Food & Grocery Retail Market by Product Type (Fresh Food, Packaged Food, Beverages, Cleaning & Household, Food Cupboard, Other Product Types), Distribution Channel, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Food & Grocery Retail Market Size

The food & grocery retail market size was valued at $12.78 trillion in 2023 and is projected to reach $17.72 trillion by 2029, growing at a CAGR of 5.6% from 2023 to 2029.

Food & Grocery Retail Market Overview

Food and grocery retail encompasses the sector of the retail industry that focuses on the sale of food products and essential household items to consumers. This category includes a wide range of products such as fresh produce, packaged foods, beverages, dairy, meat, and various household necessities. Food and grocery retail can be conducted through various channels, including supermarkets, hypermarkets, convenience stores, specialty food stores, and increasingly through online platforms. This sector plays a vital role in meeting the daily needs of consumers, providing a diverse array of food options and household essentials. With the evolution of consumer preferences and the rise of e-commerce, food and grocery retail has experienced significant transformations in recent years, with a growing emphasis on convenience, sustainability, and technology-driven shopping experiences.

Market Dynamics:

Growth Drivers

• Rising demand for convenience foods.
• Increased inclination for online grocery shopping.

Constraints

• Regulatory compliance and standards.
• Sustainability concerns.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Based on product type, the market is bifurcated into fresh food, packaged food, beverages, cleaning & household, food cupboard, and  other product types.

By distribution channel, the market is fragmented into convenience stores, online retail, supermarkets/hypermarkets, and other distribution channels.

List of the Key Players Profiled in the Report Includes:

• Ahold Delhaize N.V.
• Albertsons Companies, Inc.
• com, Inc.
• Carrefour S.A.
• Costco Wholesale Corporation
• Seven & i Holdings Co., Ltd.
• Tesco PLC
• The Kroger Co.
• Walmart Inc.
• Woolworths Group Limited

Market by, Geography:

The Food & Grocery Retail market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

The report “Global Food & Grocery Retail Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Food & Grocery Retail Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Food & Grocery Retail Market by, Product Type 
 6.1 Overview 
 6.2 Fresh Food 
 6.3 Packaged Food 
 6.4 Beverages 
 6.5 Cleaning & Household 
 6.6 Food Cupboard 
 6.7 Other Product Types 
 
7 Global Food & Grocery Retail Market by, Distribution Channel 
 7.1 Overview 
 7.2 Convenience Stores 
 7.3 Online Retail 
 7.4 Supermarkets/Hypermarkets 
 7.5 Other Distribution Channels 
 
8 Global Food & Grocery Retail Market by, Geography 
 8.1 Overview 
 8.2 North America 
 8.2.1 US
 8.2.2 Canada
 8.2.3 Mexico
 8.3 Europe 
 8.3.1 Germany
 8.3.2 France
 8.3.3 UK
 8.3.4 Italy
 8.3.5 Spain
 8.3.6 Rest of Europe
 8.4 Asia Pacific 
 8.4.1 China
 8.4.2 Japan
 8.4.3 India
 8.4.4 South Korea
 8.4.5 Australia
 8.4.6 New Zealand
 8.4.7 Rest of Asia Pacific
 8.5 South America 
 8.5.1 Brazil
 8.5.2 Argentina
 8.5.3 Chile
 8.5.4 Rest of South America
 8.6 Middle East & Africa 
 8.6.1 UAE
 8.6.2 Saudi Arabia
 8.6.3 Qatar
 8.6.4 Iran
 8.6.5 South Africa
 8.6.6 Rest of Middle East & Africa
 
9 Key Developments 
 
10 Company Profiling 
 10.1 Ahold Delhaize N.V. 
 10.1.1 Business Overview
 10.1.2 Product/Service Offering
 10.1.3 Financial Overview
 10.1.4 SWOT Analysis
 10.1.5 Key Activities
 10.2 Albertsons Companies, Inc. 
 10.3 Amazon.com, Inc. 
 10.4 Carrefour S.A. 
 10.5 Costco Wholesale Corporation 
 10.6 Seven & i Holdings Co., Ltd. 
 10.7 Tesco PLC 
 10.8 The Kroger Co. 
 10.9 Walmart Inc. 
 10.10 Woolworths Group Limited