Food Spending Trends Shift

October 31, 2018 04:45 AM
 
Historically, food-at-home spending accounted for most of the food and beverage costs. But in 2010, the scale tipped and the food-away-from-home share has stayed above 50% since.

In 2017, U.S. consumers and businesses spent more than $1.6 trillion on food and beverages. The majority, 54%, was spent away from home at restaurants, school cafeterias, sports venues and other eating places. The remaining 46% went to grocery stores, supercenters, convenience stores and other retailers.

Historically, food-at-home spending accounted for most of the food and beverage costs. But in 2010, the scale tipped and the food-away-from-home share has stayed above 50% since.

U.S. Food Expenses
Source: USDA

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