Food price increases hit the egg category the hardest between December 2021 and December 2022 in the United States. The price of eggs increased by 32.2 percent in 2022. However, in 2023 it only increased by 1.4 percent.
In the United States, online grocery prices hit a five-year peak in September 2022, when they registered a 14.3 percent year-over-year increase. In the country, the prices of grocery products available online has increased continuously, only lowering to 2.68 percent as of February 2024, marking an unprecedented period of inflation.
The Consumer Price Index (CPI) for food is a component of the all-items CPI. The CPI measures the average change over time in the prices paid by urban consumers for a representative market basket of consumer goods and services. While the all-items CPI measures the price changes for all consumer goods and services, including food, the CPI for food measures the changes in the retail prices of food items only.
In an April 2024 conducted survey regarding Australian shopper perceptions of cost of living, around 58 percent of respondents indicated that they felt the pricing of groceries and related products were unfair. Only around a quarter of those surveyed felt that grocery products were fairly priced.
According to a June 2022 global survey, most e-shoppers reported rising prices for groceries being an issue while online shopping. Nearly 70 percent of shoppers in Brazil stated that increased food prices influenced their shopping behavior, while South Korea had the second-highest number of respondents reporting the issue, at 64 percent.
Online food market Worldwide, China is home to the largest online food delivery market by revenue. In 2022, China's online food delivery market was valued at roughly 310 billion U.S. dollars. The online food delivery market in the United States ranked second, with almost 185 billion U.S. dollars in revenue. The United Kingdom (UK) and India were among the leading countries, with 33 billion and 27 billion U.S. dollars, respectively. While China leads in revenue, online food delivery penetration is the highest in the UK. In 2022, almost three-quarters of UK shoppers purchased meals via the internet, whereas only slightly more than half of Chinese consumers had done the same.
Inflation hits grocery prices The impact of inflation on food prices can be seen throughout the world. In the United States, it has adversely affected online grocery since June 2021. For instance, year-on-year inflation for groceries stood at 13.6 percent in October 2022. Consumers in the UK are the most worried about rising food prices. In November 2022, eight out of ten UK shoppers expected grocery prices to rise further in the following months. In Europe, shoppers are changing their grocery purchasing habits due to inflation. Half of Europeans are trying private-label brands, and 35 percent are straying from their go-to brand. As a result of inflation, 14 percent are now shifting away from brick-and-mortar stores to online grocery shopping.
In a survey conducted by Rakuten Insight in March 2023, 93 percent of the respondents in the Philippines were impacted by the increase in price for groceries. In comparison, 33 percent of the respondents in China were impacted by the price increase of groceries as of March 2023.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Learn about the various factors that affect beef prices in grocery stores, including the cost of feed, transportation and labor costs, and the popularity of individual cuts of meat. Discover tips for finding affordable beef at the grocery store.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Learn about the factors that affect grocery store beef prices, including the cut of meat, quality, location, and supply and demand. Explore current prices in different US locations and discover how seasonality and promotions can impact beef prices.
This statistic shows the results of a survey conducted in the United States in 2018 on online shopping. Some 29 percent of the respondents stated that their average order for groceries and beverages in an online shop costs between $21 and $50. The Survey Data Table for the Statista survey Online-Shopping in the U.S. 2018 contains the complete tables for the survey including various column headings.
According to a survey carried out in the United States in June 2023, some 44 percent of respondents stated that they usually purchase groceries locally at the brick-and-mortar stores, making it the most popular shopping choice. Some 15 percent of respondents said that they usually shop for groceries mainly online, while three percent said they purchase them exclusively online.
Why do Americans still prefer to buy groceries in physical stores?
Being able to see and choose products in person before buying them was the most-cited reason for not shopping for groceries online in the United States in 2018. Other top reasons for shopping in-store included enjoyment and not having to pay for delivery. If consumers were to be persuaded to buy groceries online, then price and convenience would be the leading factors to convince them.
Grocery market in the United States
Sales of supermarkets and other grocery stores in the United States reached around 810 billion U.S. dollars in 202, an increase of more than 250 billion U.S. dollars over a ten-year period. Walmart was the leading food and grocery retailer in the U.S. in 2022, with sales reaching around 421 billion U.S. dollars.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, the global Grocery Store market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
The Retail Chain category is the fastest growing segment of the Grocery Store industry
Market Dynamics of Grocery Store Market
Key Drivers for Grocery Store Market
Growing Consumer Interest in Organic and Fresh Foods to Boost Market Growth
The market for grocery stores is significantly influenced by consumers' increased interest in fresh and organic foods. Organic vegetables, dairy, meats, and other minimally processed foods are becoming more and more popular among health-conscious consumers because of their perceived quality, environmental impact, and health benefits. Growing consumer awareness of pesticide use, genetically modified organisms, and additives has led them to favour products with organic labels and those supplied locally. In response, grocery stores have increased the variety of organic products they provide and established special areas, which draw in a devoted clientele and strengthen their brand identity. This change further supports the expansion of the grocery business by being in line with trends toward eco-friendly and sustainable practices.
