GITNUX MARKETDATA REPORT 2024

Must-Know Grocery Store Statistics [Latest Report]

Highlights: The Most Important Grocery Store Statistics

  • The global grocery store market is anticipated to reach a value of USD 12.24 trillion by 2020.
  • There are over 38,000 supermarkets in the United States (2019 data).
  • 83% of shoppers complete their grocery shopping in under an hour.
  • The average American grocery shopper visits the store 1.6 times per week.
  • The average supermarket in the United States carries 28,112 items.
  • In 2019, Walmart held the largest share of the U.S. grocery market, at 26%.
  • Global online grocery sales are projected to grow at a CAGR of 23% between 2020 and 2025.
  • The average American supermarket generates $516,727 in sales per week.
  • 67% of U.S. consumers choose a supermarket primarily based on the quality of fresh produce.
  • 11% of global consumers now shop for groceries online.
  • In 2021, 57% of global consumers prefer to shop at a locally owned grocery store.
  • U.S. households spend an average of 9.9% of their disposable income on food (both consumed at home and away from home) in 2019.
  • An estimated 48% of Europeans regularly use digital coupons for grocery shopping.
  • 90% of customers still preferred to shop in grocery stores, but 60% used digital tools before or during a visit in 2019.
  • 52% of grocery store customers are drawn to stores that offer sustainable food options.
  • Retailers that combine online and offline grocery shopping reach an average of 28% more customers.
  • In 2020, 43% of shoppers said they shopped at multiple stores during grocery trips.
  • 10% of global consumers purchased groceries online for the first time during the COVID-19 pandemic.
  • In 2019, 64% of the U.S. population used a smartphone to look for discounts and coupons while grocery shopping.

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Grocery stores are an integral part of our lives, and the industry is constantly evolving. From global market size to local store preferences, there’s a lot to learn about grocery shopping habits around the world. In this blog post, we’ll explore 20 statistics that provide insight into how people shop for groceries in 2020 and beyond. We’ll look at everything from supermarket sizes to online sales trends so you can get a better understanding of what drives consumer behavior when it comes to buying food. So let’s dive in.

The Most Important Statistics
The global grocery store market is anticipated to reach a value of USD 12.24 trillion by 2020. This statistic is a powerful indicator of the immense potential of the global grocery store market. It shows that the market is expected to experience tremendous growth in the coming years, making it an attractive investment opportunity for those looking to capitalize on the industry’s success. With such a large projected value, it is clear that the grocery store market is an important part of the global economy and will continue to be so in the future. There are over 38,000 supermarkets in the United States (2019 data). This statistic is a testament to the sheer number of grocery stores available to Americans. It speaks to the convenience and accessibility of food shopping, and the competitive nature of the industry. It also highlights the importance of grocery stores in the US economy, as they provide jobs and contribute to the overall economic health of the country.

Grocery Store Statistics Overview

83% of shoppers complete their grocery shopping in under an hour.

This statistic is a testament to the efficiency of grocery stores, demonstrating that the majority of shoppers are able to complete their shopping in a timely manner. This is an important statistic to consider when discussing grocery store statistics, as it speaks to the convenience and effectiveness of the shopping experience.

The average American grocery shopper visits the store 1.6 times per week.

This statistic is a telling indication of the importance of grocery stores in the lives of Americans. It shows that grocery stores are a regular part of the weekly routine for many people, and that they are a vital part of the American economy. This statistic is especially relevant to a blog post about Grocery Store Statistics, as it provides a snapshot of the frequency with which people visit these stores.

The average supermarket in the United States carries 28,112 items.

This statistic is a telling indication of the sheer variety of products available in the average supermarket in the United States. With 28,112 items, customers have an abundance of options to choose from, making it easier to find the items they need. This statistic is a testament to the convenience and accessibility of grocery stores in the United States.

In 2019, Walmart held the largest share of the U.S. grocery market, at 26%.

This statistic is significant in the context of grocery store statistics because it demonstrates Walmart’s dominance in the U.S. grocery market. With a 26% share, Walmart is far and away the largest player in the market, and its size and influence are likely to have a major impact on the industry as a whole.

