(I-BusinessNews.Com, July 13, 2020 ) The United States online grocery market is expected to grow with double-digit CAGR for the year 2020. The primary reasons for this growth are nationwide lockdowns due to COVID-19. However, there are other reasons too that is driving this market, such as rising disposable income, customers growing preference for a hassle-free shopping experience and people’s increasing inclination towards comfort. According to the Renub Research report, United States Online Grocery Market is expected to reach US$ 152.3 Billion by the end of the year 2026.
Amazon’s is dominating the online grocery market in the United States by offering two services — Amazon Prime Now and AmazonFresh. The Prime customer benefits program has been a key sales driver in grocery. On the contrary, Walmart is winning customers for its online grocery segment by steadily capitalizing on its existing brick-and-mortar footprint and proximity to its customer base. In the last few years, the online grocery shopping rate has more than doubled.
How COVID-19 is helping the United States Online Grocery Industry
As the spread of coronavirus stockpiling of groceries and supplies was in full swing across the United States. Due to this, online grocery sales get an even bigger lift from the pandemic COVID-19. The coronavirus outbreak has encouraged purchasers to buy food and essentials online in higher numbers and more frequently. Get the complete analysis of COVID-19 impact on the United States Online Grocery Industry in our report.
Renub Research report titled “United States Online Grocery Market, by Segments (Staple Pantry Items, Specialist ingredients, Beverages, Personal Care, Fresh Produce, Meat, Fish, deli, Food for Special Occasions), Company (Walmart Inc, Amazon.com, The Kroger Co, Costco Wholesale Corporation, Albertsons Cos. Inc, H.E. Butt Grocery Co.) & Forecast” provides an all-encompassing analysis on the United States Online Grocery Industry.
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Segments – In this report, we have covered all the 7 Markets by Segment
1. Staple Pantry Items
2. Specialist ingredients
3. Beverages
4. Personal Care
5. Fresh Produce
6. Meat, Fish, deli
7. Food for Special Occasions
All the companies have been studied from three points
• Business Overview
• Financial Overview
• Business Strategy
Company Analysis
• Walmart Inc
• Amazon.Com, Inc
• The Kroger Co
• Costco Wholesale Corporation
• Albertsons Cos. Inc
• H.E. Butt Grocery Co.
Industry Related Opportunity:
Japan eCommerce Market: https://www.renub.com/japan-e-commerce-market-p.php
Saudi Arabia Ecommerce Market: https://www.renub.com/saudi-arabia-ecommerce-market-p.php
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Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology & Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.
Also Read: https://www.prlog.org/12828751-united-states-online-grocery-market-by-segments-forecast-to-2026.html
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