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Food Industry Facts


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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. 


5.5 M

Number of Employees

Source: Bureau of Labor Statistics

Empolyees-1

supermarket total sales

$1 Trillion

Total Supermarket Sales (2023)

Source: The Food Retailing Industry Speaks

items-carried-stat

31,704

Average number items carried in a supermarket (2023)

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

1.6%

Net Profit After Taxes for Food Retailers (2023)

VIEW TREND

Source: FMI

avg total size

48,575

Average total store size in Square Feet (2023)

VIEW TREND

Source: FMI



$623188

Average weekly sales per supermarket (2023)

Source: FMI

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weekly spend per household

$165

Average weekly grocery spending per household (Feb. 2024)

Source: U.S. Grocery Shopper Trends

weekly sales per sqft

$17.32

Weekly sales per square foot of selling area (2023)

Source: FMI




% of disposable income spent on food (2023)

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

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5.3%

Food at Home

5.9%

Food Away from Home


Empolyees-1

$241.60

Sales per Labor Hour (2023)

Source: FMI




Sales per customer transaction (2023)

Source: FMI

Sales per customer icon

$42.83

In-store

$112

Online


percent total sales icon

6.0%

Percent of total sales of grocery items online (2023)

Source: FMI

percent of transactions icon

44%

Percent of transactions used with self-checkout (2023)

Source: FMI