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Sprouts Farmers Market SWOT Analysis

Published by MBA Skool Team in Lifestyle and Retail category Last Updated: August 02, 2023Read time:

Here is a detailed SWOT analysis of Sprouts Farmers Market covering strengths, weaknesses, opportunities and threats.

Sprouts Farmers Market Strengths

  1. Smaller than supermarkets these stores focus more on fresh, healthy food and vitamins or supplements
  2. Offers wide range of fresh food in 150 stores across USA offering wide network and reach.
  3. It offers employment to more than 7000 people making it one of the top employers in the area, creating huge brand value.
  4. Also offers additional attractive services to the customers likeweekly, monthly deals, online coupons, shopping lists, recipes, specials etc.

Above are the strengths in the SWOT Analysis of Sprouts Farmers Market. The strengths of Sprouts Farmers Market looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.

Sprouts Farmers Market Weaknesses

  1. The range of food offered is limited compared to other supermarkets which limit the options available to consumers.
  2. Brand awareness is restricted.
  3. The prices of items are higher than supermarkets and grocery stores which might limit the target group.

These were the weaknesses in the Sprouts Farmers Market SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.

Sprouts Farmers Market Opportunities

  1. More young professionals living away from home and working long hours prefer frozen food. Hence their target group is increasing fast.
  2. Increasing purchasing power parity leading to improved lifestyles e.g – more ready to eat foods
  3. Expand network, wider product range and reach to people by opening up more flagship stores.

Above we covered the opportunities in Sprouts Farmers Market SWOT Analysis. The opportunities for any brand can include prospects of future growth.

Sprouts Farmers Market Threats

  1. Robbery attempts and other threats leadto concerns for property loss.
  2. Intense competition from corner stores, supermarkets, grocery stores and host of other convenience stores.
  3. Lack of large scale space leading to merger of many convenience stores and increase in competition due to merger of many convenience stores.

The threats in the SWOT Analysis of Sprouts Farmers Market are as mentioned above. The threats for any business can be external factors which can negatively impact its business.

Hence this concludes the Sprouts Farmers Market SWOT analysis.

Read Similar SWOT analysis

    1) The Kroger Co.2) Whole Foods Market Inc.3) Trader Joe’s Company

About Sprouts Farmers Market

The table below gives the brand overview along with its target market, segmentation, positioning & USP

Sprouts Farmers Market Overview
Parent Company

Apollo Global Management


Convenience Store


Lifestyle and Retail

Tagline/ Slogan

Farmer’s market


Smaller than supermarkets these stores focus more on fresh, healthy food and vitamins or supplements

Sprouts Farmers Market STP

People who have irregular working hours or work shifts and might go for impromptu purchases

Target Market

Working class professionals who want to buy everyday items like groceries, toiletries, drinks even during a weekend and also late at night as per their convenient time.


Smaller than supermarkets these stores focus more on fresh, healthy food and vitamins or supplements

This article has been researched & authored by the Content & Research Team which comprises of MBA students, management professionals, and industry experts. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

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