Convenience Stores Market Report 2026

The convenience stores market size has grown strongly in recent years. It will grow from $957.16 billion in 2025 to $1.03 trillion in 2026 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to rising urbanization, growth of convenience-focused lifestyles, increasing demand for quick-service retail, proliferation of small-format stores, expansion of packaged food consumption.

The convenience stores market size is expected to see strong growth in the next few years. It will grow to $1.48 trillion in 2030 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to adoption of smart checkout technologies, growth of omnichannel retailing, integration of renewable energy in stores, increase in electric vehicle charging points, expansion of ready-to-eat and healthy product segments. Major trends in the forecast period include extended store operating hours, expansion of foodservice offerings, integration of loyalty programs and mobile payments, strategic location optimization, health and wellness product offerings.

The ongoing trend of urbanization is expected to be a driving force behind the escalating growth of the convenience store market. Urbanization refers to the transformation of rural regions into urban areas due to economic development and industrial growth. Convenience stores play a crucial role in densely populated urban locales by offering swift and accessible solutions for everyday necessities. As per a report from the World Bank Group in April 2023, over half of the world's population currently resides in urban settings. Projections suggest a surge in urban populations to 6 billion by 2045, signifying a 1.5 times increase. This escalating urbanization trend directly contributes to the burgeoning demand for convenience stores due to their suitability and relevance in meeting the needs of urban dwellers.

Major companies in the convenience store market are introducing advanced products, such as autonomous micro-retail stores, to enhance consumer accessibility and improve the shopping experience. Autonomous micro-retail stores are compact, often automated retail environments that offer a curated selection of essential items, providing convenience to customers in urban areas or locations with high foot traffic. For example, in August 2023, Juxta, a US-based technology company specializing in autonomous retail solutions, launched Nomad, its first autonomous micro-retail store. This innovative concept focuses on delivering a mobile, autonomous shopping experience that enhances convenience retailing. It employs advanced technologies, including artificial intelligence (AI) and computer vision, to monitor customer selections and facilitate an automated checkout process.

In July 2025, Alimentation Couche-Tard, a Canada-based convenience retail company, acquired GetGo Café + Market for around $1.6 billion. Through this acquisition, Alimentation Couche-Tard sought to broaden its convenience store presence across the United States and enhance its fuel and fresh food retail offerings by integrating a well-established regional brand into its portfolio. GetGo Café + Market is a US-based convenience retail company that operates fuel stations and convenience stores providing made-to-order food, beverages, everyday essentials, and other on-the-go retail services.

Major companies operating in the convenience stores market are Alimentation Couche Tard Inc, Caseys General Stores Inc, Murphy USA Inc, Parkland Corporation, 7 Eleven Inc, FamilyMart Co Ltd, Lawson Inc, OXXO, BGF Retail Co Ltd, Wawa Inc, QuikTrip Corporation, RaceTrac Inc, Royal Farms Inc, Sheetz Inc, Rutters Holdings Inc, Loves Travel Stops and Country Stores, Pilot Company, QuickChek Corporation, Yesway Holdings Inc, Turkey Hill Minit Markets, Tom Thumb Food Stores, United Dairy Farmers Inc, Best One, Ministop Co Ltd, Indomaret, Alfamart, GS25, Circle K.

North America was the largest region in the convenience stores market in 2025. The regions covered in the convenience stores market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the convenience stores market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

The convenience store market includes revenues earned by entities by providings services related to packaged foods, groceries, newspapers, tobacco products, and confectionery purchases. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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