Convenience Store Industry Staistics, Sales Data,Market Share & Trends 2016-2024

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Global Convenience Store Industry Outlook : 2016-2024 Request Sample Report Fig: 17: Global Convenience Store Industry Share, By Product Type, 2016-2024 XX% XX% XX% 2016 XX% XX% XX% Source: Goldstein Research Food Beverages Tobacco Snacks and Candies Others Fuel Fig: 17: Global Convenience Store Industry Y-O-Y Growth, By Product Type, , 2016-2024 XX% XX% XX% 2024 XX% XX% XX% •As per Global Retail Development Index (GRDI) countries from Asia- Pacific such as India, China, and Malaysia topped the GRDI list in terms of both size and momentum thus proving to be potential to develop convenience store market which is at an initial stage. But U.S. has existing huge market of convenience store owing to the sale of fuel and packed food available at these stores located along the roadside, in an urban area or inside a transport hub. •This industry has grown over the past five years, benefitting from a strengthening economy and the trend toward organic and allnatural brands, especially as consumer spending has increased. However, the industry is mature, and revenue is expected to grow at a rate below national GDP over the next five years (XX%, annualized) as compared to annualized growth of XX% from 2012 to 2017. 2016e 2017f 2018f 2019f 2020f 2021f 2022f 2023f 2024f •Generally, over XX% of a c-store’s sales are motor fuels; however, fuel typically contributes only one-third of total convenience store gross margin dollars Fig: 17: Global Convenience Store Industry Size (USD Billion), By ProductType-2016-2024 XX XX XX XX XX XX XX XX XX XX XX XX 2016 2024 Fuel Source: Goldstein Research Food2 Beverages2 Tobacco2 Snacks and Candies2 Others2 Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Convenience Store Industry Outlook : 2016-2024 Request Sample Report Fig: 17: Global Convenience Store Industry Share, By Food Products, 2016-2024 XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX Fig: 17: Global Convenience Store Industry Y-O-Y Growth, By Food Product Type, , 2016-2024 2016e 2017f 2018f 2019f 2020f 2021f 2022f 2023f 2024f XX 2016e 2017e 2018f 2019 2020 2021 2022 2023 2024 Source: Goldstein Research XX XX XX XX •Recent snacking statistics support the idea that C-store food consumption should continue to climb. According to Goldstein research, eating habits are shifting from the standard three meals a day to more frequent snacking, with snacking accounting for half of all eating occasions in the U.S. The study also found that when purchasing food for immediate consumption, consumers are four times more likely to visit a C-store than when food shopping for nonimmediate consumption. •Global consumption of fresh food grew XX% in 2016 versus 2015. Further, the global “functional food” market—defined as foods that have a potentially positive effect on health beyond basic nutrition—is estimated to have generated revenues of approximately USD XX billion in 2013. With its annual average growth rate of XX%, that puts it on track to reach USD XX billion by 2015. C-stores recognize that meeting this new demand for fresh or more nutritional food is essential to growing revenue. Fig: 17: Important Factors Consumers Consider in Selecting a Conventional Store to Purchase a Meal Family-Friendly Environment Healthy Food Key Decision Factors Food/Menu Variety Food Quality Price Location Source: Goldstein Research 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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Convenience Store Industry Staistics, Sales Data,Market Share &amp; Trends 2016-2024

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Convenience Store Industry Staistics, Sales Data,Market Share & Trends 2016-2024