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The US Online Grocery Market: Size, Trends & Forecasts (2020-2024 Edition)

  • ID: 4987859
  • Report
  • February 2020
  • Region: United States
  • 70 Pages
  • Daedal Research
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FEATURED COMPANIES

  • Amazon.Com, Inc.
  • The Kroger Co.
  • Walmart Inc.
  • MORE

Scope of the Report:

The report titled “The US Online Grocery Market: Size, Trends & Forecasts (2020-2024 Edition)” delivers an analysis of the US online grocery market with a comprehensive analysis of market sizing and growth. The analysis includes market size in terms of value, market share by segments, and segment analysis as well with their forecasted values. A brief overview of the global retail grocery market is also provided in the report.

Furthermore, the report also assesses the key opportunities available in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the US online grocery market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The US online grocery market is in its nascent stage and market share is dominated by only a few major players such as Walmart Inc., Amazon.Com, Inc., The Kroger Co., and Costco Wholesale Corporation whose company profiling has been done in the report, which include their business overview, financial overview, and respective business strategies.

Company Coverage:

  • Walmart Inc.
  • Amazon.Com, Inc.
  • The Kroger Co.
  • Costco Wholesale Corporation

Executive Summary:

Grocery generally refers to food and beverage items as well as consumables. In the tech-savvy world, there is hardly any field or area is left where technological advancements have not taken place. And grocery shopping is also not far behind in this race. In older days, people generally do grocery shopping from their nearby convenience or supermarket stores. But, with the increasing penetration of the internet and smartphones, online grocery shopping has gained popularity over the past few years.

Grocery stores can be broadly categorized into three formats: small format, large format, and electronic/online. Online grocery shopping is a recent trend that has developed as a form of e-commerce. Such types of stores can be either in the form of brick-and-mortar supermarket or general grocery stores that allow the customers to shop online from the comfort of their own homes or workplaces. These online stores made grocery shopping easier and convenient for the customers with the help of the internet.

Currently, in grocery shopping, online channels accounted for a small proportion of the total grocery market in the US, but anticipations are made that the market would gain momentum over the next five years i.e. 2020 to 2024. The market is expected to grow on the back of the rising millennial population, growing e-commerce market, expansion of business models by major players, integration of voice technology, rising demand for grocery apps, etc. However, the growth of the market is restrained by factors such as escalating storage and delivery cost, lack of personal verifiability of groceries, price fluctuation of grocery items, etc.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amazon.Com, Inc.
  • The Kroger Co.
  • Walmart Inc.
  • MORE

1. Executive Summary

2. Introduction
2.1 Overview of Grocery
2.1.1 Types of Grocery
2.2 Overview of Grocery Store
2.2.1 Types of Grocery Stores
2.3 Overview of Online Grocery
2.3.1 Advantages & Disadvantages of Online Grocery Shopping
2.4 The US Online Grocery Market: An Overview

3. Global Market Analysis
3.1 Global Food & Grocery Retail Market Analysis
3.1.1 Global Grocery Retail Market by Value
3.1.2 Global Grocery Retail Market by Region (The US and Rest of the World)

4. The US Market Analysis
4.1 The US Grocery Market Analysis
4.1.1 The US Grocery Retail Market by Value
4.1.2 The US Grocery Retail Market by Channels (Offline and Online)
4.2 The US Online Grocery Market Analysis
4.2.1 The US Online Grocery Market by Value
4.2.2 The US Online Grocery Market by Top 10 Categories Bought Online
4.2.3 The US Online Grocery Market by Fresh Categories Bought Online
4.2.4 The US Online Grocery Market by Segments (Consumables and Food & Beverages)
4.3 The US Online Grocery Market: Segment Analysis
4.3.1 The US Online Consumables Market by Value
4.3.2 The US Online Consumables Market by Penetration Rate
4.3.3 The US Online Food & Beverages Market by Value
4.3.4 The US Online Food & Beverages Market by Penetration Rate

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Millennial Population
5.1.2 Growing E-Commerce Market
5.1.3 Increasing Smartphone Users
5.1.4 Growing Internet Users
5.1.5 Expansion of Business Models
5.2 Challenges
5.2.1 Escalating Storage and Delivery Cost
5.2.2 Lack of Personal Verifiability of Groceries
5.2.3 High Delivery Prices and Inefficiency
5.2.4 Low-Profit Margins
5.2.5 Price Fluctuations
5.2.6 Difficulty in Penetration in Small Towns
5.3 Market Trends
5.3.1 Rising Demand for Grocery Apps
5.3.2 Integration of Voice Technology
5.3.3 Increasing Role of Social Media
5.3.4 Optimizing Digital Presence

