Global Food Retail Market : Segments, Dynamics, Size, Forecast, Supply & Demand Value Chain to 2020

Global Market Study on Food Retail Market :

Forecast 2014 - 2020

Persistence Market Research

Food Retail Market Expected to Progress

$8,541.9 Billion Globally in 2020 Persistence Market Research

Persistence Market Research

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Global Market Study on Food Retail Market :

Forecast 2014 - 2020

Persistence Market Research Released New Market Report “Global Market Study on Food Retail

Market : Forecast 2014 - 2020”, the global Food Retail market was valued at USD 5,643.6 billion in 2013

and is expected to grow at a CAGR of 6.1 % from 2014 to 2020, to reach an estimated value of USD

8,541.9 billion in 2020.

Rise in the global population, changing customer preferences, and emerging economies are making the

way for the food retail industry. It is a dynamically progressing industry and contributes to the

development of several industries such as food packaging. Rising middle-class population is creating

growth opportunities for food retail market and is expected to drive the market further. According to a

U.S.-based research firm, about 1.5 billion households globally would be in the middle-class category by

2020, up from 1.2 billion households in 2012. China and India are among the countries witnessing a fast

growth in their middle-class population. In 2012, there were 227 million and 149 million middle-class

households in China and India, respectively. In addition, due to busy life schedules many working peoples

have less time to shop for food items. Therefore, increasing online retail shopping through online retail

formats such as in-store pickup and pure-play online grocers is expected to drive the food retail market in

the years to come.

The restraining impact of lack of supply chain effectiveness in less developed countries is expected to be

medium in the short and medium terms, and low in the long term. Government investment in

infrastructure and the entry of global food processing companies in developing countries are expected to

minimize the impact of supply...