Press release
Global Supermarkets Market to Reach $2616.54 Billion by 2029, Growing at 7% CAGR
What combination of drivers is leading to accelerated growth in the supermarkets market?
An increasing fondness for nutritional diet among consumers is anticipated to fuel the expansion of the supermarket industry further. Healthy eating relates to maintaining a balanced diet that includes a diverse range of nutritious food and drinks. The trend for wholesome food habits has gained traction due to associated benefits such as lowering the likelihood of chronic illnesses like diabetes, cardiac issues, and overweight conditions. Supermarkets provide a variety of healthful food alternatives like fresh fruits and vegetables, lean meats, whole grains, low-fat dairy products, and organically grown, non-GMO, and renewable items, strategically arranging them on the shelves to encourage healthful practices and meet consumers' needs. For example, the World Economic Forum, a Swiss international non-governmental organization, stated in March 2023 that 50% of Americans indicated they had begun paying attention to healthier eating choices. Additionally, the International Food Information Council, an American non-profit entity, conducted a Food and Health Survey in May 2022. The study comprised 1,005 Americans aged between 18 and 80; 52% reported pursuing a diet or wholesome eating routine, a considerable increase from the 39% reported in 2021. As a result, the expanding consumer inclination towards healthy eating habits is propelling the progress of the supermarket sector.
Get Your Supermarkets Market Report Here:
https://www.thebusinessresearchcompany.com/report/supermarkets-global-market-report
What is the projected compound annual growth rate (CAGR) of the supermarkets market from 2025 to 2034, and what factors influence it?
The size of the supermarkets market has considerably expanded over the past few years. It is anticipated to increase from $1806.36 billion in 2024 to $1961.12 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.6%. The growth during the historic period is due to multiple factors such as change in consumer behaviors, urbanization and population density, an increase in disposable income, and a higher emphasis on convenience, along with the proliferation of private label products.
Expect a significant surge in the supermarkets market size in the coming years, with an anticipated worth of "$2616.54 billion by 2029 and a compound annual growth rate (CAGR) of 7.5%. This expected increase during the forecast period is influenced by e-commerce integration and omnichannel retailing, health and wellness trends, sustainability and ethical consumerism, demands for local and organic produce, and adapting to shifting demographics. The forecast period will also witness emerging trends such as the integration of smart shelving and inventory management, tailored marketing and loyalty initiatives, heightened emphasis on fresh and local produce, bringing in contactless and cashless payment systems, and the use of automated and robotic solutions.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9700&type=smp
How are the latest trends influencing the growth of the supermarkets market?
Technological breakthroughs are a prominent trend gaining traction in the supermarket industry. Major players in the supermarket sector are consistently concentrating on introducing novel technologies to maintain their market position. For example, Asda Stores Ltd., a supermarket chain based in the UK, inaugurated Salesforce technology in June 2022 to offer a holistic view of its customers, thereby granting customized and specific experiences. This new technology would establish a cloud-based infrastructure to provide its customers with a connected, seamless experience on all platforms and devices. Asda's newly-developed headless e-commerce design, which allows the separation of front-end and back-end e-commerce applications, is poised to provide top-notch online shopping experiences.
What are the major segments of the supermarkets market and their role in driving growth?
The super markets market covered in this report is segmented -
1) By Type: Packaged Foods, Fresh Foods
2) By Ownership: Retail Chain, Independent Retailer
3) By Application: Personal Shoppers, Business Customers
Subsegments:
1) By Packaged Foods: Snacks, Canned Foods, Frozen Foods, Dairy Products, Baked Goods, Dry Foods, Beverages
2) By Fresh Foods: Fruits, Vegetables, Meat, Seafood, Poultry, Eggs, Deli Products
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9700
Which regions are key players in the growth of the supermarkets market?
North America was the largest region in the supermarkets market in 2024. The regions covered in the supermarkets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the supermarkets market?
Major companies operating in the supermarkets market include Tesco plc, Carrefour Group, J Sainsbury plc, REWE Group, The Kroger Company, ALDI Nord Group, Albertsons Companies Inc., Target Corporation, Costco Wholesale Corporation, ICA Supermarket, Real Canadian Superstore, ParknShop Limited, Wm Morrison Supermarkets Limited, Woolworths Group Limited, Asda Stores Ltd., Walmart Inc., Kroger Co., Ahold Delhaize USA Inc., Publix Super Markets Inc., Safeway Inc., H-E-B Grocery Company LP, Meijer Inc., Giant Food Stores LLC, Hy-Vee Inc., Wegmans Food Markets Inc., The Schwarz Group
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=9700&type=smp
What Is Covered In The Supermarkets Global Market Report?
• Market Size Forecast: Examine the supermarkets market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the supermarkets market for a structured understanding.
• Key Players Overview: Analyze major players in the supermarkets market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the supermarkets market.
• Segment Contributions: Evaluate how different segments drive overall growth in the supermarkets market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the supermarkets market.
• Industry Challenges: Identify potential risks and obstacles affecting the supermarkets market.
