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Many industry groups contribute value to the U.S. food system

  • Food Prices, Expenditures, and Establishments
A U.S. dollar bill is divided into segments to represent the shares of the 2024 Food Dollar industry group bill for all food.

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For a typical dollar spent in 2024 by U.S. consumers on domestically produced food, a combined 20.1 cents went to wholesale (6.3 cents) and retail (13.8 cents) trade establishments such as grocery stores, wholesale clubs, restaurant supply stores, and other food distribution outlets. In 2024, the food services share was 38.6 cents, and the food processing share was 16.1 cents. Comprehensive updates to the Food Dollar methodology and data inputs led to replacing the former farm production industry group with three new industry groups: crops; livestock; and forestry, fishing, and agricultural services. These new industry groups attribute food supply chain value to their specific source in farm production. In 2024, their shares were 2.5 cents, 3.3 cents, and 0.9 cents, respectively. The forestry, fishing, and agricultural services share is included in “Other” in the chart.

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