Food (world market)

Main article: World Economy

2024: Global food sales hit $12.4 trillion in a year

At the end of 2024, the volume of the global food and grocery retail market reached $12.4 trillion. The industry is showing sustained positive dynamics, driven by technological advances, changing consumer behaviour and increased citizen interest in healthy lifestyles. This is stated in a study by Future Market Insights, the results of which=TAdviser got acquainted with at the end of May 2025.

The retail sector is undergoing a transformation, the report said. E-commerce platforms are developing rapidly: customers are increasingly purchasing food through all kinds of online platforms. This allows you to save time on visiting traditional stores and provides more freedom of choice. On the other hand, conventional offline outlets are also changing, introducing advanced technology to increase visitor satisfaction: self-service systems, digital price tags and augmented reality.

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Фото: Freepik

The industry's biggest players are investing heavily in multi-channel retail strategies. The shift to healthy eating drives increased demand for farm products that come at a higher price. This leads to an increase in the volume of the market as a whole.

Geographically, the industry leader is North America, followed by Europe and the Asia-Pacific region. Globally, significant players are named:

• Walmart;
• Costco Wholesale;
• 7-Eleven;
• Amazon;
• The Kroger;
• Target;
• Carrefour CA;
• Schwarz Gruppe.

Future Market Insights analysts believe that in the future, the CAGR in the food market will be 3.3%. Thus, by 2034, costs may increase to $17.1 trillion.^[1]

Largest Food Supply Countries

• Export of food and agricultural raw materials from Russia

2024: Russia ranked third in the world in food supplies - exports reached 109 million tons for $43 billion

At the end of 2024, the volume of exports of agricultural products from Russia reached 109 million tons in the amount of $43 billion. With this indicator, the country ranked third among the world's largest food suppliers. This was announced in April 2025 by the head of the Ministry of Agriculture Oksana Lut, stressing that agricultural exports continue to demonstrate steady growth and strengthen Russia's position in the global market. Read more here

Zerno

• Grain exports and imports in Russia

Rice

Largest rice exporters in 2021-2022

Meat and meat products

• Meat exports and imports in Russia
• Production, export and import of sausage products in Russia
• Meat (Global Market)

Dairy products

• Export and import of dairy products in Russia

Eggs

2020: Global egg production up 347% over 50 years to 87.1 MTA

Between 1970 and 2020, global egg production increased from 19.5 million tons to 87.1 million (an increase of 347%).

In an absolute gain of 67.6 million tonnes during this period, Asia's share was 73.3%, followed by Central and South America with 13%. All other continents were far behind. Relative growth in Africa (4.5%) was even higher than in Europe and North America.

Notable dynamic development has also shown growth in production in Brazil, Mexico and since 2010 in Turkey.

Until 1985, the United States was in first place, then it was replaced by China, which in subsequent years remained unconditionally in first place.

Japan dropped from third to seventh place, and production in the former USSR, which ranked second before 1990, fell sharply during the economic crisis of the 1990s. In 2020, the Russian Federation took 8th place.

If in 1970 there were 6 European countries in the first group Germany France(,,,, and Britain) Italy, Spain then Poland in 2020 only France remained, which took tenth place.

Confectionery

2023: The rise of low-quality food consumption in India and EU cuts

In 2023, global junk food giants see countries like India as a lifeline as public awareness of healthy eating grows in Western markets.

Alcohol

• Export and import of alcoholic beverages in Russia