The Latest Food Distribution Industry Statistics Explained
In 2020, the U.S. food and beverage industry’s annual sales stood at approximately $792 billion.
The statistic stating that the U.S. food and beverage industry had annual sales of around $792 billion in 2020 indicates the significant economic scale and importance of this sector within the country’s economy. This figure highlights the substantial consumer demand for food and beverage products in the U.S., reflecting the industry’s size and reach in catering to the needs and preferences of a diverse population. The revenue generated by the food and beverage industry not only contributes significantly to the national GDP but also supports a vast network of businesses ranging from agriculture and manufacturing to retail and hospitality. Such a high sales figure underscores the industry’s resilience and ability to adapt to changing consumer trends and economic conditions, making it a key player in the overall economic landscape of the United States.
The global food and groceries retail market size was valued at $12.24 trillion in 2020.
The statistic indicates that the total value of the global food and groceries retail market reached $12.24 trillion in the year 2020. This figure represents the amount of money spent by consumers worldwide on purchasing food and groceries from retail outlets. The market size includes the sales generated by various types of retailers such as supermarkets, convenience stores, online platforms, and specialty food stores. The significant size of the market suggests that food and groceries are essential commodities with high demand across different regions, as people allocate a substantial portion of their budgets towards purchasing these items. Additionally, the market size provides insights into the scale and importance of the food and groceries industry within the global economy.
In the United States, food and beverage store sales amounted to about $755.4 billion in 2017.
The statistic indicates that in 2017, the total sales generated by food and beverage stores in the United States reached approximately $755.4 billion. This figure reflects the significant consumer demand for food and beverages within the country during that year. In terms of the national economy, food and beverage stores play a crucial role as they are essential for providing essential goods to consumers. The statistic underscores the sizable market size and economic importance of the food and beverage industry in the United States, highlighting the considerable revenue generated by these types of stores.
The global food service distribution market is projected to reach $740.3 billion in 2025.
The statistic indicates that the global food service distribution market is expected to grow significantly, reaching a value of $740.3 billion by the year 2025. This suggests a substantial increase in demand for food service distribution services worldwide over the coming years. Factors such as population growth, urbanization, and changing consumer preferences for convenient food options are likely driving this growth. Businesses operating in the food service distribution industry will need to adapt to meet evolving market demands and capitalize on the projected market expansion to stay competitive and capture a share of the growing market value.
The worldwide food logistics market size was valued at USD 115.9 billion in 2020.
The statistic indicates that in 2020, the global food logistics market had a total value of USD 115.9 billion. This includes all the processes involved in the transportation, storage, and distribution of food products worldwide. The market size provides insight into the scale and significance of the food logistics industry, highlighting the substantial economic value of efficiently managing and moving food products around the globe. This statistic reflects the importance of logistics in ensuring the timely and safe delivery of food from producers to consumers, ultimately impacting food availability, quality, and prices on a global scale.
In France, the food retail market was valued at €121 billion in 2020.
In 2020, the total value of the food retail market in France was estimated to be €121 billion. This statistic reflects the significant size and importance of the food retail industry within the country’s economy. The valuation includes all sales of food products through various retail channels such as supermarkets, hypermarkets, convenience stores, and online platforms. This figure provides insights into the consumption patterns and spending behavior of consumers in France, indicating a high demand for food products and a competitive market landscape where retailers strive to cater to the diverse preferences and needs of consumers. Additionally, this statistic may also serve as a key indicator for policymakers, industry analysts, and stakeholders to assess market trends, economic performance, and potential opportunities for growth and innovation within the food retail sector.
In 2020, Sysco Corporation, a food distributor, generated about 49 billion U.S. dollars from U.S. food service operations.
The statistic indicates that in the year 2020, Sysco Corporation, a well-known food distributor, earned approximately 49 billion U.S. dollars solely from its food service operations within the United States. This figure highlights the significant financial impact of Sysco’s operations in the U.S. food industry and underscores the company’s dominant position as a major player in the market. By generating such a substantial amount of revenue from its U.S. food service operations, Sysco demonstrates its widespread presence and influence within the sector, reflecting its ability to meet the demands and preferences of consumers and businesses seeking food distribution services in the country.
The chilled food distribution market in Germany is estimated to be approximately €8.7 billion in 2020.
The statistic suggests that the chilled food distribution market in Germany is valued at around €8.7 billion in the year 2020. This indicates the total revenue generated by companies involved in distributing chilled foods such as dairy products, ready-to-eat meals, and other perishable goods within Germany during that year. This figure is an essential measure of the size and economic significance of the chilled food distribution industry in the country, highlighting the substantial market demand for refrigerated food products in Germany. Analyzing trends in this market can provide valuable insights for businesses, policymakers, and stakeholders aiming to understand consumer preferences, supply chain dynamics, and economic opportunities in the food industry.
