Food Retail Market

Food Retail Market Study by Food and Groceries for Supermarkets/Hypermarkets, Independent & Specialty Retails, and Convenience Stores from 2024 to 2034

Analysis of Food Retail Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Food Retail Market Outlook (2024 to 2034)

The valuation of the global food retail market is estimated at US$ 12,588.8 billion in 2024 and has been evaluated to rise at a CAGR of 5.5% to reach US$ 21,503.5 billion by the end of 2034. The market is projected to expand at a steady rate over the coming years as food retail companies opt for innovative strategies to expand their customer base and increase their investment budgets.

  • Costco opened its new branch in Daytona Beach on February 24, 2024, attracting a large crowd of customers and unlocking a new region for sales and growth.
  • On May 17, Walmart Inc. reported a 22% surge in online sales in the United States for its first quarter of fiscal 2025, ending on April 30, 2024. During the same period, international e-commerce grew by 19%, with global e-commerce sales rising by 21%.

Food retailers are directing attention toward understanding consumers' needs, improving their supply chain, and modernizing their marketing strategies.

Key Market Growth Drivers

  • The food industry is enduring and relatively free from negative impacts, providing a favorable environment for food retail companies to enter the market and increase their revenue.
  • Food retail options simplify access to food ingredients at lower costs by eliminating middlemen, which enhances their appeal and popularity among customers.
  • Preference among consumers for healthier, organic, and ethically sourced foods is driving product innovation and marketing strategies in the food retail market.
  • Increasing urbanization and busy lifestyles are boosting demand for convenience food, which is available in diverse forms across retail outlets.
Report Attribute Detail
Food Retail Market Size (2024E) US$ 12,588.8 Billion
Forecasted Market Value (2034F) US$ 21,503.5 Billion
Global Market Growth Rate (2024 to 2034) 5.5% CAGR
Canada Market Growth Rate (2024 to 2034) 6% CAGR
China Market Value (2034F) US$ 2,359.5 Billion
North America Market Share (2024E) 23.9%
East Asia Market Share (2034F) 23.1%
Key Companies Profiled The Kroger Company; Amazon.com Inc.; 7-Eleven; The Schwarz Group; Tesco Plc; Target Corporation; Costco Wholesale Corporation; Amartex Family Mart; Walmart Inc.; Anay Groceries.

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What Should Food Retailers Keep in Mind?

“Growing Customer Preference for Healthier, Organic, and Sustainable Food Options”

Food retail market growth is driven by rising consumer spending, a preference for supermarket shopping, and increasing demand for private label products. With the rapid expansion of supermarket and hypermarket segments, the prominence of independent and specialty retailers is projected to shrink over the forecast period.

  • On May 29, 2024, The Kroger Co. launched Abound pet food products, which were made immediately available in redesigned packaging as part of the company's expansion of its private label pet food line.
  • Walmart introduced a new private-label food brand on April 30, 2024, while competing merchants were expanding their collections and striving to enhance and broaden their offerings.

The number of shoppers at brick-and-mortar stores decreases each year.

  • According to Forbes, Amazon holds the largest market share among e-Commerce companies, capturing 37.6% of all online transactions. With the convenience of international shipping and easy online ordering, online consumers are less concerned about purchasing products from abroad. Globally, 52% of online shoppers now make purchases from both local and international websites.

Offering additional shipping options to international customers could be a viable tactic to increase sales.

“Inefficient Supply Chain and Geopolitical Conflicts Disrupting Market Stability”

The inefficiency of the supply chain and the threat posed by unorganized companies are significant issues for the industry. However, these challenges are being offset by the expanding middle class and the increase in online retail sales, which are creating growth opportunities for the sector.

Primary market constraints include the risk from unorganized food sellers and the inefficiency of the supply chain. In less developed countries, the long-term impact of inefficient supply chains is expected to be minimal, though substantial in the short and medium term. These factors hinder the expansion of the food retail market size.

