Home / Research & Insights / Food Industry Facts

Food Industry Facts


Food_Industry_Facts_Header_Image-1
When you need the facts and you need them now.
Below are topline food industry operations and consumer data culled from FMI’s research reports and supermarket trade publications. Data are updated as figures are released. 


5.9 M

Number of Employees

Source: Bureau of Labor Statistics

Empolyees-1

supermarket total sales

$701.188 Billion

Total Supermarket Sales (2018)

Source: Progressive Grocery Magazine

items-carried-stat

31,530

Average number items carried in a supermarket (2022)

Source: FMI


Supermarkets-1

45575

Number of Supermarkets

This includes conventional supermarkets, limited assortment grocery, supercenters, warehouse grocery, conventional club, and natural/gourmet stores, along with military commissaries.

Source: NielsenIQ TDLinx


net profit icon

2.3%

Net Profit After Taxes for Food Retailers (2022)

VIEW TREND

Source: FMI

avg total size

48,415

Average total store size in Square Feet (2022)

VIEW TREND

Source: FMI



$595987

Average weekly sales per supermarket (2022)

Source: FMI

Weekly_Sales-1

weekly spend per household

$155

Average weekly grocery spending per household (June 2023)

Source: U.S. Grocery Shopper Trends

weekly sales per sqft

$19.32

Weekly sales per square foot of selling area (2022)

Source: FMI




% of disposable income spent on food (2021)

Source: USDA (See Table on Normalized Food Expenditures by all Purchasers)

industry facts - disposable income icon

5.2%

Food at Home

45.1%

Food Away from Home


Empolyees-1

$202.79

Sales per Labor Hour (2022)

Source: FMI




Sales per customer transaction (2022)

Source: FMI

Sales per customer icon

$44.02

In-store

$109

Online


percent total sales icon

5.6%

Percent of total sales of grocery items online (2022)

Source: FMI

percent of transactions icon

29.4%

Percent of transactions used with self-checkout (2022)

Source: FMI