Europe Food and Grocery Sector Overview, Market Size, Competitive Landscape and Forecast to 2027
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Europe Food and Grocery Sector Overview
The Europe food and grocery sector size was EUR 1,921 billion in 2022. The sector will grow at a CAGR of more than 8% from 2022 to 2027. The Europe food and grocery sector research report uses data from the retail database and showcases 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 entire retail market of Europe.
Europe Food and Grocery Sector Overview 2022-2027 (EUR Billion)
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The Europe food and grocery sector market research report provides historical and forecast period data for total retail sales in the region. This report offers a detailed analysis of the market with the impact of recent events on customer shopping behavior, key retailers, and the competitive landscape in the food and grocery market.
Market Size (2022) | EUR 1,921 billion |
CAGR (2022-2027) | >8% |
Key Categories | · Drinks
· Food · Household Products · Tobacco |
Key Countries | · France
· Germany · Italy · The UK · Turkey |
Key Distribution Channel | · Hypermarkets, Supermarkets and Hard Discounters
· Convenience Stores (including independents) and Gas Stations · Food and Drinks Specialists · Online |
Key Companies | · Lidl
· Aldi · Carrefour Market · Tesco · Edeka |
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Europe Food and Grocery Sector Segmentation by Categories
The key categories in the Europe food and grocery sector are food, drinks, household products, and tobacco. In 2022, the food category dominated the Europe food and grocery sector and will continue to dominate the market growth during the projected period.
Europe Food and Grocery Sector Analysis by Categories, 2022 (%)
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Europe Food and Grocery Sector Segmentation by Countries
The key countries in the Europe food and grocery sector are France, Germany, Italy, the UK, and Turkey among others. In 2022, France dominated the food sector in Europe in 2022.
Europe Food Sector Analysis by Countries, 2022 (%)
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Europe Food and Grocery Sector Segmentation by Distribution Channels
The key distribution channels in the Europe 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, hypermarkets, supermarkets, and hard discounters was the leading distribution channel in the Europe food and grocery sector.
Europe Food and Grocery Sector Analysis by Distribution Channel, 2022 (%)
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Europe Food and Grocery Sector Segmentation by Companies
The key companies in the Europe food and grocery sector are:
- Lidl
- Aldi
- Carrefour Market
- Tesco
- Edeka
In 2022, Lidl dominated the Europe food and grocery sector share, followed by Aldi.
Europe Food and Grocery Sector Analysis by Companies, 2022 (%)
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Key Highlights
The overall retail industry in Europe is forecast to grow at a CAGR of 6.8% between 2022 and 2027 to reach EUR5,349 bn.
Sales in the Food & grocery sector is forecast to reach EUR2,862 bn in 2027, growing at a CAGR of 8.3% between 2022-2027.
Online channel is projected to grow from EUR77.2 bn in 2022 to EUR133.7 bn in 2027 at a CAGR of 11.6%
Lidl is the leading retailer with a market share of 5.1% in 2022
Reasons to Buy
- Gain a comprehensive view of the Europe food & grocery market and forecasts to 2027
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the food & grocery market in Europe.
- Investigate current and forecast trends in the Europe Food & grocery sector to identify the opportunities offering the most potential.
- Understand who the main competitors are in the food & grocery sector and their price positioning.
Aldi
Carrefour Market
Tesco
Edeka
E.Leclerc
Intermarché
Spar
Kaufland
Mercadona
Table of Contents
Frequently asked questions
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What was the Europe food & grocery sector size in 2022?
The Europe food and grocery sector was valued at EUR 1,921 billion in 2022.
-
What will be the CAGR in the Europe food & grocery sector during 2022-2027?
The sector will grow at a CAGR of more than 8% from 2022 to 2027.
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Which was the leading category in the Europe food & grocery sector?
In 2022, the food category dominated the Europe food and grocery sector.
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Which was the dominant distribution channel in the Europe food & grocery sector?
In 2022, hypermarkets, supermarkets and hard discounters was the leading distribution channel in the Europe food and grocery sector.
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Which are the leading players in the Europe food & grocery sector?
Lidl, Aldi, Carrefour Market, Tesco, and Edeka are a few of the leading players in the Europe food & grocery sector.
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