Exactly how big is the U.S. food industry?
The U.S. food industry is estimated to be worth about $1.157 trillion. According to the USDA, this accounted for roughly 5.4% to the U.S. gross domestic product (GDP) in 2021. The figure includes the output of America’s farms, which contributed about 0.7% of U.S. GDP. Sectors related to agriculture rely on agricultural [...]