In the U.K., the online food and grocery retailing market was worth £12.7 billion in 2020.
The statistic indicates that in 2020, the online food and grocery retailing market in the United Kingdom had a total worth of £12.7 billion. This figure reflects the substantial growth and importance of the online food and grocery sector within the UK retail market. The increasing popularity of online shopping, particularly in response to the COVID-19 pandemic, has likely contributed to this market’s significant value. Additionally, it suggests that consumers are increasingly turning to online platforms to purchase their groceries and food items, indicating a shift in consumer behavior towards more convenient and flexible shopping options. This statistic highlights the economic significance and potential growth opportunities within the online food and grocery retailing industry in the UK.
In 2022, the estimated revenue of the industry “food, beverage and tobacco retail sector” in the U.S. is expected to amount to $682.2 billion.
The statistic indicates that the food, beverage, and tobacco retail sector in the U.S. is projected to generate approximately $682.2 billion in revenue in 2022. This figure represents the total sales expected from businesses within this industry throughout the year. The revenue can be generated from various sources such as grocery stores, restaurants, convenience stores, and tobacco retailers. The statistic reflects the substantial economic impact of this sector on the overall economy and highlights the significant consumer demand for food, beverages, and tobacco products in the U.S.
The annual growth rate of the food and beverage distribution industry in India was reported at 11.4% between 2016 and 2021.
The annual growth rate of the food and beverage distribution industry in India, which was reported at 11.4% between 2016 and 2021, indicates the percentage increase in the industry’s value over each year during that period. This statistic suggests that the industry experienced consistent growth, expanding by an average of 11.4% annually over the five-year period. Such robust growth signifies a positive trend in the market and reflects the increasing demand for food and beverage products in India during the specified timeframe. Additionally, this statistic can serve as a valuable insight for stakeholders, policymakers, and businesses looking to understand and capitalize on the growth opportunities within the food and beverage distribution sector in India.
The global food service market is forecast to be worth $4.2 Trillion in 2027.
This statistic indicates that the global food service market is projected to reach a total value of $4.2 trillion by the year 2027. This forecast suggests a significant expansion in the industry, signifying growing demand for food services worldwide. Factors contributing to this growth may include increasing urbanization, changing consumer preferences, and the rise of food delivery services. Such a substantial market value reflects the scale and importance of the food service industry in the global economy, highlighting it as a key sector for businesses and investors to monitor and engage with in the coming years.
The five largest food retailers measured by global sales are Walmart (US), The Kroger Co (US), Amazon (US), Schwarz Group (Germany), and Aldi (Germany).
The statistic states that the five largest food retailers globally, based on their sales, are Walmart and The Kroger Co from the United States, Amazon also from the United States, and Schwarz Group and Aldi from Germany. This ranking is likely based on the total revenue generated by these companies from their food retail operations worldwide. The inclusion of Amazon in this list reflects the increasing influence of e-commerce in the food retail industry. The presence of both US and German companies in the top five highlights the significant market share held by retailers from these countries on a global scale.
Around 5.8 million people are employed in the UK food supply industry.
The statistic stating that around 5.8 million people are employed in the UK food supply industry highlights the significant contribution of this sector to the country’s economy. This figure showcases the industry’s vast employment opportunities and its role as a major employer in the UK. It also underscores the importance of the food supply industry in providing jobs and livelihoods to a large portion of the UK workforce. Additionally, this statistic emphasizes the industry’s vital role in ensuring food security and meeting the needs of consumers across the country. Overall, the employment of 5.8 million people in the UK food supply industry signifies its substantial impact on both the economy and society.
In 2019, the industry’s value-added global contribution to GDP was approximately $5.691 trillion, or 6% of the global GDP.
The statistic stating that the industry’s value-added global contribution to GDP in 2019 was approximately $5.691 trillion, or 6% of the global GDP, highlights the significant economic impact of the industry on the global economy. This figure indicates the total value that the industry added to the production process across various countries worldwide. The industry’s substantial contribution underscores its importance as a major driver of economic growth, employment, and innovation on a global scale. As a result, policies, investments, and strategies aimed at supporting and promoting the industry can have widespread implications for economic prosperity and development across countries and regions.
References
0. – https://www.www.statista.com
1. – https://www.iriworldwide.com
2. – https://www.de.statista.com
3. – https://www.www.fdf.org.uk
4. – https://www.www.prnewswire.com
5. – https://www.www.globenewswire.com
6. – https://www.www.ibef.org
