USA Online Grocery Market Overview
According to SPER Market Research, the USA Online Grocery Market is estimated to reach USD XX billion by 2033 with a CAGR XX%.
The online grocery market is the purchasing and selling of groceries and home necessities using e-commerce platforms, where users may order groceries online and have them delivered to their door. Customers in the online grocery market can browse and purchase products on the websites or mobile applications of online retailers or supermarket chains, as well as choose a delivery or pickup option. Customers can order fresh and packaged commodities such as meat, fish, cereals, fresh fruits and vegetables, dairy, cereals, snacks, drinks, and other cooking requirements through online grocery platforms. Customers can use flexible payment methods, select delivery times, track the delivery process, and access a vast assortment of products on these sites.
Exploring the Growth Drivers of the USA Online Grocery Industry
The USA Online Grocery market's expansion could be attributed to the shifting consumer behaviour, an increase in contactless shopping preferences and social distancing norms, and a paradigm shift toward online grocery and fresh food purchases are expected to drive market growth over the forecast period. Online grocery shopping provides a high level of convenience, allowing customers to shop from home or work and have their food delivered to their door or picked up from designated locations. Compared to traditional brick-and-mortar grocery shopping, this saves time and effort. Furthermore, as consumers become more comfortable with online shopping across all product categories, they are rapidly adopting online grocery shopping as well. This is especially true for younger consumers who are digital natives and prefer to shop online. Overall, the key drivers of growth in the USA online grocery market are convenience, changing consumer preferences, the impact of the COVID-19 epidemic, increased availability, technical advancements, and cost reductions.
What challenges does the USA Online Grocery Market face?
While the online grocery business in the United States has grown significantly in recent years, it still confronts a number of problems. Due to the significant expenses connected with product transportation, packaging, and storage, online food retailers encounter difficulties in establishing profitability. Furthermore, many online grocery shoppers are price-sensitive and drawn to discounts and promotions, making it difficult for retailers to maintain profit margins. Online food sellers confront considerable logistical issues in successfully delivering products to clients, particularly in large urban locations with heavy traffic. It is also difficult to keep proper inventory and to fulfill requests swiftly and accurately.
In what ways has the COVID-19 pandemic affected USA Online Grocery Market?
The COVID-19 epidemic had a huge impact on the online food business in the United States, as more consumers chose online purchasing to avoid physical stores and preserve social distance. The pandemic has expedited the expansion of the online grocery sector, as more consumers have resorted to the internet to purchase necessities. Also, the pandemic has accelerated the popularity of online grocery shopping, particularly among older and less tech-savvy consumers who were previously hesitant to shop online. This has increased the number of prospective customers for online food sellers.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Type, By Platform
|
Regions covered | Midwest Region, Northeast Region, South Region, West Region
|
Companies Covered | Amazon.com Inc., Fresh Direct LLC, Maplebear Inc., Safeway Inc., Shopfoodex Co Inc., Target Brands Inc., The Kroger Co., Thrive Market Inc., Walmart Inc.
|
Key Target Audience
- Academic and Research Institutions
- Government Agencies
- Industry Analysts and Consultants
- Investors
- Manufacturers and Suppliers
- Retailers
USA Online Grocery Market Segmentation:
1. By Type:
- USA Online Grocery Market Value Share and Forecast, By Type, 2023-2033
- Fruits & Vegetables
- Household Products
- Packed Food & Beverages
- Personal Care
- Others
2. By Platform:
- USA Online Grocery Market Value Share and Forecast, By Platform, 2023-2033
- Desktop Website
- Mobile Application
3. By Region:
- Midwest Region
- Northeast Region
- South Region
- West Region
Key Topics Covered in the Report:
- USA Online Grocery Market Size (FY’2023-FY’2033)
- Overview of USA Online Grocery Market
- Segmentation of USA Online Grocery Market By Type (Fruits & Vegetables, Household Products, Packed Food & Beverages, Personal Care, Others)
- Segmentation of USA Online Grocery Market By Platform (Desktop Website, Mobile Application)
- Growth Analysis of USA Online Grocery Market
- Problems and Challenges in USA Online Grocery Market
- Competitive Landscape in the USA Online Grocery Market
- Impact of COVID-19 and Demonetization on USA Online Grocery Market
- Details on Recent Investment in USA Online Grocery Market
- Competitive Analysis of USA Online Grocery Market
- Key Players in the USA Online Grocery Market
- SWOT Analysis of USA Online Grocery Market
- USA Online Grocery Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the USA Online Grocery Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. USA Online Grocery Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in USA Online Grocery Market
7. USA Online Grocery Market, By Type (USD Million)
7.1. USA Online Grocery Market Value Share and Forecast, By Type, 2023-2033
7.2. Fruits & Vegetables
7.3. Household Products
7.4. Packed Food & Beverages
7.5. Personal Care
7.6. Others
8. USA Online Grocery Market, By Platform (USD Million)
8.1. USA Online Grocery Market Value Share and Forecast, By Platform, 2023-2033
8.2. Desktop Website
8.3. Mobile Application
9. USA Online Grocery Market Forecast, 2019-2033 (USD Million)
9.1. USA Online Grocery Market Size and Market Share
10. USA Online Grocery Market, By Type, 2019-2033 (USD Million)
10.1. USA Online Grocery Market Size and Market Share by Type (2019-2026)
10.2. USA Online Grocery Market Size and Market Share by Type (2027-2033)
11. USA Online Grocery Market, By Platform, 2019-2033 (USD Million)
11.1. USA Online Grocery Market Size and Market Share by Platform (2019-2026)
11.2. USA Online Grocery Market Size and Market Share by Platform (2027-2033)
12. USA Online Grocery Market, By Region, 2019-2033 (USD Million)
12.1. USA Online Grocery Market Size and Market Share by Region (2019-2026)
12.2. USA Online Grocery Market Size and Market Share by Region (2027-2033)
12.3. Midwest Region
12.4. Northeast Region
12.5. South Region
12.6. West Region
13. Company Profile
13.1. Amazon.com Inc.
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Fresh Direct LLC
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Maplebear Inc.
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Safeway Inc.
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Shopfoodex Co Inc.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Target Brands Inc.
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. The Kroger Co.
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Thrive Market Inc.
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Walmart Inc.
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.