Global Food and Grocery Retail market is estimated to record a substantial CAGR of more than 5.0% during the forecast period (2020-2026). The global retail industry is on an all-time high as global economies have continued to perform exceptionally well, stimulating the retail sales and profitability. The past few years have seen noteworthy developments in the overall retail and e-retail space all around the globe. More and more convenience store chains are seeking to tap into the area of traditional groceries through business-to-business e-commerce with a digital wholesale marketplace. The boom of urbanization has played a significant role in the acceleration of the Food and Grocery Retail market. As projected by the UN (United Nations), around 68% of the global population is expected to live in urban areas by 2050 against 55% in 2018. Moreover, during the forecast period, the global population will increase from 7.71 trillion in 2019 to nearly 8.26 trillion in 2026. Increasing urbanization is one of the key factors that foretell the potential of the global Food and Grocery Retail market.   

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The global Food and Grocery Retail market is projected to grow at a lucrative CAGR of around 5.0% during the forecast period (2020-2026). The growth is intensified owing to the increasing demand for groceries induced by increasing requirements for day to day commodities. Also, urbanization is at an all-time high with more and more people coming to live in the cities which are giving the retailers to expand their horizons in the developing countries. Demand for luxury and ready-to-eat food items will result in higher spending on food and groceries augmenting the growth of the market.

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Market Segmentation

Global Food and Grocery Retail Industry Market by Product

 Packaged Food
 Unpackaged Food
Beverages 
 Other Household Product

Global Food and Grocery Retail Market by Distribution Channel

Online 
 Offline (Brick & Mortar)


Company Profiles

7-Eleven Inc.
AEON Co., Ltd.
Amazon.com, Inc.
Albertsons Companies, Inc.
ALDI Inc.
Carrefour S.A.
Companhia Brasileira de Distribuicao
Costco Wholesale Corp.
Future Retail Ltd.
H?E?B, LP


Global Market– Segmentation by Region
North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

UK

• China
• Japan
• India
• Rest of UK

Rest of the World

• Middle East & Africa
• Latin America


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