Food and grocery is the second-largest segment of the retail industry and also it is the least organized.

According to a recent report by Ernst & Young, food and grocery account for almost 54% (USD 152 billion) of the total Indian annual retail business. However, food retail continues to be dominated by small local stores in the unorganized sector. The organized food retail sector is expected to grow by 30% to become worth US$ 2.4 billion in 2010.

The potential for new entrants in this segment is enormous, particularly in untapped markets like rural and semi-urban areas.

This report maps the trends in the food retail sector, key players, their expansion plans and investments, consumer spending patterns and government policies.