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This report gives an overview of the Italian food retail and distribution sectors and outlines current market trends, including best product prospects.
The South African retail food market is highly concentrated among the five largest companies, including Shoprite Holdings Ltd, Pick n Pay Retailers Pty Ltd, Spar Group Ltd, Massmart (Walmart-owned), and Woolworths Holdings Ltd.
Mexico, with its growing population, market-oriented agricultural and food sectors, and 2,000-mile land border with the United States, is the second-largest export market for U.S. agricultural products.
In 2022, the total value of all retail food and beverage (F&B) sales in Japan totaled $327 billion. As the market continues to transition to a post-COVID-19 environment, retailers and food and beverage manufacturers have implemented broad price increases on most food and beverage products, due to high inflation.
Korea was the 5th largest country importer of U.S. agricultural and related products in 2022. The United States is the leading supplier of imported consumer-oriented agricultural products for Korean retail industry, shipping $5.9 billion in 2022.
Post sees the food and beverage retail sector growing six percent more slowly than last year. Retail sales continue accelerating as chains open new outlets while enhancing their imports sections.
This report gives an overview of Thailand’s food retail sector and current market updates. Food and beverage sales are driving Thailand’s retail sector.
In 2022, Spain imported $1.98 billion worth of agricultural, seafood and forest products from the United States, up 28 percent compared to the previous year. The latest European Union (EU) economic forecast predicts that Spain's growth forecast will be 1.9 percent in 2023, above the EU average.
Vietnam's total retail sales in 2022 rose 13 percent year-on-year to $192 billion driven by a rebound in domestic consumption along with record-high gross domestic product (GDP) growth at 8.02 percent, according to Vietnam’s General Statistical Office.
Peru´s food retail sector grew 2.7 percent in 2022. Growth was driven by better performance of the modern channel, especially in the development of new store formats and an aggressive discounting campaign to encourage sales.
Retail food outlets in Taiwan are comprised of convenience stores, supermarkets, and hypermarkets, which generated $32.8 billion worth of sales in 2022, a 4.57 percent growth from 2021.
India’s food retail sector will continue its upward trajectory following a decade of market evolution and sustained growth. The increased purchasing power of Indian households, growing awareness and access to gourmet products, and consumer awareness toward international cuisines and food products have acted as primary growth catalysts in the sector.