Shop smart: Increasing premium brand sales and healthy eating trends will spur growth

The Supermarkets and Grocery Stores industry in New York has struggled to grow over the past five years, as the adult population decreased and competition rose. Even so, rising per capita disposable income has led many consumers to shift to premium food products. Additionally, generic foods have grown in popularity, as operators have invested in these products during the period. Consumers also shifted toward limited-assortment and fresh-format stores. Over the next five years, the industry is anticipated to grow steadily, resulting from rising discretionary income and consumer preferences. As health concerns intensify, more consumers will seek all-natural and organic products...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • Competition from mass merchandisers is expected to intensify over the next five years
  • The growing popularity of organic food has helped lift industry performance
  • Enterprise growth will be bolstered by the growing number of limited-assortment stores
  • Industry Report - Industry Investment Chapter

    The Supermarkets and Grocery Stores industry exhibits a low level of capital intensity. Using wages as a proxy for labor and depreciation as a proxy for capital, IBISWorld estimates that for every $1.00 spent on labor in the industry, $0.12 will be spent on capital in 2017. This figure is slightly higher than the $0.09 spent in 2012. Capital expenditure for the industry includes the purchase of store assets, such as cash registers and shelving. While most industry operators invested relatively small portions of their revenue on capital goods, many of the large supermarkets implemented new technology. For instance, the introduction of computerized point-of-sale systems and self-checkout systems has increased supermarkets' dependence on capital to improve operating efficiencies. Adv...purchase to read more.

    Additional Insights for the Supermarkets & Grocery Stores in New York Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Supermarkets & Grocery Stores in New York Industry are

  • Proximity to key markets
  • Access to multiskilled and flexible workforce
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Per Capita Disposable Income in New York and Agricultural price index in the Supermarkets & Grocery Stores in New York industry impact industry performance..

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    What's in this report

    What is the Supermarkets & Grocery Stores in New York Industry?

    The Supermarkets and Grocery Stores industry makes up the largest food retail channel in the United States. Establishments in this industry retail general lines of food products, including fresh and prepared meats, poultry and seafood, canned and frozen foods, fresh fruits and vegetables and various dairy products. Delicatessens primarily retailing food are also included.

    Industry Products
  • Fruits and vegetables
  • Dairy products
  • Beverages
  • Frozen foods
  • Fresh and frozen meat
  • Other Foods
  • Other non-food items
  • Drug and health products
  • Industry Activities
  • Retailing a general line of food
  • Retailing health and beauty products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per Capita Disposable Income in New York
  • Agricultural price index
  • Number of adults aged 20 to 64 in New York
  • Healthy eating index

  • Current Performance
  • Industry threats
  • Areas of growth
  • Profit and participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry trends
  • Online competition
  • Industry participation
  • Table: Supermarkets & Grocery Stores in New York Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Supermarkets & Grocery Stores in New York Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Beef & Pork Wholesaling
  • Confectionery Wholesaling
  • Dairy Wholesaling
  • Egg & Poultry Wholesaling
  • Fish & Seafood Wholesaling
  • Frozen Food Wholesaling
  • Fruit & Vegetable Wholesaling
  • Grocery Wholesaling

  • Products & Services
  • Other Foods
  • Beverages
  • Dairy products
  • Other non-food items
  • Fresh and frozen meat
  • Frozen foods
  • Drug and health products
  • Fruits and vegetables
  • Chart: Supermarkets & Grocery Stores in New York Industry Products and Services Segmentation

  • Major Markets
  • Fourth income quintile
  • Highest income quintile
  • Third income quintile
  • Second income quintile
  • Lowest income quintile
  • Chart: Major Market Segmentation for the Supermarkets & Grocery Stores in New York Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Supermarkets & Grocery Stores in New York

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Supermarkets & Grocery Stores in New York Industry

  • Wakefern Food Corporation, Wegmans Food Markets, Ahold Delhaize, The Golub Corporation, TOPS Markets, LLC, ALDI US, Key Food Stores Co-op, Inc., Trader Joe's, Whole Foods Market,
  • Table: Wakefern Food Corporation - financial performance
  • Table: Wegmans Food Markets - financial performance
  • Table: Ahold Delhaize - financial performance
  • Table: The Golub Corporation - financial performance
  • Table: TOPS Markets, LLC - financial performance
  • Table: ALDI US - financial performance
  • Table: Key Food Stores Co-op, Inc. - financial performance
  • Table: Trader Joe's - financial performance
  • Table: Whole Foods Market - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Supermarkets & Grocery Stores in New York 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 Supermarkets & Grocery Stores in New York Industry
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • NY- Per Capita Disposable Income in New York (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Fresh Format Stores
  • Stores that differ from traditional supermarkets by offering an extensive array of premium organic, ethnic and specialty items.
  • Limited Assortment Stores
  • Stores that are more compact than traditional supermarkets and sell a limited variety of low-priced private label items.
  • Point Of Sale System
  • A hardware or software system that traces where a transaction occurs at a retail establishment or store.
  • Premium Brands
  • Brands that are produced by regional, national or international companies. They are typically priced higher than private label brands and are often considered to be of higher quality.
  • Private Label Brands
  • Brands that are offered by retailers and compete with regional, national and international brands.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Supermarkets & Grocery Stores in New York Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    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 Supermarkets & Grocery Stores in New York:
    • 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 Supermarkets & Grocery Stores in New York 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 Supermarkets & Grocery Stores in New York, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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