The North American food and grocery retail market is anticipated to grow at a CAGR of around 4.5% during the forecast period. The growth in the food and grocery retail market in the region is owed to high per capita disposable income, increasing agricultural price index, high urban population, and the healthy eating index. Urban population customers are inclined to buying groceries and foodstuffs more frequently from well-developed establishments instead of supercenters and wholesale clubs. 

The North American food and grocery retail market are segmented on the basis of product and distribution channel. Based on the product, the food and grocery retail market is further segmented into packaged foods, unpackaged foods, beverages, and other household products. Based on distribution channel, the market is segmented into online and offline channel. Online channel is expected to witness substantial growth during the forecast period. Further by geography, the market is bifurcated into the US and Canada. The US holds most of the market share during the forecast period. 

Numerous global major players hold possession in the region’s market which includes Amazon.com Inc., Metro Inc., Publix Super Markets, Inc., Sysco Corp., US Foods, Inc., and Walmart, Inc., among more. Over the last decade, limited assortment groups such as Aldi and Trader Joe’s have experienced the swiftest growth. These chains are often sited in populated areas and are much more efficient and compact than small traditional stores. These stores provide a more selective offering rather than offering dozens of brands of the same product. 

Research Methodology

The market study of North America’s food and grocery retail market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings more authenticity to reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. North America Food and Grocery Retail Market Research and Analysis By Product
2. North America Food and Grocery Retail Market Research and Analysis By Distribution Channel

The Report Covers

• Comprehensive research methodology of the global food and grocery retail market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global food and grocery retail market.
• Insights about market determinants which are stimulating the global food and grocery retail market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.