Plunkett’s Food Industry Market Research

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Food, Beverage and Grocery OVERVIEW


     The global food and agricultural industry for 2017 totaled about $8.1 trillion, according to Plunkett Research estimates, or about 10% of the world's GDP.
     Global food exports totaled $1.35 trillion in 2016, according to the World Trade Organization (latest data available).
     While it is obvious that food is of equal importance to all people on planet Earth, the relative cost of that food is not equal.
     It varies widely due to such influences as location, local food industries and the availability of proper infrastructure for food transportation and storage.
    Households in well-developed nations such as the U.S.
    Canada, Singapore and countries in Europe, spend a relatively modest portion of household income on food, typically 11%-15%.
     In less-developed nations, such as Pakistan, Nigeria and the Philippines, food make account for more than 40% of spending, making it hard for families to invest in education or health care.
    In America, the average household spent $7,203 on food during 2016, up from $7,023 the previous year.
     That included $4,049 spent on food for at-home dining, and $3,154 for dining out.
    The retail grocery store and supermarket industry in the U.S., with 40,498 stores, totaled about $641.1 billion in revenues during 2017, up from $627.0 billion the previous year, according to U.S.
    Department of the Census figures.
     However, food products and beverages in America and elsewhere are sold at a wide

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Industry Statistics

Top Companies Profiled

The following is a partial listing for this industry. As a subscriber, you will have access to the leading companies and top growth companies. This includes publicly-held, private, subsidiary and joint venture companies, on a global basis as well as in the U.S.


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