GITNUXREPORT 2026

Retail Food Industry Statistics

The global retail food industry grew strongly in 2023, driven by inflation and new consumer trends.

Rajesh Patel

Rajesh Patel

Team Lead & Senior Researcher with over 15 years of experience in market research and data analytics.

First published: Feb 13, 2026

Our Commitment to Accuracy

Rigorous fact-checking · Reputable sources · Regular updatesLearn more

Key Statistics

Statistic 1

52.4% of U.S. consumers shopped at the same grocery store weekly in 2023.

Statistic 2

68% of U.S. grocery shoppers used loyalty programs in 2023, influencing 25% of purchases.

Statistic 3

Online grocery shopping penetration reached 25% of U.S. households in 2023.

Statistic 4

41% of consumers prioritized price over brand in grocery shopping in 2023.

Statistic 5

U.S. consumers made 2.8 grocery trips per week on average in 2023.

Statistic 6

55% of millennials bought private label groceries weekly in 2023.

Statistic 7

73% of U.S. parents shopped for kid-friendly healthy snacks in 2023.

Statistic 8

Hispanic consumers represented 22% of U.S. grocery spenders in 2023, growing fastest.

Statistic 9

62% of Boomers preferred in-store grocery shopping over online in 2023.

Statistic 10

47% of U.S. consumers tried new grocery products monthly in 2023.

Statistic 11

Gen Z shoppers allocated 35% of grocery budget to plant-based items in 2023.

Statistic 12

59% of consumers read nutrition labels more frequently in 2023.

Statistic 13

Urban U.S. dwellers shopped grocery 15% more online than rural in 2023.

Statistic 14

64% of shoppers used mobile apps for coupons in grocery stores in 2023.

Statistic 15

Women made 78% of U.S. grocery purchasing decisions in households in 2023.

Statistic 16

52% of consumers switched grocers for better prices in 2023.

Statistic 17

Low-income households increased bulk buying by 28% in 2023.

Statistic 18

71% of U.S. consumers bought local produce in 2023.

Statistic 19

Impulse buys accounted for 32% of grocery basket value in 2023.

Statistic 20

48% of shoppers avoided plastic packaging in groceries in 2023.

Statistic 21

Elderly consumers (65+) shopped 1.9 times weekly, preferring full-service stores in 2023.

Statistic 22

66% of parents prioritized allergen-free products in 2023.

Statistic 23

Asian-American shoppers spent 20% more per trip on specialty items in 2023.

Statistic 24

57% of consumers used buy-online-pickup-in-store (BOPIS) monthly in 2023.

Statistic 25

U.S. grocery industry employed 5.8 million workers in 2023.

Statistic 26

Average hourly wage for U.S. grocery clerks was $15.40 in 2023.

Statistic 27

Supermarkets operated 40,000+ stores in the U.S. in 2023.

Statistic 28

Grocery retail turnover per employee averaged $285,000 in U.S. 2023.

Statistic 29

28% of U.S. grocery workforce was part-time in 2023.

Statistic 30

Inventory turnover ratio for U.S. groceries averaged 14.2 times per year in 2023.

Statistic 31

Average U.S. supermarket size was 46,000 sq ft in 2023.

Statistic 32

U.S. grocery stores had 2.1 million checkout transactions daily in 2023.

Statistic 33

15% of grocery employees received health benefits in 2023.

Statistic 34

Shrinkage rate in U.S. grocery retail was 1.6% of sales in 2023.

Statistic 35

U.S. supermarkets stocked average 40,000 SKUs per store in 2023.

Statistic 36

Labor costs represented 25% of U.S. grocery operating expenses in 2023.

Statistic 37

3,200 new grocery stores opened in U.S. in 2023.

Statistic 38

Average store manager salary in U.S. groceries was $72,500 in 2023.

Statistic 39

Self-checkout lanes handled 40% of U.S. grocery transactions in 2023.

Statistic 40

U.S. grocery supply chain employed 1.2 million truck drivers in 2023.

Statistic 41

Energy costs were 4.2% of grocery store operating expenses in 2023.

Statistic 42

62% of U.S. supermarkets used AI for inventory management in 2023.

Statistic 43

Average checkout wait time reduced to 2.1 minutes in 2023 via tech.

Statistic 44

U.S. grocery wholesalers handled $450 billion in sales in 2023.

Statistic 45

18% employee turnover rate in U.S. grocery retail in 2023.

Statistic 46

Robotic picking used in 12% of large grocery DCs in 2023.

Statistic 47

U.S. grocery stores averaged 120 employees per location in 2023.

Statistic 48

Rent occupied 8.5% of grocery operating costs in 2023.

Statistic 49

45% of grocery workforce trained in food safety annually in 2023.

Statistic 50

The U.S. grocery retail market was valued at $1.02 trillion in 2023, representing a 4.1% year-over-year growth driven by inflation and volume increases.

Statistic 51

Global retail food market size reached $28.5 trillion in 2022, projected to grow at a CAGR of 5.8% from 2023 to 2030 due to rising disposable incomes in emerging markets.

Statistic 52

In Europe, the food retail sector generated €1.8 trillion in sales in 2023, with a 2.7% growth rate amid economic recovery post-COVID.

Statistic 53

U.S. supermarket sales accounted for 66% of total grocery market share in 2023, valued at approximately $670 billion.

Statistic 54

The Asia-Pacific food retail market expanded to $12.3 trillion in 2023, fueled by urbanization and e-commerce penetration at 15%.

Statistic 55

Canadian grocery retail sales hit CAD 120 billion in 2023, with a 5.2% increase attributed to private label growth.

Statistic 56

U.K. food and grocery market value stood at £220 billion in 2023, growing 6.8% YoY due to online sales surge.

Statistic 57

In 2023, Brazil's retail food sector reached BRL 850 billion, with 7.1% growth from expanded hypermarket formats.

Statistic 58

Australia's supermarket industry generated AUD 130 billion in 2023, up 4.5% driven by fresh produce demand.

Statistic 59

India's organized food retail market grew to INR 7.5 trillion in FY2023, at 18% CAGR since 2019.

Statistic 60

U.S. convenience store foodservice sales hit $32 billion in 2023, contributing to overall market growth of 3.9%.

Statistic 61

China's grocery retail market valued at RMB 55 trillion in 2023, with 6.2% growth from new retail models.

Statistic 62

Mexico's food retail sector reached MXN 2.1 trillion in 2023, growing 5.6% amid nearshoring trends.

Statistic 63

Germany's food retail turnover was €185 billion in 2023, up 2.4% with discounters gaining 1.2% share.

Statistic 64

France's hypermarkets and supermarkets sales totaled €210 billion in 2023, 3.1% growth from organic products.

Statistic 65

South Korea's convenience store food sales reached KRW 45 trillion in 2023, 8.5% YoY growth.

Statistic 66

U.S. club store grocery sales grew to $220 billion in 2023, 6.7% increase capturing bulk buying trends.

Statistic 67

Japan's supermarket sector sales hit JPY 14 trillion in FY2023, with 1.8% growth despite deflation.

Statistic 68

Turkey's organized food retail market expanded to TRY 1.2 trillion in 2023, 12% growth from inflation.

Statistic 69

U.S. ethnic grocery stores market reached $25 billion in 2023, growing 9.2% YoY.

Statistic 70

Global online grocery sales hit $350 billion in 2023, 12.5% of total food retail market.

Statistic 71

Netherlands food retail sales were €55 billion in 2023, up 3.9% with premium segment expansion.

Statistic 72

U.S. dollar store food sales reached $50 billion in 2023, 10.1% growth capturing value shoppers.

Statistic 73

Spain's food distribution market valued at €140 billion in 2023, 4.2% growth from exports.

Statistic 74

U.S. total grocery market projected to reach $1.15 trillion by 2027, CAGR 3.1% from 2023.

Statistic 75

Southeast Asia food retail market to grow at 7.2% CAGR to $1.8 trillion by 2028.

Statistic 76

U.K. independent grocers contributed £12 billion to market in 2023, 5.4% share.

