The Supermarket in India is distinctive in some ways, primarily thanks to the range of consumers and therefore the unique distribution models of the retail sector. From mom-and-pop stores to large supermarkets to online grocery stores, the grocery business in India operates across channels.
However, most of India's grocery business happens through the unorganized sector, which mainly comprises commissary, also referred to as kiranas. There are over 12 million commissaries in India and account for over 90% share of the Indian F&G market, which is predicted to succeed in USD 810 Billion by 2020.
Indians have traditionally relied on mom-and-pop stores for his or her monthly food & grocery needs. These stores have a private reference to their customers and are well versed in customer preferences, which successively enables them to stock locally relevant products.
Between 2013 and 2019, India’s food & grocery market doubled from $300 billion to $600. Growth during this period was driven by traditional retailers – popular local corner shops that provide an assortment of products. within the initiate to 2024, researchers from RedSeer Consulting and BigBasket Brand Intelligence expect another ~$200 billion jump – this point driven by new segments. (Source Consultancy.in)
Traditional retail’s shrinking market share will remain dominant, in and around the 90% level. On the incline, however, is modern retail–organised versions of corner shops that are within the spotlight as retailers consider more formalized business models.
There are more than 435,000+ supermarkets in India and over 30,000+ supermarkets in the United States.
Reliance Retail is the biggest supermarket chain in India in terms of revenues as well as footprints.
The top 10 supermarkets in India are the following:
Let's have a look at the list of supermarkets in India with their key decision-maker contact information.
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