Industry Analysis & Industry Trends
The Supermarkets and Grocery Stores industry has grown over the past five years, benefiting from a strengthening domestic economy. As per capita disposable income has grown over this period, some consumers traded up to premium, organic and all-natural brands, helping lift industry revenue. Over the next five years, the industry is anticipated to grow as a result of rising discretionary income, albeit at a more conservative rate than in the previous five-year period. As health concerns intensify, more consumers will seek all-natural and organic products, which are priced at a premium... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Supermarkets and Grocery Stores industry is highly fragmented, with over one-third of enterprises employing less than five workers. Moreover, the top three operators are expected to account for 31.0% of industry revenue in 2015. The remaining share of the market is mainly composed of small and medium-sized operators that cater to local and regional markets. IBISWorld estimates that more than 42,380 operators will actively compete for the remaining 69.0% of market share in 2015. Even though a large portion of businesses operate a single establishment, medium-sized stores are beginning to comprise a larger portion of the market.
Market share concentration has fluctuated over the past five years due to a flurry of mergers and acquisitions... purchase to read more