USA: Food And Grocery Market Forecast 2023


Posted August 27, 2019 by aarkstore2018

Food & grocery registered sales of US$1,247.1 billion in 2018 and are forecast to grow at a CAGR of 3.1% during 2018-2023 to reach US$1,455.1 billion in 2023.

 
USA: Food & Grocery - Market Shares, & Forecasts to 2023 provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to USA retail environment. In addition, it analyzes the key consumer trends influencing USA food & grocery industry.
Scope

- Food & grocery accounted for one-third of total retail spending in 2018

- Hypermarkets and supermarkets continue to dominate the sector

- Online penetration to more than double during 2018-2023

- Walmart takes a significant share; while the rest of the sector is fragmented

- Low prices and convenience are driving growth

What else does this report offer?

- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics

- The report also details major retailers in food & grocery category group with their product proposition analysis and market positioning in 2018 along with recent key developments

- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors

- Retail sales and the fastest-growing product categories in food & grocery sector

- Qualitative and quantitative insights of changing retail dynamics in food and grocery sector

Read Full Report:- www.aarkstore.com/retail/1775137/usa-food-grocery-market-shares-summary-forecasts

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Contact Email [email protected]
Issued By Aarkstore Enterprise
Phone +91 - 22 2756 4963 / Online Su
Country United States
Categories Consumer , Reports , Research
Tags food and grocery market forecast report , latest market research report , market forecast research report , us afood and grocery market forecast 2023
Last Updated August 27, 2019