Food and grocery retail market is projected to grow at a lucrative CAGR of around 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 food and grocery retail market are segmented on the basis of product and distribution channel. Based on the product, the food and grocery retail market are further segmented into packaged foods, unpackaged foods, beverages, and other household products. Based on distribution channel, the market is segmented into online and offline channels. The packaged foods are expected to record a substantial growth rate with individuals preferring convenience over homemade foods. Also, the growing population across the globe along with the high demand for ready to eat meals is a key factor contributing towards the hefty growth rate of the packaged food segment.
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Market Coverage
- Market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
- 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.
Key questions addressed by the report
- Who is the leader in the market?
- What is the market growth rate of the global food and grocery retail market?
- Which segment and region dominate the market throughout the forecast period?
- Which segment and region will project the fastest growth in the market?
- Where is the investment opportunity?
- How COVID-19 impacted the market?
- Recovery Timeline
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- How players are addressing challenges to sustain growth?
Food and Grocery Retail Market Report – Segmentation
By Product
- Packaged Foods
- Unpackaged Foods
- Beverages
- Other Household Products
By Distribution Channel
- Online
- Offline (Brick & Mortar)
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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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