eCommerce: Market Revenue Growth
Grocery eCommerce Revenue Growth in the United States
How is the U.S. Grocery eCommerce revenue been evolving over the years? Dive into the data from 2018 to 2026 for insights.
Article by Patrick Nowak | June 19, 2024Download
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Grocery eCommerce Revenue Growth in the United States
How Did eCommerce Revenue in the U.S. Grocery Market Fluctuate from 2018 to 2026?
The eCommerce revenue growth in the U.S. Grocery market has shown a remarkable trajectory from 2018 to the projected figures for 2026. The sector began with a steady increase, recording growth rates of 11.3% in 2018 and 20.8% in 2019. However, the year 2020 witnessed a substantial surge, with a growth rate of 83.8%, indicating a significant shift in consumer behavior towards online grocery shopping. This trend continued in 2021 with a growth rate of 18.1%, although the momentum slightly decreased to 11.9% in 2022. Despite a minor contraction of 14.2% in 2023, the market is forecasted to bounce back with growth rates of 17.0% in 2024, 16.9% in 2025, and 13.7% in 2026. These fluctuations highlight the evolving nature of the eCommerce landscape in the U.S. Grocery market, reflecting the changing preferences and habits of consumers in this category.
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