Online Sales are a Big Opportunity for Grocery Tea

As a share of all Fast-Moving Consumer Goods (FMCG) revenue in the U.S., e-commerce still accounts for only 1.5 percent. This compares to the likes of South Korea, with a huge 19.7 percent. Having seen a 40% increase in online grocery spending last year, the country is the world leader, and by a big margin. In joint second place, with a whole 12.2% points less, are the UK and Japan. FMCG e-commerce has long been on offer to consumers in the UK and is very much a mature market, with penetration growth slowing over the last few years. South Korea, on the other hand, is still going from strength to strength. (Photo/Adobe Stock)
  Online Grocery Shopping in the U.S., 2nd Edition

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Thirsty for Variety

(Photo/Adobe Stock)
  • Because of the acquisition of Whole Foods, the online grocery market has been changing rapidly as store-based grocers have raced to compete with Amazon in the online grocery space.
  • Walmart is taking drastic measures to expand its online grocery services and offer store pickup options at all its stores across the U.S. to become the top online grocery provider.
  • Creating online marketplaces and collaborating with local producers can convince more customers to shop for groceries online if they are supporting local businesses.
  • Baby Boomers and the Silent Generation are the least likely to do their grocery shopping online but represent a major marketing opportunity because they may have mobility issues that limit their ability to drive to a store or to carry groceries.
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