Asia-Pacific (APAC) Food and Grocery Sector Overview, Market Size, Competitive Landscape and Forecast to 2027
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Asia-Pacific (APAC) Food and Grocery Sector Overview
The APAC food and grocery sector was valued at USD 5,586 billion in 2022. The sector will grow at a CAGR of more than 6% from 2022 to 2027. The APAC food and grocery sector research report uses data from the retail database showing the trends in the market and sectors by value and volume. It also reveals the brand leaders by market share in 2022 in each of the sectors as well as the total home sector.
APAC Food and Grocery Sector Overview 2022-2027 ($ Billion)
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This databook provides both the historical and forecast market data of total retail sales in the APAC. It illustrates the data with charts, graphs, and tables summarizing the value trends, with individual sector details in overall retail. The forecasts include the impact of inflation on growth. The databook also reveals major retailers and their market share along with their price and market positioning in 2022.
Market Size (2022) | USD 5,586 billion |
CAGR (2022-2027) | >6% |
Key Categories | · Drinks
· Food · Household Products · Tobacco |
Key Countries | · China
· India · Japan · Australia · Hong Kong |
Key Distribution Channel | · Convenience Stores (including independents) and Gas Stations
· Hypermarkets, Supermarkets and Hard Discounters · Food and Drinks Specialists · Online |
Key Companies | · Lawson
· Coles · Japan Consumers Cooperative Union · emart · uSmile |
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APAC Food and Grocery Sector Segmentation by Categories
The key categories in the APAC food and grocery sector are food, drinks, household products, and tobacco. In 2022, the food category dominated the APAC food and grocery sector and will continue to dominate the market during the projected period.
APAC Food and Grocery Sector Analysis by Categories, 2022 (%)
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APAC Food and Grocery Sector Segmentation by Countries
The key countries in the APAC food and grocery sector are China, India, Japan, Indonesia, and Australia among others. In 2022, China dominated the APAC food and grocery sector in all categories.
APAC Food and Grocery Sector Analysis by Countries, 2022 (%)
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APAC Food and Grocery Sector Segmentation by Distribution Channels
The key distribution channels in the APAC food and grocery sector are convenience stores (including independents) and gas stations, hypermarkets, supermarkets, and hard discounters, food and drinks specialists, and online among others. In 2022, convenience stores (including independents) and gas stations distribution channel dominated the APAC food and grocery sector.
APAC Food and Grocery Sector Analysis by Distribution Channel, 2022 (%)
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APAC Food and Grocery Sector Segmentation by Companies
The key companies in the APAC food and grocery sector are Lawsons, Coles, Japan Consumers Cooperative Union, emart, uSmile, RT Mart, Unimart, Aldi, Easy Joy, and Daiei among others. In 2022, Lawsons dominated the APAC food and grocery sector share.
APAC Food and Grocery Sector Analysis by Companies, 2022 (%)
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Segments Covered in this Report
APAC Food and Grocery Sector Category Outlook (Value, $ Billion, 2017-2027)
- Drinks
- Food
- Household Products
- Tobacco
APAC Food and Grocery Sector Country Outlook (Value, $ Billion, 2017-2027) - China
- India
- Japan
- South Korea
- Australia
- Indonesia
APAC Food and Grocery Sector Distribution Channel Outlook (%, 2022-2027)
- Drug Stores and Food and grocery Stores
- Convenience Stores (Including Independents) And Gas Stations
- Hypermarkets, Supermarkets and Hard Discounters
- Food and Drinks Specialists
- Online
- Other Non-Store Retail
Key Highlights
The overall retail industry in APAC is forecast to grow at a CAGR of 6.9% between 2022 and 2027 to reach $ 12,732bn.
Sales in the Food & grocery sector is forecast to reach $ 7,788bn in 2027, growing at a CAGR of 6.8% between 2022-2027.
Online channel is projected to grow from $ 412.9bn in 2022 to $ 715.9bn in 2027 at a CAGR of 11.6%
Lawson is the leading retailer with a market share of 0.5% in 2022
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- Gain a comprehensive view of the APAC Food & grocery market and forecasts to 2027
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Table of Contents
Frequently asked questions
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What was the APAC food & grocery sector size in 2022?
The APAC food and grocery sector was valued at USD 5,586 billion in 2022.
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What will be the CAGR in the APAC food & grocery sector during 2022-2027?
The sector will grow at a CAGR of more than 6% from 2022 to 2027.
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Which was the leading category in the APAC food & grocery sector?
In 2022, the food category dominated the APAC food and grocery sector.
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Which was the dominant distribution channel in the APAC food & grocery sector?
In 2022, convenience stores (including independents) and gas stations distribution channel dominated the APAC food and grocery sector.
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Which country led the APAC food & grocery sector?
China led the APAC food & grocery sector in 2022.
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Which are the leading players in the APAC food & grocery sector?
Lawsons, Coles, Japan Consumers Cooperative Union, emart, uSmile, RT Mart, Unimart, Aldi, Easy Joy, and Daiei are some of the leading players in the APAC food & grocery sector.
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