Grocery Stores Industry: Statistics, Forecasts, and Company Data

Grocery Stores - Market Size and Industry Forecast

The 2023 Grocery Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the grocery stores industry.

HistoricalForecasted
20182019202020212022202320242025202620272028
Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Grocery Stores - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Grocery Stores companies in the United States.

Grocery Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesGrocery Stores
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Grocery Stores - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Grocery Stores - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Grocery Stores - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Groceries & other foods for human consumption off the premises
All other foods
Meat, fish, seafood & poultry, including prepack meats req refrigeration
Produce, including fresh & prepackaged fruits & vegetables
Drugs, health aids, beauty aids, including cosmetics
Dairy products & related foods, including milk, cheese, butter
Prescriptions
Frozen foods, including packaged foods sold in a frozen state
Packaged liquor, wine, & beer

Grocery Stores - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations2%

Chief Executives0%
General and Operations Managers1%
Food Preparation and Serving Related Occupations13%
Cooks and Food Preparation Workers7%
Food Preparation Workers6%
Food Preparation Workers6%
Sales and Related Occupations44%
Supervisors of Sales Workers6%
First-Line Supervisors of Sales Workers6%
First-Line Supervisors of Retail Sales Workers6%
Retail Sales Workers38%
Cashiers32%
Cashiers32%
Retail Salespersons5%
Retail Salespersons5%
Office and Administrative Support Occupations25%
Material Recording, Scheduling, Dispatching, and Distributing Workers18%
Stock Clerks and Order Fillers18%
Stock Clerks and Order Fillers18%
Production Occupations7%
Food Processing Workers6%
Transportation and Material Moving Occupations6%
Material Moving Workers5%
Laborers and Material Movers, Hand5%

Government Contracts

In the past, the federal government spent an annual total of $1,137,854 on the grocery stores industry. It has awarded 188 contracts to 38 companies, with an average value of $29,944 per company.

Grocery Stores and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)





Grocery Stores Industry Report
GeographyUnited States  
Publication DateDecember 2023
Report FormatPDF Download  
Price

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