Top 5 Supermarket Franchise In India In 2024

on Jan 02, 2024 | 16800 views

Written By: Shruti Agrawal

In a country as diverse and as dynamic as India, the retail sector has witnessed remarkable growth and transformation in recent years. One of the prominent aspects of this evolution is the proliferation of supermarket franchises, which have become a staple in the Indian retail landscape. These supermarket franchises in India play a pivotal role in offering consumers a wide array of goods and services, from groceries and household essentials to electronics and apparel.

In this exploration of the Indian retail industry, we will delve into the top 5 supermarket franchises that have made a significant impact on the market. These franchises have not only redefined the shopping experience for Indian consumers but have also contributed to the economic growth of the nation.

Here we uncover the 5 supermarket franchises in India, which are at the forefront of the Indian retail sector.

Top Supermarket Franchises To Consider in India in 2024

Grocery 4U

Grocery 4U Retail Private Limited is a chain of retail outlets that was founded in 2022 to meet the increasing needs of consumers for essential items and groceries. The company aims to revolutionize conventional grocery buying by providing a one-stop shop for all shopping needs.

It offers a variety of grocery items, including fresh produce, packaged foods, and household essentials.

It is a leading supermarket franchise provider in India. The company is dedicated to empowering entrepreneurs in the retail industry and offers a range of services along with providing expertise and guidance to those interested in the grocery business and helping franchisees succeed.

The company has a large network of stores across India and offers attractive discounts and offers to customers. The company aims to be a global leader in the supermarket and grocery sector and to be acknowledged worldwide by 2025.

The cost of a Grocery 4U franchise varies depending on the type of franchise model i.e. Franchise Owned and Franchise Operated (FOFO) model and a Smart Market Franchise (FOCO) model.

Investment required: INR 20 lakhs-2 cr.

7Heven

 7Heven was owned by Bharti Retail Limited, which was later merged with Future Group. It is one of the leading supermarket brands in India, co-founded by Santosh Sharma in 2021, and aims to provide all Indians with a refreshing shopping experience for their daily household essentials.

7Heven aims to be a one-stop shop for consumers, providing them with what they want, when, where, and how they want it. At the same time, it aims to provide both the young entrepreneur and others to become Atmanirbhar and not depend on jobs or other people.

The brand believes in quality products and wants to take the mission of "make in India" one step forward with the luxury of easy grocery shopping. 7Heven has a lucrative franchise model and in just two years the brand has managed to establish more than 100 franchises in more than 50 cities. It promises quick breakeven, around 20% of returns and complimentary services.

Investment Required: INR 10 lakhs-20 lakhs

More Retail

More Retail Private Limited is an Indian retail corporation that operates a chain of supermarkets and hypermarkets in India. The company was previously known as Aditya Birla Retail Limited but in 2019, Witzig Advisory acquired Aditya Birla Retail from Aditya Birla Retail Group and rebranded it as 'More Retail Pvt. Limited'.

It is a national omni-channel food and grocery retailer in India. It offers a wide range of products, including groceries, fresh produce, household essentials, apparel, kitchenware, and more. The company has also won the World Retail Congress award for “Retail Transformation and Re-Invention".

The company operates its stores under two formats: More Supermarkets and More Hypermarkets. More Retail also offers an online grocery service via its mobile app. The company has a network of 878 supermarkets in 30 cities and 42 hypermarkets in 12 cities. More Retail has a history of rapid expansion, with the company crossing 900+ stores across the country in 2022.

Some of the benefits of starting a More Retail franchise include brand name recognition, easy management, and easy operations.

Investment Required: INR 15 lakhs-60 lakhs

Turnip

It is a brand founded in 2016 and owned by Squadron Hypotenuse Concepts Pvt Ltd, which has over 35 years of experience in the retail industry. The brand has a modern theme targeting value and quality-conscious customers.

It makes for a young, vibrant brand targeting the independent, far-reaching, achieving, and highly efficient youth of today.

It is an environment-friendly brand that provides the fastest turnaround time and service for a supermarket. It provides convenience and ease of ordering to all its customers and offers a range of products, including staples, frozen foods, fresh fruits and vegetables, household cleaning items, personal hygiene and many more. claims to provide complete hand-holding with tie-ups with more than 200 brands

The franchise model of Turnip Superstore promises quick breakeven, and low risk due to essential items sale. It also provides end-to-end handholding and support to its franchisees. The franchise term is for five years and is renewable.

