Persistence Market Research Reports Food Retail Market

Food Retail Market 2010-2020: Current Trends,
Challenges, Competition & Companies Involved,
Technology and Value Chain Analysis
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. Food Retail is categorized under distribution channel into four different
segments: supermarkets/hypermarkets, independent and specialist retailers, convenience stores and others.
Supermarket or hypermarket segment accounts for a comparatively larger market share.
Increasing customer preference towards private label brands, rising consumer spending on food items and
increasing supermarket shopping culture are some of the major drivers of the market. Market share of
independent and specialist retailers is expected to decline on account of rapid growth of other segments such as
supermarkets/hypermarkets. The industry is facing challenges in the form of supply chain ineffectiveness and
threat from unorganized players. However, the burgeoning middle-class population and increasing online retail
shopping are offsetting these challenges and presenting growth opportunities for the industry.
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