Download
1 / 9
90 likes | 119 Views
A Food and Grocery Retail Market is a store that sells food and other small household items including meat, fresh dairy products, fresh dairy produce, bakery items, baby foods, cleaning products, beverages, vegetables, and fruits, cooking oil, frozen foods, and more. Food and groceries are necessities, and Food and Grocery Retailers facilitate all of these necessities in a single place with suitable price discounts and numerous other offers.
E N D
Food & Grocery Retail Market Overview & Outlook for 2030 sales@delvens.comwww.delvens.com
Food & Grocery Retail Market Overview & Outlook for 2030 Food & Grocery Retail Market, By Product (Food Cupboard, Beverages), By Distribution Channel (Supermarkets & Hypermarkets, Online) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The global Food & Grocery Retail Market size is projected to reach a CAGR of 5.2% from 2023-2030. Walmart; Costco Wholesale Corporation; 7-ELEVEN, Inc.; Amazon.com Inc; The Kroger Co.; Target Brands, Inc.; ALDI; AEON Co Ltd; Carrefour CA; Schwarz Gruppe are the major players operating in Food & Grocery Retail Market. Request For Free Sample Report : https://www.delvens.com/get-free-sample/food-grocery-retail-market-trends-forecast-till-2030 sales@delvens.com www.delvens.com
Market Overview A Food and Grocery Retail Market is a store that sells food and other small household items including meat, fresh dairy products, fresh dairy produce, bakery items, baby foods, cleaning products, beverages, vegetables, and fruits, cooking oil, frozen foods, and more. Food and groceries are necessities, and Food and Grocery Retailers facilitate all of these necessities in a single place with suitable price discounts and numerous other offers. The demand for groceries is rising rapidly in response to the increasing demand for daily needs. This is one of the main factors driving the Food and Grocery Retail industry. Moreover, with the world’s population increasing, most people require regular groceries for basic survival. The global Food And Grocery Retail industry is expanding rapidly grow as a result of factors including rapid urbanization and industrialization. As people’s standard of living enhances, they demand higher-quality food. Moreover, because groceries are vital foods for the general public, the Food and Grocery Retail industry is growing. sales@delvens.com www.delvens.com
Market Overview Price and convenience have a substantial impact on a consumer’s decision because these are the 2 primary concerns of customers when buying grocery products. As an outcome, price parity in-store or online has a beneficial impact on customer development. Even though it has many drivers, a few restraints can affect the growth of this market. The industry can face challenges in the form of an ineffective supply chain and challenges from unrecognized players in the market. The growth can be primarily attributed to COVID-19 lockdown-induced higher spending on groceries, increased online-grocery sales volume, and consumer polarization. The pandemic resulted in the emergence of consumer polarization where some consumers scaled up to purchase expensive products. Furthermore, the pandemic-induced increased cooking at home has been a major growth driver for the market growth. The COVID-19 pandemic has altered the food and grocery retail industry. sales@delvens.com www.delvens.com
MarketSegmentation • The food & Grocery Retail Market is segmented into various segments such as product, distribution channel, and region: • Based on product • Fresh Food • Frozen Food • Food Cupboard • Beverages • Cleaning & Household sales@delvens.com www.delvens.com
MarketSegmentation • Based on the distribution channel • Supermarkets & Hypermarkets • Convenience Stores, Departmental Stores & Clubs • Online • Based on region • Asia Pacific • North America • Europe • South America • Middle East & Africa sales@delvens.com www.delvens.com
Competitive Landscape • Walmart • Costco Wholesale Corporation • 7-ELEVEN, Inc. • Amazon.com Inc • The Kroger Co. • Target Brands, Inc. • ALDI • AEON Co Ltd • Carrefour CA • Schwarz Gruppe Inquire Before Buying: https://www.delvens.com/Inquire-before-buying/food-grocery-retail-market-trends-forecast-till-2030 sales@delvens.com www.delvens.com
Recent Developments • In January 2021, Alimentation Couche-Tard Inc., a Canadian convenience store company acquired Carrefour S.A., a French multinational retail company to launch its 26,000 food and grocery stores in U.S. and Canada. • October 18, 2022 — Walmart announced the launch of a new platform designed around creators. The program is called Walmart Creator and it is a one-stop portal that makes it easy for creators to monetize shoppable products from the retailer. Walmart believes anyone can be a creator, and the product democratizes the tools and resources needed to do so. Purchase This Report: https://www.delvens.com/checkout/food-grocery-retail-market-trends-forecast-till-2030 sales@delvens.com www.delvens.com
Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-8638-5055 sales@delvens.com WEBSITE: https://delvens.com/ sales@delvens.com www.delvens.com
