In today’s fast-paced digital age, consumers are constantly seeking ways to streamline their daily tasks and increase convenience. One area that has seen a remarkable transition is the groceries shopping paradigm; now complemented quite substantially by online grocery delivery services. This seismic shift in consumer behavior has compelled us to delve into and analyze the ever-growing realm of the grocery delivery market, presenting insight on its dramatic ascent. In this blog post, we aim to illuminate you with current and comprehensive grocery delivery market size statistics, thoroughly examining the trends, consumer preferences and market leaders driving this retail revolution. Strap in as we traverse the exciting journey of grocery shopping moving from the traditional aisles to your smartphone screens and front-door deliveries.
The Latest Grocery Delivery Market Size Statistics Unveiled
The online grocery delivery market value was $189.81 billion USD in 2019, according to Verified Market Research.
In a quest to shed light on the extensive breadth of the grocery delivery industry, one cannot overlook the hefty figure of $189.81 billion USD – the market cap of the online grocery delivery services in 2019, according to Verified Market Research. The enormity of this number signifies not only the strength and considerable demand for home-based grocery solutions, but it also yields a testament to their stunning growth potential. Characterizing the lucrative opportunities in this sector, this statistic anchors the narrative around the burgeoning prevalence and acceptance of digital grocery purchases worldwide.
It’s projected that the grocery delivery market is to reach $743.8 billion USD by 2027, exhibiting a CAGR of 25.6% (2020-2027), according to Fortune Business Insights.
Highlighting this major forecast allows us to leap into the future of the grocery delivery market, painting a picture of massive growth and potential. Anchoring this blog post with the prediction of a whopping $743.8 billion USD ballpark by 2027, followed by an impressive CAGR of 25.6% between 2020 and 2027 brings an otherworldly view into a rapidly expanding environment.
The mentioned forecast not only underscores the increasing acceptance of grocery delivery services but also underlines the vigorous financial growth within this industry sector, according to Fortune Business Insights. Such a credible forecast acts as a compass for readers, pointing out the direction the grocery delivery market is expected to take.
In a nutshell, it encourages readers to tighten their seatbelts and prepare for a journey into a future filled with digitalized grocery shopping, a future where the industry is not just surviving, but thriving. The statistic creates a sense of optimism and excitement about the investments, innovations, and opportunities in this industry, making it a relevant and influential part of any blog post discussing grocery delivery market size statistics.
According to Nielsen, around 70% of consumers will be grocery shopping online by 2024, at least part-time.
Analyzing the stated prediction from Nielsen, grasping the implications of 70% of consumers moving to online grocery shopping by 2024 unveils a powerful trajectory for the grocery delivery market. This prolific shift in consumer behavior signals a significant expansion of the grocery delivery market size, painting an enticing picture for potential entrepreneurs and investors. The prospect of having nearly three-quarters of the consumer market engaged in online grocery shopping part-time fosters fertile ground for business growth, innovation, and competition in the industry. This projection is not just a hint at changing times, but a loud clarion call, illuminating an exponential growth curve for those involved in or considering ventures within the grocery delivery market.
According to a report by Common Thread Collective, online grocery delivery orders in the U.S. increased 57% in 2020 compared to 2019.
Unveiling such a stellar rise of 57% in online grocery delivery orders within a year, as confirmed by Common Thread Collective, is like hitting a gold mine of insights for understanding the burgeoning Grocery Delivery Market. Cognizant of 2020’s extraordinary circumstances, these data sparks an intriguing narrative about the expanding digital adoption in the grocery sector, the shift in consumer behavior towards e-commerce amid the pandemic, and perhaps the new normal’s potential trajectory. Articulated effectively, these statistics serve as a powerful lens, unmasking the gravity and momentum of the grocery delivery market, which can be leveraged strategically for business opportunities and growth endeavors. In essence, the numerical chronicles of 2020 are not merely numbers – they are the frescoes delineating the past, present, and forecasting the future of the online grocery landscape.
Amazon accounted for more than 30% of the online grocery market in 2020, according to Statista.
Painting an overview of the grocery delivery market would be incomplete without this compelling nugget about Amazon’s commanding presence. With a lion’s share of over 30% in the online grocery market in 2020, this staggering data point from Statista tells a tale of the company’s dominance and influence. This statistic serves as a key indicator of market trends, pointing to the powerful role that e-commerce giants play in this sphere. As we set our sail to explore the vast ocean of grocery delivery market size statistics, this is an unmissable landmark, dramatically shaping the landscape. So, Amazon’s market share becomes a pivotal piece of the puzzle in understanding the entire picture.
