Retail Sourcing And Procurement Market Size, Share & Trends Analysis Report By Component (Solution, Service), By Deployment (Cloud, On-premise), By Enterprise Size, By Region, And Segment Forecasts, 2025 - 2030
Retail Sourcing And Procurement Market Growth & Trends
The global retail sourcing and procurement market size is expected to reach USD 13.69 billion in 2030 and is projected to grow at a CAGR of 16.2% from 2025 to 2030. Increasing centralization in procurement processes and better visibility in sourcing related data has been a major factor driving market growth. In addition, recent development of Artificial Intelligence (AI), cloud computing, and Internet of Things (IoT) and its implementation across retail procurement processes also paved the way for greater development of retail software and solutions.
With rise of internet shopping and major shifts in consumer buying patterns, different trends are re-shaping the retail industry in the last few years. With a cutthroat competition, retailers are struggling to maintain and find profitability, thus, initiating them to take a defensive stance. Rising expenses, loss of sales productivity, and real-time buying trends are indulging retail businesses to adopt sourcing and procurement tools in order to cope up with the customer demand. Moreover, retailers need to look at their cost structures in order to decide their staffing, pricing, and operations.
The cloud segment accounted for a significant revenue share in 2024 and is expected to advance rapidly during the forecast period. Procurement cloud helps to streamline source-to-pay process through social collaboration and automation, thus, achieving high margins by controlling costs. Additionally, cloud based software supports seamless accessibility without additional IT effort to the device.
Retail Sourcing And Procurement Market Report Highlights
- The global retail sourcing and procurement market is expected to grow at a CAGR of 16.2% from 2025 to 2030
- North America led the market with 35.1% of the global revenue share in 2024
- Based on components, the market has been categorized into solutions and services. The strategic sourcing sub-segment of solutions accounted for the largest revenue share of 25.8% in 2024
- The cloud segment accounted for a significant revenue share in 2024 and is expected to advance rapidly during the forecast period
- The large enterprise segment accounted for a leading revenue share in the retail sourcing and procurement market in 2024
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.1.1. Segment Definitions
- 1.1.1.1. Product Segment
- 1.1.1.2. Workflow Segment
- 1.1.1.3. Application Segment
- 1.1.1.4. Disease Segment
- 1.1.1.5. End Use Segment
- 1.2. Regional Scope
- 1.3. Estimates and Forecast Timeline
- 1.4. Research Methodology
- 1.5. Information Procurement
- 1.5.1. Purchased Database
- 1.5.2. GVR’s Internal Database
- 1.5.3. Secondary Sources
- 1.5.4. Primary Research
- 1.6. Information or Data Analysis
- 1.7. Market Formulation & Validation
- 1.8. Market Model
- 1.8.1. Commodity Flow Analysis
- 1.9. List of Secondary Sources
- 1.10. List of Abbreviations
- 1.11. Objectives
- Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
- Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Advancements in microbiome-based therapeutics
- 3.2.1.2. Declining cost of sequencing
- 3.2.1.3. Big Investments for Microbiome Research
- 3.2.1.4. Rising Penetration Of Artificial Intelligence In Microbiome Diagnostics
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Lack Of Skilled Technicians
- 3.2.2.2. High Cost Of Instruments
- 3.3. Industry Analysis Tools
