Food and Grocery Retail Market Segments by Distribution channel (Supermarkets & Hypermarkets, Convenience Store, and Online); by product type (Packaged Food, Unpackaged Food, Drinks, Tobacco and Household Products) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Food and Grocery Retail Market Segments by Distribution channel (Supermarkets & Hypermarkets, Convenience Store, and Online); by product type (Packaged Food, Unpackaged Food, Drinks, Tobacco and Household Products) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Product Overview
Retail food is any food that is bought by customers and ingested off-premises, except restaurant meals. Food sold in stores comes in all shapes and sizes, and it is regulated by a number of government agencies. Boxes, cans, cellophane packaging, and cylindrical cardboard containers will all be used to pack retail foods. Some grocery products, such as fresh produce, are not individually wrapped. Retail food has a strong demand elasticity, which means that irrespective of the state of the economy, there will still be a demand for it.
Market Highlights
Global Food and Grocery Retail Market is expected to project a notable CAGR of 5.3% in 2030.
Global Food and Grocery Retail Market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 5.3% in the coming years, i.e., 2021-30. The world's market has been driven by increased disposable income, accessibility, and rapid urbanization. The demand for high-quality consumables and food retail in emerging countries has increased by the growing middle-income group of consumers. In addition, the delivery of home products from most supermarkets has become an appealing prospect for time-consumers.
Global Food and Grocery Retail Market: Segments
Supermarkets & Hypermarkets segment to grow with the highest CAGR during 2020-30
Global Food and Grocery Retail Market is segmented by Distribution channel into Supermarkets & Hypermarkets, Convenience Store, and Online. During the projected timeline, Supermarkets & Hypermarkets is expected to have the highest market share. Most individuals seek to choose things by hand. Consumers are better placed to choose their own food products, in particular fresh products. Consumers usually have very particular fruit and vegetable preferences. For instance, they prefer fresh and ripe products. Other elements that drive this channel of distribution entail price discounts, shopping experience, immediate food products purchase, and the accessibility in a single store of a huge range of goods. In addition, the sales of products for food through this channel were stimulated by improved services such as click and collect.
Packaged food segment to grow with the highest CAGR during 2020-30
Global Food and Grocery Retail Market is divided by product type into Packaged Food, Unpackaged Food, Drinks, Tobacco and Household Products. The growth of the packaging food segment has been fueling high consumption of the packaged foodstuff, such as bread, butter, cheese, desserts, frozen foods, edible oil, meat, snacks, and yogurt. Consumers' demand for these food products has been driven by factors, such as easy food preparation and consumption, simple operation, and better protection against external damage. In addition, the hectic life encourages consumers to choose suitable food and other food. Furthermore, because of the growing workforce, packaged food products are becoming more popular in the coming few years. In recent years there has been considerable growth worldwide in demand for ready-to-eat, ready-to-cook, and baked goods, due to this the growth of the packaged food segment has been accelerated.
Global Food and Grocery Retail Market Dynamics
Drivers
Rising disposable income
The world's market has been driven by increased disposable income, accessibility, and rapid urbanization. The demand for high-quality consumables and food retail in emerging countries has increased by the growing middle-income group of consumers. In addition, the delivery of home products from most supermarkets has become an appealing prospect for time-consumers.
Development in the online retail market
As online shopping platforms become increasingly used, many players in the industry become involved in electronic products and improve their presence. Walmart, for example, broadened its online distribution platform and began delivery in 2019 on the same day. Correspondingly, Kroger Co has expanded its online pickup locations.
Restraint
Improper infrastructure
Short life of food products restricts the market growth during the forecasted period. The life of such products is short and that leads to spoilage of unsold food items. Moreover, improper infrastructure sure as improper road and railways connectivity leads to delay of in-transit time period. All these factors tend to restrict the market growth during the forecasted period.
Global Food and Grocery Retail Market: Key Players
Amazon
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Schwarz Gruppe
ALDI Purchasing GmbH & Co. oHG
Carrefour
Tesco PLC
Target Brands, Inc.
Ahold Delhaize
Albertsons Companies.
Walmart
Costco Wholesale Corporation
7-Eleven, Inc.
The Kroger Co
Other Prominent Players
Global Food and Grocery Retail Market: Regions
Global Food and Grocery Retail Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
During the projected timeline, APAC ought to have the highest share in the total market for Food and grocery retail. This market has been segmented into China, Japan, South Korea, and APAC's Rest (RoAPAC). RoAPAC contains Singapore, Thailand, Malaysia, India, New Zealand, and Australia. With around half percent of global sales, Asia Pacific influenced the food and food retail market in 2020. The main markets in the region are China, India, Japan, and Indonesia. Chinese markets are having a positive impact on e-commerce expansion and online retail growth. Merchants have shifted their focus towards cities of the second and third levels as cities of the first level are overloaded. In the area, India also has enormous potential. Traditional retailers and other grocery stores dominate the Indian market. In the major towns and urban centers, however, advanced retail chains also expand.
Global Food and Grocery Retail Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Food and Grocery Retail Market report also contains analysis on:
Food and grocery retail Segments:
By Distribution channel:
Supermarkets & Hypermarkets
Convenience Store
Online
By Product Type
Packaged Food
Unpackaged Food
Drinks
Tobacco
Household Products
Food and grocery retail Market Dynamics
Food and grocery retail Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Global Food and grocery retail Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Food and grocery retail Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global Food and grocery retail Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Food and grocery retail Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F by (); by (
2. By Distribution channel: Market Share (2020-2030F)
1. Supermarkets & Hypermarkets, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Convenience Store, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Online, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By product type: Market Share (2020-2030F)
1. Packaged Food, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Unpackaged Food, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Drinks, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030
4. Tobacco, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Household Products, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030
Company Profile
1. Amazon
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. BitPay Inc
3. Schwarz Gruppe
4. ALDI Purchasing GmbH & Co. oHG
5. Carrefour
6. Tesco PLC
7. Target Brands, Inc.
8. Ahold Delhaize
9. Albertsons Companies.
10. Walmart
11. Costco Wholesale Corporation
12. 7-Eleven, Inc.
13. The Kroger Co
14. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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