Food & Grocery Retail Market Report 2024 by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The global Food & Grocery Retail Market size is projected to reach a CAGR of 5.2% from 2023-2030.
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A Food and Grocery Retail Market is a store that sells food and other small household items including meat, fresh dairy products, fresh dairy produce, bakery items, baby foods, cleaning products, beverages, vegetables, and fruits, cooking oil, frozen foods, and more. Food and groceries are necessities, and Food and Grocery Retailers facilitate all of these necessities in a single place with suitable price discounts and numerous other offers.
The demand for groceries is rising rapidly in response to the increasing demand for daily needs. This is one of the main factors driving the Food and Grocery Retail industry. Moreover, with the world’s population increasing, most people require regular groceries for basic survival. The global Food And Grocery Retail industry is expanding rapidly grow as a result of factors including rapid urbanization and industrialization. As people’s standard of living enhances, they demand higher-quality food.
Competitive Landscape:
• Walmart
• Costco Wholesale Corporation
• 7-ELEVEN, Inc.
• Amazon.com Inc
• The Kroger Co.
• Target Brands, Inc.
• ALDI
• AEON Co Ltd
• Carrefour CA
• Schwarz Gruppe
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Recent Developments
In January 2021, Alimentation Couche-Tard Inc., a Canadian convenience store company acquired Carrefour S.A., a French multinational retail company to launch its 26,000 food and grocery stores in U.S. and Canada.
October 18, 2022 — Walmart announced the launch of a new platform designed around creators. The program is called Walmart Creator and it is a one-stop portal that makes it easy for creators to monetize shoppable products from the retailer. Walmart believes anyone can be a creator, and the product democratizes the tools and resources needed to do so.
The food & Grocery Retail Market is segmented into various segments such as product, distribution channel, and region:
Based on product
• Fresh Food
• Frozen Food
• Food Cupboard
• Beverages
• Cleaning & Household
• Others
Based on the distribution channel
• Supermarkets & Hypermarkets
• Convenience Stores, Departmental Stores & Clubs
• Online
Based on region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
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In addition to the market data for Food & Grocery Retail Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirements.
Reasons to Acquire
Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
Gain authentic and granular data access for Food & Grocery Retail Market to understand the trends and the factors involved in changing market situations.
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
Frequently Asked Questions:
What are the years considered to study Food & Grocery Retail Market intelligence report?
The Food & Grocery Retail Market is studied from 2023-2030.
What is the compound annual growth rate (CAGR) of the Food & Grocery Retail Market?
The Food & Grocery Retail Market is growing at a CAGR of 5.2% during the forecast period.
Which region holds the largest market share in Food & Grocery Retail Market?
North America holds the highest share in 2022 for Food & Grocery Retail Market.
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About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
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