- 3.3.1. Porter’s Five Forces Analysis
- 3.3.2. PESTEL Analysis
- 3.3.3. COVID-19 Impact Analysis
- Chapter 4. Product Business Analysis
- 4.1. Segment Dashboard
- 4.2. Microbiome Sample Preparation Technology Market: Product Movement Analysis
- 4.3. Microbiome Sample Preparation Technology Market Size & Trend Analysis, by Product, 2018 to 2030 (USD Million)
- 4.4. Instruments
- 4.4.1. Instruments Market, 2018 - 2030 (USD Million)
- 4.4.2. Workstation
- 4.4.2.1. Workstation Market, 2018 - 2030 (USD Million)
- 4.4.3. Extraction System
- 4.4.3.1. Extraction System Market, 2018 - 2030 (USD Million)
- 4.4.4. Liquid Handling Instrument
- 4.4.4.1. Liquid Handling Instrument Market, 2018 - 2030 (USD Million)
- 4.4.5. Other Sample Preparation Instruments
- 4.4.5.1. Other Sample Preparation Instruments Market, 2018 - 2030 (USD Million)
- 4.5. Consumables
- 4.5.1. Consumables Market, 2018 - 2030 (USD Million)
- 4.5.2. Purification/Extraction Kits
- 4.5.2.1. Purification/Extraction Kits Market, 2018 - 2030 (USD Million)
- 4.5.3. Library Preparation Kits
- 4.5.3.1. Library Preparation Kits Market, 2018 - 2030 (USD Million)
- 4.5.3.2. DNA Library Preparation Kits
- 4.5.3.2.1. DNA Library Preparation Kits Market, 2018 - 2030 (USD Million)
- 4.5.3.3. RNA Library Preparation Kits
- 4.5.3.3.1. RNA Library Preparation Kits Market, 2018 - 2030 (USD Million)
- 4.5.3.4. Library Quantitation & Amplification kits
- 4.5.3.4.1. Library Quantitation & Amplification kits Market, 2018 - 2030 (USD Million)
- 4.5.3.5. Clean-up and Selection Kits
- 4.5.3.5.1. Clean-up and Selection Kits Market, 2018 - 2030 (USD Million)
- 4.5.3.6. Microbiome DNA Enrichment
- 4.5.3.6.1. Microbiome DNA Enrichment Market, 2018 - 2030 (USD Million)
- 4.5.3.7. Others
- 4.5.3.7.1. Others Market, 2018 - 2030 (USD Million)
- Chapter 5. Workflow Business Analysis
- 5.1. Segment Dashboard
- 5.2. Microbiome Sample Preparation Technology Market: Workflow Movement Analysis
- 5.3. Microbiome Sample Preparation Technology Market Size & Trend Analysis, by Workflow, 2018 to 2030 (USD Million)
- 5.4. Sample Extraction/Isolation
- 5.4.1. Sample Extraction/Isolation Market, 2018 - 2030 (USD Million)
- 5.5. Library Preparation
- 5.5.1. Library Preparation Market, 2018 - 2030 (USD Million)
- 5.6. Sample Quantification
- 5.6.1. Sample Quantification Market, 2018 - 2030 (USD Million)
- 5.7. Fragmentation
- 5.7.1. Fragmentation Market, 2018 - 2030 (USD Million)
- 5.8. Target Enrichment
- 5.8.1. Target Enrichment Market, 2018 - 2030 (USD Million)
- 5.9. Quality Control
- 5.9.1. Quality Control Market, 2018 - 2030 (USD Million)
- 5.10. Pooling
- 5.10.1. Pooling Market, 2018 - 2030 (USD Million)
- 5.11. Library Quantification
- 5.11.1. Library Quantification Market, 2018 - 2030 (USD Million)
- Chapter 6. Application Business Analysis
- 6.1. Segment Dashboard
- 6.2. Microbiome Sample Preparation Technology Market: Application Movement Analysis
- 6.3. Microbiome Sample Preparation Technology Market Size & Trend Analysis, by Application, 2018 to 2030 (USD Million)
- 6.4. DNA Sequencing
- 6.4.1. DNA Sequencing Market, 2018 - 2030 (USD Million)
- 6.5. RNA Sequencing
- 6.5.1. RNA Sequencing Market, 2018 - 2030 (USD Million)
- 6.6. Methylation Sequencing
- 6.6.1. Methylation Sequencing Market, 2018 - 2030 (USD Million)
- 6.7. Single Cell Sequencing
- 6.7.1. Single Cell Sequencing Market, 2018 - 2030 (USD Million)
- 6.8. Whole-Genome Sequencing
- 6.8.1. Whole-Genome Sequencing Market, 2018 - 2030 (USD Million)
- 6.9. Metagenomics
- 6.9.1. Metagenomics Market, 2018 - 2030 (USD Million)
- 6.10. Others
- 6.10.1. Other Market, 2018 - 2030 (USD Million)