Growth of Private Label Goods to Drive Market Growth
As private label items provide merchants with larger profit margins and competitive pricing, their expansion is a key factor in the grocery store industry. Store-branded private labels are popular among budget-conscious shoppers seeking high-quality substitutes for national brands. More control over pricing and production allows supermarkets and grocery stores to customize products to consumer tastes and new trends, such as organic or gluten-free options. Because consumers are drawn to unique products that aren't found anywhere else, private labels also encourage customer loyalty, which eventually improves store distinction and boosts total grocery sector sales.
Restraint Factor for the Grocery Store Market
Increasing Online Retailer Competition Will Limit Market Growth
The grocery store sector is being restrained by the growing competition from online retailers, as customers are attracted to the ease of online shopping and doorstep delivery. With their extensive assortment, affordable costs, and easy-to-use platforms that simplify shopping, e-commerce behemoths and grocery delivery services are alluring substitutes for conventional grocery stores. Due to this change, fewer people are visiting physical businesses, particularly younger, tech-savvy shoppers. Online merchants also frequently provide subscription-based discounts and tailored promotions, which help them gain market share. Digital trends are difficult for traditional grocery stores to adopt, which may hinder their expansion and financial success.
Impact of COVID-19 on the Grocery Store Market
The market for grocery stores was significantly impacted by the COVID-19 epidemic, which also accelerated the trend toward online grocery shopping and fundamentally altered consumer behaviour. The stockpiling of necessities caused temporary increases in demand due to lockdowns and health concerns. As more people cooked at home, sales of cleaning goods, personal care items, and pantry items climbed in many establishments. However, physical retailers had to deal with issues like labour shortages, supply chai...
Supermarket giant the Woolworths Group had the highest presence across Australia’s leading supermarket and convenience store chains as of January 2025, with around 2,230 locations across its network, including Woolworths Supermarkets, Ampol Woolworths, and EG Ampol locations. Its grocery retail rival, the Coles Group, came in second, with over 1,530 locations nationwide, encompassing Coles Supermarkets and Coles Express. American convenience store chain 7-Eleven also makes its mark, with an extensive number of stores in Australia. European supermarkets, Aldi and Spar, have also expanded their networks over the past two decades, slowly eating away at Woolworths, Coles, and Metcash’s grocery retail market share. ACCC investigates Australia’s grocery retail market Australia’s supermarket scene is oligopolistic; the top four companies, Woolworths, Coles, Metcash (IGA), and Aldi control over 80 percent of the country’s grocery retail market share, with around 65 percent held by Woolworths and Coles alone. In 2024, the Australian Competition and Consumer Commission (ACCC) began its inquiry into the country’s supermarket sector to review pricing and competitive practices following price gouging allegations against Australia’s leading grocery retailers. Alongside the ACCC investigation, consumer advocacy group CHOICE started to create government-funded price transparency and comparison reports, such as average grocery basket price evaluations, to deliver in-depth insights to customers to help them save money amid excessive price increases. How have Australia’s consumers responded to grocery price inflation? According to a 2024 survey, around 58 percent of Australian consumers perceive the pricing of groceries and related products as unfair, with almost seven in 10 expressing that they felt these products had continued to become costlier since 2023. Convenience, familiarity with a particular store’s layout, and collecting reward points were the key reasons to shop exclusively at a supermarket chain among Australian consumers in a 2023 survey. Nonetheless, as grocery costs across the country climb, several consumers' grocery retailer loyalties are being tested. Consumers increasingly shop across various stores or switch to a different supermarket chain to save money and take advantage of price promotions.
As of January 1, 2020 groceries from AmazonFresh were at least three percent cheaper than groceries from its major rivals. The largest price difference was found compared to Ocado and Waitrose with gaps at 10.8 and 11.5 percent, respectively. AmazonFresh is a grocery delivery service that is currently available is selected cities worldwide as well as a couple of U.S. states.
