Market share of selected grocery retailers in Sweden 2020

As of 2020, ICA Gruppen AB had, based on sales, a market share of about 52 percent in Sweden. It was ahead of Axfood, Coop, Bergendahls and Lidl. In this year, the Swedish grocery retail group ICA operated almost 1.3 thousand stores in the country. Most of these stores were from the ICA Nära chain, followed by ICA Supermarket, ICA Kvantum and Maxi ICA Stormarknad.

Operating profit of ICA Sweden

In the period from 2014 to 2020, ICA’s operating profit fluctuated slightly. It reached its peak in 2020, with an operating profit of approximately 4.2 billion Swedish kronor.

Second largest player: Axfood Group

From 2012 to 2020, Axfood’s operating profit in Sweden increased constantly. The grocery retailer generated its highest operating profit by the end of this period, amounting to around 2.5 billion Swedish kronor.