• Competitive Landscape: Review strategic developments in the supermarkets market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
An increasing fondness for nutritional diet among consumers is anticipated to fuel the expansion of the supermarket industry further. Healthy eating relates to maintaining a balanced diet that includes a diverse range of nutritious food and drinks. The trend for wholesome food habits has gained traction due to associated benefits such as lowering the likelihood of chronic illnesses like diabetes, cardiac issues, and overweight conditions. Supermarkets provide a variety of healthful food alternatives like fresh fruits and vegetables, lean meats, whole grains, low-fat dairy products, and organically grown, non-GMO, and renewable items, strategically arranging them on the shelves to encourage healthful practices and meet consumers' needs. For example, the World Economic Forum, a Swiss international non-governmental organization, stated in March 2023 that 50% of Americans indicated they had begun paying attention to healthier eating choices. Additionally, the International Food Information Council, an American non-profit entity, conducted a Food and Health Survey in May 2022. The study comprised 1,005 Americans aged between 18 and 80; 52% reported pursuing a diet or wholesome eating routine, a considerable increase from the 39% reported in 2021. As a result, the expanding consumer inclination towards healthy eating habits is propelling the progress of the supermarket sector.
Get Your Supermarkets Market Report Here:
https://www.thebusinessresearchcompany.com/report/supermarkets-global-market-report
What is the projected compound annual growth rate (CAGR) of the supermarkets market from 2025 to 2034, and what factors influence it?
The size of the supermarkets market has considerably expanded over the past few years. It is anticipated to increase from $1806.36 billion in 2024 to $1961.12 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.6%. The growth during the historic period is due to multiple factors such as change in consumer behaviors, urbanization and population density, an increase in disposable income, and a higher emphasis on convenience, along with the proliferation of private label products.
Expect a significant surge in the supermarkets market size in the coming years, with an anticipated worth of "$2616.54 billion by 2029 and a compound annual growth rate (CAGR) of 7.5%. This expected increase during the forecast period is influenced by e-commerce integration and omnichannel retailing, health and wellness trends, sustainability and ethical consumerism, demands for local and organic produce, and adapting to shifting demographics. The forecast period will also witness emerging trends such as the integration of smart shelving and inventory management, tailored marketing and loyalty initiatives, heightened emphasis on fresh and local produce, bringing in contactless and cashless payment systems, and the use of automated and robotic solutions.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9700&type=smp
How are the latest trends influencing the growth of the supermarkets market?
Technological breakthroughs are a prominent trend gaining traction in the supermarket industry. Major players in the supermarket sector are consistently concentrating on introducing novel technologies to maintain their market position. For example, Asda Stores Ltd., a supermarket chain based in the UK, inaugurated Salesforce technology in June 2022 to offer a holistic view of its customers, thereby granting customized and specific experiences. This new technology would establish a cloud-based infrastructure to provide its customers with a connected, seamless experience on all platforms and devices. Asda's newly-developed headless e-commerce design, which allows the separation of front-end and back-end e-commerce applications, is poised to provide top-notch online shopping experiences.
What are the major segments of the supermarkets market and their role in driving growth?
The super markets market covered in this report is segmented -
1) By Type: Packaged Foods, Fresh Foods
2) By Ownership: Retail Chain, Independent Retailer
3) By Application: Personal Shoppers, Business Customers
Subsegments:
1) By Packaged Foods: Snacks, Canned Foods, Frozen Foods, Dairy Products, Baked Goods, Dry Foods, Beverages
2) By Fresh Foods: Fruits, Vegetables, Meat, Seafood, Poultry, Eggs, Deli Products
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9700
Which regions are key players in the growth of the supermarkets market?
North America was the largest region in the supermarkets market in 2024. The regions covered in the supermarkets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the supermarkets market?
Major companies operating in the supermarkets market include Tesco plc, Carrefour Group, J Sainsbury plc, REWE Group, The Kroger Company, ALDI Nord Group, Albertsons Companies Inc., Target Corporation, Costco Wholesale Corporation, ICA Supermarket, Real Canadian Superstore, ParknShop Limited, Wm Morrison Supermarkets Limited, Woolworths Group Limited, Asda Stores Ltd., Walmart Inc., Kroger Co., Ahold Delhaize USA Inc., Publix Super Markets Inc., Safeway Inc., H-E-B Grocery Company LP, Meijer Inc., Giant Food Stores LLC, Hy-Vee Inc., Wegmans Food Markets Inc., The Schwarz Group
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=9700&type=smp
What Is Covered In The Supermarkets Global Market Report?
• Market Size Forecast: Examine the supermarkets market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the supermarkets market for a structured understanding.
• Key Players Overview: Analyze major players in the supermarkets market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the supermarkets market.
• Segment Contributions: Evaluate how different segments drive overall growth in the supermarkets market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the supermarkets market.
• Industry Challenges: Identify potential risks and obstacles affecting the supermarkets market.
• Competitive Landscape: Review strategic developments in the supermarkets market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
