The global food system produces a third of the world's greenhouse gas (GHG) emissions, but efficiency gains and carbon sequestration could lead the agricultural industry to net zero by 2050.
The Europe food and grocery sector was valued at EUR 1,921 billion in 2022, and is expected to grow at a CAGR of >8% by 2027. In 2022, the food category dominated the sector and is expected to continue to do so during the projected period. Hypermarkets, supermarkets, and hard discounters was the leading distribution channel in the Europe food and grocery sector in 2022.
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