Food Retail Management

Odisha University of Agriculture and Technology

www.ouat.nic.in
 Etymology
Food: substance consisting essentially of protein, carbohydrate, fat,
and other nutrients used in the body of an organism to sustain growth
and vital processes and to furnish energy.
Food Retail Management

Food distribution: process in which a general population is supplied

with food. FAO considers food distribution as a subset of the food
system.

Food System: Sum of actors and interactions along the food value
chain-from input supply, production of crops, livestock, fish, and
other agricultural commodities to transportation, processing,
retailing, wholesaling, and preparation of foods to consumption and
disposal.
 Etymology
Food systems should be nutrition, health, safety-driven, productive,
efficient (affordable food), environmentally sustainable, climate-
smart, and inclusive. (IFPRI)
Food Retail Management

Market: Any system or place where parties are engaged in exchange

of either goods or services in lieu of money

Retail: includes all activities involved in selling goods or services to

the final consumers for personal, non-business use. Retailor provides
the goods that customer needs, in a desired form, at a required time
and place.

Food retail: It comprises of food & grocery, and food services. The
consumers buy packaged food, ready to cook, ready-to-eat food, and
avail food services
 Food Market
• Food market includes all kinds of fresh and processed foods.
The market is divided into following segments:
Food Retail Management

 Dairy Products &  Spreads & Sweeteners

Eggs, Meat
 Sauces & Condiments
 Fish & Seafood
 Convenience Food
 Vegetables & Fruits
 Confectionery & Snacks
 Bread & Cereal
Products  Baby Food and Pet Food

 Oils & Fats

Food Retail Management
Food Retail: Overview
Food Retail Management
Retail Formats
 Global Food Market
• Revenue in the Food market amounts to US$8.66tn in 2022.
The market is expected to grow annually by 6.72% (CAGR
Food Retail Management

2022-2027).

• The market's largest segment is the segment Confectionery &

Snacks with a market volume of US$1.56tn in 2022.

• In global comparison, most revenue is generated in China

(US$1,259.00bn in 2022).

• In relation to total population figures, per person revenues of

US$1,138.00 are generated in 2022.
 Global Food Market
• In the Food market, 7.8% of total revenue will be generated
through online sales by 2022.
Food Retail Management

• In the Food market, volume is expected to amount to

2,917,437.3mkg by 2027. The Food market is expected to
show a volume growth of 4.9% in 2023.

• The average volume per person in the Food market is

expected to amount to 327.78kg in 2022.

• The highest growth potential is attributable to the Baby food

segment due to the worldwide pandemic.
 Global Food Market- Volume in Million KG
2014 2015 2016 2017 2018 2019 2020

Baby Food 10,081.5 10,152.1 10,295.0 10,395.7 10,626.5 10,497.0 10,622.9

Bread &
Cereal 178,108.5 178,876.5 180,975.4 182,376.4 186,097.2 183,544.1 185,762.6
Products
Food Retail Management

Confectioner
18,515.4 18,839.4 19,312.8 19,716.2 20,393.7 20,329.8 20,677.7
y & Snacks

Convenience
11,457.3 11,820.5 12,275.2 12,686.8 13,267.5 13,401.8 13,863.0
Food
Dairy
Products & 100,120.8 99,115.6 99,402.1 99,233.4 100,947.1 99,105.1 100,014.6
Eggs
Fish &
3,845.6 3,933.3 4,042.9 4,130.5 4,265.2 4,250.3 4,352.3
Seafood

Fruits & Nuts 61,025.8 61,671.7 62,594.7 63,111.3 64,278.6 63,144.3 63,350.5

Meat 3,368.8 3,561.2 3,785.1 4,000.1 4,272.6 4,405.6 4,589.8

Oils & Fats 8,924.4 9,127.0 9,375.3 9,566.2 9,858.7 9,797.3 9,880.2

Pet Food 209.5 224.8 240.7 253.5 314.5 331.1 315.6

Sauces &
10,015.3 10,077.5 10,211.3 10,302.7 10,522.8 10,385.7 10,498.8
Spices

Spreads &
7,844.1 7,880.3 7,834.1 7,617.2 7,347.2 6,864.1 6,595.9
Sweeteners
Vegetables 76,950.6 79,205.6 81,985.3 84,401.3 87,867.3 88,309.8 89,542.8
Total 490,467.7 494,485.5 502,329.9 507,791.2 520,059.0 514,366.1 520,066.7
 Global Food Market- Volume in Million KG
2021 2022 2023 2024 2025 2026 2027
Baby Food 10,998.1 11,517.5 12,112.6 12,815.2 13,421.8 14,063.4 13,303.3
Bread &
Cereal 192,294.5 200,785.6 211,716.2 224,026.5 234,673.4 245,814.0 231,693.0
Products
Food Retail Management