Walmart became the leading online grocery retailer in the US with a market share of 30% in 2020, as per Supermarket News.
Delving deeper into the fascinating world of the grocery delivery marketplace, it is intriguing to note that Walmart secured the throne as the premier online grocery retailer in the US, laying claim to a substantial 30% market share in 2020, according to Supermarket News. This noteworthy statistic showcases not just the strength and dominance of Walmart in the market, but likewise offers impeccable insights into the dynamic e-commerce landscape that radically transformed the very fabric of grocery shopping in recent times. It’s like a lighthouse guiding us through the labyrinthine complexities of the industry, illustrating the potential and influence of supergiant retailers in shaping, directing and sometimes, spinning the market on one of their whims. This vital piece of data not only echoes the ongoing shift towards online grocery purchases but also paints a vivid picture of how the fiercely competitive digital arena is constantly being reshaped with ever-fluctuating consumer preferences.
San Francisco is the city with the highest grocery delivery service use at 33%, according to Insider Intelligence.
Reflecting upon the proliferation of grocery delivery services, the profound data point underscoring San Francisco’s dominating position at 33%, courtesy of Insider Intelligence, provides a magnifying lens to analyze the delivery market dynamics. It unveils the intriguing narrative of consumer behavior leanings and tech trends within the city, potently contributing to the larger discourse of grocery delivery market size statistics. The figure stands as a potential benchmark and shines a spotlight on the vanguard market, stimulating valuable discussions and insights regarding market forces, strategies, and growth opportunities. Bounded by this statistic, it is feasible to weave a comprehensive perspective on the business landscape, strengthening the discourse of the blog post and fostering a deeper understanding among its readership.
In 2021, 10.5 million UK households bought groceries online, up from 5.7 million in the previous year, according to Statista.
In an era marked by convenience, the statistic indicating that online grocery shopping in the UK surged from 5.7 million households in 2020 to 10.5 million in 2021, paints a vivid portrait of a rapidly evolving marketplace. This near doubling of figures, garnered from Statista, acts as a massive blinking arrow pointing towards the expanded market size and the accelerated trend of virtual carts replacing physical ones, which our blog post aims to capture. This monumental rise offers abundant opportunities for those in the grocery delivery sector as consumers’ behavioural patterns continue to shift towards digital platforms for their everyday needs. It is a clear reflection, a mirror if you will, of the opportunity landscape in the grocery delivery market; the bigger the number, the bigger the market. Embracing this statistic like a priceless nugget of insider knowledge, businesses, market watchers and strategists alike can use it to gauge, plan and forecast the future of this flourishing market.
China’s online grocery sales reached $283 billion in 2020, accounting for nearly half of the global market, as stated by Edge by Ascential.
Highlighting the impressive figure of $283 billion in online grocery sales in China during 2020 provides a compelling snapshot of the transformational power of technology on commerce, particularly in the grocery sector. In the landscape of grocery delivery market size statistics, it paints an awe-inspiring picture – underscoring the astronomic potential for growth in this arena. With China accounting for nearly half of the global market for online groceries, it becomes abundantly clear that e-commerce is not just a passing fad, but a vital component of modern retail infrastructure. Notably, it demonstrates the vast opportunities available for businesses to tap into this booming market and highlights the need to adapt in order to keep pace with the unstoppable shift towards online grocery shopping. It serves as a strong indicator that digital advancements and consumer trends align towards a more convenient, tech-driven shopping experience globally.
Australia saw a 45% rise in online grocery shopping during the first half of 2020, as per the Financial Review.
Highlighting the astounding 45% surge in online grocery shopping in Australia during the first half of 2020, according to the Financial Review, sheds compelling light on the rapidly shifting consumption patterns propelled by the pandemic. This dramatic uptick underscores the deepening reliance of consumers on digital platforms for their day-to-day needs, signifying an impressive expansion in the grocery delivery market. In the context of a blog post centered around grocery delivery market size statistics, this fact serves as a tangible testament to the mounting significance of the sector, thus illustrating a prevailing trend. It acts as a precursor, anticipating the potential for even more explosive growth, especially if similar patterns can be observed in other markets globally.
The online grocery market in the MENA region is expected to reach $3.3 billion by 2022, according to Research and Markets.
