Grocery Wholesaling in Florida
The Grocery Wholesaling industry in Florida has grown over the five years to 2017. Generally, this industry is very stable due to the constant and steady demand for groceries as well as the diverse product portfolio wholesalers provide. Nevertheless, the industry experienced revenue fluctuations in line with variable fuel costs, food product prices and consumer spending habits over the past five years. Over the five years to 2022, the Grocery Wholesaling industry in Florida is expected to grow at a faster rate. The industry will continue to benefit from an increasing population and rising incomes, enabling a greater base of consumers to purchase more goods at grocery and food service locations. Fuel costs are also projected to rise, providing an opportunity for operators to raise prices. Nonetheless, the high competition from existing companies dominating the market will slow the entrance of new operators.
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 are generally not specialized. Distributed products usually include dry groceries, perishable food and nonfood products found in grocery stores.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.