Confectioner
21,472.2 22,538.6 23,742.3 25,364.3 26,831.8 28,114.5 27,244.9
y & Snacks
Convenience
14,664.4 15,684.4 16,840.0 18,183.1 19,428.4 20,357.1 20,113.2
Food
Dairy
Products & 103,292.3 107,972.1 113,398.7 119,857.0 125,445.2 131,384.4 122,624.6
Eggs
Fish &
4,548.3 4,760.9 5,093.6 5,436.4 5,741.4 6,021.1 5,941.0
Seafood
Fruits & Nuts 65,781.5 68,859.5 72,397.8 76,616.4 80,262.4 84,079.4 79,747.4
Meat 4,891.4 5,247.3 5,674.0 6,132.6 6,553.2 6,939.5 7,302.1
Oils & Fats 10,168.6 7,690.5 8,944.1 9,391.7 9,728.5 10,277.6 10,080.7
Pet Food 366.1 417.2 473.2 539.7 614.3 703.9 805.3
Sauces &
10,858.4 11,359.5 11,934.3 12,614.3 13,198.4 13,829.0 13,120.6
Spices
Spreads &
6,630.6 6,701.9 6,950.4 7,001.6 6,971.0 7,379.8 6,705.1
Sweeteners
Vegetables 94,073.6 99,648.5 105,920.4 113,090.8 119,470.8 125,765.0 125,044.7
Total 540,039.9 563,183.6 595,197.6 631,069.4 662,340.8 694,728.7 663,725.9
 Global Food Market- Revenue in Billion USD
2014 2015 2016 2017 2018 2019 2020

Baby Food 30.91 32.30 35.26 40.43 41.38 44.25 47.89

Bread &
Cereal 85.43 89.24 97.42 111.70 114.30 122.20 132.20
Products
Food Retail Management

Confectioner
51.14 53.81 59.27 68.66 71.11 76.80 83.62
y & Snacks

Convenience
25.91 27.74 31.02 36.41 38.13 41.70 46.13
Food
Dairy
Products & 77.40 81.05 88.68 101.90 104.50 112.00 121.50
Eggs
Fish &
24.03 25.24 27.70 31.91 32.83 35.28 38.37
Seafood

Fruits & Nuts 59.86 62.58 68.36 78.42 80.31 85.93 93.04

Meat 14.03 14.78 16.27 18.81 19.41 20.92 22.83

Oils & Fats 30.80 31.67 34.02 38.36 38.60 40.57 43.13

Pet Food 0.15 0.17 0.19 0.23 0.29 0.33 0.34

Sauces &
14.10 14.72 16.05 18.37 18.78 20.06 21.68
Spices

Spreads &
10.02 9.96 10.18 10.77 9.99 9.73 9.79
Sweeteners

Vegetables 45.87 48.10 52.69 60.61 62.25 66.79 72.52

Total 469.70 491.40 537.10 616.50 631.90 676.60 733.00

 Global Food Market- Revenue in Billion USD
2021 2022 2023 2024 2025 2026 2027

Baby Food 51.54 57.25 63.11 69.64 75.91 82.69 81.35

Bread &
Cereal 142.20 157.20 173.90 191.80 209.00 227.60 223.40
Products
Food Retail Management

Confectioner
90.26 100.50 110.90 123.40 135.60 147.70 148.40
y & Snacks
Convenience
50.73 57.56 64.78 72.96 81.13 88.38 90.83
Food
Dairy
Products & 131.00 145.90 161.20 178.20 194.70 212.20 209.00
Eggs
Fish &
41.50 46.01 51.45 57.15 62.68 68.35 70.34
Seafood
Fruits & Nuts 100.20 111.10 122.30 134.90 147.00 159.90 158.10

Meat 24.77 28.21 31.95 36.01 40.04 44.08 48.27

Oils & Fats 45.59 38.21 45.82 50.19 54.13 59.38 60.28

Pet Food 0.40 0.49 0.58 0.69 0.82 0.98 1.16

Sauces &
23.30 25.85 28.45 31.36 34.14 37.18 36.83
Spices
Spreads &
10.01 10.69 11.52 12.05 12.44 13.64 12.58
Sweeteners
Vegetables 78.31 87.81 97.66 108.60 119.20 130.40 133.40

Total 789.80 866.70 963.60 1,067.00 1,167.00 1,272.00 1,274.00

 Global Food Sale Channels (in %)
2017 2018 2019 2020 2021 2022 2023 2024 2025
Offlin 99.7 99.7 99.6 99.3 99.2 99.0 98.8 98.4 98.0
e
Food Retail Management

Onlin 0.3 0.3 0.4 0.7 0.8 1.0 1.2 1.6 2.0
e

Top 5 Food Market (2022) in billion USD

1. China 1,259.00
2. United States 964.70

3. India 866.70
4. Japan 673.80
5. Indonesia 264.80
Odisha University of Agriculture & Technology
(OUAT)