North America (NAFTA) Food and Grocery Market Summary, Competitive Analysis and Forecast, 2017-2026
March 1, 2023
MarketLine
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North America (NAFTA) Food and Grocery Market Summary, Competitive Analysis and Forecast, 2017-2026
Abstract
Summary
The NAFTA Food & Grocery Retail industry profile provides top-line qualitative and quantitative summary information including: industry size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The food & grocery retail industry within the NAFTA countries had a total market value of $1,796,570.3 million in 2021.The US was the fastest growing country, with a CAGR of 5.1% over the 2017-21 period. - Within the food & grocery retail industry, the US is the leading country among the NAFTA bloc, with market revenues of $1,463,354.0 million in 2021. This was followed by Mexico and Canada, with a value of $183,158.6 and $150,057.6 million, respectively. - The US is expected to lead the food & grocery retail industry in the NAFTA bloc, with a value of $1,724,090.0 million in 2026, followed by Mexico and Canada with expected values of $247,351.9 and $182,331.3 million, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA food & grocery retail industry - Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA food & grocery retail industry - Leading company profiles reveal details of key food & grocery retail industry players’ NAFTA operations and financial performance - Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA food & grocery retail industry with five year forecasts - Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
- What was the size of the NAFTA food & grocery retail industry by value in 2021? - What will be the size of the NAFTA food & grocery retail industry in 2026? - What factors are affecting the strength of competition in the NAFTA food & grocery retail industry? - How has the industry performed over the last five years? - What are the main segments that make up the NAFTA food & grocery retail industry?
Content
Table of Contents
1 Introduction 1.1. What is this report about? 1.2. Who is the target reader? 1.3. How to use this report 1.4. Definitions 2 NAFTA Food & Grocery Retail 2.1. Industry Outlook 3 Food & Grocery Retail in Canada 3.1. Market Overview 3.2. Market Data 3.3. Market Segmentation 3.4. Market outlook 3.5. Five forces analysis 4 Macroeconomic Indicators 4.1. Country data 5 Food & Grocery Retail in Mexico 5.1. Market Overview 5.2. Market Data 5.3. Market Segmentation 5.4. Market outlook 5.5. Five forces analysis 6 Macroeconomic Indicators 6.1. Country data 7 Food & Grocery Retail in The United States 7.1. Market Overview 7.2. Market Data 7.3. Market Segmentation 7.4. Market outlook 7.5. Five forces analysis 8 Macroeconomic Indicators 8.1. Country data 9 Company Profiles 9.1. Loblaw Companies Limited 9.2. Empire Co Ltd 9.3. Metro Inc 9.4. Organizacion Soriana SAB de CV 9.5. FEMSA Comercio SA de CV 9.6. Walmart Inc 9.7. The Kroger Co 9.8. Target Corp 9.9. Costco Wholesale Corporation 10 Appendix 10.1. Methodology 10.2. About MarketLine
List of Tables Table 1: NAFTA countries food & grocery retail industry, revenue ($m), 2017-26 Table 2: NAFTA countries food & grocery retail industry, revenue ($m), 2017-21 Table 3: NAFTA countries food & grocery retail industry forecast, revenue ($m), 2021-26 Table 4: Canada food & grocery retail market value: $ billion, 2016-21 Table 5: Canada food & grocery retail market category segmentation: % share, by value, 2016–2021 Table 6: Canada food & grocery retail market category segmentation: $ billion, 2016-2021 Table 7: Canada food & grocery retail market geography segmentation: $ billion, 2021 Table 8: Canada food & grocery retail market distribution: % share, by value, 2021 Table 9: Canada food & grocery retail market value forecast: $ billion, 2021–26 Table 10: Canada size of population (million), 2017–21 Table 11: Canada gdp (constant 2005 prices, $ billion), 2017–21 Table 12: Canada gdp (current prices, $ billion), 2017–21 Table 13: Canada inflation, 2017–21 Table 14: Canada consumer price index (absolute), 2017–21 Table 15: Canada exchange rate, 2017–21 Table 16: Mexico food & grocery retail market value: $ billion, 2016-21 Table 17: Mexico food & grocery retail market category segmentation: % share, by value, 2016–2021 Table 18: Mexico food & grocery retail market category segmentation: $ billion, 2016-2021 Table 19: Mexico food & grocery retail market geography segmentation: $ billion, 2021 Table 20: Mexico food & grocery retail market distribution: % share, by value, 2021 Table 21: Mexico food & grocery retail market value forecast: $ billion, 2021–26 Table 22: Mexico size of population (million), 2017–21 Table 23: Mexico gdp (constant 2005 prices, $ billion), 2017–21 Table 24: Mexico gdp (current prices, $ billion), 2017–21 Table 25: Mexico inflation, 2017–21 Table 26: Mexico consumer price index (absolute), 2017–21 Table 27: Mexico exchange rate, 2017–21 Table 28: United States food & grocery retail market value: $ billion, 2016-21 Table 29: United States food & grocery retail market category segmentation: % share, by value, 2016–2021 Table 30: United States food & grocery retail market category segmentation: $ billion, 2016-2021 Table 31: United States food & grocery retail market geography segmentation: $ billion, 2021 Table 32: United States food & grocery retail market distribution: % share, by value, 2021 Table 33: United States food & grocery retail market value forecast: $ billion, 2021–26 Table 34: United States size of population (million), 2017–21 Table 35: United States gdp (constant 2005 prices, $ billion), 2017–21 Table 36: United States gdp (current prices, $ billion), 2017–21 Table 37: United States inflation, 2017–21 Table 38: United States consumer price index (absolute), 2017–21 Table 39: United States exchange rate, 2017–21 Table 40: Loblaw Companies Limited: key facts Table 41: Loblaw Companies Limited: Annual Financial Ratios Table 42: Loblaw Companies Limited: Key Employees Table 43: Empire Co Ltd: key facts Table 44: Empire Co Ltd: Annual Financial Ratios Table 45: Empire Co Ltd: Key Employees Table 46: Empire Co Ltd: Key Employees Continued Table 47: Metro Inc: key facts Table 48: Metro Inc: Annual Financial Ratios Table 49: Metro Inc: Key Employees Table 50: Metro Inc: Key Employees Continued Table 51: Organizacion Soriana SAB de CV: key facts Table 52: Organizacion Soriana SAB de CV: Annual Financial Ratios Table 53: Organizacion Soriana SAB de CV: Key Employees Table 54: FEMSA Comercio SA de CV: key facts Table 55: FEMSA Comercio SA de CV: Key Employees Table 56: Walmart Inc: key facts Table 57: Walmart Inc: Annual Financial Ratios Table 58: Walmart Inc: Key Employees Table 59: Walmart Inc: Key Employees Continued Table 60: Walmart Inc: Key Employees Continued Table 61: Walmart Inc: Key Employees Continued Table 62: The Kroger Co: key facts Table 63: The Kroger Co: Annual Financial Ratios Table 64: The Kroger Co: Key Employees Table 65: The Kroger Co: Key Employees Continued Table 66: Target Corp: key facts Table 67: Target Corp: Annual Financial Ratios Table 68: Target Corp: Key Employees Table 69: Target Corp: Key Employees Continued Table 70: Costco Wholesale Corporation: key facts Table 71: Costco Wholesale Corporation: Annual Financial Ratios Table 72: Costco Wholesale Corporation: Key Employees Table 73: Costco Wholesale Corporation: Key Employees Continued Table 74: Costco Wholesale Corporation: Key Employees Continued
List of Figures Figure 1: NAFTA countries food & grocery retail industry, revenue ($m), 2017-26 Figure 2: NAFTA countries food & grocery retail industry, revenue ($m), 2017-21 Figure 3: NAFTA countries food & grocery retail industry forecast, revenue ($m), 2021-26 Figure 4: Canada food & grocery retail market value: $ billion, 2016-21 Figure 5: Canada food & grocery retail market category segmentation: $ billion, 2016-2021 Figure 6: Canada food & grocery retail market geography segmentation: % share, by value, 2021 Figure 7: Canada food & grocery retail market distribution: % share, by value, 2021 Figure 8: Canada food & grocery retail market value forecast: $ billion, 2021–26 Figure 9: Forces driving competition in the food & grocery retail market in Canada, 2021 Figure 10: Drivers of buyer power in the food & grocery retail market in Canada, 2021 Figure 11: Drivers of supplier power in the food & grocery retail market in Canada, 2021 Figure 12: Factors influencing the