Investment Required: INR 10 lakhs-20 lakhs

Pangea Gourmet

Pangea Gourmet is a retail mart that offers high-quality products for cooking and groceries. The company prides itself on being globally made local, with groceries from all over the world.

Pangea Gourmet offers a range of rare and exotic fruits and vegetables, a handpicked selection of exotic meats, every kind of cheese, and an exciting array of coffee and chocolates sourced from across the globe. The company provides fresh and top-quality products to its customers.

The products at Pangea are priced fairly and sourced from all 5 continents, to provide exotic foods to the people in the city. The store also has a section dedicated to Keto diet products.The brand provides franchisees with support in areas such as site selection, store design, inventory management, and marketing.

Investment Required: INR 50 lakhs-75 lakhs

Market Trends Of SuperMarket Franchises in India

The grocery market in India has evolved considerably in the past decade, with digital adoption, innovation for India, and the emergence of ecosystems guiding the shift. Ecosystems that connect directly to consumers are becoming a powerful force that is transforming markets. For supermarket chains to remain competitive in the market, they must recognise seasonal trends and demand.

Compared to tiny local retailers, supermarkets have higher operating costs for things like rent, utilities, and manpower.

The grocery market in India is estimated to grow by USD 289.29 billion from 2023 to 2027 at a CAGR of 8.06% with the offline and online segments. India is the world's fastest-growing grocery market, and the market size is likely to increase to USD 852 billion in 2025.

Benefits of Starting A SuperMarket Franchise In India

  • Growing market

The Indian retail market is dominated by the food and grocery segment, which captured around 65% of the market share in 2023. The grocery market in India will grow by USD 289.29 billion from 2023 to 2027 at a growth rate of 8.06% annually with the offline and online segments.

India is the world's fastest-growing grocery market, and the market size is likely to increase to USD 852 billion in 2025.

  • Established franchise models

There are several established supermarket franchise models in India, these models provide a proven track record of success and support for franchisees.

  • Group purchasing

Franchises require all of their stores to sell the same or similar products, which enables all of their franchisees to purchase from the same lot, resulting in lower costs.

  • Fast results

Supermarket franchises can open business faster than sole proprietorships, which can result in faster results

  • Technology Integration

A lot of grocery chains are implementing cutting-edge technology for point of sale, customer interaction, and inventory management. Efficiency and the client experience may both benefit from this.

  • Local Adaptability

India's diversity demands different products and strategies in various regions. Franchises often have the flexibility to adapt to local preferences while maintaining their brand identity.

  • Job Creation

Establishing a supermarket franchise can contribute to local job creation, stimulating economic growth in the area.

  • Steady Income

The grocery industry tends to be recession-resistant as people need to buy essential items regardless of economic conditions. This offers a level of stability to your business.

  • Profit Potential

If managed effectively, supermarket franchises can provide attractive profit margins due to the volume of sales and the diversity of products they offer.

  • Government Initiatives

The Indian government has introduced various policies and initiatives to support the retail sector, making it more conducive for businesses in this industry.

To Conclude,

In conclusion, in a country known for its vibrant bazaars and local markets, supermarket franchises have found their place and are here to stay, bringing the best of global retail practices to the doorsteps of millions. As the retail sector continues to evolve, we can expect new players to emerge, but the top 5 supermarket franchises in the country have successfully navigated this multifaceted terrain.

These franchises have not only introduced modern shopping experiences but have also created countless entrepreneurial opportunities for individuals and contributed significantly to India's economic growth.

These top 5 supermarket franchises in India will remain benchmarks of success and innovation in this ever-expanding, dynamic industry.

Remember, the Indian retail landscape is teeming with potential, and the top 5 supermarket franchises have paved the way for success. The next chapter in this exciting journey could be yours. Take the first step and embrace the opportunities that await.

Join the conversation on FranchiseBazar, ask questions, share your experiences, and let's collectively explore the dynamic world of supermarket franchises in India. Your journey to success may be just around the corner.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.

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