2024 Specialty Food Stores Industry Research Report

Specialty Food Stores - Market Size and Industry Forecast

The 2024 Specialty Food Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the specialty food stores industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% 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
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


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.

Specialty Food 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 Specialty Food Stores companies in the United States.

Specialty Food Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesSpecialty Food Stores
Small Business (< 5 Employees)

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

Specialty Food 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

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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


Specialty Food Stores - Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios

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

Specialty Food Stores - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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Groceries & other foods for human consumption off the premises
Meat, fish, seafood & poultry, including prepack meats req refrigeration
Produce, including fresh & prepackaged fruits & vegetables
All other foods
Bakery products not baked on the premises, excluding frozen
Candy
Dairy products & related foods, including milk, cheese, butter
Frozen foods, including packaged foods sold in a frozen state
Delicatessen items, including deli meats & other service deli items

Specialty Food Stores - Compensation and Salary Surveys

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

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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 $489,195 on the specialty food stores industry. It has awarded 59 contracts to 21 companies, with an average value of $23,295 per company.

Specialty Food Stores and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Specialty Food Stores Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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