Statistic 77

U.S. fresh food retail segment valued at $450 billion in 2023, 44% of total groceries.

Statistic 78

Global hypermarket sales reached $4.2 trillion in 2023, 2.8% growth slowdown.

Statistic 79

Italy's large-scale food retail turnover was €85 billion in 2023, up 2.9%.

Statistic 80

U.S. grocery retail sales per capita reached $3,050 in 2023, up from $2,950 in 2022.

Statistic 81

Walmart U.S. grocery sales generated $240 billion in FY2023, 60% of total revenue.

Statistic 82

Kroger Co. reported $148 billion in supermarket sales for FY2023, down 0.5% YoY.

Statistic 83

Costco Wholesale food and sundries sales hit $180 billion in FY2023, up 8.2%.

Statistic 84

Aldi U.S. sales reached $18 billion in 2023, with 5.1% comparable store sales growth.

Statistic 85

Amazon Fresh and Whole Foods combined grocery sales approximated $25 billion in 2023.

Statistic 86

U.S. private label grocery sales totaled $248 billion in 2023, 19.5% market share.

Statistic 87

Dollar General food sales contributed $28 billion to $39.5 billion total revenue in FY2023.

Statistic 88

Target Corp. grocery sales grew 4.3% to $42 billion in FY2023.

Statistic 89

Publix Super Markets sales reached $57.5 billion in 2023, up 5.1% YoY.

Statistic 90

U.S. organic food retail sales hit $67 billion in 2023, 9% growth.

Statistic 91

Albertsons Companies supermarket sales were $77.6 billion for FY2023, flat YoY.

Statistic 92

H-E-B grocery sales estimated at $43 billion in 2023, leading Texas market.

Statistic 93

U.K. Tesco grocery sales £68 billion in FY2023, 9.2% like-for-like growth.

Statistic 94

Lidl U.S. sales surpassed $10 billion in 2023, with 10% store expansion.

Statistic 95

U.S. fresh produce department sales reached $78 billion in 2023, up 4.7%.

Statistic 96

Meijer Inc. sales totaled $19.6 billion in 2023, 3.8% grocery growth.

Statistic 97

U.S. dairy retail sales were $130 billion in 2023, 2.1% decline in volume.

Statistic 98

Wakefern Food Corp. (ShopRite) sales $19.5 billion in FY2023, up 7.2%.

Statistic 99

Instacart-facilitated grocery sales hit $30 billion in 2023, 15% marketplace growth.

Statistic 100

U.S. meat and poultry retail sales totaled $140 billion in 2023, 3.5% increase.

Statistic 101

Sainsbury's U.K. grocery sales £31 billion in FY2023, 11.4% growth.

Statistic 102

U.S. bakery products retail sales reached $55 billion in 2023, up 5.2%.

Statistic 103

Hy-Vee Inc. sales $13 billion in 2023, with grocery at 78% of total.

Statistic 104

U.S. beverage retail sales (non-alcoholic) $250 billion in 2023, 4% growth.

Statistic 105

Food Lion sales estimated $18.7 billion in 2023, 4.8% comp growth.

Statistic 106

U.S. snack food retail sales hit $48 billion in 2023, 6.3% YoY increase.

Statistic 107

Giant Eagle sales $11.5 billion in FY2023, grocery dominant segment.

Statistic 108

U.S. household essentials grocery sales $120 billion in 2023, up 7.1%.

Statistic 109

Plant-based product sales grew 22% YoY in U.S. grocery in 2023.

Statistic 110

78% of U.S. consumers sought sustainable packaging in groceries in 2023.

Statistic 111

Online grocery sales share projected to hit 22% by 2025.

Statistic 112

Zero-waste stores numbered 150+ globally in 2023.

Statistic 113

U.S. grocery carbon footprint averaged 2.5 tons CO2 per store annually in 2023.

Statistic 114

Ghost kitchens integrated into 15% of grocery stores in 2023.

Statistic 115

Regenerative agriculture sourced 8% of U.S. grocery produce in 2023.

Statistic 116

Contactless payments reached 65% of grocery transactions in 2023.

