2017 Online Food Report
Food is suddenly one of the hottest areas of online retailing. In 2016 alone, the report reveals, online food sales in the U.S. grew 31.5% to $22.1 billion, double last year’s average e-commerce growth rate. The 37-page 2017 Online Food Report provides a data-rich analysis of the rapidly developing food e-retailing market, ranks and reports the sales of its leaders, profiles the online food buyer and describes the battle royal being waged by Amazon, Walmart and others to dominate the next major market shift to web-based retailing. And last month, as it completed its $13.7 billion acquisition of Whole Foods, Amazon foreshadowed a massive expansion of its $8.7 billion online food business, forcing Walmart, Kroger and other supermarket chains to respond in kind.