How big is the US grocery market?

How big is the US grocery market?

The total number of supermarkets and other grocery stores in the U.S. has declined slightly to about 63 thousand. Supermarket and other grocery stores sales hit an estimated 742 billion U.S. dollars in 2020, which accounted for nearly 86 percent of the U.S. food and beverage retail market .

What is Kroger’s market share?

Kroger, the next largest grocer, was a distant second with a 10 percent market share. Over 40 percent of the grocery market is occupied by smaller retailers….Online and offline grocery market share of leading food retailers in the United States in 2017.

Characteristic Share of online and offline grocery market

What is the growth rate of the grocery industry?

Overall growth in the U.S. grocery market is poised to slow to a 3.3% annual rate this year, down from 4.5% in 2021, as the pandemic subsides and people eat outside their homes more often, according to figures published Thursday by Coresight Research.

What is Walmart’s market share?

Over two-thirds, 69 percent, of Walmart’s global net sales were generated by the company’s Walmart U.S. division in fiscal year 2022….Share of Walmart’s net sales worldwide in fiscal year 2022, by division.

Characteristic Share of net sales
Walmart International 18%
Sam’s Club 13%

How big is the food industry in the US?

How large is the US food processing industry? Well, it has about 21,000 companies and $750 billion in revenue! To put that in perspective, worldwide processed food sales total about $2 trillion. So, the US accounts for 37.5% of all sales.

What is Aldis market share?

Aldi and Lidl opened new stores, which meant that the market share of the Big 4 fell from 63% in 2013 to 54% at the end of 2021.”

What is Target’s market share?

United States: market share of top department stores 2019 As of 2019, Target was the largest department store retailer in the United States, with a 38 percent share of the overall industry. Walmart U.S. and Macy’s ranked second, each with a 13 percent share of the U.S. department store market.

How big is the US food and beverage industry?

USD 1,005.53 billion
b. The U.S. packaged food market size was estimated at USD 996.56 billion in 2020 and is expected to reach USD 1,005.53 billion in 2021….

Report Attribute Details
Market size value in 2021 USD 1,005.53 billion
Revenue forecast in 2028 USD 1,376.00 billion
Growth Rate CAGR of 4.1% from 2021 to 2028

What is Costco’s market share?

Costco has 55.5% of the wholesale club market. This number has hovered between 52-56% throughout the past two years. Sam’s Club and BJ’s Wholesale come in second and third place, at 36.2% and 8.3% respectively.

What percentage of Americans buy groceries online?

The percentage of U.S. adults who now say they order groceries online for pickup or delivery at least monthly has doubled, from 11% in 2019 to 23% today….Online Grocery Ordering Rises Substantially.

2019 2021
% %
A few times a year 4 9
Less often 3 4
Never 81 64

What is Amazon’s market share?

Amazon’s Share of US eCommerce Sales Hits All-Time High of 56.7% in 2021.

How big is the food and beverage market?

4 days ago
How Big Is the Food & Beverage Industry? Already a $435.3 billion combined market in 2021, worldwide revenue is expected to increase from $506.3 billion this year to $856.9 billion by 2025.

What is Sam’s Club market share?

That year, Sam’s Club had net sales of around 73.6 billion U.S. dollars….Net sales share of Sam’s Club in the United States in fiscal year 2022, by merchandise category.

Characteristic Share of net sales
Grocery and consumables 64%
Fuel, tobacco and other categories 15%
Home and apparel 12%
Health and wellness 5%