Alimentos ProcesadosAbr. 5, 2020
India: ventas totales de alimentos en el sector de retail para el año 2023 alcanzarán 800 mil millones de dólares
The Indian food & grocery (F&G) retail industry is experiencing major
changes with the emergence of new hypermarkets and rapidly expanding organized retail and e-retail platforms across various parts of the country. India’s F&G retail market is the third largest in the world with sales expected to surpass $800 billion by 2023, according to private estimates. The Indian F&G market constitutes almost 65% of the total retail market in India.
The market is dominated by traditional retail formats, specifically neighborhood shops called kirana stores (equivalent to mom & pop stores in the U.S.), which hold about 98 percent of the total market share. The market share held by modern trade formats like supermarkets and hypermarkets is expected to double to four percent by 2020, as these chains can quickly fulfill the evolving needs of consumers.
Full report here
Source: USDA/March 30. 2020