Key Takeaways
- In 2023, the global grocery retail market was valued at $13.5 trillion, projected to grow at a CAGR of 5.8% from 2024 to 2030.
- U.S. supermarket sales reached $1.02 trillion in 2023, up 3.1% from the previous year.
- Online grocery sales in the U.S. accounted for 13.5% of total grocery sales in 2023, totaling $173 billion.
- 62% of U.S. consumers shopped for groceries weekly in 2023.
- 45% of shoppers prefer curbside pickup for groceries in 2023.
- Gen Z shoppers prioritize sustainability, with 58% willing to pay more for eco-friendly groceries in 2023.
- Fresh produce accounts for 22% of total U.S. grocery sales in 2023.
- Packaged snacks sales grew 7.5% to $45 billion in U.S. 2023.
- Dairy category sales $120 billion in U.S., 12% market share 2023.
- Average U.S. grocery store has 40,000 SKUs in 2023.
- 75% of U.S. supermarkets use AI for inventory management in 2023.
- Supply chain disruptions affected 60% of grocers in 2023.
- U.S. grocery industry employs 5.6 million workers in 2023.
- Average hourly wage for grocery clerks $15.50 in 2023.
- 25% of workforce part-time in U.S. grocery retail 2023.
The global grocery market continues to expand strongly, driven by steady growth across regions and increasing online sales.
Consumer Behavior
- 62% of U.S. consumers shopped for groceries weekly in 2023.
- 45% of shoppers prefer curbside pickup for groceries in 2023.
- Gen Z shoppers prioritize sustainability, with 58% willing to pay more for eco-friendly groceries in 2023.
- 71% of U.S. consumers used grocery apps in 2023, up from 55% in 2021.
- Average U.S. household grocery spend $5,703 annually in 2023.
- 38% of consumers switched to cheaper grocery brands due to inflation in 2023.
- 52% of millennials buy groceries online weekly in 2023.
- Hispanic consumers spend 30% more on fresh produce than average in 2023.
- 67% of Boomers prefer in-store grocery shopping in 2023.
- Impulse buys account for 28% of grocery basket value in 2023.
- 49% of shoppers use loyalty programs for every grocery trip in 2023.
- Plant-based product trial rate among consumers rose to 41% in 2023.
- 55% of urban consumers prioritize local products in groceries 2023.
- Average grocery trip basket size 45 items in U.S. 2023.
- 63% of consumers read labels for health info before buying in 2023.
- Female shoppers make 70% of grocery purchasing decisions in 2023.
- 42% abandoned online grocery carts due to fees in 2023.
- Low-income households cut grocery spending by 8% in 2023.
- 59% of parents buy kid-friendly healthy snacks more in 2023.
- Subscription grocery services used by 22% of consumers in 2023.
- 48% prefer same-day grocery delivery in urban areas 2023.
- Ethnic food purchases up 15% among diverse consumers 2023.
- 35% of shoppers use AI recommendations for groceries 2023.
- Bulk buying frequency increased 20% post-pandemic in 2023.
- 51% value convenience over price in grocery choices 2023.
Consumer Behavior Interpretation
Employment & Sustainability
- U.S. grocery industry employs 5.6 million workers in 2023.
- Average hourly wage for grocery clerks $15.50 in 2023.
- 25% of workforce part-time in U.S. grocery retail 2023.
- Female employees 55% of total grocery workforce 2023.
- Turnover rate 35% annually in frontline grocery jobs 2023.
- 1.2 million new jobs created in global grocery post-2020 by 2023.
- Grocery execs average salary $250,000 in U.S. 2023.
- 40% of grocers offer mental health benefits in 2023.
- Unionized workforce 10% in U.S. grocery chains 2023.
- Training hours per employee 20 annually in top chains 2023.
- 65% of stores recycling 90% waste in 2023.
- Carbon footprint per store reduced 18% since 2019 by 2023.
- 75% grocers sourcing sustainable seafood in 2023.
- Water usage down 25% per sq ft in efficient stores 2023.
- 50% renewable energy in operations for leaders 2023.
- Plastic bag bans affected 70% U.S. states by 2023.
- Organic farming suppliers up 30% for grocers 2023.
- Diversity hiring goals met by 60% chains 2023.
- Overtime hours averaged 5/week for stockers 2023.
- Remote work 15% for corporate grocery roles 2023.
- Safety incidents down 12% with new protocols 2023.
Employment & Sustainability Interpretation
Market Size & Growth
- In 2023, the global grocery retail market was valued at $13.5 trillion, projected to grow at a CAGR of 5.8% from 2024 to 2030.
- U.S. supermarket sales reached $1.02 trillion in 2023, up 3.1% from the previous year.
- Online grocery sales in the U.S. accounted for 13.5% of total grocery sales in 2023, totaling $173 billion.
- The European grocery market grew by 4.2% in 2023, reaching €2.1 trillion in sales.
- India's organized grocery retail sector expanded to $45 billion in 2023, with a 15% YoY growth.
- China's grocery e-commerce market hit $1.2 trillion in 2023, representing 28% of total grocery sales.
- U.S. grocery inflation averaged 2.5% in 2023, down from 11.4% in 2022.
- The organic grocery segment in the U.S. grew 4.5% to $69 billion in 2023.
- Brazil's grocery retail market was valued at $250 billion in 2023, with 6% growth.
- UK grocery sales increased by 5.1% in 2023 to £225 billion.
- Australia's supermarket sector generated AUD 130 billion in 2023, up 3.8%.
- Canada's grocery market reached CAD 120 billion in 2023, growing 4.7%.
- Mexico's modern grocery retail hit $120 billion in 2023, +7.2% YoY.
- South Korea's grocery e-commerce sales were $65 billion in 2023, 25% of total.
- Germany's grocery market value stood at €220 billion in 2023, +3.9%.
- France's hypermarkets and supermarkets sales totaled €180 billion in 2023.
- Japan's convenience store grocery sales reached ¥15 trillion in 2023.
- U.S. club store grocery sales grew 6.2% to $220 billion in 2023.
- Global plant-based grocery sales hit $29 billion in 2023, +12% growth.
- Southeast Asia grocery market expanded to $500 billion in 2023, CAGR 6.5%.
- U.S. grocery delivery market valued at $45 billion in 2023, +15%.
- Middle East grocery retail reached $200 billion in 2023, +8% growth.
- Turkey's organized grocery sector was $80 billion in 2023.
- South Africa's grocery market hit ZAR 400 billion in 2023, +5.5%.
- Global grocery private label sales $300 billion in 2023, 22% market share.
- U.S. Hispanic grocery spending $250 billion annually as of 2023.
- World grocery retail projected to $16 trillion by 2028.
- U.S. grocery M&A deals totaled $25 billion in 2023.
- EMEA grocery market CAGR forecasted at 4.1% to 2027.
- Latin America grocery sales $1.1 trillion in 2023.
Market Size & Growth Interpretation
Operations & Technology
- Average U.S. grocery store has 40,000 SKUs in 2023.
- 75% of U.S. supermarkets use AI for inventory management in 2023.
- Supply chain disruptions affected 60% of grocers in 2023.
- Average grocery stockout rate 8% for key items in 2023.
- 85% of chains implemented RFID for perishables by 2023.
- Labor productivity in grocery up 2.5% via automation 2023.
- 45% of grocers use predictive analytics for demand forecasting 2023.
- Food waste in U.S. grocery retail 30% of produce inventory 2023.
- Average checkout time reduced to 45 seconds with self-scan 2023.
- 60% of warehouses automated picking in large chains 2023.
- Energy costs rose 15% for grocery stores in 2023.
- 70% adoption of mobile POS systems in 2023.
- Shrinkage rate averaged 1.6% of sales in U.S. grocery 2023.
- 55% use blockchain for supply chain traceability 2023.
- Average store footprint 45,000 sq ft for supermarkets 2023.
- Delivery fleets electric vehicles 20% in leading grocers 2023.
- Vendor compliance issues in 40% of deliveries 2023.
- 65% of grocers integrated ERP systems fully by 2023.
- Cold chain efficiency improved 12% with IoT sensors 2023.
- Self-checkout lanes in 80% of U.S. stores, handling 40% transactions 2023.
- Average order fulfillment time for online 2 hours in 2023.
- 50% reduction in paper use via digital invoices 2023.
- Robotics used in 30% of distribution centers for sorting 2023.
- Sustainability tracking software in 55% operations 2023.
- Peak hour online order volume 3x average in 2023.
Operations & Technology Interpretation
Product Categories & Sales
- Fresh produce accounts for 22% of total U.S. grocery sales in 2023.
- Packaged snacks sales grew 7.5% to $45 billion in U.S. 2023.
- Dairy category sales $120 billion in U.S., 12% market share 2023.
- Beverages represent 18% of grocery revenue, $185 billion U.S. 2023.
- Meat and poultry sales $110 billion, up 4% in U.S. 2023.
- Frozen foods category hit $88 billion, +5.8% growth U.S. 2023.
- Bakery products sales $60 billion, 6% of total U.S. groceries 2023.
- Health & wellness products 15% of sales, $153 billion U.S. 2023.
- Private label produce sales up 12% to $25 billion U.S. 2023.
- Candy & gum category $40 billion, +3.2% U.S. 2023.
- Seafood sales $18 billion, 2% share in U.S. groceries 2023.
- Plant-based dairy alternatives $7 billion, +20% growth U.S. 2023.
- Cleaning supplies $35 billion, 3.5% of sales U.S. 2023.
- Baby food & formula $12 billion U.S. market 2023.
- Pet food in grocery channels $28 billion, +8% U.S. 2023.
- Gluten-free products $15 billion, 12% growth U.S. 2023.
- Energy drinks sales $19 billion within beverages U.S. 2023.
- Prepared foods ready-to-eat $50 billion U.S. 2023.
- Nuts & seeds category $10 billion, +10% U.S. 2023.
- Cereal sales $12 billion, flat growth U.S. 2023.
- Pasta & grains $25 billion, 2.5% share U.S. 2023.
- Condiments & sauces $30 billion U.S. 2023.
- OTC health products $22 billion in grocery 2023.
- Coffee & tea $20 billion, 10% beverage share U.S. 2023.
- Yogurt sales $9 billion, +4% U.S. 2023.
- Soup & canned goods $15 billion U.S. 2023.
Product Categories & Sales Interpretation
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