The global food retail market size reached at USD 13.25 trillion in 2025 and is anticipated to increase from USD 14.07 trillion in 2026 to an estimated USD 24.18 trillion by 2035, witnessing a CAGR of 6.2% during the forecast period from 2026 to 2035. The rise in convenience-oriented shopping and the huge spending on higher-quality food drive market growth.

Market Size:

  • 2025: USD 13.25 trillion
  • 2026: Estimated at USD 14.07 trillion
  • By 2035: Expected to reach USD 24.18 trillion
  • CAGR: 6.2% from 2026 to 2035

What's Driving the Growth?
Convenience-oriented shopping is more popular than ever, along with consumers’ growing demand for higher-quality food options. Whether it's grabbing quick meals or sourcing premium ingredients, the food retail market is booming!