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.