The Indian food and grocery retail market is estimated to grow at a CAGR of more than 7.0% during the forecast period. Being the second most populated country across the globe with a population of more than 1.3 billion, the demand for retail is reasonably high in the country. Food processors, wholesalers, importers, and retailers are all part of the developing economy. Fueled by increasing disposable incomes, the food, and grocery retail sector is experiencing a significant change in consumption patterns. The food and grocery retail is still dominated by small local stores in the unorganized sector. However, the potential for large-scale multinational retailers is promising and heavy investments are expected in the country in the next few years. 

The Indian food and grocery retail market is segmented on the basis of 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 distribution channel, the market is segmented into online and offline channel. 

India is a developing economy and has witnessed heavy investments in the past decade with numerous companies emerging in the retailing market. The country is home to multi-billion businesses including Aditya Birla Retail Ltd., Avenue Supermarts Ltd., Amazon.com, Inc., Future Value Retail Ltd., Reliance Retail Ltd., and Star Bazaar (Tata Group). The outbreak of the COVID-19 pandemic triggered a lift in sales across digital channels of most of the companies with the entire country being in lockdown for around 2 months from the end of March 2020. For instance, Avenue Supermarts Ltd., started special home-delivery services during the nationwide lockdown from its stores, as customers were not able to visit the brick and mortar stores.

Research Methodology

The market study of the Indian 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 breakdown the market in 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 bring authenticity to the report.

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. Indian Food and Grocery Retail Market Research and Analysis By Product
2. Indian 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.