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Global <strong>Convenience</strong> <strong>Store</strong> <strong>Industry</strong> Outlook :<br />
<strong>2016</strong>-<strong>2024</strong><br />
Request S<strong>amp</strong>le<br />
Report<br />
Fig: 17: Global <strong>Convenience</strong> <strong>Store</strong> <strong>Industry</strong> <strong>Share</strong>, By Food Products,<br />
<strong>2016</strong>-<strong>2024</strong><br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
XX<br />
Fig: 17: Global <strong>Convenience</strong> <strong>Store</strong> <strong>Industry</strong> Y-O-Y Growth, By Food<br />
Product Type, , <strong>2016</strong>-<strong>2024</strong><br />
<strong>2016</strong>e 2017f 2018f 2019f 2020f 2021f 2022f 2023f <strong>2024</strong>f<br />
XX<br />
<strong>2016</strong>e 2017e 2018f 2019 2020 2021 2022 2023 <strong>2024</strong><br />
Source: Goldstein Research<br />
XX<br />
XX<br />
XX<br />
XX<br />
•Recent snacking statistics support<br />
the idea that C-store food<br />
consumption should continue to<br />
climb. According to Goldstein<br />
research, eating habits are shifting<br />
from the standard three meals a<br />
day to more frequent snacking,<br />
with snacking accounting for half of<br />
all eating occasions in the U.S. The<br />
study also found that when<br />
purchasing food for immediate<br />
consumption, consumers are four<br />
times more likely to visit a C-store<br />
than when food shopping for nonimmediate<br />
consumption.<br />
•Global consumption of fresh food<br />
grew XX% in <strong>2016</strong> versus 2015.<br />
Further, the global “functional<br />
food” market—defined as foods<br />
that have a potentially positive<br />
effect on health beyond basic<br />
nutrition—is estimated to have<br />
generated revenues of<br />
approximately USD XX billion in<br />
2013. With its annual average<br />
growth rate of XX%, that puts it on<br />
track to reach USD XX billion by<br />
2015. C-stores recognize that<br />
meeting this new demand for fresh<br />
or more nutritional food is essential<br />
to growing revenue.<br />
Fig: 17: Important Factors Consumers Consider in Selecting a Conventional <strong>Store</strong> to Purchase a Meal<br />
Family-Friendly Environment<br />
Healthy Food<br />
Key Decision Factors<br />
Food/Menu Variety<br />
Food Quality<br />
Price<br />
Location<br />
Source: Goldstein Research 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50%<br />
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