The U.S. Online Grocery Market (2020-2024): Major Players Include Walmart, Amazon, The Kroger Co & Costco Wholesale Corporation - ResearchAndMarkets.com
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. The market is expected to grow on the back of the 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. The analysis includes market size in terms of value, market share by segments, and segment analysis as well with their forecasted values. The US online grocery market is in its nascent stage and market share is dominated by only a few major players whose company profiling has been done in the report, which include their business overview, financial overview, and respective business strategies.