- Chapter 7. Disease Business Analysis
- 7.1. Segment Dashboard
- 7.2. Microbiome Sample Preparation Technology Market: Disease Movement Analysis
- 7.3. Microbiome Sample Preparation Technology Market Size & Trend Analysis, By disease, 2018 to 2030 (USD Million)
- 7.4. Gastrointestinal Disorders
- 7.4.1. Gastrointestinal Disorders Market, 2018 - 2030 (USD Million)
- 7.5. Autoimmune Disorder
- 7.5.1. Autoimmune Disorder Market, 2018 - 2030 (USD Million)
- 7.6. Cancer
- 7.6.1. Cancer Market, 2018 - 2030 (USD Million)
- 7.7. Others
- 7.7.1. Other Application Market, 2018 - 2030 (USD Million)
- Chapter 8. End Use Business Analysis
- 8.1. Segment Dashboard
- 8.2. Microbiome Sample Preparation Technology Market: End Use Movement Analysis
- 8.3. Microbiome Sample Preparation Technology Market Size & Trend Analysis, by End Use, 2018 to 2030 (USD Million)
- 8.4. Diagnostic Labs
- 8.4.1. Diagnostic Labs Market, 2018 - 2030 (USD Million)
- 8.5. Pharmaceutical & Biotechnology
- 8.5.1. Pharmaceutical & Biotechnology Market, 2018 - 2030 (USD Million)
- 8.6. Others
- 8.6.1. Other End use Market, 2018 - 2030 (USD Million)
- Chapter 9. Regional Business Analysis
- 9.1. Regional Market Share Analysis, 2024 & 2030
- 9.2. Regional Market Dashboard
- 9.3. North America
- 9.3.1. North America Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.3.2. U.S.
- 9.3.2.1. Key Country Dynamics
- 9.3.2.2. Competitive Scenario
- 9.3.2.3. Regulatory Framework
- 9.3.2.4. U.S. Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.3.3. Canada
- 9.3.3.1. Key Country Dynamics
- 9.3.3.2. Competitive Scenario
- 9.3.3.3. Regulatory Framework
- 9.3.3.4. Canada Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.3.4. Mexico
- 9.3.4.1. Key Country Dynamics
- 9.3.4.2. Competitive Scenario
- 9.3.4.3. Regulatory Framework
- 9.3.4.4. Mexico Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.4. Europe
- 9.4.1. Europe Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.4.2. UK
- 9.4.2.1. Key Country Dynamics
- 9.4.2.2. Competitive Scenario
- 9.4.2.3. Regulatory Framework
- 9.4.2.4. UK Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.4.3. Germany
- 9.4.3.1. Key Country Dynamics
- 9.4.3.2. Competitive Scenario
- 9.4.3.3. Regulatory Framework
- 9.4.3.4. Germany Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.4.4. France
- 9.4.4.1. Key Country Dynamics
- 9.4.4.2. Competitive Scenario
- 9.4.4.3. Regulatory Framework
- 9.4.4.4. France Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.4.5. Italy
- 9.4.5.1. Key Country Dynamics
- 9.4.5.2. Competitive Scenario
- 9.4.5.3. Regulatory Framework
- 9.4.5.4. Italy Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.4.6. Spain
- 9.4.6.1. Key Country Dynamics
- 9.4.6.2. Competitive Scenario
- 9.4.6.3. Regulatory Framework
- 9.4.6.4. Spain Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.4.7. Denmark
- 9.4.7.1. Key Country Dynamics
- 9.4.7.2. Competitive Scenario
- 9.4.7.3. Regulatory Framework
- 9.4.7.4. Denmark Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.4.8. Sweden
- 9.4.8.1. Key Country Dynamics
- 9.4.8.2. Competitive Scenario
- 9.4.8.3. Regulatory Framework
- 9.4.8.4. Sweden Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.4.9. Norway
- 9.4.9.1. Key Country Dynamics
- 9.4.9.2. Competitive Scenario
- 9.4.9.3. Regulatory Framework
- 9.4.9.4. Norway Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.5. Asia Pacific
- 9.5.1. Asia Pacific Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.5.2. Japan
- 9.5.2.1. Key Country Dynamics
- 9.5.2.2. Competitive Scenario
- 9.5.2.3. Regulatory Framework
- 9.5.2.4. Japan Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.5.3. China
