Soft Drink, Baked Goods & Other Grocery Wholesaling in the US
Revenue for the Soft Drink, Baked Goods and Other Grocery Wholesaling industry has increased over the past five years at an annualized rate of 2.4% to $363.4 billion in 2018. Economic growth, falling fuel prices and rising consumer confidence have increased demand in recent years as downstream markets experienced increased sales from consumers with more disposable income in their pockets. Large upstream manufacturers and downstream retailers will likely continue consolidating over the next five years, in addition to eliminating the wholesale middleman when possible. Capital-rich upstream and downstream companies will take advantage of scale and establish their own in-house wholesale capabilities at an increasing rate. As a result, the industry is forecast to grow at a faster rate than the previous five years, thanks to rising sales from downstream markets such as grocery stores, restaurants and other retailers.
Operators in this industry primarily wholesale specialized grocery products such as soft drinks or baked goods. However, this industry does not wholesale frozen foods, dairy products (except dried or canned), poultry products (except canned), confectionery products, fish and seafood products (except canned), meat products (except canned), alcoholic beverages or fresh fruits and vegetables.
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.