US Grocery Retailing Market Report 2022
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This report provides comprehensive and current information and analysis of the US Grocery Retailing market including grocery retailing market size market size, anticipated market forecast, relevant market segmentation, and industry trends for the Grocery Retailing market in the US.
After unprecedented sales growth in 2020 during the first year of the COVID-19 pandemic, retailers were challenged by sudden surges in grocery shopping caused by panic buying, shifts in consumer eating to include more in-home cooking, and the rapid adoption of ecommerce for grocery shopping. Consumers continue to evolve with the next normal and are becoming more comfortable shopping in-store for groceries, resulting in a rebound to in-store shopping frequency. Even as in-store remains the preferred channel, the increase in ecommerce persists at more sustainable levels, as omnichannel shopping becomes the norm for many shoppers.
COVID-19 continues to cause disruptions for retailers and consumers as new variants of the virus drive a continuation of pandemic behaviors, such as limiting time spent in stores and cooking more at home, fueling continued demand for groceries. Additionally, the ongoing pandemic has created new challenges for grocers. Global supply chain constraints at a time of peak consumer demand have led to widespread inflation, price hikes and inventory shortages – further impacting consumers’ shopping behaviors. Grocers continue to navigate COVID-19 safety protocols and labor shortages amid fluctuations in state and federal mandates, as they work to reinvent their business models to embrace continued growth, digital expansion both in-store and online, and reevaluate what the in-store experience looks like in the evolution of the next normal.
Read on to discover more about the consumer market, read our US Online Grocery Retailing Market Report 2021 report, or take a look at our other Food Retail research reports.
Brands include: Walmart, Winn-Dixie, Hy-Vee, Sam’s Club, Kroger, Bed Bath and Beyond, PetSmart, Chewy, Fred Meyer, Giant, Albertson’s, H-E-B, Aldi, Target, Lifvs. Fresh Thyme Market, UNFI, Schnuk Markets, Hellmann’s, About Fresh, Amazon Fresh, Target Circle.
This report, written by Brittany Steiger, a leading analyst in the Retail and eCommerce sector, delivers in-depth commentary and analysis on the food and grocery retail market to highlight current trends and add expert context to the numbers.
After two years, COVID-19 continues to have an impact on the grocery sector. The combined pressures of supply shortages and inflation drive up prices, prompting consumers to prioritize value. