According to the latest data from eMarket, Walmart has a 25% market share in the US grocery e-commerce market and is expected to surpass Amazon again to become the largest grocery retailer in the United States by 2023. Walmart surpassed Amazon in grocery e-commerce sales in 2020, when sales grew more than 84% to $27.13 billion. In contrast, Amazon's grocery online sales in 2020 grew 63.1% to $25.79 billion. However, in terms of overall retail sales, Amazon surpassed Walmart for the first time in 2020 to become the largest retailer in the United States. Walmart's in-store pickup and delivery services give it an advantage in its massive growth in grocery e-commerce. Amazon has limited ability to offer in-store pickup. However, it has expanded its offerings through physical Whole Foods, AmazonFresh and AmazonGo stores. In the grocery e-commerce market, Amazon ranks second behind Walmart, and Instacart ranks third. Although many consumers have returned to in-store shopping, grocery e-commerce will continue to grow as a retail category, with sales expected to reach $122.39 billion this year and exceed $200 billion by 2024, eMarketer noted. Editor ✎ Xiao Zhu/ Disclaimer: This article is copyrighted and may not be reproduced without permission. |
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