Report: Traditional grocery channel still commands largest share of sales
However, that share is shrinking, as traditional grocery continues to lose share to non-traditional grocery channels.
Inmar Analytics, Winston-Salem, N.C., released Inmar Analytics 2019 Future of Food Retailing Report, which provides a detailed look into the food retailing industry to identify and quantify market dynamics, trends and behaviors. Additionally, the report recaps the previous year’s activities and provides projections for the next five years in terms of dollar share and store count across numerous channels and formats.
The traditional grocery channel still commands the largest share of sales generated from grocery and consumable products at 44%. However, that share is shrinking, as traditional grocery continues to lose share to non-traditional grocery channels. Since 1988, traditional grocery has lost over half of its market share (down to 44% from 90%). Additionally, the volume of e-commerce sales at traditional retailers continued to rise, as well among formats in the non-traditional channel. In fact, e-commerce sales for food and consumables totaled $58 billion in 2018, an increase of 21.7% over 2017.