The report "Global Food and Grocery Retailing Market" provides a comprehensive view of the global food and grocery retail landscape, including current market sizes and category forecasts for 2018; and highlights the world's fastest growing markets and channels in the category group. Also provides, data by categories food, drinks, household products and tobacco. Details market size and channel forecasts for each region and countries, and features major retailers, key innovative retailers, and food and grocery retail trends. The report covers the 50 largest retail markets and includes 24 countries in Europe, 12 countries in Asia-Pacific, nine countries in the Americas, and five countries in the Middle east and Africa.
Key Findings
- Global food and grocery retail sales are forecast to reach US$11trillion by 2018, largely driven by the growth of modern retailing formats in developing economies
- China is set to continue as the largest food and grocery market globally in 2018, with 32% of the global share of food and grocery retailing
- Convenience stores (including independents) and gas stations are set to remain the largest channel for food and grocery sales; however, online retailers are growing at a faster pace
- The dominance of local and smaller retailers in the world's most populous countries of India and China, and other emerging markets, primarily influences the large size of convenience stores in the global food and grocery market.
source: digitaljournal.com