Statistic 117

Meal kit sales in grocery retail grew 12% to $4.5 billion in 2023.

Statistic 118

35% of grocers adopted blockchain for supply chain traceability in 2023.

Statistic 119

Food waste reduced by 10% in U.S. supermarkets via donation apps in 2023.

Statistic 120

Electric delivery vans used by 20% of major grocers in 2023.

Statistic 121

Personalized marketing via AI influenced 28% of grocery sales in 2023.

Statistic 122

CPG brands launched 5,200+ new grocery products in 2023.

Statistic 123

Subscription grocery models grew 18% user base in 2023.

Statistic 124

52% of grocers expanded fresh-cut produce sections in 2023.

Statistic 125

Voice commerce for grocery orders tripled to 5% share in 2023.

Statistic 126

Upcycled food ingredients featured in 12% new products in 2023.

Statistic 127

Grocery micro-fulfillment centers numbered 250 in U.S. by 2023.

Statistic 128

67% consumers willing to pay premium for carbon-neutral groceries in 2023.

Statistic 129

Autonomous delivery robots served 10 cities' groceries in 2023.

Statistic 130

Functional foods sales up 15% to $35 billion in grocery 2023.

Statistic 131

40% grocers piloted metaverse shopping experiences in 2023.

Statistic 132

Water usage per grocery store dropped 12% via efficiency tech in 2023.

Trusted by 500+ publications
Harvard Business ReviewThe GuardianFortune+497
From Walmart's staggering $240 billion in grocery sales to Gen Z allocating over a third of their budget to plant-based items, the seismic shifts in the global retail food industry are revealed through compelling statistics on consumer behavior, market size, and the future of shopping.

Key Takeaways

  • The U.S. grocery retail market was valued at $1.02 trillion in 2023, representing a 4.1% year-over-year growth driven by inflation and volume increases.
  • Global retail food market size reached $28.5 trillion in 2022, projected to grow at a CAGR of 5.8% from 2023 to 2030 due to rising disposable incomes in emerging markets.
  • In Europe, the food retail sector generated €1.8 trillion in sales in 2023, with a 2.7% growth rate amid economic recovery post-COVID.
  • U.S. grocery retail sales per capita reached $3,050 in 2023, up from $2,950 in 2022.
  • Walmart U.S. grocery sales generated $240 billion in FY2023, 60% of total revenue.
  • Kroger Co. reported $148 billion in supermarket sales for FY2023, down 0.5% YoY.
  • 52.4% of U.S. consumers shopped at the same grocery store weekly in 2023.
  • 68% of U.S. grocery shoppers used loyalty programs in 2023, influencing 25% of purchases.
  • Online grocery shopping penetration reached 25% of U.S. households in 2023.
  • U.S. grocery industry employed 5.8 million workers in 2023.
  • Average hourly wage for U.S. grocery clerks was $15.40 in 2023.
  • Supermarkets operated 40,000+ stores in the U.S. in 2023.
  • Plant-based product sales grew 22% YoY in U.S. grocery in 2023.
  • 78% of U.S. consumers sought sustainable packaging in groceries in 2023.
  • Online grocery sales share projected to hit 22% by 2025.

The global retail food industry grew strongly in 2023, driven by inflation and new consumer trends.

