The North America grocery market was valued at USD 1.68 Trillion in 2024. The industry is expected to grow at a CAGR of 4.60% during the forecast period of 2025-2034 to attain a valuation of USD 2.63 Trillion by 2034. 
Online distribution channels are expected to personalise consumers' grocery shopping experiences. Tech companies are expected to bolster their collaboration with online grocery retailers to drive the sales of health and wellness products. Moreover, the establishment of retail media networks is enabling third-party vendors to sell their products online, thereby propelling the market growth.
Generative AI applications such as ChatGPT are facilitating consumers' purchase decisions by answering their questions related to recipe ingredients, low-calorie snacks, and lactose-free dairy products, among others.
The shift towards sustainability is prompting North American grocery stores to prioritise their ESG goals, as their electricity consumption could soar by an average of 40% by 2030. Organisations like Walmart have already taken major initiatives to prevent/minimise the release of 1 billion metric tons of GHG gases by 2030, which is leading to a reduction in global emissions. Furthermore, investments in plastic recycling solutions are expected to optimise companies' waste management strategies and contribute to the market growth.
North America Grocery Market Growth
Amidst rising economic pressures, retailers and manufacturers are focusing on developing private-label brands. This is because they provide relatively higher profit margins as compared to branded products.Online distribution channels are expected to personalise consumers' grocery shopping experiences. Tech companies are expected to bolster their collaboration with online grocery retailers to drive the sales of health and wellness products. Moreover, the establishment of retail media networks is enabling third-party vendors to sell their products online, thereby propelling the market growth.
Generative AI applications such as ChatGPT are facilitating consumers' purchase decisions by answering their questions related to recipe ingredients, low-calorie snacks, and lactose-free dairy products, among others.
The shift towards sustainability is prompting North American grocery stores to prioritise their ESG goals, as their electricity consumption could soar by an average of 40% by 2030. Organisations like Walmart have already taken major initiatives to prevent/minimise the release of 1 billion metric tons of GHG gases by 2030, which is leading to a reduction in global emissions. Furthermore, investments in plastic recycling solutions are expected to optimise companies' waste management strategies and contribute to the market growth.
North America Grocery Industry Segmentation
North America Grocery Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Product Type
- Packaged Food
- Unpackaged Food
- Drinks
- Tobacco
- Household Products
- Others
Market Breakup by Distribution Channel
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Channels
- Others
Market Breakup by Country
- United States
- Canada
North America Grocery Market Share
Based on product type, the market is divided into packaged food, unpackaged food, drinks, tobacco, and household products, among others. The demand for packaged food and drinks is expected to register significant growth in the forecast period, as food and beverage companies introduce innovative options for healthy snacking and use ingredients which improve cognitive functions.Leading Companies in the North America Grocery Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.- Nestlé S.A.
- The Procter & Gamble Company
- Unilever plc
- The Coca-Cola Company
- Pepsico, Inc.
- Mondelez International Inc.
- Danone SA
- General Mills Inc.
- Kraft Heinz Co.
- Kellanova
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Grocery Market Overview
6 North America Grocery Market Overview
7 North America Grocery Market by Product Type
8 North America Grocery Market by Distribution Channel
9 North America Grocery Market by Country
10 Market Dynamics
11 Competitive Landscape
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 112 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 1.68 Trillion |
| Forecasted Market Value ( USD | $ 2.63 Trillion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | North America |
| No. of Companies Mentioned | 10 |
