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Supermarkets & Grocery Stores in the US: Market Research Report

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

Supermarkets & Grocery Stores Market Research Report | NAICS 44511 | Jan 2017

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

IBISWorld’s Supermarkets & Grocery Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$612bn
Annual Growth 12-17
1.0%
Annual Growth 17-22
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Profit
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Employment
2,645,491
Businesses
64,300
Industry Analysis & Industry Trends

The Supermarkets and Grocery Stores industry has grown over the past five years, benefiting from a strengthening economy. As per capita disposable income increased during the period, many consumers shifted to premium, organic and all-natural brands, helping lift industry revenue. Despite revenue growth during the period, industry operators faced intensifying competition from alternative retailers. Consumers turned toward warehouse clubs and supercenters because of the cost savings and convenience of these retailers. Mass merchandisers are able to offer lower prices due to their scale of operations. Consumers also shifted toward limited assortment and fresh format stores that provide a simpler layout and primarily sell less costly store brand products... purchase to read more

Industry Report - Industry Products Chapter

Other foods

Other food items make up 31.7% of revenue in 2017. Other foods include bakery products, snack foods, canned foods, pasta, condiments and ethnic food. The most commonly purchased products in this segment include fresh bread and rolls, salty snacks and cold cereal. Other foods' share of industry revenue has expanded in recent years, driven by the growing demand for snacks and condiments. Product innovation and new flavors have driven the demand for snacks and condiments. As per capita disposable income improved over the past five years, many consumers began trading up from generic products to branded and premium goods, such as organic and gluten-free snacks. As .. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Supermarkets & Grocery Stores 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
Fruit and vegetablesFresh and frozen meatDairy productsBeverages (including alcohol)Frozen foodsOther food itemsOther non-food itemsDrugs and health products
 
Industry Activities
Retailing a general line of foodRetailing health and beauty products


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