Consumer Behavior

  • 52.4% of U.S. consumers shopped at the same grocery store weekly in 2023.
  • 68% of U.S. grocery shoppers used loyalty programs in 2023, influencing 25% of purchases.
  • Online grocery shopping penetration reached 25% of U.S. households in 2023.
  • 41% of consumers prioritized price over brand in grocery shopping in 2023.
  • U.S. consumers made 2.8 grocery trips per week on average in 2023.
  • 55% of millennials bought private label groceries weekly in 2023.
  • 73% of U.S. parents shopped for kid-friendly healthy snacks in 2023.
  • Hispanic consumers represented 22% of U.S. grocery spenders in 2023, growing fastest.
  • 62% of Boomers preferred in-store grocery shopping over online in 2023.
  • 47% of U.S. consumers tried new grocery products monthly in 2023.
  • Gen Z shoppers allocated 35% of grocery budget to plant-based items in 2023.
  • 59% of consumers read nutrition labels more frequently in 2023.
  • Urban U.S. dwellers shopped grocery 15% more online than rural in 2023.
  • 64% of shoppers used mobile apps for coupons in grocery stores in 2023.
  • Women made 78% of U.S. grocery purchasing decisions in households in 2023.
  • 52% of consumers switched grocers for better prices in 2023.
  • Low-income households increased bulk buying by 28% in 2023.
  • 71% of U.S. consumers bought local produce in 2023.
  • Impulse buys accounted for 32% of grocery basket value in 2023.
  • 48% of shoppers avoided plastic packaging in groceries in 2023.
  • Elderly consumers (65+) shopped 1.9 times weekly, preferring full-service stores in 2023.
  • 66% of parents prioritized allergen-free products in 2023.
  • Asian-American shoppers spent 20% more per trip on specialty items in 2023.
  • 57% of consumers used buy-online-pickup-in-store (BOPIS) monthly in 2023.

Consumer Behavior Interpretation

In the face of inflation, the modern American grocery cart has become a chaotic battlefield of digital coupons and private-label goods, where loyalty is a discount-driven habit, generational values fiercely divide the aisles, and every trip is a high-stakes negotiation between price, health, and conscience.

Employment & Operations

  • U.S. grocery industry employed 5.8 million workers in 2023.
  • Average hourly wage for U.S. grocery clerks was $15.40 in 2023.
  • Supermarkets operated 40,000+ stores in the U.S. in 2023.
  • Grocery retail turnover per employee averaged $285,000 in U.S. 2023.
  • 28% of U.S. grocery workforce was part-time in 2023.
  • Inventory turnover ratio for U.S. groceries averaged 14.2 times per year in 2023.
  • Average U.S. supermarket size was 46,000 sq ft in 2023.
  • U.S. grocery stores had 2.1 million checkout transactions daily in 2023.
  • 15% of grocery employees received health benefits in 2023.
  • Shrinkage rate in U.S. grocery retail was 1.6% of sales in 2023.
  • U.S. supermarkets stocked average 40,000 SKUs per store in 2023.
  • Labor costs represented 25% of U.S. grocery operating expenses in 2023.
  • 3,200 new grocery stores opened in U.S. in 2023.
  • Average store manager salary in U.S. groceries was $72,500 in 2023.
  • Self-checkout lanes handled 40% of U.S. grocery transactions in 2023.
  • U.S. grocery supply chain employed 1.2 million truck drivers in 2023.
  • Energy costs were 4.2% of grocery store operating expenses in 2023.
  • 62% of U.S. supermarkets used AI for inventory management in 2023.
  • Average checkout wait time reduced to 2.1 minutes in 2023 via tech.
  • U.S. grocery wholesalers handled $450 billion in sales in 2023.
  • 18% employee turnover rate in U.S. grocery retail in 2023.
  • Robotic picking used in 12% of large grocery DCs in 2023.
  • U.S. grocery stores averaged 120 employees per location in 2023.
  • Rent occupied 8.5% of grocery operating costs in 2023.
  • 45% of grocery workforce trained in food safety annually in 2023.

Employment & Operations Interpretation

While our grocery aisles overflow with 40,000 choices and our avocados are now picked by robots, the industry still runs on the backs of 5.8 million humans, many of whom are part-time, earn $15.40 an hour, and are twice as likely to handle your self-checkout as they are to receive health benefits.

