The France food and grocery retail market is estimated to grow at a CAGR of 4.1% during the forecast period. Improvements seen in this market in recent years have largely been the result of a strengthening economy and a growth in consumer spending, as well as an increase in consumer confidence. Online grocery shopping has been a key driver of growth in recent years, food and drinks now account for more than 30% of total internet sales in France. In March 2018, e-commerce giant, Amazon entered into an agreement with Casino enabling the groups upmarket Monoprix chain to become the first local retailer to agree to sell groceries via Amazon. Collaboration like this is expected to further fuel the market growth. 

France's food and grocery retail market is segmented based on product and distribution channels. Based on the product, the food and grocery retail market is segmented into packaged foods, unpackaged foods, beverages, and other household products. Based on the distribution channel, the market is segmented into online and offline. Driven by exports of foods, groceries, and consumer goods, together with strong domestic demand has benefited both, online and offline distribution channels. Primarily, due to the COVID-19 pandemic, there has been extreme growth in e-commerce food and grocery retailing, with governments pushing its use and consumers switching to comply with social distancing/quarantine or to secure groceries that they cannot be sure will be available in store. Retailers are betting that the change will hold after the pandemic will over, with many expanding their operations. Prior to the outbreak, e-commerce was the channel with the fastest growth rate; this forced acceleration could result in a paradigm shift in some segments.

Although the food & grocery market has enjoyed growth in recent years, some groups have experienced high rates of growth than others. Kosher and Halal foods have experienced higher value double digits growth. One of the most significant value increases is seen in the organic retail market. France has the second-largest organic retail market in Europe with sales escalating to more than $9 billion in 2019. France was the country with the highest growth of the organic market in 2018/19 achieving a 15% increase in value.

Research Methodology

The market study of the France food and grocery retail market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings more authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. France Food and Grocery Retail Market Research and Analysis by Product
2. France Food and Grocery Retail Market Research and Analysis by Distribution Channel

The Report Covers

• Comprehensive research methodology of the global food and grocery retail market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global food and grocery retail market.
• Insights about market determinants which are stimulating the global food and grocery retail market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.