likelihood of new entrants in the food & grocery retail market in Canada, 2021 Figure 13: Factors influencing the threat of substitutes in the food & grocery retail market in Canada, 2021 Figure 14: Drivers of degree of rivalry in the food & grocery retail market in Canada, 2021 Figure 15: Mexico food & grocery retail market value: $ billion, 2016-21 Figure 16: Mexico food & grocery retail market category segmentation: $ billion, 2016-2021 Figure 17: Mexico food & grocery retail market geography segmentation: % share, by value, 2021 Figure 18: Mexico food & grocery retail market distribution: % share, by value, 2021 Figure 19: Mexico food & grocery retail market value forecast: $ billion, 2021–26 Figure 20: Forces driving competition in the food & grocery retail market in Mexico, 2021 Figure 21: Drivers of buyer power in the food & grocery retail market in Mexico, 2021 Figure 22: Drivers of supplier power in the food & grocery retail market in Mexico, 2021 Figure 23: Factors influencing the likelihood of new entrants in the food & grocery retail market in Mexico, 2021 Figure 24: Factors influencing the threat of substitutes in the food & grocery retail market in Mexico, 2021 Figure 25: Drivers of degree of rivalry in the food & grocery retail market in Mexico, 2021 Figure 26: United States food & grocery retail market value: $ billion, 2016-21 Figure 27: United States food & grocery retail market category segmentation: $ billion, 2016-2021 Figure 28: United States food & grocery retail market geography segmentation: % share, by value, 2021 Figure 29: United States food & grocery retail market distribution: % share, by value, 2021 Figure 30: United States food & grocery retail market value forecast: $ billion, 2021–26 Figure 31: Forces driving competition in the food & grocery retail market in the United States, 2021 Figure 32: Drivers of buyer power in the food & grocery retail market in the United States, 2021 Figure 33: Drivers of supplier power in the food & grocery retail market in the United States, 2021 Figure 34: Factors influencing the likelihood of new entrants in the food & grocery retail market in the United States, 2021 Figure 35: Factors influencing the threat of substitutes in the food & grocery retail market in the United States, 2021 Figure 36: Drivers of degree of rivalry in the food & grocery retail market in the United States, 2021
The NAFTA Food & Grocery Retail industry profile provides top-line qualitative and quantitative summary information including: industry size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
Key Highlights
- The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The food & grocery retail industry within the NAFTA countries had a total market value of $1,796,570.3 million in 2021.The US was the fastest growing country, with a CAGR of 5.1% over the 2017-21 period. - Within the food & grocery retail industry, the US is the leading country among the NAFTA bloc, with market revenues of $1,463,354.0 million in 2021. This was followed by Mexico and Canada, with a value of $183,158.6 and $150,057.6 million, respectively. - The US is expected to lead the food & grocery retail industry in the NAFTA bloc, with a value of $1,724,090.0 million in 2026, followed by Mexico and Canada with expected values of $247,351.9 and $182,331.3 million, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA food & grocery retail industry - Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA food & grocery retail industry - Leading company profiles reveal details of key food & grocery retail industry players’ NAFTA operations and financial performance - Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA food & grocery retail industry with five year forecasts - Compares data from the US, Canada and Mexico, alongside individual chapters on each country
Reasons to Buy
- What was the size of the NAFTA food & grocery retail industry by value in 2021? - What will be the size of the NAFTA food & grocery retail industry in 2026? - What factors are affecting the strength of competition in the NAFTA food & grocery retail industry? - How has the industry performed over the last five years? - What are the main segments that make up the NAFTA food & grocery retail industry?
