Food & Grocery Retail Market – Trends Forecast Till 2030

1
Food Grocery Retail Market Overview Outlook
for 2030
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Food Grocery Retail Market Overview Outlook
for 2030
Food Grocery Retail Market, By Product (Food
Cupboard, Beverages), By Distribution Channel
(Supermarkets Hypermarkets, Online) and region
(North America, Europe, Asia-Pacific, Middle East
and Africa and South America). The global Food
Grocery Retail Market size is projected to reach
a CAGR of 5.2 from 2023-2030. Walmart Costco
Wholesale Corporation 7-ELEVEN, Inc. Amazon.com
Inc The Kroger Co. Target Brands, Inc. ALDI
AEON Co Ltd Carrefour CA Schwarz Gruppe are the
major players operating in Food Grocery Retail
Market.
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Market Overview
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 worlds 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 peoples standard of
living enhances, they demand higher-quality food.
Moreover, because groceries are vital foods for
the general public, the Food and Grocery Retail
industry is growing.
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Market Overview
Price and convenience have a substantial impact
on a consumers decision because these are the 2
primary concerns of customers when buying grocery
products. As an outcome, price parity in-store or
online has a beneficial impact on customer
development. Even though it has many drivers, a
few restraints can affect the growth of this
market. The industry can face challenges in the
form of an ineffective supply chain and
challenges from unrecognized players in the
market. The growth can be primarily attributed to
COVID-19 lockdown-induced higher spending on
groceries, increased online-grocery sales volume,
and consumer polarization. The pandemic resulted
in the emergence of consumer polarization where
some consumers scaled up to purchase expensive
products. Furthermore, the pandemic-induced
increased cooking at home has been a major growth
driver for the market growth. The COVID-19
pandemic has altered the food and grocery retail
industry.
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Market Segmentation

• 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

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Market Segmentation

• 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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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.

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Contact Information
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India. The company holds expertise in providing
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reports and consulting services. Delvens
qualitative and quantitative data is highly
utilized by each level from niche to major
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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
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