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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 SWOT Analysis Chapter

The salvage and Grocer Stores industry is currently in the growth stage of its life cycle. In the 10 years to 2017, industry value added (IVA), which measures the industry's contribution to the economy, is projected to increase at an annualized rate of 2.3%. In comparison, US GDP is forecast to rise at an annualized rate of 1.8% over the same time period. An industry is considered to be in a growth phase of its life cycle when industry growth exceeds GDP. In this case, industry growth has increased faster than GDP due to the countercyclical nature of demand for products, a steady adaptation of technology and substantial growth in the number of enterprises and 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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