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Rising Global Food Retail Growth
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Overview
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The food and grocery retail market is poised to reach US$ 17.1 trillion by 2034, with a 3.3% CAGR growth driven by health awareness and technological advancements. However, supply chain vulnerabilities exist due to various disruptions and competitive pressures.
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How can retailers mitigate risks associated with supply chain disruptions?
How might changing consumer preferences influence the strategies of food and grocery retailers?
What role can sustainability play in the future growth of the food retail market?
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