The current valuation of the food and grocery retail market is US$ 12.4 trillion by 2024. The market valuation is estimated to be US$ 17.1 trillion by 2034, projected at a CAGR of 3.3%. Growing awareness about health and wellness has spurred demand for organic, natural, and health-conscious food products. Retailers catering to these preferences are experiencing …
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Global Food and Grocery Retail Market Foresees to rise at an expected CAGR of 3.3% until 2034, FMI Analysis
The current valuation of the food and grocery retail market is US$ 12.4 trillion by 2024. The market valuation is estimated to be US$ 17.1 trillion by 2034, projected at a CAGR of 3.3%. Growing awareness about health and wellness has spurred demand for organic, natural, and health-conscious food products. Retailers catering to these preferences …