- 9.5.3.1. Key Country Dynamics
- 9.5.3.2. Competitive Scenario
- 9.5.3.3. Regulatory Framework
- 9.5.3.4. China Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.5.4. India
- 9.5.4.1. Key Country Dynamics
- 9.5.4.2. Competitive Scenario
- 9.5.4.3. Regulatory Framework
- 9.5.4.4. India Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.5.5. Australia
- 9.5.5.1. Key Country Dynamics
- 9.5.5.2. Competitive Scenario
- 9.5.5.3. Regulatory Framework
- 9.5.5.4. Australia Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.5.6. Thailand
- 9.5.6.1. Key Country Dynamics
- 9.5.6.2. Competitive Scenario
- 9.5.6.3. Regulatory Framework
- 9.5.6.4. Thailand Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.5.7. South Korea
- 9.5.7.1. Key Country Dynamics
- 9.5.7.2. Competitive Scenario
- 9.5.7.3. Regulatory Framework
- 9.5.7.4. South Korea Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.6. Latin America
- 9.6.1. Latin America Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.6.2. Brazil
- 9.6.2.1. Key Country Dynamics
- 9.6.2.2. Competitive Scenario
- 9.6.2.3. Regulatory Framework
- 9.6.2.4. Brazil Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.6.3. Argentina
- 9.6.3.1. Key Country Dynamics
- 9.6.3.2. Competitive Scenario
- 9.6.3.3. Regulatory Framework
- 9.6.3.4. Argentina Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.7. MEA
- 9.7.1. MEA Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.7.2. South Africa
- 9.7.2.1. Key Country Dynamics
- 9.7.2.2. Competitive Scenario
- 9.7.2.3. Regulatory Framework
- 9.7.2.4. South Africa Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.7.3. Saudi Arabia
- 9.7.3.1. Key Country Dynamics
- 9.7.3.2. Competitive Scenario
- 9.7.3.3. Regulatory Framework
- 9.7.3.4. Saudi Arabia Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.7.4. UAE
- 9.7.4.1. Key Country Dynamics
- 9.7.4.2. Competitive Scenario
- 9.7.4.3. Regulatory Framework
- 9.7.4.4. UAE Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- 9.7.5. Kuwait
- 9.7.5.1. Key Country Dynamics
- 9.7.5.2. Competitive Scenario
- 9.7.5.3. Regulatory Framework
- 9.7.5.4. Kuwait Microbiome Sample Preparation Technology Market, 2018 - 2030 (USD Million)
- Chapter 10. Competitive Landscape
- 10.1. Company Categorization
- 10.2. Strategy Mapping
- 10.3. Company Market Position Analysis, 2024
- 10.4. Company Profiles/Listing
- 10.4.1. QIAGEN
- 10.4.1.1. Overview
- 10.4.1.2. Financial Performance
- 10.4.1.3. Product Benchmarking
- 10.4.1.4. Strategic Initiatives
- 10.4.2. BGI
- 10.4.2.1. Overview
- 10.4.2.2. Financial Performance
- 10.4.2.3. Product Benchmarking
- 10.4.2.4. Strategic Initiatives
- 10.4.3. Bio-Rad Laboratories, Inc.
- 10.4.3.1. Overview
- 10.4.3.2. Financial Performance
- 10.4.3.3. Product Benchmarking
- 10.4.3.4. Strategic Initiatives
- 10.4.4. Perkin Elmer, Inc.
- 10.4.4.1. Overview
- 10.4.4.2. Financial Performance
- 10.4.4.3. Product Benchmarking
- 10.4.4.4. Strategic Initiatives
- 10.4.5. Agilent Technologies Inc.
- 10.4.5.1. Overview
- 10.4.5.2. Financial Performance
- 10.4.5.3. Product Benchmarking
- 10.4.5.4. Strategic Initiatives
- 10.4.6. Illumina, Inc.
- 10.4.6.1. Overview
- 10.4.6.2. Financial Performance
- 10.4.6.3. Product Benchmarking
- 10.4.6.4. Strategic Initiatives
- 10.4.7. F. Hoffmann-La Roche Ltd.
- 10.4.7.1. Overview
- 10.4.7.2. Financial Performance
- 10.4.7.3. Product Benchmarking
- 10.4.7.4. Strategic Initiatives
- 10.4.8. Danaher
- 10.4.8.1. Overview
- 10.4.8.2. Financial Performance
- 10.4.8.3. Product Benchmarking
- 10.4.8.4. Strategic Initiatives
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