Grocery Wholesaling in Illinois
The Grocery Wholesaling in Illinois industry acts as the middleman between food producers and retailers. Traditionally, this industry is stable due to the constant and steady demand for groceries as well as the diverse product portfolio general line wholesalers provide. While the industry experienced volatility early in the period, stability returned in the latter half of the period. Grocery wholesalers are located in regions that are densely populated. As populations rise, demand for food rises which increases demand for more groceries on store shelves. However, the population in Illinois slightly contracted over the past five years, keeping revenue gains low. Over the five years to 2022, the industry is expected to increase at a faster and steadier pace. The industry will benefit from a growing population and rising incomes, enabling a greater base of consumers to purchase more goods at grocery and food service locations.
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 generally do not specialize. 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.