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Food & Grocery Retail Global Industry Guide 2019-2028

Summary

Global Food & Grocery Retail industry profile provides top-line qualitative and quantitative summary information including: market size (value , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
- Household products encompass a wide range of items that are used in households, such as air fresheners, bleach, dishwashing products, furniture cleaning products, general-purpose cleaners, insecticides, paper products, scouring products, textile washing products, and toilet care products. Tobacco includes chewing tobacco, cigarettes, cigars & cigarillos, and loose tobacco. The drinks market refers to the retail (not on-trade) sales of soft drinks, hot beverages, and alcoholic beverages, excluding sales that take place in bars, pubs, and other on-trade establishments. The food market includes packaged and unpackaged bakery and cereals, canned food, chilled food, confectionery, dairy products, dried food, frozen food, ice cream, oils and fats, sauces, dressings and condiments, savory snacks, soup, spreads, baby food, and pet food.
- All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
- The global food & grocery retail market recorded revenues of $11,223.7 billion in 2023, representing a compound annual growth rate (CAGR) of 5.3% between 2018 and 2023.
- The food segment accounted for the market's largest proportion in 2023, with total revenues of $8,424.2 billion, equivalent to 75.1% of the market's overall value.
- In 2023, the global food & grocery retail market recorded an annual growth of 4.7% due to the expanding organized retail through supermarkets, hypermarkets, discount stores, and convenience stores

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global food & grocery retail market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global food & grocery retail market
- Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global food & grocery retail market with five year forecasts

Reasons To Buy

- What was the size of the global food & grocery retail market by value in 2023?
- What will be the size of the global food & grocery retail market in 2028?
- What factors are affecting the strength of competition in the global food & grocery retail market?
- How has the market performed over the last five years?
- What are the main segments that make up the global food & grocery retail market?