PUBLISHER: The Business Research Company | PRODUCT CODE: 1680434
PUBLISHER: The Business Research Company | PRODUCT CODE: 1680434
Supermarkets and hypermarkets are retail establishments that specialize in selling fresh, frozen, and canned foods, along with dry goods such as tea, coffee, spices, sugar, and flour. They also offer a variety of fresh produce, including fruits and vegetables, as well as both fresh and prepared meats, fish, and poultry, catering to the needs of end consumers.
The primary categories of these retail establishments include both supermarkets and hypermarkets. A supermarket, characterized as a large retail store, provides a wide range of food and household items, typically allowing customers to serve themselves. The predominant ownership structures encompass retail chains and independent retailers, spanning various sectors such as consumer electronics, furniture, food and beverage, toys and stationery, personal care products, cosmetics, home textiles, clothing, and other diverse applications.
The supermarkets and hypermarkets market research report is one of a series of new reports from The Business Research Company that provides supermarkets and hypermarkets market statistics, including supermarkets and hypermarkets industry global market size, regional shares, competitors with a supermarkets and hypermarkets market share, detailed supermarkets and hypermarkets market segments, market trends and opportunities, and any further data you may need to thrive in the supermarkets and hypermarkets industry. This supermarkets and hypermarkets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The supermarkets and hypermarkets market size has grown strongly in recent years. It will grow from $3771.11 billion in 2024 to $4087.13 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to changing consumer lifestyles, urbanization trends, rising disposable income, brand loyalty, supply chain efficiency.
The supermarkets and hypermarkets market size is expected to see strong growth in the next few years. It will grow to $5414.75 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to e-commerce integration, health and wellness trends, sustainability initiatives, globalization, innovation in store formats. Major trends in the forecast period include enhanced customer loyalty programs, local sourcing and regional products, efforts towards contactless shopping, expansion of fresh and ready-to-eat offerings, data-driven inventory management.
Supermarkets and hypermarkets are strategically adopting a comprehensive approach to data analytics in management, utilizing technology to boost supply chain efficiency, streamline operations for customer engagement, and foster loyalty. The significance of data has become paramount in numerous retail operations, and with the rapid proliferation of retail data and the availability of advanced technologies for analysis, supermarkets and hypermarkets are better positioned to identify and fulfill the needs and expectations of their customers. This is anticipated to be a driving force for the market in the foreseeable future.
The expanding wellness economy is anticipated to boost the supermarkets and hypermarkets market in the coming years. The wellness economy encompasses industries focused on preserving or enhancing individuals' overall health and well-being. Supermarkets and hypermarkets serve as venues for food purchases and also feature health and wellness resources, thereby increasing the emphasis on health along with nutritional guidance. For example, a report from the Global Wellness Institute, a U.S.-based nonprofit organization dedicated to wellness, revealed that the global wellness economy was valued at $5,193.3 billion in 2021 and grew to $5,611.6 billion in 2022. Consequently, the growing wellness economy is driving the expansion of the supermarkets and hypermarkets market.
Supermarkets and hypermarkets are increasingly utilizing blockchain technology to monitor product details such as source, manufacturing location, and transportation modes. Blockchain technology, characterized as a data structure ensuring security, transparency, and decentralization of transactional records, is becoming integral to supply chain management. With a growing awareness of healthy eating, consumers actively seek information about the origin and methods of food production, emphasizing the need for transparency throughout the food supply chain. Blockchain technology facilitates access to labeling information via smartphones, providing users with comprehensive data tracking to ensure food quality. An example of this is Zipmex, a Southeast Asia-based digital asset platform, collaborating with Thailand's Central Retail Corporation to launch a blockchain-powered supermarket in March 2022.
Major companies in the supermarket and hypermarket sector are introducing innovative store concepts, such as sustainable autonomous hybrid stores, to enhance the shopping experience and boost market revenue. Autonomous hybrid stores integrate AI-powered computer vision to offer a seamless shopping experience, enabling customers to select items and exit without the traditional checkout process. For instance, Trigo, an Israel-based computer vision company, partnered with Germany's retail company REWE Group to launch Berlin's first full-scale autonomous-hybrid supermarket in June 2022. Trigo's AI-driven computer vision and standard hardware transform traditional supermarkets into fully automated and digitized retail spaces. The company utilizes unique algorithms in overhead cameras to autonomously track and record shoppers' movements and item selections while ensuring privacy. All transactions and receipts are processed online.
Major companies operating in the supermarkets and hypermarkets market include Walmart Inc., Costco Wholesale Corporation, Schwarz Unternehmenstreuhand KG, The Kroger Co., Aldi, Target Corporation, Rewe Group, Koninklijke Ahold Delhaize N.V, Carrefour SA, Tesco plc, Albertsons Companies Inc., Edeka Group, Aeon Co. Ltd., Shoprite Holdings Limited, Woolworths Group Limited, J Sainsbury plc, Casino Group, X5 Retail Group N.V., Migros Genossenschafts-Bund, Metro AG, Systeme U, Coles Group Limited, Seven & I Holdings Co. Ltd., Colruyt Group, Lotte Corp., SPAR International, Fonciere Euris SA, Lidl Stiftung & Co. KG, Auchan Retail S.A., Kroger Asia Pacific, Jeronimo Martins SGPS SA, Kesko Corporation, Shufersal Ltd., Magnit LLC, PT. Hero Supermarket Tbk, ICA Gruppen AB, Giant Eagle Inc., Meijer Inc., Delhaize Group
North America was the largest region in the supermarkets and hypermarkets market in 2024. Western Europe was the second-largest region in the supermarkets and hypermarkets market. The regions covered in the supermarkets and hypermarkets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the supermarkets and hypermarkets market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The supermarket and hypermarket market includes revenues earned by entities by providing services through supermarkets and hypermarkets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Supermarkets And Hypermarkets Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on supermarkets and hypermarkets market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for supermarkets and hypermarkets ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The supermarkets and hypermarkets market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.