United States Online Grocery Market will be US$ 152.3 Billion by 2026

According to the latest report by Renub Research, titled “United States Online Grocery Market, by Segments (Staple Pantry, Ingredients, Beverages, Personal Care, Fresh Produce, Meat, Fish, deli, Foods for Occasions), Company Analysis & Forecast” The surging use of the internet among the different groups into society shows that shopping trends are inducing the most attractive consumer segments in the market and are mostly Generation Z & Millennia’s across the globe. Online Grocery shopping offers all necessary items: dairy products, bakery, cereals, vegetables, and fruits to consumers in one place. The Internet plays a vital role in e-commerce shopping, including grocery items. Online grocery shopping is growing rapidly all over the world. In the United States, people are shifting towards online grocery shopping as it is convenient and offers a wide range of products options.

As compared to traditional shopping, these online grocery market have more wide range of options with more reasonable prices. Customers can assess many websites and mobile applications; it has become simple for them to find anything online with lots of available choices. The customer gets there products immediately round the clock, which is not possible for a regular physical store. Most online suppliers in the United States provide same-day delivery options. According to the Renub Research report, the United States Online Grocery Market is expected to reach US$ 152.3 Billion by the end of the year 2026.

Besides, the COVID-19 outbreak has led to a massive increase in online grocery costumers to avoid physical contact by not going to store. And this change in the consumers’ buying behaviour will positively impact the market over the long term. All top grocery retailers shifted towards the digital platform from launching their own direct-to-consumer sales links to taking orders on the social media platform.

Online grocery covers a wide verity of products like dairy products and bakery, cereals, vegetables, and fruits. Changing the lifestyle in the United States is the most effective factor for grocery shopping. Staple Pantry Items are convenient for carrying and eat it is the most punched food online. Further Specialist ingredients and Beverage market are also increasing with time. In the United States, younger generations are getting more inclined towards the online personal care and beauty care market.

In this market, retailers offer many services like shopping vouchers click & collect options and a subscription option to ease customer experience. Amazon faces a tight competition in the U.S. grocery market Walmart Inc. dominant the United States market. In 2017, Amazon acquired Whole Foods back for US$ 13.4 Billion to learn about the grocery business so that it could shift offline grocery consumers to its online consumer. However, competition between various groceries applications and high delivery charges acts as threats to market growth.

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Market Summary

By Segments: This research report provides the market from seven segments Staple Pantry, Items, Beverages, Fresh Produce, Meat, Fish, deli, Specialist ingredients, Personal Care and Food for Special Occasions

By Key Player Analysis: The report covers all the companies from 3 points Business Overview, Financial Overview and Business Strategy

Companies Covered in the Report: The Kroger Co, Walmart Inc, Costco Wholesale Corporation, Albertsons Cos. Inc, Amazon Inc, H.E. Butt Grocery Co.

About the Company:

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 a 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 major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. 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.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

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United States Online Grocery Market, by Segments & Forecast to 2026 | Study with COVID-19 Impact

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. 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.

About Company:

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.

Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Email : info@renub.com
Web: https://www.renub.com
Fallow on Linkedin: https://www.linkedin.com/company/renub-research