Food & Grocery Retailing Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027
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.
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.
Key Questions Answered by Food & Grocery Retailing Market Report
- What was the Food & Grocery Retailing Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Food & Grocery Retailing Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Food & Grocery Retailing Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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