retailers Carrefour, E. Leclerc, Auchan and ITM (Intermarché), followed by Dutch Ahold Delhaize, which is expected to have a turnover of 35.5 billion euros. This corresponds to a growth of 8.3%, the highest growth among the top ten companies.
As for other countries, the first Russian retailer is the X5 Retail Group on the 12th spot, Spanish chain Mercadona is 13th, Polish Eurocash 15th, Italian Conad 17th, Swiss Coop is 18th, Portuguese Jerónimo Martins 22nd, Swedish ICA Group 23rd, Finnish Kesko 37th, Danish Salling Group 39th, Norwegian Reitan Group 40st, Belgian Colruyt 44th and Irish Musgrave ends the list in 50st place.