New York, NY -- (SBWire) -- 12/13/2018 --This report on global Food and Grocery Retailing Market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this particular industry. Food and grocery the largest product category, accounting for 68.5% of total retail sales in 2018. From ARS870.1 billion in 2018, the food and grocery retail market is anticipated to grow at a CAGR of +16% over the forecast period, to reach ARS1, 891 billion by 2023. An increasing number of smaller formats and cheaper product offerings from the major retailers such as Jumbo and Carrefour is the major driving factor for food and grocery sales in the country
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It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the global market for Food and Grocery Retailing Collecting historical and recent data from various authentic resources, and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).
Key Findings
-Per capita expenditure on food and grocery stood at ARS22,042 in 2015, and is expected to rise to ARS41,555 by 2023
-Food and drink specialists command the majority of sales, accounting for 42.5% in 2018
- Sales through online channel are expected to grow at a CAGR of 28.86% during 2018-2023
Synopsis
Food and Grocery Retailing in Argentina - Market Summary and Forecasts? is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2023.
What else does this report offer?
-A thorough analysis of consumer trends changing economic and population factors
-Both qualitative and quantitative insights and analysis of the shifting food and grocery retail dynamics for drinks, household products, packaged food, tobacco and unpackaged food from 2013 to 2023
-Sales of food and grocery products through the following channels from 2013 to 2023: Hypermarkets, supermarkets and hard-discounters; food and drinks specialists; convenience stores (including Independents) and gas stations; cash and carries and warehouse clubs; other general and non-specialist direct retailers; value, variety stores and general merchandise retailers; online; drug stores and health and beauty stores; vending machines; duty free retailers; department stores; other specialist retailers
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It clarifies a radical synopsis of Food and Grocery Retailing Market dependent on the imperative parameters. End users, merchandises, provinces and many other subdivisions are deliberate and elucidated. A transitory concept about the dynamic forces which assist make the market greater rich are deliberated which will help customer appreciate the destiny Market situation. Projected revenue progression in phrases of capacity with appreciate to the Food and Grocery Retailing Market for the approaching years had been said in-depth.
For a detailed aggressive evaluation, the Global Food and Grocery Retailing Market is segmented on the idea of area, software, and product kind. By vicinity, the worldwide income market is divided into Asia-pacific, Europe, Latin America, the Middle East and Africa, and North America. Major industries are concentrating on distributing their products and services throughout various provinces.
Table of Contents (TOC)
Global Food and Grocery Retailing Market Research Report Forecast 2023
Chapter 1:- Food and Grocery Retailing Market Overview
Chapter 2:- Economic Impact on Industry
Chapter 3:- Production, Business Opportunities with Potential Analysis
Chapter 4:- Rising Trends and New Technologies with key players
Chapter 5:- Manufacturing Cost Analysis
Chapter 6:- Technology Progress, Development Process and Downstream Buyers
Chapter 7:- Marketing Strategy Analysis, Distributors/Traders
Chapter 8:- Market Share by Key Countries in These Regions
Chapter 9:- Show the Market by Type and Application, With Sales Market Share and Growth Rate
Chapter 10:- Appendix and Data Source
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Food and Grocery Retailing Market to Grow at a CAGR of +16 (%), Consumer, Competitive Context, Trends, Business, Developments, Growth and Forecast 2023
Both qualitative and quantitative insights and analysis of the shifting food and grocery retail dynamics for drinks, household products, packaged food, tobacco and unpackaged food from 2013 to 2023