Press release
2023 Global Supermarkets Market Size, Share And Industry Forecast To 2032
Supermarkets Market Report
Supermarkets Market Size, Growth Rate, And Forecast:
The global supermarkets market size is expected to grow from $1,518.89 billion in 2022 to $1,658.77 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global supermarkets market size is expected to reach $2,228.92 billion in 2027 at a CAGR of 7.7%.
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Supermarkets Market Drivers:
The rising consumer preference for healthy eating is expected to drive the growth of the supermarkets market going forward. Healthy eating refers to adopting a diet that is balanced and consists of a variety of wholesome foods and beverages, and healthy eating habits have gained popularity due to their many benefits, including reducing the risk of chronic diseases such as diabetes, heart disease, and obesity. Supermarkets offer healthy food options, including fresh fruits and vegetables, lean proteins, whole grains, low-fat dairy, and more organic, non-GMO, and sustainably sourced products, and place these items prominently on the shelves to promote healthy habits and satisfy consumers' demands.
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Supermarkets Market Segments
•By Type: Packaged Foods, Fresh Foods
•By Ownership: Retail Chain, Independent Retailer
•By Application: Personal Shoppers, Business Customers
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the supermarkets market.
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Supermarkets Market Key Players:
Major competitors in the supermarkets market include Tesco PLC, Carrefour Group, J Sainsbury PLC, REWE Group, The Kroger Company, Aldi, Albertsons Companies Inc., Target Corporation, Costco Wholesale Corporation, ICA Supermarket, Real Canadian Superstore, ParknShop, Wm Morrison Supermarkets, Woolworths Supermarkets, and Asda Stores Ltd.
The Business Research Company's "Global Supermarkets Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Supermarkets Market Include:
1. Executive Summary
2. Supermarkets Market Characteristics
3. Supermarkets Market Trends And Strategies
4. Supermarkets Market - Macro Economic Scenario
5. Supermarkets Market Size And Growth
....
26. Africa Supermarkets Market
27. Supermarkets Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Supermarkets Market
29. Supermarkets Market Future Outlook and Potential Analysis
30. Appendix
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