Painting a vivid picture of the expanding online grocery landscape in the MENA region, this statistical forecast prepares us for a flourishing e-commerce revolution. With a bold projection of reaching $3.3 billion by 2022, it signals potential growth, promising lucrative market opportunities. The blog post aims to discern the evolving grocery delivery market size, and this statistic acts as a key puzzle piece. It helps illuminate the full tableau of the global market scenario, drawing attention to profitable regions like MENA. Worth noting, this statistic not only quantifies growth but also underlines the pivotal role played by consumer adoption of tech-driven shopping habits.
By 2025, online grocery sales are projected to capture 21.5% of total grocery sales according to a report by Mercatus.
In the rapidly evolving landscape of grocery shopping, the forecasted jump to 21.5% of total grocery sales moving online by 2025 underscores the burgeoning significance of the digital marketplace. This prediction from the Mercatus report makes it apparent that bricks-and-mortar grocery visits are progressively giving way to clicks-and-orders. As such, any blog post discussing grocery delivery market size statistics would find this projection invaluable for discerning trends and possibilities. This profound shift towards digitalization constitutes an indispensable piece of the total market picture, outlining the future trajectory, potential growth, and crucial pivot points for both established grocers and budding e-grocery startups.
Grocery delivery and pick-up sales in the U.S grew by 54% to reach $96 billion in 2020, as per Insider Intelligence.
Bearing witness to the seismic shift in consumer behavior, the substantial growth of US grocery delivery and pick-up sales by 54%, amounting to $96 billion in 2020 as reported by Insider Intelligence, paints a vivid picture. Soaking in this richly-laden data, we can trace how an industry, once viewed with skepticism, blossomed into a behemoth, a testament to its meteoric rise and the whirlwind acceleration of e-commerce. It underlines how consumers, compelled by the constraints of the pandemic, embraced the comfort of ushering groceries into their homes with a few clicks, revolutionizing food procurement. This number is a beacon, shedding light on the considerable magnification of the market size; it’s a compass directing aspiring entrepreneurs and existing businesses onto the path of lucrative opportunities in the realm of online grocery delivery.
43% of grocery eCommerce orders are ‘click and collect’, meaning they are for drive-up or in-store pick-up according to Progressive Grocer.
Diving into this striking statistic reveals an intriguing trend in the grocery eCommerce landscape. The remarkable 43% figure of ‘click and collect’ orders is a bellwether, signaling a shift in consumer preferences in the realm of online grocery shopping. As the digital marketplace blossoms in the era of convenience, consumers are embracing a hybrid model of shopping – merging the realms of physical collection with digital ordering. It serves as a navigational beacon for market players. Understanding this trend is crucial for those who wish to optimise their business strategy in the flourishing industry of grocery delivery, adapting their services according to consumer behavior. In essence, the statistic is a highlighted line in the narrative of current grocery delivery market dynamics.
With a 44% surge, food & personal care is the fastest-growing segment in the online grocery market as stated by Global Market Insights.
Unraveling the essence of this compelling statistic sheds light on the transformative evolution happening within the grocery delivery market sector. The hefty 44% surge indicates a burgeoning consumer inclination towards purchasing food and personal care items online. Global Market Insights frames this as the most aggressive growth segment, highlighting its significance for future strategic paths in the industry. If online grocery platforms tailor their offerings towards this trend, they stand a superb chance of capturing a larger slice of the market pie. Furthermore, if businesses operating in the food & personal care field aren’t yet exploring e-commerce as a potential revenue stream, they are likely missing out on a huge opportunity for growth and customer outreach. Essentially, this statistic is a golden nugget of wisdom steering us towards where consumers’ preferences lie and where investment energy should be channeled in the online grocery market.
Conclusion
In summary, the grocery delivery market has been experiencing extraordinary growth, driven by changing buying habits, technological advancements, and the need for convenience in the modern fast-paced world. The sector is projected to continue expanding, opening avenues for both established players and new entrants. The provided data and statistics offer a comprehensive understanding of the current market size and projected trends, helping businesses strategize and make informed decisions. It is crucial to keep abreast with these dynamic shifts and consumer preferences in order to harness opportunities in this burgeoning industry.
References
0. – https://www.www.supermarketnews.com
1. – https://www.www.statista.com
2. – https://www.commonthreadco.com
3. – https://www.www.retaildive.com
4. – https://www.www.researchandmarkets.com
5. – https://www.www.gminsights.com
6. – https://www.www.fortunebusinessinsights.com
7. – https://www.www.verifiedmarketresearch.com
8. – https://www.www.afr.com
9. – https://www.www.emarketer.com
10. – https://www.www.mercatus.com
11. – https://www.progressivegrocer.com