Pharmacies & Drug Stores Industry - Market Size, Trends, and Growth - 2025-2030

Industry Overview

This industry comprises establishments known as pharmacies and drug stores engaged in retailing prescription or nonprescription drugs and medicines.
Source: U.S. Census Bureau

Market Size and Industry Forecast

This research report analyzes the market size and trends in the Pharmacies and Drug 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)

Lock

% 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 Pharmacies & Drug Stores companies in the United States.

Pharmacies & Drug Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesPharmacies & Drug Stores
Small Business (< 5 Employees)

Lock

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

Pharmacies & Drug 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

Lock

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

Lock

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

Pharmacies & Drug Stores Industry Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Drugs, health aids, beauty aids, including cosmetics
Prescriptions
Nonprescription medicines
Groceries & other foods for human consumption off the premises
Other hygiene needs, including deodorants; hair & shaving products
All other foods
All other merchandise
Cosmetics, including face cream, make-up, perfumes & colognes
Health aids, including first-aid prod; foot prod; ortho equip;

Pharmacies & Drug Stores Industry Compensation and Salary Surveys

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

Chief Executives0%
General and Operations Managers2%
Healthcare Practitioners and Technical Occupations49%
Health Diagnosing and Treating Practitioners19%
Pharmacists19%
Pharmacists19%
Health Technologists and Technicians30%
Health Practitioner Support Technologists and Technicians30%
Pharmacy Technicians30%
Sales and Related Occupations34%
Retail Sales Workers30%
Cashiers25%
Cashiers25%
Office and Administrative Support Occupations6%

Government Contracts

The federal government spent an annual total of $8,591,030 on the pharmacies & drug stores industry. It has awarded 457 contracts to 55 companies, with an average value of $156,201 per company.

Top Companies in Pharmacies & Drug Stores and Adjacent Industries

CompanyAddressRevenue
($ Millions)





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

Pharmacies & Drug Stores Report Contents
Report Objectives

For Private Equity Firms & Investors

For Business Executives

For Startups

For Venture Capital

Related Market Research Reports

Pharmacies & Drug Stores
Cosmetics, Beauty Supplies & Perfume Stores
Eye Glasses & Contact Lens Stores
Food (Health) Supplement Stores