Government infrastructure investments and the entry of international food processing corporations into developing nations are expected to mitigate the impact of supply chain-related constraints.

  • In 2024, a new set of challenges will emerge for the global food supply system. Ongoing attacks by Houthi rebels on cargo ships in the Red Sea have forced carriers to avoid the route, significantly straining supply systems already under pressure from the conflict in Ukraine.

Country-wise Evaluation

The market in Japan is forecast to expand at a CAGR of 6% from 2024 to 2034. The country is projected to occupy a food retail market share of 29.4% in East Asia by the end of 2034.

How is the Market Shaping Up in Response to Evolving Consumer Preferences in the United States?

“Market Benefitting from Adaptation of Traditional Grocery Chains to Digital Transformation”

Attribute United States
Market Value (2024E) US$ 1,338.9 Billion
Growth Rate (2024 to 2034) 5.9% CAGR
Projected Value (2034F) US$ 2,382.8 Billion

Factors such as changing consumer preferences towards healthier options, increased demand for online grocery shopping, and the rise of convenience-oriented formats like meal kits are important food retail market trends in the United States. In addition, there is a growing emphasis on sustainability, with consumers favoring brands that demonstrate ethical sourcing and environmental responsibility.

Traditional grocery chains are adapting to digital transformation while facing competition from e-commerce giants and niche players in the face of fierce competition. Regulatory changes, economic conditions, and technological innovations further influence the market's trajectory, making it dynamic and responsive to evolving consumer demands.

What’s Benefitting Food Retailers in South Korea?

“Government Initiatives Promoting Trade Relations with Other Countries”

Attribute South Korea
Market Value (2024E) US$ 626 Billion
Growth Rate (2024 to 2034) 6.2% CAGR
Projected Value (2034F) US$ 1,147.4 Billion

The government in South Korea is actively promoting diplomacy and trade relations with neighboring countries and across the East Asia region. Strong diplomatic ties and trade agreements contribute to a positive international perception of South Korean products and brands.

  • According to the Foreign Agricultural Services, exports of agricultural products from the United States to South Korea soared to a record US$ 9.5 billion in 2022, marking a 2% increase from 2021. This is leading to the success of the free trade agreement (KORUS) between South Korea and the United States and robust demand for high-quality American food products, solidifying South Korea's position as the sixth-largest export market for the United States.

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Category-wise Evaluation

Based on distribution channel, the supermarket/hypermarket segment is evaluated to expand at a CAGR of 5.6% from 2024 to 2034.

Which Benefits of Convenience Stores Entice Consumers?

“Longer Operating Hours and Diverse Product Selection”

Attribute Convenience Stores
Segment Value (2024E) US$ 2,882.8 Billion
Growth Rate (2024 to 2034) 6.4% CAGR
Projected Value (2034F) US$ 5,354.4 Billion

Extended operating hours in convenience stores are winning the hearts of end users, and more people are enjoying benefits such as the availability of product mixes, low prices, and nearby locations.

  • Newly released statistics from the National Association of Convenience Stores (NACS) indicate that 2023 witnessed record sales in convenience stores. In 2023, the convenience business generated US$ 859.8 billion in revenues, with US$ 327.6 billion coming from in-store sales. The average basket amount spent by patrons on each visit rose to US$ 7.8 billion, a 3.7% rise.

Business Landscape

Key players in the food retail industry are integrating new technologies into their operations, including e-commerce platforms, social media strategies, and advanced software. These innovations aim to improve consumer experiences. In addition, these players are diversifying their offerings by introducing new product categories such as online grocery delivery, health-focused foods, food logistics solutions, and food preservation methods, thereby adapting to evolving consumer preferences.

