Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

European Grocery Sales Set To Hit €2.3 Trillion By 2022, Driven By CEE

The European grocery retail market is set to achieve sales of €2.3 trillion (€2,289 billion) by 2022, as a result of strong growth in Central and Eastern Europe, according to forecasts from research firm IGD.

In particular, the CEE grocery markets of Poland, Ukraine, Romania and Russia are expected to see strong growth in the next five years, with sales across Europe experiencing a compound annual growth rate of 3.7%.

In particular, IGD says that Turkey, Russia and the UK will have driven 51% of Europe's grocery retail sales growth between 2017 and 2022, while Europe will account for 16% of global grocery retail sales growth over the next five years.

PLEASE SUBSCRIBE OR SIGN IN TO CONTINUE READING

30 Day Free Trial

Try European Supermarket Magazine Premium

Enjoy full access to European Supermarket Magazine, our weekly
email news digest, access to all website and app content, and the latest digital
magazine for a full 30 days.

  • - Payment details required during trial sign up.
  • - You may cancel at any time up to the end of the 30-day trial period.
  • - If you continue after the trial perion, then the annual rate of €109+VAT will be debited.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days