Table of Contents
1 Introduction 1.1. What is this report about? 1.2. Who is the target reader? 1.3. How to use this report 1.4. Definitions 2 NAFTA Food & Grocery Retail 2.1. Industry Outlook 3 Food & Grocery Retail in Canada 3.1. Market Overview 3.2. Market Data 3.3. Market Segmentation 3.4. Market outlook 3.5. Five forces analysis 4 Macroeconomic Indicators 4.1. Country data 5 Food & Grocery Retail in Mexico 5.1. Market Overview 5.2. Market Data 5.3. Market Segmentation 5.4. Market outlook 5.5. Five forces analysis 6 Macroeconomic Indicators 6.1. Country data 7 Food & Grocery Retail in The United States 7.1. Market Overview 7.2. Market Data 7.3. Market Segmentation 7.4. Market outlook 7.5. Five forces analysis 8 Macroeconomic Indicators 8.1. Country data 9 Company Profiles 9.1. Loblaw Companies Limited 9.2. Empire Co Ltd 9.3. Metro Inc 9.4. Organizacion Soriana SAB de CV 9.5. FEMSA Comercio SA de CV 9.6. Walmart Inc 9.7. The Kroger Co 9.8. Target Corp 9.9. Costco Wholesale Corporation 10 Appendix 10.1. Methodology 10.2. About MarketLine
List of Tables Table 1: NAFTA countries food & grocery retail industry, revenue ($m), 2017-26 Table 2: NAFTA countries food & grocery retail industry, revenue ($m), 2017-21 Table 3: NAFTA countries food & grocery retail industry forecast, revenue ($m), 2021-26 Table 4: Canada food & grocery retail market value: $ billion, 2016-21 Table 5: Canada food & grocery retail market category segmentation: % share, by value, 2016–2021 Table 6: Canada food & grocery retail market category segmentation: $ billion, 2016-2021 Table 7: Canada food & grocery retail market geography segmentation: $ billion, 2021 Table 8: Canada food & grocery retail market distribution: % share, by value, 2021 Table 9: Canada food & grocery retail market value forecast: $ billion, 2021–26 Table 10: Canada size of population (million), 2017–21 Table 11: Canada gdp (constant 2005 prices, $ billion), 2017–21 Table 12: Canada gdp (current prices, $ billion), 2017–21 Table 13: Canada inflation, 2017–21 Table 14: Canada consumer price index (absolute), 2017–21 Table 15: Canada exchange rate, 2017–21 Table 16: Mexico food & grocery retail market value: $ billion, 2016-21 Table 17: Mexico food & grocery retail market category segmentation: % share, by value, 2016–2021 Table 18: Mexico food & grocery retail market category segmentation: $ billion, 2016-2021 Table 19: Mexico food & grocery retail market geography segmentation: $ billion, 2021 Table 20: Mexico food & grocery retail market distribution: % share, by value, 2021 Table 21: Mexico food & grocery retail market value forecast: $ billion, 2021–26 Table 22: Mexico size of population (million), 2017–21 Table 23: Mexico gdp (constant 2005 prices, $ billion), 2017–21 Table 24: Mexico gdp (current prices, $ billion), 2017–21 Table 25: Mexico inflation, 2017–21 Table 26: Mexico consumer price index (absolute), 2017–21 Table 27: Mexico exchange rate, 2017–21 Table 28: United States food & grocery retail market value: $ billion, 2016-21 Table 29: United States food & grocery retail market category segmentation: % share, by value, 2016–2021 Table 30: United States food & grocery retail market category segmentation: $ billion, 2016-2021 Table 31: United States food & grocery retail market geography segmentation: $ billion, 2021 Table 32: United States food & grocery retail market distribution: % share, by value, 2021 Table 33: United States food & grocery retail market value forecast: $ billion, 2021–26 Table 34: United States size of population (million), 2017–21 Table 35: United States gdp (constant 2005 prices, $ billion), 2017–21 Table 36: United States gdp (current prices, $ billion), 2017–21 Table 37: United States inflation, 2017–21 Table 38: United States consumer price index (absolute), 2017–21 Table 39: United States exchange rate, 2017–21 Table 40: Loblaw Companies Limited: key facts Table 41: Loblaw Companies Limited: Annual Financial Ratios Table 42: Loblaw Companies Limited: Key Employees Table 43: Empire Co Ltd: key facts Table 44: Empire Co Ltd: Annual Financial Ratios Table 45: Empire Co Ltd: Key Employees Table 46: Empire Co Ltd: Key Employees Continued Table 47: Metro Inc: key facts Table 48: Metro Inc: Annual Financial Ratios Table 49: Metro Inc: Key Employees Table 50: Metro Inc: Key Employees Continued Table 51: Organizacion Soriana SAB de CV: key facts Table 52: Organizacion Soriana SAB de CV: Annual Financial Ratios Table 53: Organizacion Soriana SAB de CV: Key Employees Table 54: FEMSA Comercio SA de CV: key facts Table 55: FEMSA Comercio SA de CV: Key Employees Table 56: Walmart Inc: key facts Table 57: Walmart Inc: Annual Financial Ratios Table 58: Walmart Inc: Key Employees Table 59: Walmart Inc: Key Employees Continued Table 60: Walmart Inc: Key Employees Continued Table 61: Walmart Inc: Key Employees Continued Table 62: The Kroger Co: key facts Table 63: The Kroger Co: Annual Financial Ratios Table 64: The Kroger Co: Key Employees Table 65: The Kroger Co: Key Employees Continued Table 66: Target Corp: key facts Table 67: Target Corp: Annual Financial Ratios Table 68: Target Corp: Key Employees Table 69: Target Corp: Key Employees Continued Table 70: Costco Wholesale Corporation: key facts Table 71: Costco Wholesale Corporation: Annual Financial Ratios Table 72: Costco Wholesale Corporation: Key Employees Table 73: Costco Wholesale Corporation: Key Employees Continued Table 74: Costco Wholesale Corporation: Key Employees Continued
List of Figures Figure 1: NAFTA countries food & grocery retail industry, revenue ($m), 2017-26 Figure 2: NAFTA countries food & grocery retail industry, revenue ($m), 2017-21 Figure 3: NAFTA countries food & grocery retail industry forecast, revenue ($m), 2021-26 Figure 4: Canada food & grocery retail market value: $ billion, 2016-21 Figure 5: Canada food & grocery retail market category segmentation: $ billion, 2016-2021 Figure 6: Canada food & grocery retail market geography segmentation: % share, by value, 2021 Figure 7: Canada food & grocery retail market distribution: % share, by value, 2021 Figure 8: Canada food & grocery retail market value forecast: $ billion, 2021–26 Figure 9: Forces driving competition in the food & grocery retail market in Canada, 2021 Figure 10: Drivers of buyer power in the food & grocery retail market in Canada, 2021 Figure 11: Drivers of supplier power in the food & grocery retail market in Canada, 2021 Figure 12: Factors influencing the likelihood of new entrants in the food & grocery retail market in Canada, 2021 Figure 13: Factors influencing the threat of substitutes in the food & grocery retail market in Canada, 2021 Figure 14: Drivers of degree of rivalry in the food & grocery retail market in Canada, 2021 Figure 15: Mexico food & grocery retail market value: $ billion, 2016-21 Figure 16: Mexico food & grocery retail market category segmentation: $ billion, 2016-2021 Figure 17: Mexico food & grocery retail market geography segmentation: % share, by value, 2021 Figure 18: Mexico food & grocery retail market distribution: % share, by value, 2021 Figure 19: Mexico food & grocery retail market value forecast: $ billion, 2021–26 Figure 20: Forces driving competition in the food & grocery retail market in Mexico, 2021 Figure 21: Drivers of buyer power in the food & grocery retail market in Mexico, 2021 Figure 22: Drivers of supplier power in the food & grocery retail market in Mexico, 2021 Figure 23: Factors influencing the likelihood of new entrants in the food & grocery retail market in Mexico, 2021 Figure 24: Factors influencing the threat of substitutes in the food & grocery retail market in Mexico, 2021 Figure 25: Drivers of degree of rivalry in the food & grocery retail market in Mexico, 2021 Figure 26: United States food & grocery retail market value: $ billion, 2016-21 Figure 27: United States food & grocery retail market category segmentation: $ billion, 2016-2021 Figure 28: United States food & grocery retail market geography segmentation: % share, by value, 2021 Figure 29: United States food & grocery retail market distribution: % share, by value, 2021 Figure 30: United States food & grocery retail market value forecast: $ billion, 2021–26 Figure 31: Forces driving competition in the food & grocery retail market in the United States, 2021 Figure 32: Drivers of buyer power in the food & grocery retail market in the United States, 2021 Figure 33: Drivers of supplier power in the food & grocery retail market in the United States, 2021 Figure 34: Factors influencing the likelihood of new entrants in the food & grocery retail market in the United States, 2021 Figure 35: Factors influencing the threat of substitutes in the food & grocery retail market in the United States, 2021 Figure 36: Drivers of degree of rivalry in the food & grocery retail market in the United States, 2021