Latin America food and grocery retail market is anticipated to grow at a CAGR of 5.5% during the forecast period. Supermarkets occupy roughly 60% of the national retail sectors in Latin America, and around half this level of food and grocery products. Factors underpinning their growth include increases in incomes in ‘two-earner’ households and access to refrigerators and private cars. Although, the primary factor for growth has been the liberalization of foreign direct investment.

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Food retailers in Latin America comprise of four groups. The first one includes a range of independent small full-service stores retailing different types of groceries or focusing on meat snacks, fruits, vegetables, extruded snacks, baked goods, and more. Secondly, traditional markets, such as street fairs. Third, there are small self-service stores that tend to be in chains and vary from ‘hard discounts’ (almost equivalent to small supermarkets), to ‘convenience stores’, such as those located in railway and bus stations. Lastly, the large self-service stores, independent or contractual. Generally, these stores are classed as either ‘supermarkets’ (roughly 350–4000 m sq. and/or with 3–4 or more cash registers), or the larger hypermarkets. Additional large-scale stores include membership clubs and warehouse formats.

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Latin America Food and Grocery Retail Industry Market Segmentation

By Product

Packaged Foods

Unpackaged Foods

Beverages

Other Household Products

By Distribution Channel

Online

Offline

Regional Analysis

Brazil

Colombia

Mexico

Argentina

Rest of Latin America

Company Profiles

Amazon.com, Inc.

Groupe Casino (Casino Guichard Perrachon ADR)

Carrefour Comércio e Indústrias Ltda

Cencosud S.A.

Distribuidora Internacional de Alimentación, S.A. (DIA)

Falabella Retail SA

Lojas Americanas SA

Organización Soriana SAB de CV

OXXO (Cadena Comercial OXXO, SA de CV)

SHV Holdings N.V.

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