Despite the economic downturn, the grocery industry has retained its status as a booming sector. Total food sales accounted for 1.46 trillion U.S. dollars in 2014. Almost every household in the U.S. bought consumer packaged goods in the grocery channel in 2014, showing the enormous significance of the industry. Most U.S. shoppers purchased groceries at retail giant Walmart.
Retail experts expect the industry to grow further in the next couple of years. Trends to watch out for are the growing importance of small format supermarkets, mobile technologies to support consumers’ shopping trips and online grocery shopping like virtual market places.
This text provides general information. Statista assumes no
liability for the information given being complete or correct.
Due to varying update cycles, statistics can display more up-to-date
data than referenced in the text.