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

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

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 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 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 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 beverages 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 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 type 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 work places. These online stores made grocery shopping easier and convenient for the customers with the help of 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 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.


1. Executive Summary
2. Introduction
2.1 Overview of Grocery
2.1.1 Types of Grocery
Table 1: Types of Grocery
2.2 Overview of Grocery Store
2.2.1 Types of Grocery Stores
Table 2: Types of Grocery Stores
2.3 Overview of Online Grocery
2.3.1 Advantages & Disadvantages of Online Grocery Shopping
Table 3: 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
Table 4: Global Grocery Retail Market by Value; 2015-2019 (US$ Trillion)
Table 5: Global Grocery Retail Market by Value; 2020-2024 (US$ Trillion)
3.1.2 Global Grocery Retail Market by Region (The US and Rest of the World)
Table 6: Global Grocery Retail Market by Region; 2019 (Percentage, %)
4. The US Market Analysis
4.1 The US Grocery Market Analysis
4.1.1 The US Grocery Retail Market by Value
Table 7: The US Grocery Retail Market by Value; 2018-2019 (US$ Trillion)
Table 8: The US Grocery Retail Market by Value; 2020-2024 (US$ Trillion)
4.1.2 The US Grocery Retail Market by Channels (Offline and Online)
Table 9: The US Grocery Retail Market by Channels; 2019 (Percentage, %)
4.2 The US Online Grocery Market Analysis
4.2.1 The US Online Grocery Market by Value
Table 10: The US Online Grocery Market by Value; 2018-2019 (US$ Billion)
Table 11: The US Online Grocery Market by Value; 2020-2024 (US$ Billion)
4.2.2 The US Online Grocery Market by Top 10 Categories Bought Online
Table 12: The US Online Grocery Market by Top 10 Categories Bought Online; 2019 (Percentage, %)
4.2.3 The US Online Grocery Market by Fresh Categories Bought Online
Table 13: The US Online Grocery Market by Fresh Categories Bought Online; 2019 (Percentage, %)
4.2.4 The US Online Grocery Market by Segments (Consumables and Food & Beverages)
Table 14: The US Online Grocery Market by Segments; 2019
4.3 The US Online Grocery Market: Segment Analysis
4.3.1 The US Online Consumables Market by Value
Table 15: The US Online Consumables Market by Value; 2018-2019(US$ Billion)
Table 16: The US Online Consumables Market by Value; 2020-2024(US$ Billion)
4.3.2 The US Online Consumables Market by Penetration Rate
Table 17: The US Online Consumables Market by Penetration Rate; 2018-2019 (Percentage, %)
Table 18: The US Online Consumables Market by Penetration Rate; 2020-2023 (Percentage, %)
4.3.3 The US Online Food & Beverages Market by Value
Table 19: The US Online Food & Beverages Market by Value; 2018-2019 (US$ Billion)
Table 20: The US Online Food & Beverages Market by Value; 2020-2024 (US$ Billion)
4.3.4 The US Online Food & Beverages Market by Penetration Rate
Table 21: The US Online Food & Beverages Market by Penetration Rate; 2018-2019 (%)
Table 22: The US Online Food & Beverages Market by Penetration Rate; 2020-2023 (%)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Millennial Population
Table 23: The US Millennial Population; 2016-2036 (Million)
5.1.2 Growing E-Commerce Market
Table 24: The US E-Commerce Market; 2013-2018 (US$ Billion)
5.1.3 Increasing Smartphone Users
Table 25: The US Smartphone Users; 2015-2022 (Million)
5.1.4 Growing Internet Users
Table 26: The US Internet Users; 2015-2022 (Million)
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
Table 27: The US Top 10 Retailers by Ecommerce Grocery Sales; 2018 (US$ Billion)
6.2 The US Online Grocery Market by Players
Table 28: The US Online Grocery Market by Players; 2017
7. Company Profiles
7.1 Walmart Inc.
7.1.1 Business Overview
7.1.2 Financial Overview
Table 29: Walmart Inc. Revenue & Net Sales; 2015-2019 (US$ Billion)
Table 30: Walmart Inc. Net Sales by Segments; 2019
Table 31: Walmart US Merchandise Revenue by Segments; 2019
7.1.3 Business Strategy
7.2 Amazon.Com, Inc.
7.2.1 Business Overview
7.2.2 Financial Overview
Table 32: Amazon.com Net Sales; 2014-2018; (US$ Billion)
Table 33: Amazon.com Net Sales by Segments; 2018
Table 34: Amazon.com Net Sales by Region; 2018
7.2.3 Business Strategy
7.3 The Kroger Co.
7.3.1 Business Overview
7.3.2 Financial Overview
Table 35: The Kroger Co. Net Sales; 2015-2019 (US$ Billion)
7.3.3 Business Strategy
7.4 Costco Wholesale Corporation
7.4.1 Business Overview
Table 36: Costco Wholesale Corporation (Top 20 US Locations)
7.4.2 Financial Overview
Table 37: Costco Wholesale Corporation Revenue & Net Sales; 2015-2019 (US$ Billion)
Table 38: Costco Wholesale Corporation Revenue by Segments; 2019
Table 39: Costco Wholesale Corporation Net Sales by Merchandise Category; 2019
7.4.3 Business Strategy

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