The growth trend of the US online grocery market will slow down significantly! The growth rate will drop by 51.6%!

The growth trend of the US online grocery market will slow down significantly! The growth rate will drop by 51.6%!


It is learned that according to emarketer's forecast, with the explosive growth of online groceries last year and the easing of the epidemic, sales are expected to stabilize this year and consumers' spending structure will shift back to the outdoor category.

Data show spending at restaurants and bars has picked up in recent months, which could eat into grocery store share.

 

U.S. grocery sales are forecast to grow 1.1% to $1.269 trillion this year, accounting for inflation. Meanwhile, online grocery sales are expected to grow 12.3%, a sharp slowdown from last year's 63.9% growth.

 

Despite the economic slowdown, grocery sales will continue to grow and are expected to reach $1.451 trillion by 2025.

 

Editor✎ Irene/

Statement: This article is copyrighted and may not be reproduced without permission.

<<:  Get ahead of the season! Target will start its holiday sale on October 10th!

>>:  Costco's revenue exceeded $192 billion in fiscal year 2021! Sales in the fourth quarter exceeded $61.4 billion!

Recommend

What is E-Mart? E-Mart Review

E-Mart is a large-scale comprehensive supermarket ...

Amazon is reported to support Bitcoin! How can sellers collect payments?

Foreign media broke a news today these two days t...

Massive complaints broke out on Amazon, and sellers’ sales plummeted!

Normal, once there is data abnormality, such as s...

What is CPSC certification? CPSC certification evaluation

CPSC is an important consumer protection agency in...

What is AmazeOwl? AmazeOwl Review

AmazeOwl can help sellers solve problems such as w...

What is AMZ.One? AMZ.One Review

AMZ.One is an outstanding data analysis tool speci...