6. Competitive Landscape
6.1 The US Online Grocery Market by E-commerce Sales
6.2 The US Online Grocery Market by Players

7. Company Profiles
7.1 Walmart Inc.
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Amazon.Com, Inc.
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 The Kroger Co.
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 Costco Wholesale Corporation
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy

List of Figures:
Figure 1: Types of Grocery
Figure 2: Types of Grocery Stores
Figure 3: Global Grocery Retail Market by Value; 2015-2019 (US$ Trillion)
Figure 4: Global Grocery Retail Market by Value; 2020-2024 (US$ Trillion)
Figure 5: Global Grocery Retail Market by Region; 2019 (Percentage, %)
Figure 6: The US Grocery Retail Market by Value; 2018-2019 (US$ Trillion)
Figure 7: The US Grocery Retail Market by Value; 2020-2024 (US$ Trillion)
Figure 8: The US Grocery Retail Market by Channels; 2019 (Percentage, %)
Figure 9: The US Online Grocery Market by Value; 2018-2019 (US$ Billion)
Figure 10: The US Online Grocery Market by Value; 2020-2024 (US$ Billion)
Figure 11: The US Online Grocery Market by Top 10 Categories Bought Online; 2019 (Percentage, %)
Figure 12: The US Online Grocery Market by Fresh Categories Bought Online; 2019 (Percentage, %)
Figure 13: The US Online Grocery Market by Segments; 2019
Figure 14: The US Online Consumables Market by Value; 2018-2019(US$ Billion)
Figure 15: The US Online Consumables Market by Value; 2020-2024(US$ Billion)
Figure 16: The US Online Consumables Market by Penetration Rate; 2018-2019 (Percentage, %)
Figure 17: The US Online Consumables Market by Penetration Rate; 2020-2023 (Percentage, %)
Figure 18: The US Online Food & Beverages Market by Value; 2018-2019 (US$ Billion)
Figure 19: The US Online Food & Beverages Market by Value; 2020-2024 (US$ Billion)
Figure 20: The US Online Food & Beverages Market by Penetration Rate; 2018-2019 (%)
Figure 21: The US Online Food & Beverages Market by Penetration Rate; 2020-2023 (%)
Figure 22: The US Millennial Population; 2016-2036 (Million)
Figure 23: The US E-Commerce Market; 2013-2018 (US$ Billion)
Figure 24: The US Smartphone Users; 2015-2022 (Million)
Figure 25: The US Internet Users; 2015-2022 (Million)
Figure 26: The US Top 10 Retailers by Ecommerce Grocery Sales; 2018 (US$ Billion)
Figure 27: The US Online Grocery Market by Players; 2017
Figure 28: Walmart Inc. Revenue & Net Sales; 2015-2019 (US$ Billion)
Figure 29: Walmart Inc. Net Sales by Segments; 2019
Figure 30: Walmart US Merchandise Revenue by Segments; 2019
Figure 31: Amazon.com Net Sales; 2014-2018; (US$ Billion)
Figure 32: Amazon.com Net Sales by Segments; 2018
Figure 33: Amazon.com Net Sales by Region; 2018
Figure 34: The Kroger Co. Net Sales; 2015-2019 (US$ Billion)
Figure 35: Costco Wholesale Corporation Revenue & Net Sales; 2015-2019 (US$ Billion)
Figure 36: Costco Wholesale Corporation Revenue by Segments; 2019
Figure 37: Costco Wholesale Corporation Net Sales by Merchandise Category; 2019
Table 1: Advantages & Disadvantages of Online Grocery Shopping
Table 2: Costco Wholesale Corporation (Top 20 US Locations)

Note: Product cover images may vary from those shown
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  •  Amazon.Com, Inc.
  •  Costco Wholesale Corporation
  •  The Kroger Co.
  •  Walmart Inc.
Note: Product cover images may vary from those shown
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The author's core strengths include a seasoned management team, a highly demonstrable track record of seamless process integration and consistent delivery position. The research team uses its extensive knowledge of the various industries to analyze the market trends from both a vendor and an end-user perspective.

The research strategy is focused on high-quality secondary data combined with elaborate use of primary data. The team of research analysts provides a 360-degree overview of available data.

The analysts begin by searching industry reports, surveys, trade publications, company reports and press releases. They also include information gained by extensive interviews with major players and industry participants.

The background information, related to industry statistics, is provided by the author's proprietary databases.

The information is then analyzed and synthesized into a report - with market forecast, industry trends, and competitive strategies. The team of research analysts use both qualitative tools and quantitative techniques to get an insight into the industry.

The author's core expertise lies in researching, compiling and analyzing vast amounts of publicly available information and premier databases, into widely read reports.

 

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