Global online grocery sales are projected to grow at a CAGR of 23% between 2020 and 2025.

This statistic is a powerful indicator of the potential for growth in the online grocery store industry. It suggests that the market is ripe for expansion, and that businesses should be looking to capitalize on this trend in the coming years. With a CAGR of 23%, the online grocery store sector is set to experience a significant surge in sales, making it an attractive option for entrepreneurs and investors alike.

The average American supermarket generates $516,727 in sales per week.

This statistic is a powerful indicator of the success of the average American supermarket. It speaks to the sheer volume of customers that are frequenting these stores, and the amount of money they are spending. This statistic is a testament to the importance of grocery stores in our society, and the impact they have on our economy.

67% of U.S. consumers choose a supermarket primarily based on the quality of fresh produce.

This statistic is a testament to the importance of fresh produce in the grocery shopping experience. It highlights the fact that consumers are willing to prioritize quality when it comes to selecting a supermarket, indicating that fresh produce is a major factor in their decision-making process. This is an important insight for grocery stores to consider when developing their strategies and marketing plans.

11% of global consumers now shop for groceries online.

This statistic is a clear indication that the grocery store industry is rapidly evolving. With 11% of global consumers now shopping for groceries online, it is evident that the traditional brick-and-mortar grocery store model is no longer the only option for consumers. This shift in consumer behavior has the potential to drastically change the grocery store industry, and it is important to understand the implications of this statistic in order to stay ahead of the curve.

In 2021, 57% of global consumers prefer to shop at a locally owned grocery store.

This statistic is a powerful indicator of the importance of local businesses in the grocery store industry. It shows that a majority of consumers are choosing to shop at locally owned stores, demonstrating the value of these establishments to their communities. This is an important point to consider when discussing grocery store statistics, as it highlights the importance of supporting local businesses.

U.S. households spend an average of 9.9% of their disposable income on food (both consumed at home and away from home) in 2019.

This statistic is a telling indication of the importance of grocery stores in the lives of Americans. It shows that, despite the rise of convenience stores and other food outlets, grocery stores remain a major source of sustenance for the average U.S. household. This statistic is a reminder of the vital role grocery stores play in providing food for the nation.

An estimated 48% of Europeans regularly use digital coupons for grocery shopping.

This statistic is a telling indication of the growing trend of Europeans turning to digital coupons for their grocery shopping needs. It speaks to the convenience and cost-effectiveness of using digital coupons, and how it has become an increasingly popular option for grocery shoppers. This statistic is an important piece of information for anyone looking to gain insight into the grocery store industry, as it provides a glimpse into the changing habits of European shoppers.

90% of customers still preferred to shop in grocery stores, but 60% used digital tools before or during a visit in 2019.

This statistic is a telling indication of the changing landscape of grocery shopping. It shows that while the majority of customers still prefer to shop in-store, a significant portion of them are taking advantage of digital tools to enhance their experience. This speaks to the importance of grocery stores staying up-to-date with the latest technology in order to remain competitive and provide customers with the best possible shopping experience.

52% of grocery store customers are drawn to stores that offer sustainable food options.

This statistic is indicative of the growing trend of grocery store customers wanting to purchase food that is sustainably sourced. It shows that more and more people are becoming conscious of the environmental impact of their food choices and are actively seeking out stores that offer sustainable food options. This is an important statistic to consider when discussing grocery store statistics, as it highlights the importance of sustainability in the grocery store industry.

Retailers that combine online and offline grocery shopping reach an average of 28% more customers.

This statistic is a powerful indicator of the potential for retailers to expand their customer base by combining online and offline grocery shopping. By reaching 28% more customers, retailers can tap into a larger market and increase their sales. This is especially important in today’s digital age, where customers are increasingly turning to online shopping for their grocery needs. By offering both online and offline options, retailers can ensure they are meeting the needs of all their customers.

In 2020, 43% of shoppers said they shopped at multiple stores during grocery trips.

