North America Food and Grocery Retail Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Food & Grocery Retail in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The food & grocery retail market includes the retail sales of all food products, both packaged and unpackaged, as well as beverages (including retail sales of all alcoholic and non-alcoholic beverages), tobacco, and household products. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The North American food and grocery retail market had total revenues of $1,796.6 billion in 2021, representing a compound annual growth rate (CAGR) of 4.5% between 2017 and 2021.
- Hypermarkets, supermarkets and hard discounters account for the largest proportion of sales in the North American food and grocery retail market in 2021; sales through this channel generated $1,065.4 billion, equivalent to 59.3% of the market's overall value.
- The food segment was the market's most lucrative in 2021, with total revenues of $1,235.5 billion, equivalent to 68.8% of the market's overall value.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in North America
- Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America food & grocery retail market with five year forecasts by both value and volume
- What was the size of the North America food & grocery retail market by value in 2021?
- What will be the size of the North America food & grocery retail market in 2026?
- What factors are affecting the strength of competition in the North America food & grocery retail market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's food & grocery retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in the market?
- 7.2. What are the strategies and strengths of leading players?
- 7.3. What are the pricing strategies in the market?
- 7.4. Are any disruptors posing a threat to the incumbents?
- 8 Company Profiles
- 8.1. Walmart Inc
- 8.2. The Kroger Co
- 8.3. Target Corp
- 8.4. Costco Wholesale Corporation
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: North America food & grocery retail market value: $ billion, 2016-21
- Table 2: North America food & grocery retail market category segmentation: % share, by value, 2016-2021
- Table 3: North America food & grocery retail market category segmentation: $ billion, 2016-2021
- Table 4: North America food & grocery retail market geography segmentation: $ billion, 2021
- Table 5: North America food & grocery retail market distribution: % share, by value, 2021
- Table 6: North America food & grocery retail market value forecast: $ billion, 2021-26
- Table 7: Walmart Inc: key facts
- Table 8: Walmart Inc: Annual Financial Ratios
- Table 9: Walmart Inc: Key Employees
- Table 10: Walmart Inc: Key Employees Continued
- Table 11: Walmart Inc: Key Employees Continued
- Table 12: Walmart Inc: Key Employees Continued
- Table 13: The Kroger Co: key facts
- Table 14: The Kroger Co: Annual Financial Ratios
- Table 15: The Kroger Co: Key Employees
- Table 16: The Kroger Co: Key Employees Continued
- Table 17: Target Corp: key facts
- Table 18: Target Corp: Annual Financial Ratios
- Table 19: Target Corp: Key Employees
- Table 20: Target Corp: Key Employees Continued
- Table 21: Costco Wholesale Corporation: key facts
- Table 22: Costco Wholesale Corporation: Annual Financial Ratios
- Table 23: Costco Wholesale Corporation: Key Employees
- Table 24: Costco Wholesale Corporation: Key Employees Continued
- Table 25: Costco Wholesale Corporation: Key Employees Continued
- Table 26: North America exchange rate, 2017-21
- List of Figures
- Figure 1: North America food & grocery retail market value: $ billion, 2016-21
- Figure 2: North America food & grocery retail market category segmentation: $ billion, 2016-2021
- Figure 3: North America food & grocery retail market geography segmentation: % share, by value, 2021
- Figure 4: North America food & grocery retail market distribution: % share, by value, 2021
- Figure 5: North America food & grocery retail market value forecast: $ billion, 2021-26
- Figure 6: Forces driving competition in the food & grocery retail market in North America, 2021
- Figure 7: Drivers of buyer power in the food & grocery retail market in North America, 2021
- Figure 8: Drivers of supplier power in the food & grocery retail market in North America, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the food & grocery retail market in North America, 2021
- Figure 10: Factors influencing the threat of substitutes in the food & grocery retail market in North America, 2021
- Figure 11: Drivers of degree of rivalry in the food & grocery retail market in North America, 2021
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook