Convenience Stores Industry - Market Size, Trends, and Growth - 2025-2030

Industry Overview

This industry comprises establishments known as convenience stores or food marts (except those with fuel pumps) primarily engaged in retailing a limited line of goods that generally includes milk, bread, soda, and snacks.
Source: U.S. Census Bureau

Market Size and Industry Forecast

This research report analyzes the market size and trends in the Convenience Stores industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.

HistoricalForecasted
20202021202220232024202520262027202820292030
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Convenience Stores companies in the United States.

Convenience Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesConvenience Stores
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Convenience Stores Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Convenience Stores Industry Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Convenience Stores Industry Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations2%

Chief Executives0%
General and Operations Managers1%
Food Preparation and Serving Related Occupations13%
Cooks and Food Preparation Workers7%
Food Preparation Workers6%
Food Preparation Workers6%
Sales and Related Occupations44%
Supervisors of Sales Workers6%
First-Line Supervisors of Sales Workers6%
First-Line Supervisors of Retail Sales Workers6%
Retail Sales Workers38%
Cashiers32%
Cashiers32%
Retail Salespersons5%
Retail Salespersons5%
Office and Administrative Support Occupations25%
Material Recording, Scheduling, Dispatching, and Distributing Workers18%
Stock Clerks and Order Fillers18%
Stock Clerks and Order Fillers18%
Production Occupations7%
Food Processing Workers6%
Transportation and Material Moving Occupations6%
Material Moving Workers5%
Laborers and Material Movers, Hand5%

Government Contracts

The federal government spent an annual total of $5,045 on the convenience stores industry. It has awarded 1 contracts to 1 companies, with an average value of $5,045 per company.

Top Companies in Convenience Stores and Adjacent Industries

CompanyAddressRevenue
($ Millions)





Order the Report on Convenience Stores
PublisherPell Research
GeographyUnited States
Publication DateMarch 2025
Report FormatPDF Download  PDF
Price

Convenience Stores Report Contents
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