The Global Supermarkets And Hypermarkets Market Was Valued at $4 Billion in 2017 According To TBRC’s Latest Report


Posted August 27, 2018 by praneethtbrc

Western Europe was the largest geographic region accounting for $1091.1 billion or 30% of the global market. The USA was the largest country accounting for $541.9 billion or 14.9% of the global supermarkets

 
Supermarkets and hypermarkets are primarily engaged in the retail sale of all sorts of canned foods and dry goods, such as tea, coffee, spices, sugar, and flour; fresh fruits and vegetables; and fresh and prepared meats, fish, and poultry. They also have non-food items in their portfolio.

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The global supermarkets and hypermarkets market was valued at $4 billion in 2017, and is expected to be driven by western influence in lifestyle. Populations, majorly of developing countries, are increasingly shopping in formal retail outlets or online, buying branded goods that are more expensive than those sold in traditional markets. Western Europe was the largest geographic region in the market, accounting for less than three-fifth of the global market share.

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https://www.thebusinessresearchcompany.com/sample.aspx?id=460&type=smp

The USA was the largest country in the market, accounting for one-fifth share of the global supermarkets and hypermarkets market in 2017.

The top five competitors in the markets are Target Corporation Carrefour, Aldi, Wal-Mart, Tesco, and Carrefour.

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Categories Business , Retail , Shopping
Tags grocery store marke report , hypermarkets market report , supermarkets and hypermarkets global market report 2018 , supermarkets market report
Last Updated August 27, 2018