The France food and grocery retail market is estimated to grow at a CAGR of 4.1% during the forecast period. Improvements seen in this market in recent years have largely been the result of a strengthening economy and a growth in consumer spending, as well as an increase in consumer confidence. Online grocery shopping has been a key driver of growth in recent years, food and drinks now account for more than 30% of total internet sales in France. In March 2018, e-commerce giant, Amazon entered into an agreement with Casino enabling the groups upmarket Monoprix chain to become the first local retailer to agree to sell groceries via Amazon. Collaboration like this is expected to further fuel the market growth.
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France's food and grocery retail market is segmented based on product and distribution channels. Based on the product, the food and grocery retail market is segmented into packaged foods, unpackaged foods, beverages, and other household products. Based on the distribution channel, the market is segmented into online and offline. Driven by exports of foods, groceries, and consumer goods, together with strong domestic demand has benefited both, online and offline distribution channels.
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Primarily, due to the COVID-19 pandemic, there has been extreme growth in e-commerce food and grocery retailing, with governments pushing its use and consumers switching to comply with social distancing/quarantine or to secure groceries that they cannot be sure will be available in store. Retailers are betting that the change will hold after the pandemic will over, with many expanding their operations. Prior to the outbreak, e-commerce was the channel with the fastest growth rate; this forced acceleration could result in a paradigm shift in some segments.
Although the food & grocery market has enjoyed growth in recent years, some groups have experienced high rates of growth than others. Kosher and Halal foods have experienced higher value double digits growth. One of the most significant value increases is seen in the organic retail market. France has the second-largest organic retail market in Europe with sales escalating to more than $9 billion in 2019. France was the country with the highest growth of the organic market in 2018/19 achieving a 15% increase in value.
France Food and Grocery Retail Market - Segmentation
France Food and Grocery Retail Industry Market by Product
• Packaged Foods
• Unpackaged Foods
• Beverages
• Other Household Products
France Food and Grocery Retail Market by Distribution Channel
• Online
• Offline
France Food and Grocery Retail Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• ALDI Inc.
• Amazon.com, Inc.
• Carrefour S.A.
• E.Leclerc (The GALEC, Cooperative Co.)
• Groupe Casino (Casino Guichard Perrachon ADR)
• Groupement des Mousquetaires
• Lidl Stiftung & Co. KG
• Louis Delhaize Group
• Metro AG
• Norma Sàrl
• Schwarz Gruppe
• Tesco PLC
• Walmart Inc.
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