grocery vs market place

grocery and market place both are nouns.

Word	Noun	Adjective	Verb	Adverb
grocery	Yes	No	No	No
market place	Yes	No	No	No

As nouns, market place is a hypernym of grocery; that is, market place is a word with a broader meaning than grocery:

grocery: a marketplace where groceries are sold
market place: an area in a town where a public mercantile establishment is set up

Other hypernyms of grocery include market, marketplace, mart.

grocery (noun)	market place (noun)
a marketplace where groceries are sold	the world of commercial activity where goods and services are bought and sold
(usually plural) consumer goods sold by a grocer	an area in a town where a public mercantile establishment is set up