This is a collection of maps, layers, apps and dashboards that show population access to essential retail locations, such as grocery stores. Data sourcesPopulation data is from the 2010 U.S. Census blocks. Each census block has a count of stores within a 10 minute walk, and a count of stores within a ten minute drive. Census blocks known to be unpopulated are given a score of 0. The layer is available as a hosted feature layer.Grocery store locations are from SafeGraph, reflecting what was in the data as of October 2020. Access to the layer was obtained from the SafeGraph offering in ArcGIS Marketplace. For this project, ArcGIS StreetMap Premium was used for the street network in the origin-destination analysis work, because it already has the necessary attributes on each street segment to identify which streets are considered walkable, and supports a wide variety of driving parameters.The walkable access layer and drivable access layers are rasters, whose colors were chosen to allow the drivable access layer to serve as backdrop to the walkable access layer. Alternative versions of these layers are available. These pairs use different colors but are otherwise identical in content.Data PreparationArcGIS Network Analyst was used to set up a network street layer for analysis. ArcGIS StreetMap Premium was installed to a local hard drive and selected in the Origin-Destination workflow as the network data source. This allows the origins (Census block centroids) and destinations (SafeGraph grocery stores) to be connected to that network, to allow origin-destination analysis.The Census blocks layer contains the centroid of each Census block. The data allows a simple popup to be created. This layer's block figures can be summarized further, to tract, county and state levels.The SafeGraph grocery store locations were created by querying the SafeGraph source layer based on primary NAICS code. After connecting to the layer in ArcGIS Pro, a definition query was set to only show records with NAICS code 445110 as an initial screening. The layer was exported to a local disk drive for further definition query refinement, to eliminate any records that were obviously not grocery stores. The final layer used in the analysis had approximately 53,600 records. In this map, this layer is included as a vector tile layer.MethodologyEvery census block in the U.S. was assigned two access scores, whose numbers are simply how many grocery stores are within a 10 minute walk and a 10 minute drive of that census block. Every census block has a score of 0 (no stores), 1, 2 or more stores. The count of accessible stores was determined using Origin-Destination Analysis in ArcGIS Network Analyst, in ArcGIS Pro. A set of Tools in this ArcGIS Pro package allow a similar analysis to be conducted for any city or other area. The Tools step through the data prep and analysis steps. Download the Pro package, open it and substitute your own layers for Origins and Destinations. Parcel centroids are a suggested option for Origins, for example. Origin-Destination analysis was configured, using ArcGIS StreetMap Premium as the network data source. Census block centroids with population greater than zero were used as the Origins, and grocery store locations were used as the Destinations. A cutoff of 10 minutes was used with the Walk Time option. Only one restriction was applied to the street network: Walkable, which means Interstates and other non-walkable street segments were treated appropriately. You see the results in the map: wherever freeway overpasses and underpasses are present near a grocery store, the walkable area extends across/through that pass, but not along the freeway.A cutoff of 10 minutes was used with the Drive Time option. The default restrictions were applied to the street network, which means a typical vehicle's access to all types of roads was factored in.The results for each analysis were captured in the Lines layer, which shows which origins are within the cutoff of each destination over the street network, given the assumptions about that network (walking, or driving a vehicle).The Lines layer was then summarized by census block ID to capture the Maximum value of the Destination_Rank field. A census block within 10 minutes of 3 stores would have 3 records in the Lines layer, but only one value in the summarized table, with a MAX_Destination_Rank field value of 3. This is the number of stores accessible to that census block in the 10 minutes measured, for walking and driving. These data were joined to the block centroids layer and given unique names. At this point, all blocks with zero population or null values in the MAX_Destination_Rank fields were given a store count of 0, to help the next step.Walkable and Drivable areas are calculated into a raster layer, using Nearest Neighbor geoprocessing tool on the count of stores within a 10 minute walk, and a count of stores within a ten minute drive, respectively. This tool uses a 200 meter grid and interpolates the values between each census block. A census tracts layer containing all water polygons "erased" from the census tract boundaries was used as an environment setting, to help constrain interpolation into/across bodies of water. The same layer use used to "shoreline" the Nearest Neighbor results, to eliminate any interpolation into the ocean or Great Lakes. This helped but was not perfect.Notes and LimitationsThe map provides a baseline for discussing access to grocery stores in a city. It does not presume local population has the desire or means to walk or drive to obtain groceries. It does