Navigation Links
Supermarkets and Grocery Stores in the US Industry Market Research Report from IBISWorld Has Been Updated

New York, NY (PRWEB) August 25, 2014

The Supermarkets and Grocery Stores industry has grown over the past five years, benefiting from a strengthening domestic economy. As per capita disposable income continued to rise over this period, some consumers traded up to premium, organic and all-natural brands, helping lift industry revenue. On the other hand, inflationary food costs, as exhibited by the double-digit annualized growth of the agricultural price index, caused many consumers to continue purchasing private label brands even after the recession. “While a shift toward more generic goods curbs revenue growth, it helps operators maintain profit margins, as store brands are less costly to produce than national brands,” according to IBISWorld Industry Analyst Will McKitterick. Overall, industry revenue is expected to grow an annualized 1.5% to $574.1 billion over the five years to 2014, including a 0.9% increase in 2014.

Despite having achieved growth during this period, supermarkets and grocery stores faced intensifying competition from alternative retailers. Namely, consumers have increasingly turned to warehouse clubs and supercenters, such as Costco and Walmart, because of the cost savings and convenience of these retailers. Mass merchandisers are able to offer lower prices due to their scale of operations. Additionally, they offer consumers convenience, as they retail a variety of nonedible goods, including clothing and gardening tools. “Due to increased competition from a variety of retailers, many supermarket chains offered substantial discounts and promotions to drive foot traffic to their stores and strengthen consumer loyalty,” says McKitterick. As a result, industry profitability is expected to slightly decline during this period.

Over the next five years, the industry is anticipated to grow as a result of rising discretionary income, albeit at a more conservative rate than in the previous five-year period. As health concerns intensify, more consumers will seek all-natural and organic products, which are priced at a premium. Operators are also anticipated to benefit from steady commodity markets that will cause input costs to rise much more conservatively than in the past. However, industry profitability is anticipated to decline as competition from alternative retailers heats up, causing operators to offer discounts and promotions. Consequently, industry revenue is forecast to rise slowly in the five years to 2019.

For more information, visit IBISWorld’s Supermarkets and Grocery Stores in the US industry report page.

Follow IBISWorld on Twitter:!/IBISWorld
Friend IBISWorld on Facebook:

IBISWorld industry Report Key Topics

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

Read the full story at

Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related medicine news :

1. Supermarkets and Grocery Stores in Canada Industry Market Research Report Now Available from IBISWorld
2. Discount Supermarkets Tied to Rising Obesity Rates
3. Carry Grocery Bags/Other Items Up Stairs More Ergonomically with InventHelp's Give a Lift (MTN-1631)
4. The Baby Grocery Store Locallay Sponsoring The Salvation Army’s Angel Tree
5. The Baby Grocery Store’s Team Next Generation will “Stroll” in local 5K
6. Homeland Grocery Stores Accepting Applications for First Ever “Get Healthy Challenge"
7. Daimer Ships Pressure Washer For Grocery Store Cleaning
8. Halfway There Florida Purchases New Vans For Transporting Sober Living Residents in Delray Beach to 12 Step Meetings, Grocery Stores and Doctors Appointments
9. The Grocery Game Announces Military Discount During National Military Appreciation Month
10. The Grocery Game Announces Get $5, Give $5 Referral Program
11. The Baby Grocery Store on WBTV News
Post Your Comments:
(Date:11/29/2015)... ... November 29, 2015 , ... Khanna Vision Institute based in Los Angeles, announced ... November 25th 2015. Peer Certification by the Board is done so the public knows ... is first obtained after the completion of three years of training or Residency in ...
(Date:11/29/2015)... ... November 29, 2015 , ... ProStatic Analog Distortion from Pixel ... specially for Final Cut Pro X. FCPX users can now apply ... controls. Destoying and creating chaotic distortion is now quick and simple, putting film ...
(Date:11/28/2015)... (PRWEB) , ... November 28, 2015 , ... ... exchange technology and teleradiology services, has added Chris Hafey and Claude Hooton to ... at the Radiological Society of North America (RSNA) 2015 Annual Meeting and continues ...
(Date:11/28/2015)... ... November 28, 2015 , ... Beginning November 30th at 6:00 a.m. EST until 11:59 p.m. ... , With possible savings of up to 20% off orders $80 or more to free ... website every few hours. , As a competitive e-commerce website for skin care and cosmetic ...
(Date:11/27/2015)... Angeles, CA (PRWEB) , ... November 27, 2015 , ... ... conversation at the recent 2015 American Dental Association meeting in Washington D.C. revolved around ... help protect a patient’s overall health. The talk stressed the link between periodontal disease ...
Breaking Medicine News(10 mins):
(Date:11/29/2015)... Nov. 29, 2015 CIVCO Medical Solutions ... at the Radiological Society of North ... Chicago November 29 – December 4, ... to offer customers unrivaled versatility, enhanced user experience ... --> ...
(Date:11/27/2015)... 27, 2015 Une nouvelle ... au Bremachlorin contre le cancer avancé.    ... combiner l,immunothérapie au traitement photodynamique au Bremachlorin contre ... Une nouvelle approche consistant à combiner l,immunothérapie ... avancé.    Clinical Cancer Research ...
(Date:11/27/2015)... , Niederlande, November 27, 2015 ... fotodynamischer Bremachlorin-Therapie bei fortgeschrittenem Krebs.   --> ... Bremachlorin-Therapie bei fortgeschrittenem Krebs.   --> ... Bremachlorin-Therapie bei fortgeschrittenem Krebs.   Clinical ... --> Clinical Cancer Research vom ...
Breaking Medicine Technology: