Global food and grocery retail market is estimated to record a substantial CAGR of more than 5.0% during the forecast period . The growth is intensified owing to the increasing demand for groceries induced by increasing requirements for day to day commodities. Also, urbanization is at an all-time high with more and more people coming to live in the cities which are giving the retailers to expand their horizons in the developing countries. Demand for luxury and ready-to-eat food items will result in higher spending on food and groceries augmenting the growth of the market.
The rapid rise of e-commerce has also played a pivotal role in the food and grocery market with more and more companies offering e-retailing. There is a tremendous shift toward e-commerce retailing with more individuals now preferring at home services especially after the outbreak of the pandemic. With the COVID-19 growing strong, the prospect of e-retailing is exceptionally high. More and more retailers are expected to turn to e-retailing in the near future.
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Market Coverage
- Market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered- by Product and Distribution Channel
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Ahold Delhaize, ALDI, Carrefour S.A., Sysco Corporation, and Walmart Inc.
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Food and Grocery Retail Market Report – Segmentation
By Product
- Packaged Foods
- Unpackaged Foods
- Beverages
- Other Household Products
By Distribution Channel
- Online
- Offline (Brick & Mortar)
Food and Grocery Retail Market Report Segment – By Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- 7-Eleven Inc.
- AEON Co., Ltd.
- Amazon.com, Inc.
- Albertsons Companies, Inc.
- ALDI Inc.
- Carrefour S.A.
- Companhia Brasileira de Distribuicao
- Costco Wholesale Corp.
- Future Retail Ltd.
- H?E?B, LP
- ICA Gruppen AB
- Koninklijke Ahold N.V.
- President Chain Store Corp.
- Publix Super Markets, Inc.
- RT-MART International Ltd.
- Safeway Inc.
- Schwarz Gruppe
- Sun Art Retail Group Ltd.
- Sysco Corp.
- Target Corp.
- Tesco PLC
- The Kroger Co.
- The Shoprite Group of Companies
- US Foods, Inc.
- Walmart Inc.
- Woolworths Group Ltd.
- Wesfarmers Ltd.
- Yonghui Superstores Co., Ltd.
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