Feeling full: Consumers switching to non-branded alternatives is denting revenue in 2022-23
Over the five years through 2022-23, Online Grocery Retailers' revenue is expected to swell at a compound annual rate of 12%. The popularity of online shopping, longer working hours and a shift in consumer lifestyles have incited growth. Online food ordering activity exploded at the start of the pandemic and delivery has remained a permanent fixture in the food sphere with large existing supermarkets like Tesco ramping up online offerings. As consumer expectations change, on-demand grocery delivery has become particularly popular.
Companies in the industry sell grocery items online. Industry participants are either online-only retailers or bricks-and-mortar stores with an online presence. Online sales of beer, spirits and wine are excluded from the industry.This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Tesco plc
- Sainsbury's Supermarkets Ltd
- Ocado Retail Ltd
- Asda Stores Limited
- Wm Morrison Supermarkets Ltd
Methodology
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