Grocery Retail Market Size & Industry Growth 2030 - Future Data …

The global Grocery Retail market size was valued at USD 9.8 trillion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.1% during the forecast period, …

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Grocery Retail Market Size & Industry Growth 2030 - Future Data …

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The global Grocery Retail market size was valued at USD 9.8 trillion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.1% during the forecast period, …

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Food & Grocery Retail Market To Reach $14,781.1Bn By 2030

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The global food & grocery retail marketsize is expected to reach USD 14.78 trillion by 2030, expanding at a CAGR of 3.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Shifting consumption expenditure from food service to food retail due to the COVID-19 pandemic-induced lockdowns, rising adoption of online channels for gr...

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Grocery Market Size, Share, Trends, Growth Drivers & Forecast By …

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The global grocery market size was valued at USD 12.60 billion in 2023 and is projected to reach USD 19.34 billion by 2031, with a CAGR of 5.50% during the forecast period of 2024 to 2031. …

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Food Retail Market | Size, Share, Growth | 2024 - 2030 - Intellect …

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Global Food Retail Market to be valued at USD 12.29 trillion in 2023 and is expected to reach USD 17.29 trillion by 2030 growing at a CAGR of 5% from 2023 to 2030.

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The Future Of US Grocery: Maintaining The Momentum

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Between 2019 and 2030, Bain & Company modeling suggests grocery profits overall will increase from just over $34 billion to $39 billion in the absence of concerted strategic action—a …

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State Of Grocery Europe 2023: Living With And Responding To …

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Apr 19, 2023 · In 2023, the EU-27 automation market for retail was worth €2.5 billion. It is expected to grow at an annual rate of 13 percent in the coming years, reaching about €6 billion …

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FAQs about Grocery Retail Market Size & Industry Growth 2030 - Future Data … Coupon?

What is the global food & grocery retail market size?

The global food & grocery retail market size was valued at USD 11,932.5 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2030. The growth can be primarily attributed to COVID-19 lockdown-induced higher spending on groceries, increased online-grocery sales volume, and consumer polarization. ...

How big is the food & grocery retail market by 2034?

By 2034, the market could reach a valuation of US$ 17.1 trillion, representing a sluggish CAGR of 3.3%. Customize your report by selecting specific countries or regions and save 30%! Over the past five years, the food and grocery retail market has been a beacon of moderate growth, with a historical CAGR of 5.3% from 2019 to 2023. ...

How big is the North America food & grocery retail market?

The North America food & grocery retail market was valued at USD 1,872.4 billion in 2023 and is expected to grow at a CAGR of 2.4% from 2024 to 2030. The market is mainly driven due to significant growth in the food retail in the U.S. and Canada. ...

How has the food & grocery retail market changed over the past 5 years?

Over the past five years, the food and grocery retail market has been a beacon of moderate growth, with a historical CAGR of 5.3% from 2019 to 2023. The period witnessed an era of flourishing consumer demand, led by evolving tastes, expanding populations, and the emergence of new shopping habits. ...

What is the growth rate of UK food & grocery retail market?

UK Food & Grocery Retail Market The food & grocery retail market in the UK is expected to grow at a CAGR of 3.4% from 2024 to 2030. The market is growing due to rising online food and grocery retailing in the country. ...

How did food & grocery retail market perform in 2023?

In 2023, the U.S. food & grocery retail market accounted for a revenue share of over 40.0% in the North American region. According to the Census Bureau, food and beverage store sales for the entire year of 2022 witnessed a year-over-year increase of 7.6%, amounting to $947.57 billion (unadjusted). ...