Supermarkets is projected to maintain double-digit current value growth rates in India throughout the forecast period, along with stable, solid growth in outlet numbers. Modern grocery retail channels such as supermarkets are becoming increasingly popular amongst consumers due to their wide product range, discounts, and good services.
Designed keeping in mind the refined tastes and aesthetic sensibilities of food connoisseurs and well-travelled consumers in urban areas, who are used to the finer things in life, Reliance Retail has a Freshpik store, which offers a mix of the finest food and beverage products sourced from local and international destinations. It offers ready to eat products, as well as fruits and vegetables, and ingredients essential to create different international cuisines, such as Italian, Japanese, and Thai – including breads, artisanal cheeses, ice cream, frozen desserts, and chocolate from local and international producers.
There is increasing urbanisation in India, with an increase in the number of high rise buildings in areas which were previously considered as the outskirts of cities, or underdeveloped areas. With the opening of new supermarkets in these areas, and the migration of consumers to these outlets, they will be able to attract first-time consumers and build a long-term relationship with them to ensure their growth.
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Understand the latest market trends and future growth opportunities for the Supermarkets industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Supermarkets industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Supermarkets are chained or independent retail outlets with a selling space of between 400 and 2,500 square metres and with a primary focus on selling food/beverages/tobacco and other groceries. Supermarkets may also sell a selection of non-groceries, but the product mix is skewed towards grocery items. Example brands include Casino, Kroger, and Tesco. Exception: In some markets, primarily the US, Australia and Hong Kong, there are grocery retailer brands that operate outlets with a selling space of over 2,500 square metres, but offer only a very limited range of non-grocery merchandise or none at all. These brands are included in Supermarkets.
See All of Our DefinitionsThis report originates from Passport, our Supermarkets research and analysis database.
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