Industry Analysis & Industry Trends
Americans' increasing adoption of, and reliance on, the internet as a source for shopping has supported the Online Grocery Sales industry's growth for the past decade. While revenue fell during the recession, overall performance was not severely marred over the period. Moreover, although external competition from traditional brick-and-mortar grocery stores will remain a consistent threat, declining unemployment and increased internet usage will grow revenue.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Online Grocery Sales industry is in the growth stage of its life cycle; its contribution to the US economy is outpacing general economic growth. Over the 10 years to 2018, the industry's value added (IVA) is forecast to increase at an average annual rate of 6.2%, despite weakened performance during the recession. Meanwhile, US GDP is anticipated to grow 2.1% per year on average. This is a characteristic of a growing industry.
The number of industry participants is also expected to increase over this period. During the 10 years to 2018, the number of industry participants is anticipated to grow at an annualized rate of 3.1% to 2,196. This increase indicates the opportunities available to new entrants... purchase to read more