Global Grocery Market Size and Share Analysis Press Release 2025-2033
Global Grocery Market to Reach USD 17.4 Trillion by 2033 Driven by Digital Retail, Health-Focused Consumption, and Quick-Commerce Expansion
Phoenix Research is optimistic about the global grocery market, reporting a steady 4.4% Compound Annual Growth Rate (CAGR)
– November 2025 – Phoenix Research has published its latest study, “Global Grocery Market Size, Share & Forecast 2025–2033,” revealing a major shift in how consumers worldwide purchase food, beverages, and household essentials. According to the Phoenix Demand Forecast Engine, the Global Grocery Market—valued at USD 12.3 trillion in 2025—is projected to grow to USD 17.4 trillion by 2033, expanding at a CAGR of ~4.4%.
The market is undergoing rapid modernization as retailers scale online grocery, quick-commerce delivery, private labels, and health-focused product categories. Digital-first buying behavior, healthier lifestyles, and demand for convenience are reshaping every retail channel—from hypermarkets and supermarkets to online marketplaces and dark-store-driven express delivery platforms.
“Grocery retail is experiencing the most profound transformation in decades,” said Elena Martins, Global Retail Analyst at Phoenix Research. “Consumers want speed, freshness, and transparency, and retailers are answering with AI-driven inventory systems, subscription-based delivery, and sustainable packaging. The shift toward digital grocery and value-led private labels is changing global competitive dynamics.”
Key Market Forces Driving Growth
Omnichannel Retail Acceleration
Consumers are shifting between in-store, online, click-and-collect, and quick-delivery options, pushing retailers to integrate inventory systems, personalization tools, and automated fulfillment.
Health, Organic & Fresh Food Demand
Nutritional awareness is rising globally, expanding demand for organic, clean-label, plant-based, and functional food categories.
Supply Chain Automation
AI and predictive analytics are helping retailers forecast demand, reduce stockouts, and cut waste—making grocery operations more efficient and scalable.
Private Label Expansion
Retailers are strengthening their private-label portfolios to offer affordable, high-quality alternatives that appeal to value-conscious shoppers.
Rise of Quick-Commerce (Q-Commerce)
Micro-fulfillment centers, dark stores, and 10–30-minute delivery models are reshaping convenience-led grocery buying in urban areas.
Regional Highlights
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Asia-Pacific remains the largest global market, driven by population scale, rapid urbanization, and mobile-first e-commerce adoption.
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Middle East & Africa will be the fastest-growing region, supported by organized retail expansion and rising digital grocery penetration.
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North America is leading in digitized grocery retail, subscription-based models, and private-label strength.
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Europe continues to dominate in sustainability-driven retail, discount formats, and hybrid omnichannel adoption.
Why the Global Grocery Market Remains Critical
The grocery ecosystem underpins global food availability, household consumption, and everyday retail spending. As economies evolve, grocery remains the most resilient and indispensable retail category, ensuring food security, supporting millions of jobs, and enabling continuous innovation in logistics, farming, and digital commerce.
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