Amazon Grocery Market US, Online Grocery Shopping Trends US - Ken Research
Emerging startups coupled with rising number of millennials
and Generation Z elevating towards online shopping has amplified the size of
the US Online Grocery and Food delivery Industry in the US.
The report titled “US Online Grocery and Food Delivery Market Outlook to 2021 – Growing
Popularity of Online Mode of Shopping among Millennials in the US to Foster
Future Growth”
by Ken Research suggested a multi bagger CAGR of 18.1% in GMV in online grocery market and CAGR of 16.5% in
online food delivery market in the US in between 2016 and 2021.
Millennial shoppers have been a driving force in the online
grocery market and the percentage of millennial shoppers has been rising over
the years. Moreover, in the US, Millennials are observed to use digital tools
with regularity compared to other generations. Generation Z (less than 18
years) and millennials tend to use these tools with respect to the associated
enthusiasm for comfort with technology. Large numbers of people are opting for
online grocery shopping owing to increased convenience, variety of products,
rising awareness about online shopping and delivery in a stipulated time. Major
players such as Amazon, Google, Wal-Mart and others have been offering and
promoting the facility of same-day delivery service which has aided market
growth.
US online grocery and food delivery industry has witnessed a
tremendous growth in past five years. There have been various mergers and
acquisitions in recent years and few major players evolved in the market.
Additionally, changes in consumer’s demographic factors, eating habits along
with busy schedule, advancement in information technology and availability of
labor force have created demand and opportunity in online food delivery
industry in the country.
Increase in smart phone users, urban population, personal
disposable income of the population and mobile retail ecommerce sales further
assisted the market in generating high revenue. The online grocery and food
delivery market in the US is highly organized with the presence of number of
small and large players. The industry competition is primarily based on price
and the convenience of service. Large number of players in the industry has led
to firms facing competition from a large number of regional and local
owner-operated companies, located mostly in key cities US is poised to be one
of the fastest growing online grocery and food delivery markets worldwide, thus
catering to the needs of consumers in the country.
Key
Topics Covered in the Report
On Demand Grocery Apps in US
Home Delivery Takeaway in the US
Online Grocery Shopping Trends US
Online Grocery Orders US
Future Online Grocery
Forecast Online Grocery
Kroger Market Share Grocery US
US Online Grocery Sales
Food Delivery Apps in US
Amazon Grocery Market US
Diet Food Delivery in the US
Food Delivery Startups in US
Food Delivery Startups in US
Future Online Grocery Market
Online Food Ordering in the US
For more information on
the market research report please refer to the below link:
Related Report by Ken
Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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