This statistic is indicative of a larger trend in grocery shopping: shoppers are increasingly looking for the best deals and products across multiple stores. This speaks to the importance of grocery stores offering competitive prices and a wide selection of products to meet the needs of their customers. It also highlights the need for grocery stores to stay up-to-date with the latest trends and technologies to ensure they remain competitive in the market. This statistic is an important reminder of the ever-changing landscape of grocery shopping and the need for grocery stores to stay ahead of the curve.

10% of global consumers purchased groceries online for the first time during the COVID-19 pandemic.

This statistic is a testament to the impact of the COVID-19 pandemic on consumer behavior. It shows that the pandemic has caused a significant shift in the way people shop for groceries, with 10% of global consumers turning to online grocery shopping for the first time. This is an important statistic to consider when discussing grocery store statistics, as it highlights the need for grocery stores to adapt to the changing landscape of consumer behavior.

In 2019, 64% of the U.S. population used a smartphone to look for discounts and coupons while grocery shopping.

This statistic is a telling indication of the power of technology in the grocery shopping experience. It shows that a majority of the population is taking advantage of the convenience of using their smartphones to look for discounts and coupons while grocery shopping. This highlights the importance of grocery stores having an online presence and utilizing digital marketing strategies to reach their customers.

Conclusion

The global grocery store market is a rapidly growing industry, with the value anticipated to reach USD 12.24 trillion by 2020. In the United States alone there are over 38,000 supermarkets and 83% of shoppers complete their shopping in under an hour. The average American visits the supermarket 1.6 times per week and shops for 28,112 items on average each time they visit – Walmart holds 26% of this market share in 2019.

Online grocery sales have seen significant growth as well; projected to grow at a CAGR of 23%, while 11% of global consumers now shop for groceries online regularly (2020). Additionally, 67% choose their supermarket based on fresh produce quality and 57% prefer locally owned stores (2021). On average Americans spend 53 hours per year grocery shopping and 9.9 % disposable income on food annually (2019), often using digital coupons or looking up discounts via smartphone before checkout (64%). During COVID-19 pandemic 10 % purchased groceries online for first time ever(2020) . Finally 43 percent shopped multiple stores during trips due to focus on value(2020) ,while 52 percent were drawn towards sustainable options.(2018)

Overall it can be concluded that consumer preferences play an important role when it comes to choosing where one does their weekly grocery shopping – whether its convenience or sustainability that drives them – retailers must keep these trends top-of-mind if they want to remain competitive within this booming industry

References

0. – https://www.globalwebindex.com

1. – https://www.kantarworldpanel.com

2. – https://www.thinkwithgoogle.com

3. – https://www.bain.com

4. – https://www.supermarketnews.com

5. – https://www.businessinsider.com

6. – https://www.marketwatch.com

7. – https://www.grocerydive.com

8. – https://www.ers.usda.gov

9. – https://www.nielsen.com

10. – https://www.mckinsey.com

11. – https://www.fmi.org

12. – https://www.vouchercloud.com

13. – https://www.statista.com

14. – https://www.businesswire.com

FAQs

What is the average number of customers visiting a grocery store per day?

The average number of daily customers may vary based on location, store size, and type of grocery store. For example, a small local grocery store may receive 200-300 customers per day, while a larger supermarket may see 2000-3000 customers per day.

What percentage of a grocery store's total revenue comes from the sale of fresh produce?

On average, fresh produce sales contribute approximately 10% to 15% of a grocery store's total revenue. However, this percentage can be higher or lower depending on the store's emphasis on fresh produce, location, and customer demographics.

What is the most popular grocery store product category in terms of sales volume?

The most popular grocery store product category in terms of sales volume is typically processed and packaged foods, such as snack items, canned goods, and frozen foods. These items usually account for around 20% to 30% of total sales.

What is the average shopping cart value at a grocery store?

The average shopping cart value may vary based on factors such as store size, location, and customer demographics, but typically ranges from $30 to $50. Smaller stores and those in lower-income areas may see lower average cart values, while larger stores in wealthier areas may have higher values.

How much do grocery stores spend on advertising per year on average?

The annual advertising expenditure for grocery stores varies based on the size and competitive nature of the store. On average, a grocery store may spend between 0.5% and 3% of its annual revenue on advertising initiatives.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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