Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Food And Grocery Retail Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Food And Grocery Retail Industry in 2024 and 2025?
The food and grocery retail market size has grown steadily in recent years. It will grow from $12299.74 billion in 2024 to $12679.54 billion in 2025 at a compound annual growth rate (CAGR) of 3.1%. The growth in the historic period can be attributed to global trade expansion, regulatory compliance, risk management practices, cargo volume fluctuations, emergence of specialized cargo.
What Is the Projected Market Size of the Food And Grocery Retail Market in 2029?
The Food And Grocery Retail Global Market is predicted to reach a value of $14480.04 billion in 2029, growing at a compound annual growth rate (CAGR) of 3.4%.
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What Are the Key Drivers of Food And Grocery Retail Market Growth?
The key drivers in the food and grocery retail market are:
• Growth in the e-commerce sector
• Online transactions for buying and selling of food and grocery products
• Wider audience reach through online platforms
• Expansion of customer base through digital mediums
What Are the Primary Segmentation Categories in the Food And Grocery Retail Market?
The food and grocery retailmarket covered in this report is segmented –
1) By Product: Fresh Food, Frozen Food, Food Cupboard, Beverages, Cleaning And Household
2) By Category: Packed, Unpacked
3) By Distribution channel: Supermarkets And Hypermarkets, Convenience Stores, Departmental Stores And Clubs
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What Are the Major Trends Shaping the Food And Grocery Retail Market in 2025 and Beyond?
The key trends in the food and grocery retail market are:
• Innovations in delivery services are a significant trend within the food and grocery retail market.
• Companies are exploring technology-driven, ultra-fast delivery options to cater to consumer demands.
• The creation of 30-minute delivery models is shaping the future of the market.
• Strategies for immediate delivery services are being implemented to enhance consumer convenience.
Who Are the Emerging Players in the Food And Grocery Retail Market?
Major players in the food and grocery retail market are:
• Wal-Mart Stores Inc.
• Costco Wholesale Corporation
• The Kroger Co.
• Target Brands Inc.
• 7-ELEVEN Inc.
• Carrefour S.A.
• REWE Group
• Lidl Stiftung & Co. KG
• Tesco PLC
• Edeka Zentrale AG & Co. KG
• Aeon Co. Ltd.
• Publix Super Markets Inc.
• Woolworths Group
• J Sainsbury PLC
• Les Mousquetaires
• Auchan Retail
• Aldi Einkauf GmbH & Co. oHG
• Mercadona S.A.
• ASDA Stores Limited
• Coles Group Limited
• Système U
• Wm Morrison Supermarkets Limited
• HEB Grocery Company LP
• Meijer Inc.
• Wakefern Food Corporation
• Kaufland Stiftung & Co. KG
• Fred Meyer Stores Inc.
• Spar International
• Safeway Inc.
• Leclerc SA
Which Regions Are Leading the Growth in the Global Food And Grocery Retail Market?
North America was the largest region in the food and grocery retail market in 2024
