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The retail landscape has become extremely competitive with high pressure coming from multiple retail formats. Traditional grocers operate in the same market as hard discount stores, while physical stores benefit from new technologies and online channels. Mixing in-store grocery purchases with online orders, consumers can create their own unique and personal shopping experience.
Food retail is changing along with key shifts in consumer behavior. An example of this is the surge of pre-portioned food or meal kits, which can be purchased in stores or subscribed to online for home delivery, allowing consumers to recreate the restaurant experience at home. Home delivery of groceries is likewise becoming a competitive space where retailers and third-party services battle to offer the lowest fees and quickest delivery times.
Estimated value of global store-based and e-commerce sales in the edible grocery category in 2021 and 2026 (in billion U.S. dollars)
Edible grocery sales were valued at roughly 2.8 trillion U.S. dollars in 2021 and are expected to grow by almost 600 billion by 2026. More and more of food retail sales are expected to occur online in the coming years as well. 2021 saw e-commerce sales at 174 billion dollars, about six percent of total sales. This figure is set to grow by over 100 billion U.S. dollars by 2026.
Number of stores of the leading supermarkets in the U.S.Food and beverage retail store sales in the United States from 2018 to 2022, by format (in million U.S. dollars)
Further details: Visit original statistic Food and beverage retail store sales in the United States from 2018 to 2022, by format (in million U.S. dollars)
Supermarkets and grocery stores account for the vast majority of retail food and beverage sales, and held an 85 percent market share in 2021. Specialty food and convenience stores experienced a decline in their market share, whereas beer, wine, and liquor stores witnessed a growth in their share. The pandemic hit convenience stores particularly hard as consumers consolidated their shopping trips and more often chose larger retailers that had delivery and pickup options.
U.S. convenience storesRevenue of the online food delivery market worldwide from 2017 to 2028, by segment (in trillion U.S. dollars)
Further details: Visit original statistic Revenue of the online food delivery market worldwide from 2017 to 2028, by segment (in trillion U.S. dollars)
Online grocery delivery has experienced remarkable growth, with the pandemic serving as a driving force behind this trend. Demand for food and grocery delivery has skyrocketed as a result, driving significant growth in industry revenues. The global food delivery market generated 760 billion U.S. dollars in revenue in 2022, of which 460 billion dollars came from the grocery delivery segment alone.
Revenue of the online food delivery market in countries around the worldKroger's supermarket sales from 2014 to 2022 (in billion U.S. dollars)
Further details: Visit original statistic Kroger's supermarket sales from 2014 to 2022 (in billion U.S. dollars)
Kroger is the main supermarket banner in the United States, generating 122.3 billion U.S. dollars from its supermarket sales. In Europe, Schwarz-Gruppe and Tesco are the main multinational groups, operating in several retail sectors besides food and beverage. Other leading grocery retailers include the French retailer Carrefour and the Germany-based hard discount supermarket Aldi, which has been steadily increasing its number of U.S. stores.
Supermarkets in the U.S.The food & beverage retail category includes statistics on retail distribution channels and purchase locations including mass merchandisers, supermarkets, bakeries, and confectioners, as well as stores selling alcoholic beverages such as beer, wine, and liquor.
In addition to key performance indicators describing the performance and profitability of physical grocery stores, the category also presents financial highlights and business results of main retail companies. Besides this, it provides survey data about the general attitude of consumers towards grocery shopping.
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Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)