Supermarkets and hypermarkets are primarily engaged in the retail sale of
all sorts of canned foods and dry goods, such as tea, coffee, spices, sugar,
and flour; fresh fruits and vegetables; and fresh and prepared meats, fish, and
poultry. They also have non-food items in their portfolio.
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The global supermarkets and hypermarkets market was valued at $4 billion in
2017, and is expected to be driven by western influence in lifestyle. Populations, majorly of
developing countries, are increasingly shopping in formal retail outlets or
online, buying branded goods that are more expensive than those sold in
traditional markets. Western Europe was the largest geographic region
in the market, accounting for less than three-fifth of the global market share.
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The USA was the largest country in the market, accounting for one-fifth
share of the global supermarkets and hypermarkets market in 2017.
The top five competitors in the markets are Target Corporation Carrefour,
Aldi, Wal-Mart, Tesco, and Carrefour.
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