The global food and grocery retail market size was valued at $11.7 trillion in 2019 and is expected to grow at a CAGR of 5% from 2021 to 2027. Groceries are growing at a tremendous rate. This is the main reason driving the global food and grocery retail market. Moreover, as the population grows around the world, most people need groceries every day as a basic means of living. The global food and grocery retail market is also seeing a lot of growth for this reason.
Due to rapid urbanization and industrialization, the quality of life is gradually increasing, and as a result, people are demanding quality food. And because grocery is the main food demanded by the general public, the global food and grocery retail market is actively expanding.
A full report of Food & Grocery Retailing Market available at https://www.orionmarketreports.com/food-and-grocery-retail-market/54542/
Food & Grocery Retailing Market: Segmentation
By Distribution Channel
• Supermarkets/Hypermarkets
• Independent and Specialist Retailers
• Convenience Stores
• Others
Major Players of The Industry Include:
• Wal-Mart Stores, Inc.
• Carrefour S.A.
• Tesco Plc.
• Metro AG.
• AEON CO., LTD.
• Seven and I Holdings Co., Ltd.
• The Kroger Co.
• Costco Wholesale Corporation.
• Group Auchan SA.
• REWE Group.
• Other.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