Market Size & Growth

  • The U.S. grocery retail market was valued at $1.02 trillion in 2023, representing a 4.1% year-over-year growth driven by inflation and volume increases.
  • Global retail food market size reached $28.5 trillion in 2022, projected to grow at a CAGR of 5.8% from 2023 to 2030 due to rising disposable incomes in emerging markets.
  • In Europe, the food retail sector generated €1.8 trillion in sales in 2023, with a 2.7% growth rate amid economic recovery post-COVID.
  • U.S. supermarket sales accounted for 66% of total grocery market share in 2023, valued at approximately $670 billion.
  • The Asia-Pacific food retail market expanded to $12.3 trillion in 2023, fueled by urbanization and e-commerce penetration at 15%.
  • Canadian grocery retail sales hit CAD 120 billion in 2023, with a 5.2% increase attributed to private label growth.
  • U.K. food and grocery market value stood at £220 billion in 2023, growing 6.8% YoY due to online sales surge.
  • In 2023, Brazil's retail food sector reached BRL 850 billion, with 7.1% growth from expanded hypermarket formats.
  • Australia's supermarket industry generated AUD 130 billion in 2023, up 4.5% driven by fresh produce demand.
  • India's organized food retail market grew to INR 7.5 trillion in FY2023, at 18% CAGR since 2019.
  • U.S. convenience store foodservice sales hit $32 billion in 2023, contributing to overall market growth of 3.9%.
  • China's grocery retail market valued at RMB 55 trillion in 2023, with 6.2% growth from new retail models.
  • Mexico's food retail sector reached MXN 2.1 trillion in 2023, growing 5.6% amid nearshoring trends.
  • Germany's food retail turnover was €185 billion in 2023, up 2.4% with discounters gaining 1.2% share.
  • France's hypermarkets and supermarkets sales totaled €210 billion in 2023, 3.1% growth from organic products.
  • South Korea's convenience store food sales reached KRW 45 trillion in 2023, 8.5% YoY growth.
  • U.S. club store grocery sales grew to $220 billion in 2023, 6.7% increase capturing bulk buying trends.
  • Japan's supermarket sector sales hit JPY 14 trillion in FY2023, with 1.8% growth despite deflation.
  • Turkey's organized food retail market expanded to TRY 1.2 trillion in 2023, 12% growth from inflation.
  • U.S. ethnic grocery stores market reached $25 billion in 2023, growing 9.2% YoY.
  • Global online grocery sales hit $350 billion in 2023, 12.5% of total food retail market.
  • Netherlands food retail sales were €55 billion in 2023, up 3.9% with premium segment expansion.
  • U.S. dollar store food sales reached $50 billion in 2023, 10.1% growth capturing value shoppers.
  • Spain's food distribution market valued at €140 billion in 2023, 4.2% growth from exports.
  • U.S. total grocery market projected to reach $1.15 trillion by 2027, CAGR 3.1% from 2023.
  • Southeast Asia food retail market to grow at 7.2% CAGR to $1.8 trillion by 2028.
  • U.K. independent grocers contributed £12 billion to market in 2023, 5.4% share.
  • U.S. fresh food retail segment valued at $450 billion in 2023, 44% of total groceries.
  • Global hypermarket sales reached $4.2 trillion in 2023, 2.8% growth slowdown.
  • Italy's large-scale food retail turnover was €85 billion in 2023, up 2.9%.

Market Size & Growth Interpretation

The world's collective grocery cart is overflowing with trillions, proving that no matter the economic climate, inflation, or new retail model, humanity's first priority remains the serious business of securing snacks.

