GITNUX MARKETDATA REPORT 2024

Must-Know Grocery Statistics [Recent Analysis]

In this post, we explore a diverse range of statistics related to the global grocery industry, shedding light on key trends and consumer behaviors. From the soaring market values to the shift towards online shopping and sustainability considerations, these statistics offer valuable insights into the dynamic landscape of grocery retail. So, let’s dive into the numbers and uncover the fascinating facts shaping the grocery market today.

Statistic 1

"In 2019, the global grocery market was valued at approximately 10.04 trillion USD."

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Statistic 2

"Walmart is the largest grocery retailer in the United States, with a grocery sale of 391 billion USD in 2020."

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Statistic 3

"Approximately 9% of all food and grocery products in the United States were sold online in 2020."

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Statistic 4

"Online grocery sales in the United States are predicted to reach 59.5 billion USD by 2023."

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Statistic 5

"The average American household spent about 4,400 USD on groceries in 2019."

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Statistic 6

"The average markup for grocery items is approximately 25%."

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Statistic 7

"Around 68% of consumers in the United States consider eco-friendly attributes when purchasing grocery products."

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Statistic 8

"Americans spend around 2 hours and 15 minutes per week on grocery shopping."

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Statistic 9

"As of 2019, there were approximately 38,400 supermarkets in the United States."

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Statistic 10

"In 2020, the online grocery market in India was worth 3.3 billion USD, making it the second largest online grocery market in the world."

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Statistic 11

"Fruits and vegetables make up about 25% of total grocery sales in Europe."

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Statistic 12

"The highest number of grocery retailers (around 22%) in the United States are located in the South Atlantic region."

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Statistic 13

"In 2018, private label products accounted for 17% of total grocery sales in the United States"

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Statistic 14

"95% of US households visit grocery stores at least one time per week."

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Statistic 15

"The global organic food and beverage market is projected to reach 210.7 billion USD by 2026."

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Statistic 16

"India is home to the highest number of grocery retailers in the Asia-Pacific region, with nearly 2 million outlets."

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Statistic 17

"Around 60% of grocery shoppers use mobile devices for product research and to find deals while in-store."

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Statistic 18

"Approximately 40% of global grocery sales will be conducted through e-commerce channels by 2025."

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Statistic 19

"More than 20% of US consumers purchase their groceries from more than one store during shopping trips."

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Statistic 20

"The average US grocery store stocks around 40,000 unique products in their inventory."

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The statistics presented reveal key insights into the global grocery market, highlighting significant trends and consumer behavior. The data shows a substantial shift towards online grocery shopping, with both the United States and India experiencing significant growth in this sector. Additionally, the focus on eco-friendly products and the rise of private label goods indicate evolving consumer preferences. The projected increase in e-commerce channels for grocery sales underscores the importance of adapting to changing shopping habits. Overall, these statistics paint a dynamic picture of the grocery industry, with implications for retailers and consumers alike.

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