  • In September 2023, C&S Wholesale Grocers, LLC, Kroger Co., and Albertsons Companies Inc. formally finalized a contract for the sale of specific stores, banners, distribution facilities, offices, and private label brands. This merger, initially announced on October 14, 2022, included this transaction.
  • C&S Wholesale Grocers, LLC (C&S), a prominent player in the US wholesale grocery market and supply chain solutions, publicly announced its acquisition of 413 stores, 8 distribution facilities, and 2 offices in September 2023. These assets became available due to the anticipated merger of The Kroger Co. with Albertsons Companies, Inc.

Fact.MR provides detailed information about the price points of key food retail companies positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Key Segments of Food Retail Market Research

  • By Product Type :

    • Food
    • Groceries
  • By Category :

    • Packed
    • Unpacked
  • By Distribution Channel :

    • Supermarkets/Hypermarkets
    • Independent & Specialist Retail Outlets
    • Convenience Stores
    • Others
  • By Region :

    • North America
    • Latin America
    • Eastern Europe
    • Western Europe
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    6.1. Category

    6.2. Product Type

    6.3. Distribution Channel

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Category

    7.1. Packed

    7.2. Unpacked

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type

    8.1. Food

    8.2. Groceries

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Distribution Channel

    9.1. Supermarkets/Hypermarkets

    9.2. Independent & Specialist Retail Outlets

    9.3. Convenience Stores

    9.4. Others

10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region

    10.1. North America

    10.2. Latin America

    10.3. Western Europe

    10.4. Eastern Europe

    10.5. East Asia

    10.6. South Asia & Pacific

    10.7. Middle East & Africa

11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

18. Sales Forecast 2024 to 2034 by Category, Product Type, Distribution Channel, and Region for 30 Countries

19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

20. Company Profile

    20.1. The Kroger Company

    20.2. Amazon.com Inc.

    20.3. 7-Eleven

    20.4. The Schwarz Group

    20.5. Tesco Plc

    20.6. Target Corporation

    20.7. Costco Wholesale Corporation

    20.8. Amartex Family Mart

    20.9. Walmart Inc.

    20.10. Anay Groceries

21. Assumptions and Acronyms Categoryd

22. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Category, 2019 to 2023

Table 02: Global Market Value (US$ Mn) Analysis, by Category, 2024 to 2034

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Category, 2024 to 2034

Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 07: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 08: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 16: North America Market Value (US$ Mn) Analysis, by Category, 2019 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Category, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Category, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 22: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 23: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 28: Latin America Market Value (US$ Mn) Analysis, by Category, 2019 to 2023

Table 29: Latin America Market Value (US$ Mn) Analysis, by Category, 2024 to 2034

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Category, 2024 to 2034

Table 31: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 32: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 34: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 35: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Western Europe Market Value (US$ Mn) Analysis, by Category, 2019 to 2023

Table 41: Western Europe Market Value (US$ Mn) Analysis, by Category, 2024 to 2034

Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Category, 2024 to 2034

Table 43: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 44: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 46: Western Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 47: Western Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Category, 2019 to 2023

Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Category, 2024 to 2034

Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Category, 2024 to 2034

Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 64: East Asia Market Value (US$ Mn) Analysis, by Category, 2019 to 2023

Table 65: East Asia Market Value (US$ Mn) Analysis, by Category, 2024 to 2034

Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Category, 2024 to 2034

Table 67: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 68: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 70: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 71: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Category, 2019 to 2023

Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Category, 2024 to 2034

Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Category, 2024 to 2034

Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 88: MEA Market Value (US$ Mn) Analysis, by Category, 2019 to 2023

Table 89: MEA Market Value (US$ Mn) Analysis, by Category, 2024 to 2034

Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Category, 2024 to 2034

Table 91: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023

Table 92: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 94: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023

Table 95: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034

Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 05: Global Market Share and BPS Analysis by Category, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Projections by Category, 2024 to 2034

Figure 07: Global Market Attractiveness Analysis by Category, 2024 to 2034

Figure 08: Global Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 21: North America Market Share Analysis by Country, 2024 & 2034

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 24: North America Market Share and BPS Analysis by Category, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Category, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Category, 2024 to 2034

Figure 27: North America Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 30: North America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 31: North America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 32: North America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 40: Latin America Market Share and BPS Analysis by Category, 2024 & 2034

Figure 41: Latin America Market Y-o-Y Growth Projections by Category, 2024 to 2034

Figure 42: Latin America Market Attractiveness Analysis by Category, 2024 to 2034

Figure 43: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 44: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 45: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 46: Latin America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 47: Latin America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 48: Latin America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034

Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 56: Western Europe Market Share and BPS Analysis by Category, 2024 & 2034

Figure 57: Western Europe Market Y-o-Y Growth Projections by Category, 2024 to 2034

Figure 58: Western Europe Market Attractiveness Analysis by Category, 2024 to 2034

Figure 59: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 60: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 61: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 62: Western Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 63: Western Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 64: Western Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034

Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 73: Eastern Europe Market Share and BPS Analysis by Category, 2024 & 2034

Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Category, 2024 to 2034

Figure 75: Eastern Europe Market Attractiveness Analysis by Category, 2024 to 2034

Figure 76: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 78: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 79: Eastern Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 81: Eastern Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 89: East Asia Market Share and BPS Analysis by Category, 2024 & 2034

Figure 90: East Asia Market Y-o-Y Growth Projections by Category, 2024 to 2034

Figure 91: East Asia Market Attractiveness Analysis by Category, 2024 to 2034

Figure 92: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 93: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 94: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 95: East Asia Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 96: East Asia Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 97: East Asia Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034

Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034

Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034

Figure 105: South Asia & Pacific Market Share and BPS Analysis by Category, 2024 & 2034

Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Category, 2024 to 2034

Figure 107: South Asia & Pacific Market Attractiveness Analysis by Category, 2024 to 2034

Figure 108: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 110: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 111: South Asia & Pacific Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 113: South Asia & Pacific Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 118: MEA Market Share Analysis by Country, 2024 & 2034

Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 121: MEA Market Share and BPS Analysis by Category, 2024 & 2034

Figure 122: MEA Market Y-o-Y Growth Projections by Category, 2024 to 2034

Figure 123: MEA Market Attractiveness Analysis by Category, 2024 to 2034

Figure 124: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 125: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 126: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 127: MEA Market Share and BPS Analysis by Distribution Channel, 2024 & 2034

Figure 128: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034

Figure 129: MEA Market Attractiveness Analysis by Distribution Channel, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the food retail market currently?

The global market for food retail is expected to reach US$ 12,588.8 billion in 2024.

What are the global market projections for the next decade?

The food retail market is calculated to expand at a CAGR of 5.5% and reach a valuation of US$ 21,503.5 billion by 2034.

What are the market estimations for food retail in Japan?

The market in Japan is foreseen to advance at a CAGR of 6% between 2024 and 2034.

Who are the leading food retail suppliers?

Leading players in the market are The Kroger Company, Amazon.com Inc, 7-Eleven, and The Schwarz Group.

Which distribution channel is preferred in this business space?

The convenience stores segment is forecasted to reach US$ 5,354.4 billion by the end of 2034.

What is the market scenario for food retail in Canada?

The market in Canada is forecasted to expand at a CAGR of 6% between 2024 and 2034.

- Also of Interest -

Food Logistics Market

Food Logistics Market Study by Warehousing, Distribution, and Value-added Services for Fish & Meat, Vegetables, Fruits & Nuts, Cereals, Bakery & Dairy Products, and Others from 2024 to 2034

Online Grocery Delivery Services Market

Online Grocery Delivery Services Market By Product (Online Grocery Delivery Services for Fruits, Vegetables, Dairy Products, Fresh Products, Frozen Foods and Other Food Products), By Region - Global Market Insights 2021 to 2031

Food Retail Market

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