Sales & Revenue

  • U.S. grocery retail sales per capita reached $3,050 in 2023, up from $2,950 in 2022.
  • Walmart U.S. grocery sales generated $240 billion in FY2023, 60% of total revenue.
  • Kroger Co. reported $148 billion in supermarket sales for FY2023, down 0.5% YoY.
  • Costco Wholesale food and sundries sales hit $180 billion in FY2023, up 8.2%.
  • Aldi U.S. sales reached $18 billion in 2023, with 5.1% comparable store sales growth.
  • Amazon Fresh and Whole Foods combined grocery sales approximated $25 billion in 2023.
  • U.S. private label grocery sales totaled $248 billion in 2023, 19.5% market share.
  • Dollar General food sales contributed $28 billion to $39.5 billion total revenue in FY2023.
  • Target Corp. grocery sales grew 4.3% to $42 billion in FY2023.
  • Publix Super Markets sales reached $57.5 billion in 2023, up 5.1% YoY.
  • U.S. organic food retail sales hit $67 billion in 2023, 9% growth.
  • Albertsons Companies supermarket sales were $77.6 billion for FY2023, flat YoY.
  • H-E-B grocery sales estimated at $43 billion in 2023, leading Texas market.
  • U.K. Tesco grocery sales £68 billion in FY2023, 9.2% like-for-like growth.
  • Lidl U.S. sales surpassed $10 billion in 2023, with 10% store expansion.
  • U.S. fresh produce department sales reached $78 billion in 2023, up 4.7%.
  • Meijer Inc. sales totaled $19.6 billion in 2023, 3.8% grocery growth.
  • U.S. dairy retail sales were $130 billion in 2023, 2.1% decline in volume.
  • Wakefern Food Corp. (ShopRite) sales $19.5 billion in FY2023, up 7.2%.
  • Instacart-facilitated grocery sales hit $30 billion in 2023, 15% marketplace growth.
  • U.S. meat and poultry retail sales totaled $140 billion in 2023, 3.5% increase.
  • Sainsbury's U.K. grocery sales £31 billion in FY2023, 11.4% growth.
  • U.S. bakery products retail sales reached $55 billion in 2023, up 5.2%.
  • Hy-Vee Inc. sales $13 billion in 2023, with grocery at 78% of total.
  • U.S. beverage retail sales (non-alcoholic) $250 billion in 2023, 4% growth.
  • Food Lion sales estimated $18.7 billion in 2023, 4.8% comp growth.
  • U.S. snack food retail sales hit $48 billion in 2023, 6.3% YoY increase.
  • Giant Eagle sales $11.5 billion in FY2023, grocery dominant segment.
  • U.S. household essentials grocery sales $120 billion in 2023, up 7.1%.

Sales & Revenue Interpretation

While Americans wrestle the grocery cart through ever-rising per capita costs, the industry reveals a stark, two-lane road: one lane is a brutal race of giants battling over pennies in saturated markets, and the other is a gold rush of specialty and value players thriving on our collective craving for organic avocados, bulk toilet paper, and a decent deal on dinner.

Trends & Sustainability

  • Plant-based product sales grew 22% YoY in U.S. grocery in 2023.
  • 78% of U.S. consumers sought sustainable packaging in groceries in 2023.
  • Online grocery sales share projected to hit 22% by 2025.
  • Zero-waste stores numbered 150+ globally in 2023.
  • U.S. grocery carbon footprint averaged 2.5 tons CO2 per store annually in 2023.
  • Ghost kitchens integrated into 15% of grocery stores in 2023.
  • Regenerative agriculture sourced 8% of U.S. grocery produce in 2023.
  • Contactless payments reached 65% of grocery transactions in 2023.
  • Meal kit sales in grocery retail grew 12% to $4.5 billion in 2023.
  • 35% of grocers adopted blockchain for supply chain traceability in 2023.
  • Food waste reduced by 10% in U.S. supermarkets via donation apps in 2023.
  • Electric delivery vans used by 20% of major grocers in 2023.
  • Personalized marketing via AI influenced 28% of grocery sales in 2023.
  • CPG brands launched 5,200+ new grocery products in 2023.
  • Subscription grocery models grew 18% user base in 2023.
  • 52% of grocers expanded fresh-cut produce sections in 2023.
  • Voice commerce for grocery orders tripled to 5% share in 2023.
  • Upcycled food ingredients featured in 12% new products in 2023.
  • Grocery micro-fulfillment centers numbered 250 in U.S. by 2023.
  • 67% consumers willing to pay premium for carbon-neutral groceries in 2023.
  • Autonomous delivery robots served 10 cities' groceries in 2023.
  • Functional foods sales up 15% to $35 billion in grocery 2023.
  • 40% grocers piloted metaverse shopping experiences in 2023.
  • Water usage per grocery store dropped 12% via efficiency tech in 2023.

Trends & Sustainability Interpretation

This kaleidoscope of data reveals an industry sprinting from the checkout lane into the future, simultaneously spooning up plant-based yogurt, frantically shrinking its carbon footprint, and flirting with robots and the metaverse, all while the modern consumer watches, wallet in hand, demanding sustainability with a side of convenience.

Sources & References