Grocery Market Size, Share, Trends, Growth, Opportunities and Competitive Outlook

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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.

Grocery Market Size, Share, Trends, Growth, Opportunities and Competitive Outlook

"Grocery Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Client or business can get aware of the impact of opportunities that are offered by the market and hence design sustainable and competitive strategies in times of rapid development. A range of definitions and classification of the Grocery industry, applications of the Grocery industry and chain structure are given in the credible Grocery report.

The grocery market, also known as food retail, serves as a vital distribution channel for the consumer goods industry, offering a platform for manufacturers to reach a broad customer base. It facilitates the sale of various consumer products, including food, beverages, household essentials, and personal care items. Manufacturers rely on grocery stores to showcase their products, build brand awareness, and drive sales through effective merchandising and promotions. The grocery market also fosters competition among brands, encouraging innovation and product differentiation to meet evolving consumer preferences.

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. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Grocery business document is also helpful to understand the regional analysis of the market and paradigm shift in consumer preferences. This report makes it easy to analyze various market perspectives with the help of Porter’s five forces analysis. The company profiles of all the top market players and brands with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are revealed in this market report. Key market dynamics of the Grocery industry is the best part about Grocery market research report.

Access Full 350 Pages PDF Report @

https://www.databridgemarketresearch.com/reports/global-grocery-market

Countries Studied:

  1. North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  2. Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  3. Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  4. Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Key Coverage in the Grocery Market Report:

  • Detailed analysis of Grocery Market by a thorough assessment of the technology, product type, application, and other key segments of the report
  • Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
  • Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
  • Comprehensive analysis of the regions of the Grocery industry and their futuristic growth outlook
  • Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

Some of the major players operating in the market are:

  • Nestlé (Switzerland)
  • Procter & Gamble (U.S.)
  • Unilever (U.K.)
  • The Coca-Cola Company (U.S.)
  • PepsiCo (U.S.)
  • Mondelez International (U.S.)
  • Kellogg's (U.S.)
  • General Mills (U.S.)
  • Mars, Incorporated (U.S.)
  • The Kraft Heinz Company (U.S.)
  • Danone (France)

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