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 BureauMarket 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.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
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
Distribution by Company Size
| Company Size | All Industries | Convenience Stores |
|---|
| Small Business (< 5 Employees) | Included |
| 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:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| 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
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 Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Convenience Stores industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total | Included |
Salary information for employees working in the Convenience Stores industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 2% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 1% |
| Food Preparation and Serving Related Occupations | 13% |
| Cooks and Food Preparation Workers | 7% |
| Food Preparation Workers | 6% |
| Food Preparation Workers | 6% |
| Sales and Related Occupations | 44% |
| Supervisors of Sales Workers | 6% |
| First-Line Supervisors of Sales Workers | 6% |
| First-Line Supervisors of Retail Sales Workers | 6% |
| Retail Sales Workers | 38% |
| Cashiers | 32% |
| Cashiers | 32% |
| Retail Salespersons | 5% |
| Retail Salespersons | 5% |
| Office and Administrative Support Occupations | 25% |
| Material Recording, Scheduling, Dispatching, and Distributing Workers | 18% |
| Stock Clerks and Order Fillers | 18% |
| Stock Clerks and Order Fillers | 18% |
| Production Occupations | 7% |
| Food Processing Workers | 6% |
| Transportation and Material Moving Occupations | 6% |
| Material Moving Workers | 5% |
| Laborers and Material Movers, Hand | 5% |
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 $5,045 per company.
Top Companies in Convenience Stores and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
