Square meal: The industry will benefit from rising disposable income and a growing population

The Grocery Wholesaling in Illinois industry acts as the middleman between food producers and retailers. Traditionally, this industry is stable due to the constant and steady demand for groceries as well as the diverse product portfolio general line wholesalers provide. While the industry experienced volatility early in the period, stability returned in the latter half of the period. Grocery wholesalers are located in regions that are densely populated. As populations rise, demand for food rises which increases demand for more groceries on store shelves. However, the population in Illinois slightly contracted over the past five years, keeping revenue gains low. Over the five years to 2022, the industry is expected to increase at a faster and steadier pace...read more.

Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 12-17
0.4%
Forecast Growth 17-22
Profit
Employment
8,529
Businesses
180

Industry Threats & Opportunities

  • The industry will benefit from rising incomes in Illinois
  • A rise in health consciousness provides an opportunity for niche operators to distribute organic and artisanal products
  • Transportation costs will be the driving factor behind the robust growth in the outlook period
  • Industry Report - Starting a New Business Chapter

    The barriers to entry for the Grocery Wholesaling industry in Illinois are moderate and are expected to remain at that level over the next five years. Initial start-up costs are a significant barrier to entry. Operators must establish a warehouse and distribution system to begin operating. Companies require a large amount of space to store goods before distribution. Costs can also increase if an electronic inventory system is installed, such as computerized tracking software, computers and bar coding. Large retailers that shift to using high-tech systems such as radio frequency identification (RFID) technology to track and identify goods increasingly require wholesalers to use compatible technology.Competition also poses a barrier for new entrants. Whi...purchase to read more.

    Additional Insights for the Grocery Wholesaling in Illinois Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Grocery Wholesaling in Illinois Industry are

  • Having contacts within key markets
  • Prompt delivery to market
  • Effective quality control
  • IBISWorld analysts also discuss how external factors such as Consumer Spending in Illinois and Total health expenditure in Illinois in the Grocery Wholesaling in Illinois industry impact industry performance..

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    What's in this report

    What is the Grocery Wholesaling in Illinois Industry?

    Grocery wholesalers act as the middlemen between food producers and retailers. They do little to transform products and are intermediaries in merchandise distribution. Wholesalers sell and distribute all general-line grocery products, and industry establishments generally do not specialize. Distributed products usually include dry groceries, perishable food and nonfood products found in grocery stores.

    Industry Products
  • Canned food
  • Fresh meat and meat products and poultry
  • Packaged frozen food
  • Dairy products
  • Bread, baked goods, and baking ingredients
  • Fresh fruits and vegetables
  • Specialty Food
  • Industry Activities
  • Wholesaling general-line groceries
  • Wholesaling dry groceries
  • Wholesaling perishable food products
  • Wholesaling nonfood products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer Spending in Illinois
  • Total health expenditure in Illinois
  • Population of Illinois
  • Price of diesel

  • Current Performance
  • Industry landscape
  • Industry threats
  • Chart: Revenue Growth

  • Industry Outlook
  • Gassed up prices
  • Industry structure
  • Table: Grocery Wholesaling in Illinois Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Grocery Wholesaling in Illinois Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Supermarkets & Grocery Stores
  • Convenience Stores
  • Meat Markets
  • Fish & Seafood Markets
  • Fruit & Vegetable Markets
  • Specialty Food Stores
  • Chain Restaurants
  • Single Location Full-Service Restaurants
  • Food Service Contractors
  • Caterers

  • Key Selling Industries
  • Bottled Water Production
  • Bread Production
  • Canned Fruit & Vegetable Processing
  • Coffee Production
  • Dairy Product Production
  • Juice Production
  • Snack Food Production
  • Soda Production
  • Tea Production
  • Vegetable Farming

  • Products & Services
  • Canned food
  • Other
  • Fresh meat and meat products and poultry
  • Packaged frozen food
  • Dairy products
  • Bread, baked goods, and baking ingredients
  • Fresh fruits and vegetables
  • Specialty Food
  • Chart: Grocery Wholesaling in Illinois Industry Products and Services Segmentation

  • Major Markets
  • Food service
  • Grocery stores
  • Other wholesalers
  • Other
  • Chart: Major Market Segmentation for the Grocery Wholesaling in Illinois Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Grocery Wholesaling in Illinois

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Grocery Wholesaling in Illinois Industry

  • SuperValu Inc., Sysco Corporation, Bunzl PLC, Performance Food Group Company, US Foods Holding Corp.,
  • Table: SuperValu Inc. - financial performance
  • Table: Sysco Corporation - financial performance
  • Table: Bunzl PLC - financial performance
  • Table: Performance Food Group Company - financial performance
  • Table: US Foods Holding Corp. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Grocery Wholesaling in Illinois Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Grocery Wholesaling in Illinois Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per Capita Disposable Income in Illinois (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Electronic Data Interchange (Edi)
  • The transmission of electronic documents between businesses from one computer system to another.
  • Radio Frequency Identification (Rfid)
  • A technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip.
  • Supply Chain
  • A network of entities, including primary producers, processors, wholesalers, retailers and other agents, engaged in delivering products to the consumer or customer.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Grocery Wholesaling in Illinois is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Grocery Wholesaling in Illinois:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Grocery Wholesaling in Illinois market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Grocery Wholesaling in Illinois, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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