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Salvage Grocery Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Salvage Grocery Stores Market Research Report | Consumer Goods & Services | Food & Beverage Stores | Dec 2012

Staying fresh: Though competition rises, low-income consumers will keep demand steady

IBISWorld’s Salvage Grocery Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Grocery Outlet Grocery Outlet market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 07-12
5.1%
Annual Growth 12-17
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Profit
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Employment
12,576
Businesses
386
Industry Analysis & Industry Trends

The Salvage Grocery Stores industry has grown quickly over the past five years. During the Great Recession, households began to pinch pennies due to decreases in disposable income and consumer sentiment. Furthermore, the poverty rate increased considerably, forcing more Americans to start shopping at salvage grocery stores. As a result, IBISWorld expects industry revenue to grow at an annualized rate of 5.1% to $4.4 billion in the five years to 2012. While this rate includes an additional 4.9% in 2012, external competition from supercenters and warehouse clubs has been slowly increasing as the economy improves, threatening this industry's growth.

Rapid growth over the period has encouraged new enterprises into the industry.... purchase to read more

Industry Report - Industry Locations Chapter

Salvage grocery store establishments generally fall in line with the US population, but are also heavily impacted by income levels in the United States. Industry establishments are most heavily concentrated in the Southeast and West regions. In 2012, the Southeast region accounts for about 28.8% of industry establishments and 25.4% of the population. The region has the lowest average per capita personal income level in the United States, and consumers purchase goods based on price. Most of the products sold by the industry sell at single-digit price points; therefore, this industry targets households on lower incomes, making the Southeast a prominent region for establishments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Salvage Grocery Stores Industry?

Establishments in this industry are primarily engaged in retailing general lines of food products, including meats, poultry and seafood, canned and frozen foods, fruits and vegetables and various dairy products, that are either near or passed their expiration date or damaged in some way. This industry includes salvage, bargain and discount retailers, but excludes cut-rate supermarkets that produce their own lines of food.

Industry Products
Outdated goodsDamaged goodsGoods close to or past expiration
 
Industry Activities
Retailing a general line of foodRetailing health and beauty productsRetailing alcoholic and non-alcoholic beverages


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