Market Overview:
The global food retail market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for processed and convenience foods, rising disposable income, and growing urbanization. In terms of type, the internet sales segment is projected to grow at a higher CAGR than store sales during the forecast period. This can be attributed to the increasing penetration of internet and smartphones across regions. By application, the ending consumers segment is estimated to account for a larger share of the global food retail market in 2018.
Product Definition:
Food retail is the sale of food and drink to the public from a retail outlet. The importance of food retail is that it allows consumers to purchase goods directly from retailers, which in turn allows them to save money on groceries and have a greater variety of products available to them.
Internet Sales:
Internet sales in the food retail market is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to factors such as increasing penetration of internet, smartphones & tablets, and changing consumer buying patterns. Internet sales channel has been witnessing significant changes over the past few years owing to developments in online payment technologies and e-commerce software systems which have resulted into increased acceptance by retailers for online purchases.
Store Sales:
Store sales is the revenue generated from the sale of goods and services in a retail store. It includes all types of sales including consumer, non-consumer, and promotional. The major application areas include food retail, general merchandise stores (departmental stores), convenience stores/hypermarkets, electronics/media shops etc.
Application Insights:
The others application segment includes food service, warehouse clubs and hypermarkets. The food service segment is expected to witness the highest growth over the forecast period owing to increasing demand for packaged foods in developed economies such as Germany, U.K., France and Spain. Furthermore, rising penetration of online food services is further anticipated to fuel industry growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high internet penetration and changing consumer shopping patterns. Asia Pacific is projected to be the fastest-growing regional market over the forecast years due to increasing disposable income levels, rising urban population, and expanding middle-class population groups. Moreover, improving standards of living are anticipated to drive retail growth in developing countries such as China and India over the coming years. Furthermore, e-commerce companies are acquiring traditional retailers at a rapid pace in order for them expand their business footprint across emerging economies with growing customer demand for food products online shopping platforms such as Flipkart & Amazon). This trend will have a positive impact on industry growth over time by enabling these players access untapped markets thereby boosting revenue generation capacities of retailers operating within this space (e-commerce & offline).
Growth Factors:
- Increasing urbanization and disposable income: The global food retail market is expected to grow at a CAGR of 5.4% from 2016 to 2021, owing to the increasing urbanization and disposable income across the world.
- Rising demand for convenience foods: The growing demand for convenience foods is another major factor driving the growth of this market. Convenience foods are those that can be easily prepared and consumed, without any major preparation time or hassle involved. They are generally ready-to-eat or ready-to-cook products that do not require any additional ingredients or cooking time, making them ideal for busy people on the go. This segment is growing rapidly due to changing lifestyles and hectic schedules of consumers worldwide.
- Proliferation of supermarkets and hypermarkets: Supermarkets and hypermarkets are becoming increasingly popular as shopping destinations for consumers looking for convenient one-stop solutions for all their grocery needs. They offer a large variety of food items under one roof, making it easier for shoppers to find what they need quickly and conveniently without having to go from store to store in search of specific items or brands.. This trend is contributing significantly towards the growth of the global food retail market..
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Retail Market Research Report
By Type
Internet Sales, Store Sales
By Application
To Ending Consumers, Ad, Others
By Companies
Walgreens Boots Alliance, Kroger, Carrefour, Tesco, Metro, Albertsons, Auchan Holding, Royal Ahold Delhaize, Seven&I, Finatis, Walgreens Boots Alliance, Walmat, McDonalds, KFC, BurgerKing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Food Retail Market Report Segments:
The global Food Retail market is segmented on the basis of:
Types
Internet Sales, Store Sales
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
To Ending Consumers, Ad, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Walgreens Boots Alliance
- Kroger
- Carrefour
- Tesco
- Metro
- Albertsons
- Auchan Holding
- Royal Ahold Delhaize
- Seven&I
- Finatis
- Walgreens Boots Alliance
- Walmat
- McDonalds
- KFC
- BurgerKing
Highlights of The Food Retail Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Internet Sales
- Store Sales
- By Application:
- To Ending Consumers
- Ad
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Retail Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food retail is the business of selling food and grocery products to consumers. It includes stores, restaurants, catering services, and online sales.
Some of the major companies in the food retail market are Walgreens Boots Alliance, Kroger, Carrefour, Tesco, Metro, Albertsons, Auchan Holding, Royal Ahold Delhaize, Seven&I, Finatis, Walgreens Boots Alliance, Walmat, McDonalds, KFC, BurgerKing.
The food retail market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Retail Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Retail Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Retail Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Retail Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Retail Market Size & Forecast, 2018-2028
4.5.1 Food Retail Market Size and Y-o-Y Growth
4.5.2 Food Retail Market Absolute $ Opportunity
Chapter 5 Global Food Retail Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Food Retail Market Size Forecast by Type
5.2.1 Internet Sales
5.2.2 Store Sales
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food Retail Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Food Retail Market Size Forecast by Applications
6.2.1 To Ending Consumers
6.2.2 Ad
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Retail Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Retail Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Food Retail Analysis and Forecast
9.1 Introduction
9.2 North America Food Retail Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Food Retail Market Size Forecast by Type
9.6.1 Internet Sales
9.6.2 Store Sales
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Food Retail Market Size Forecast by Applications
9.10.1 To Ending Consumers
9.10.2 Ad
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Food Retail Analysis and Forecast
10.1 Introduction
10.2 Europe Food Retail Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Food Retail Market Size Forecast by Type
10.6.1 Internet Sales
10.6.2 Store Sales
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Food Retail Market Size Forecast by Applications
10.10.1 To Ending Consumers
10.10.2 Ad
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Food Retail Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food Retail Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Food Retail Market Size Forecast by Type
11.6.1 Internet Sales
11.6.2 Store Sales
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Food Retail Market Size Forecast by Applications
11.10.1 To Ending Consumers
11.10.2 Ad
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Food Retail Analysis and Forecast
12.1 Introduction
12.2 Latin America Food Retail Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Food Retail Market Size Forecast by Type
12.6.1 Internet Sales
12.6.2 Store Sales
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Food Retail Market Size Forecast by Applications
12.10.1 To Ending Consumers
12.10.2 Ad
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Food Retail Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food Retail Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Food Retail Market Size Forecast by Type
13.6.1 Internet Sales
13.6.2 Store Sales
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Food Retail Market Size Forecast by Applications
13.10.1 To Ending Consumers
13.10.2 Ad
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Retail Market: Competitive Dashboard
14.2 Global Food Retail Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Walgreens Boots Alliance
14.3.2 Kroger
14.3.3 Carrefour
14.3.4 Tesco
14.3.5 Metro
14.3.6 Albertsons
14.3.7 Auchan Holding
14.3.8 Royal Ahold Delhaize
14.3.9 Seven&I
14.3.10 Finatis
14.3.11 Walgreens Boots Alliance
14.3.12 Walmat
14.3.13 McDonalds
14.3.14 KFC
14.3.15 BurgerKing
