The State of the Global Grocery Retail Industry in 2025: Trends, Challenges, and Opportunities
As we look at the grocery retail sector in Asia, it is essential to understand the current landscape and who leads the market. In this report, we will delve into the top 10 supermarket chains in Asia, their market share, financials, volumes, and future plans.
1. Alibaba Group
Alibaba Group, a Chinese multinational conglomerate, has made significant strides in the grocery retail sector in recent years. With the acquisition of several supermarket chains and the launch of their online grocery platform, Alibaba has become a dominant player in the market.
According to data from CulinaryCoverage.com, Alibaba Group currently holds a market share of 15% in the grocery retail sector in Asia. Their revenue in 2024 was reported at $50 billion, making them one of the top players in the industry.
Alibaba’s future plans include expanding their online grocery platform and investing in technology to enhance the shopping experience for customers. With their strong financial position and market share, Alibaba is poised to lead the grocery retail sector in Asia in the coming years.
2. Walmart
Walmart, the American retail giant, has a strong presence in the grocery retail sector in Asia. With a market share of 10%, Walmart is a key player in the industry.
In 2024, Walmart reported revenue of $45 billion from its grocery retail operations in Asia. The company has been focusing on expanding its physical store presence and investing in e-commerce to cater to the changing shopping habits of consumers.
Walmart’s future plans include opening more stores in key markets in Asia and enhancing their online grocery platform. With their established brand and financial strength, Walmart is well-positioned to compete in the grocery retail sector in Asia.
3. Tesco
Tesco, a British multinational retailer, has a strong foothold in the grocery retail sector in Asia. With a market share of 8%, Tesco is a significant player in the market.
In 2024, Tesco reported revenue of $40 billion from its grocery retail operations in Asia. The company has been focusing on expanding its presence in emerging markets in the region and investing in technology to improve the shopping experience for customers.
Tesco’s future plans include launching new store formats and enhancing their online grocery platform. With their strong brand and focus on innovation, Tesco is poised to maintain its position as a top player in the grocery retail sector in Asia.
4. Aeon
Aeon, a Japanese retail giant, has a significant presence in the grocery retail sector in Asia. With a market share of 7%, Aeon is a key player in the industry.
In 2024, Aeon reported revenue of $35 billion from its grocery retail operations in Asia. The company has been focusing on expanding its store network in key markets in the region and investing in digital solutions to enhance the shopping experience for customers.
Aeon’s future plans include launching new store concepts and expanding their online grocery platform. With their strong financial position and focus on customer experience, Aeon is well-positioned to compete in the grocery retail sector in Asia.
5. Carrefour
Carrefour, a French multinational retailer, has a strong presence in the grocery retail sector in Asia. With a market share of 6%, Carrefour is a significant player in the market.
In 2024, Carrefour reported revenue of $30 billion from its grocery retail operations in Asia. The company has been focusing on expanding its store network in key markets in the region and investing in sustainability initiatives to attract environmentally conscious consumers.
Carrefour’s future plans include launching new store formats and enhancing their online grocery platform. With their focus on sustainability and innovation, Carrefour is well-positioned to maintain its position as a top player in the grocery retail sector in Asia.
6. Lotte Mart
Lotte Mart, a South Korean retail chain, has a significant presence in the grocery retail sector in Asia. With a market share of 5%, Lotte Mart is a key player in the industry.
In 2024, Lotte Mart reported revenue of $25 billion from its grocery retail operations in Asia. The company has been focusing on expanding its store network in key markets in the region and investing in technology to enhance the shopping experience for customers.
Lotte Mart’s future plans include launching new store concepts and expanding their online grocery platform. With their strong brand and focus on customer experience, Lotte Mart is well-positioned to compete in the grocery retail sector in Asia.
7. Sun Art Retail Group
Sun Art Retail Group, a Chinese retail company, has a significant presence in the grocery retail sector in Asia. With a market share of 4%, Sun Art Retail Group is a key player in the market.
In 2024, Sun Art Retail Group reported revenue of $20 billion from its grocery retail operations in Asia. The company has been focusing on expanding its store network in key markets in the region and investing in digital solutions to enhance the shopping experience for customers.
Sun Art Retail Group’s future plans include launching new store formats and enhancing their online grocery platform. With their strong financial position and focus on innovation, Sun Art Retail Group is well-positioned to maintain its position as a top player in the grocery retail sector in Asia.
8. Seven & i Holdings
Seven & i Holdings, a Japanese retail company, has a strong presence in the grocery retail sector in Asia. With a market share of 3%, Seven & i Holdings is a significant player in the market.
In 2024, Seven & i Holdings reported revenue of $15 billion from its grocery retail operations in Asia. The company has been focusing on expanding its store network in key markets in the region and investing in technology to enhance the shopping experience for customers.
Seven & i Holdings’ future plans include launching new store concepts and enhancing their online grocery platform. With their strong brand and focus on customer experience, Seven & i Holdings is well-positioned to compete in the grocery retail sector in Asia.
9. Yonghui Superstores
Yonghui Superstores, a Chinese retail company, has a significant presence in the grocery retail sector in Asia. With a market share of 2%, Yonghui Superstores is a key player in the industry.
In 2024, Yonghui Superstores reported revenue of $10 billion from its grocery retail operations in Asia. The company has been focusing on expanding its store network in key markets in the region and investing in sustainability initiatives to attract environmentally conscious consumers.
Yonghui Superstores’ future plans include launching new store formats and enhancing their online grocery platform. With their focus on sustainability and innovation, Yonghui Superstores is well-positioned to maintain its position as a top player in the grocery retail sector in Asia.
10. RT-Mart
RT-Mart, a Taiwanese retail chain, has a significant presence in the grocery retail sector in Asia. With a market share of 1%, RT-Mart is a key player in the market.
In 2024, RT-Mart reported revenue of $5 billion from its grocery retail operations in Asia. The company has been focusing on expanding its store network in key markets in the region and investing in technology to enhance the shopping experience for customers.
RT-Mart’s future plans include launching new store concepts and expanding their online grocery platform. With their strong brand and focus on customer experience, RT-Mart is well-positioned to compete in the grocery retail sector in Asia.
In conclusion, the grocery retail sector in Asia is highly competitive, with several key players vying for market share. Companies like Alibaba Group, Walmart, and Tesco are leading the industry with their strong financials, market share, and future plans. As consumer preferences and shopping habits evolve, it will be interesting to see how these top supermarket chains in Asia adapt and innovate to stay ahead in the market.
