Food and Grocery Retail Market to Reach $10.9 Trillion by 2035

Food and grocery retail market was valued at $6.6 trillion in 2025 and is projected to reach $10.9 trillion by 2035, growing at a CAGR of 5.2% during the forecast period (2026–2035). The market is primarily driven by rising global food demand, urbanization, and increasing household consumption expenditure. Governments and international agencies continue to highlight the structural growth in food consumption. According to the Food and Agriculture Organization, global food demand is expected to increase by nearly 50% by 2050, driven by population growth and income expansion. This surge directly supports higher retail sales volumes across fresh food, packaged food, and beverages. Urbanization is further accelerating the shift toward organized retail formats. As per the United Nations, more than 56% of the global population lives in urban areas, a figure projected to rise to 68% by 2050. Urban consumers rely more on supermarkets, convenience stores, and online grocery platforms, increasing the scale and efficiency of retail distribution systems. Additionally, global food trade continues to expand, with the UN Comtrade Database reporting steady growth in food exports and imports, enabling broader product availability across retail shelves.

Browse the full report description of “Food and Grocery Retail Market Size, Share & Trends Analysis Report, By Product Category (Fresh Food, Packaged Food, Beverages, Household & Personal Care) By Retail Format (Hypermarkets & Supermarkets, Convenience Stores, Discount Stores), By Distribution Channel (Online, Offline) Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/food-and-grocery-retail-market

Among product categories, packaged food is emerging as the fastest-growing segment due to changing dietary habits, rising disposable income, and increasing demand for convenience. According to the OECD, per capita food consumption expenditure has consistently increased across emerging economies, particularly in processed and packaged food categories. This shift is reinforced by longer shelf-life requirements, urban lifestyles, and the expansion of organized retail chains.

Strategic Expansion and Product Innovation across the Market

Leading manufacturers and retailers are actively investing in product expansion, capacity growth, and distribution networks to capture rising demand.

• In April 2026, Ahold Delhaize USA partnered with SmartCommerce to expand Click2Cart capabilities across its five US grocery brands, including Food Lion, The GIANT Company, Giant Food, Hannaford, and Stop & Shop.

• In July 2025, Uber Eats expanded partnerships with regional US grocery retailers including Big Y, King Kullen, Superlo Foods, Lunds & Byerlys, Foxtrot, and Vallarta Supermarkets. This expansion improves consumer access to local grocery assortments through rapid home delivery and strengthens digital sales channels for regional grocers.

Market Coverage

• The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
  o By Product Category
  o By Retail Format
  o By Geography

Competitive Landscape – Walmart, Costco, Schwarz Group, Kroger, Amazon, among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Food and Grocery Retail Market Report Segment

By Product Category

• Fresh Food
• Packaged Food
• Beverages
• Household & Personal Care

By Retail Format

• Hypermarkets & Supermarkets
• Convenience Stores
• Discount Stores

By Distribution Channel

• Online
• Offline

Global Food and Grocery Retail Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• Fance
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

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