Retail and wholesale trade together accounted for more than one-quarter of the U.S. food dollar in 2023

For a typical dollar spent in 2023 by U.S. consumers on domestically produced food, a combined 26.1 cents went to wholesale (11.4 cents) and retail (14.7 cents) trade establishments such as grocery stores, wholesale clubs, restaurant supply stores, and other food distribution outlets. After reaching a series high at a combined 28.2 cents in 2020, both the wholesale and retail trade shares have remained above their series averages of 10.6 cents and 13.9 cents, respectively. In 2023, food services was 31.5 cents, and food processing continued its trend downward to 13.2 cents, its lowest share since 1993, the first year recorded in the series.

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