The digital grocery market has been growing steadily for several years, but the pandemic caused sales to skyrocket in 2020. Looking ahead, digital grocery sales will continue to see double-digit growth in the years to come. Between 2021 and 2025, we expect sales to nearly double with more than $121 billion coming into the market.
However, there are certain economic conditions that could impact digital grocery. If inflation and supply-chain shortages continue to drive up the price of grocery products, consumers may be less inclined to pay for certain digital grocery services that add delivery charges and other fees.
Historically, Amazon was the leading grocer in the digital space, but Walmart is an in-store grocery powerhouse, so it didn't take long to overtake Amazon as more grocery dollars began moving online. In 2019, Walmart Inc. became the leading digital grocer despite generating only 7.5%...
| Report Preview * This chart and data were pulled from The US Digital Grocery Forecast 2021 by Insider Intelligence. Purchase the report below for $1,995 for immediate access. | | | The digital grocery market has been growing steadily for several years, but the pandemic caused sales to skyrocket in 2020. Looking ahead, digital grocery sales will continue to see double-digit growth in the years to come. Between 2021 and 2025, we expect sales to nearly double with more than $121 billion coming into the market.
However, there are certain economic conditions that could impact digital grocery. If inflation and supply-chain shortages continue to drive up the price of grocery products, consumers may be less inclined to pay for certain digital grocery services that add delivery charges and other fees.
Historically, Amazon was the leading grocer in the digital space, but Walmart is an in-store grocery powerhouse, so it didn't take long to overtake Amazon as more grocery dollars began moving online. In 2019, Walmart Inc. became the leading digital grocer despite generating only 7.5%... | | | Other Related Reports | Amazon has experimented with several grocery formats over the past decade, but its current offerings include Amazon.com, nonperishable grocery items can be purchased on the main Amazon website, Amazon Fresh, founded in 2007 as... ACCESS FULL REPORT | After a tumultuous 2020, retail sales will see a bump in 2021 as the economy reopens and consumers are ready to spend. Both brick-and-mortar and online sales will benefit from pent-up consumer demand... ACCESS FULL REPORT | | | To learn more about Insider Intelligence and our Retail coverage, click below and fill out the form, and a member of our team will be in touch with you. | | | | |
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