Supermarkets & Grocery Stores in Florida - Industry Market Research Report

Supermarkets & Grocery Stores in Florida - Industry Market Research Report

  • September 2020 •
  • 25 pages •
  • Report ID: 5470376 •
  • Format: PDF
Lettuce celebrate: Rising disposable income has led many consumers to shift to premium food products

Abstract

Supermarkets & Grocery Stores in Florida
The Supermarkets and Grocery Stores industry in Florida has grown slowly over the past five years. Rising per capita disposable income has led many consumers to shift to premium food products. Additionally, generic foods have grown in popularity, as operators have invested in these products during the period. External competition from alternative retailers such as large warehouse clubs and supercenters has been on the rise, mitigating growth. These companies can provide consumers the same goods that supermarkets and grocery stores offer, but are often able to sell them at lower prices due to economies of scale. Over the next five years, the industry is anticipated to grow steadily, resulting from rising discretionary income and a growing state population.

The Supermarkets and Grocery Stores industry makes up the largest food retail channel in the United States. Establishments in this industry retail general lines of food products, including fresh and prepared meats, poultry and seafood, canned and frozen foods, fresh fruits and vegetables and various dairy products. Delicatessens primarily retailing food are also included.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Loading...

We are very sorry, but an error occurred.
Please contact support@reportbuyer.com if the problem remains.