
United States (US) Food and Grocery Retail Market Summary, Competitive Analysis and Forecast to 2027
Description
United States (US) Food and Grocery Retail Market Summary, Competitive Analysis and Forecast to 2027
Summary
Food & Grocery Retail in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The food & grocery retail market is segmented into household products, tobacco, food, and drinks.
- The US food & grocery retail market had total revenues of $1,658.0 billion in 2022, representing a compound annual growth rate (CAGR) of 6% between 2017 and 2022.
- The food segment accounted for the market's largest proportion in 2022, with total revenues of $1,117.8 billion, equivalent to 67.4% of the market's overall value.
- The growth in the US food & grocery retail market is influenced by several macroeconomic factors, such as rising GDP and growing consumer confidence. For instance, according to the University of Michigan, consumer sentiment in the US stood at 69.5 in August 2023, up from 56.8 in November 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in the United States
- Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States food & grocery retail market with five year forecasts
- What was the size of the United States food & grocery retail market by value in 2022?
- What will be the size of the United States food & grocery retail market in 2027?
- What factors are affecting the strength of competition in the United States food & grocery retail market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's food & grocery retail market?
Table of Contents
53 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in the market?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the pricing strategies in the market?
- 7.4. Are any disruptors posing a threat to the incumbents?
- 8 Company Profiles
- 8.1. Walmart Inc
- 8.2. The Kroger Co
- 8.3. Costco Wholesale Corporation
- 8.4. Target Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States food & grocery retail market value: $ million, 2017-22
- Table 2: United States food & grocery retail market category segmentation: % share, by value, 2017-2022
- Table 3: United States food & grocery retail market category segmentation: $ million, 2017-2022
- Table 4: United States food & grocery retail market geography segmentation: $ million, 2022
- Table 5: United States food & grocery retail market value forecast: $ million, 2022-27
- Table 6: Walmart Inc: key facts
- Table 7: Walmart Inc: Annual Financial Ratios
- Table 8: Walmart Inc: Key Employees
- Table 9: Walmart Inc: Key Employees Continued
- Table 10: Walmart Inc: Key Employees Continued
- Table 11: Walmart Inc: Key Employees Continued
- Table 12: The Kroger Co: key facts
- Table 13: The Kroger Co: Annual Financial Ratios
- Table 14: The Kroger Co: Key Employees
- Table 15: The Kroger Co: Key Employees Continued
- Table 16: Costco Wholesale Corporation: key facts
- Table 17: Costco Wholesale Corporation: Annual Financial Ratios
- Table 18: Costco Wholesale Corporation: Key Employees
- Table 19: Costco Wholesale Corporation: Key Employees Continued
- Table 20: Costco Wholesale Corporation: Key Employees Continued
- Table 21: Target Corp: key facts
- Table 22: Target Corp: Annual Financial Ratios
- Table 23: Target Corp: Key Employees
- Table 24: Target Corp: Key Employees Continued
- Table 25: United States size of population (million), 2018-22
- Table 26: United States gdp (constant 2005 prices, $ billion), 2018-22
- Table 27: United States gdp (current prices, $ billion), 2018-22
- Table 28: United States inflation, 2018-22
- Table 29: United States consumer price index (absolute), 2018-22
- Table 30: United States exchange rate, 2018-22
- List of Figures
- Figure 1: United States food & grocery retail market value: $ million, 2017-22
- Figure 2: United States food & grocery retail market category segmentation: $ million, 2017-2022
- Figure 3: United States food & grocery retail market geography segmentation: % share, by value, 2022
- Figure 4: United States food & grocery retail market value forecast: $ million, 2022-27
- Figure 5: Forces driving competition in the food & grocery retail market in the United States, 2022
- Figure 6: Drivers of buyer power in the food & grocery retail market in the United States, 2022
- Figure 7: Drivers of supplier power in the food & grocery retail market in the United States, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in the United States, 2022
- Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in the United States, 2022
- Figure 10: Drivers of degree of rivalry in the food & grocery retail market in the United States, 2022
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