Global Food and Grocery Retail Market Growth, Size, Share, Industry Report and Forecast 2020-2026

Global food and grocery retail market is estimated to record a substantial CAGR of more than 5.0% during the forecast period (2020-2026). The global retail industry is on an all-time high as global economies have continued to perform exceptionally well, stimulating the retail sales and profitability. The past few years have seen noteworthy developments in the overall retail and e-retail space all around the globe. More and more convenience store chains are seeking to tap into the area of traditional groceries through business-to-business e-commerce with a digital wholesale marketplace. The boom of urbanization has played a significant role in the acceleration of the food and grocery retail market. As projected by the UN (United Nations), around 68% of the global population is expected to live in urban areas by 2050 against 55% in 2018. Moreover, during the forecast period, the global population will increase from 7.71 trillion in 2019 to nearly 8.26 trillion in 2026. Increasing urbanization is one of the key factors that foretell the potential of the global food and grocery retail market.   

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According to Orion’s estimation, food and grocery e-commerce is expected to witness record-breaking growth in not only the developing nations but in developed countries as well. The category is expected to be the fastest-growing one in e-retail space. Customers are increasingly asking for faster deliveries across the e-commerce space, which sets the tone for the food and grocery e-retail market. Giants such as Amazon, Walmart Inc., and Kroger, among more have taken a huge step towards expanding their footprints into the area of modern grocery retailing, increasing their offerings and reach significantly, which in turn is stimulating the global food and grocery retail market growth.

Market Coverage

·         Market number available for – 2019-2026

·         Base year- 2019

·         Forecast period- 2020-2026

·         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?

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A full Report of Global Food and Grocery Retail Market is Available at: https://www.omrglobal.com/industry-reports/food-and-grocery-retail-market

Global Food and Grocery Retail Market Report - Segmentation

By Product

·         Packaged Foods

·         Unpackaged Foods

·         Beverages 

·         Other Household Products

By Distribution Channel

·         Online 

·         Offline (Brick & Mortar)

Global 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.

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/food-and-grocery-retail-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

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