not take elevation gain or loss into account. It does not factor time of day nor weather, seasons, or other variables that affect a person's commute choices. Walking and driving are just two ways people get to a grocery store. Some people ride a bike, others take public transit, have groceries delivered, or rely on a friend with a vehicle. Thank you to Melinda Morang on the Network Analyst team for guidance and suggestions at key moments along the way; to Emily Meriam for reviewing the previous version of this map and creating new color palettes and marker symbols specific to this project. Additional ReadingThe methods by which access to food is measured and reported have improved in the past decade or so, as has the uses of such measurements. Some relevant papers and articles are provided below as a starting point.Measuring Food Insecurity Using the Food Abundance Index: Implications for Economic, Health and Social Well-BeingHow to Identify Food Deserts: Measuring Physical and Economic Access to Supermarkets in King County, WashingtonAccess to Affordable and Nutritious Food: Measuring and Understanding Food Deserts and Their ConsequencesDifferent Measures of Food Access Inform Different SolutionsThe time cost of access to food – Distance to the grocery store as measured in minutes
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Argentina Supermarket Survey: Sales Index: Constant Price data was reported at 89.300 4Q2013=100 in Sep 2014. This records a decrease from the previous number of 97.200 4Q2013=100 for Aug 2014. Argentina Supermarket Survey: Sales Index: Constant Price data is updated monthly, averaging 93.500 4Q2013=100 from Dec 2013 (Median) to Sep 2014, with 10 observations. The data reached an all-time high of 116.300 4Q2013=100 in Dec 2013 and a record low of 84.200 4Q2013=100 in Feb 2014. Argentina Supermarket Survey: Sales Index: Constant Price data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.H012: Supermarket Survey: Sales Index: Q42013=100. Rebased from 4Q2013=100 to Oct2013-Sep2014=100. Replacement series ID: 359406557
European supermarkets’ revenue is forecast to grow at a compound annual rate of 4.5% over the five years through 2024 to reach €1.6 trillion. A handful of supermarkets dominate each country, with the only new entrants being well-established supermarkets looking to expand to new regions – independents struggle to grab market share from the well-entrenched stores. Soaring operating costs, driven by purchase price and wage, are eating into the profitability of supermarkets. For many supermarket executives, scaling e-commerce operations has taken a backseat as they seek to combat falling sales volumes and downtrading, with customers foregoing brands for value or own-brand products. Consumer preferences for organic produce and premium products have also been sidelined during the cost-of-living as customers tighten their purse strings. Price inflation is expected to push revenue up by 2.6% in 2024. Over the five years through 2029, supermarkets’ revenue is slated to climb at a compound annual rate of 0.9% to €1.6 trillion. As disposable incomes recover from the cost-of-living crisis, consumers will switch back to organic and premium produce will return and demand for convenient shopping experiences will intensify. Expanding e-commerce offerings will be central to many supermarkets’ strategies as they look to widen their sales channels. Investment will be required to fully automate warehouse procedures, such as with automated picking and depalletising, as will decarbonising fleets. Advances in analytics, Generative AI and automation will help minimise costs in what is already a tight operating model for many grocery retailers, giving some relief to profitability. Sustainability will move to the forefront of supermarkets’ decision-making process when they select new suppliers as green concerns continue to mount.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Egg prices are soaring, significantly impacting American budgets and inflation. Discover the reasons behind this rise and its effects on consumers and producers.
As of 2023, Canadian consumers are most likely to shop at a grocery retailer based on its price, if products are in-stock, and how fresh the products are. Price is the top factor, however, with almost half of consumers saying this was the most important.
When surveyed in December 2023, some 67 percent of respondents in the U.S. stated that they expected grocery prices to increase. This figure peaked at 81 percent in June 2022.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Chile Real Retail Sales Index: Supermarket:(CPI) Consumer Price IndexBase 2009=100 data was reported at 181.647 2005=100 in Dec 2011. This records an increase from the previous number of 130.956 2005=100 for Nov 2011. Chile Real Retail Sales Index: Supermarket:(CPI) Consumer Price IndexBase 2009=100 data is updated monthly, averaging 127.328 2005=100 from Jan 2009 (Median) to Dec 2011, with 36 observations. The data reached an all-time high of 181.647 2005=100 in Dec 2011 and a record low of 107.109 2005=100 in Feb 2009. Chile Real Retail Sales Index: Supermarket:(CPI) Consumer Price IndexBase 2009=100 data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Chile – Table CL.H018: Supermarket Sales Index: 2005=100. Rebased from 2005=100 to 2009=100 Replacement series ID: 274361003
Food price increases hit the egg category the hardest between December 2021 and December 2022 in the United States. The price of eggs increased by 32.2 percent in 2022. However, in 2023 it only increased by 1.4 percent.