For the fiscal year ended January 31, 2015, Walmart increased net sales by 1.9% to $482.2 billion and returned $7.2 billion to shareholders through dividends and share repurchases. Walmart ranked first on the 2014 Fortune 500 list of the world's largest companies by revenue.
According to a new market report published by Persistence Market Research “Global Market Study on Food Retail: Supermarkets/hypermarkets Segment To Witness Highest Growth by 2020,” the global Food Retail market was valued at USD 5.64 trillion in 2013 and is expected to grow at a CAGR of 6.1 % from 2014 to 2020, to reach an estimated value of USD 8.54 trillion in 2020.
Asia-Pacific is the largest market for food retail. Increasing per capita income, growing level of education, smaller families and increasing urbanization and westernization are the key factors driving the growth of food retail industry in this region. Europe is the second largest market for food retail due to the presence of the large number of branded stores and discounters such as Aldi, Carrefour, Auchan and Tesco which offer fresh and branded products.
Food Retail is categorized under distribution channel into four different segments: supermarkets or hypermarkets, independent and specialist retailers, convenience stores and others. Supermarket or hypermarket segment holds the largest share of the overall market in 2013 at USD 2.9 trillion and is expected to reach USD 4.44 trillion by 2020 at a CAGR of 6.2 % during 2014 to 2020.
Some of the major companies of food retail operating at the global level such as Wal-Mart Stores Inc, Carrefour SA, Tesco plc, AEON CO LTD, Metro AG, Seven & I Holdings CO Ltd, The Kroger Company, Groupe Auchan and REWE Group.
The soft drinks concentrates market is projected to reach a value $34.76 billion by 2019. The role of soft drink concentrates in beverages is essential to maintain the product taste as well as nutritive value. The soft drinks concentrates market has witnessed large use apple, orange, grape, pineapple, mango and other flavors.
Orange and apple fruit concentrates accounted for a major share, in terms of value of the total non carbonated soft drink concentrates markets.
Europe formed the largest segment of the soft drink concentrate market in 2013. The market here is projected to grow at a CAGR of 4.8% during the projected period. North America was the second-largest market, due to an increase in the demand for processed food and beverage in the region. The Asia-Pacific region is projected to see the fastest growth during the sale period.
Key players include: big red, cott, david berryman, dohler, dr pepper snapple, monster beverage, pepsico, royal cosun, royal crown cola company, the coco cola company.
The Lexicorp International Food & Beverages Conference will provide a platform for leaders in the industry to discuss and debate the most pressing issues facing the industry to date.
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