European Food Retailers: sales to top the 1,000 billion Euro mark by 2009

Latest research from MINTEL shows sales through food retailers in leading European markets set to break the 1,000 billion Euro mark before the end of the decade. Indeed, while food retailer sales of both food and non-food products now stand at an estimated 909 billion Euros, by 2009 this figure will be nearer 1,030 billion Euros. Over the first decade of the 21st century, MINTEL estimates suggest that sales will have increased 36% from 783 billion Euros in 2000 to reach an impressive 1063 billion Euros by 2010. Over this period sales through food retailers are set to almost triple in Hungary, while in the Czech Republic they will almost double, making these the two fastest growing European food retail markets.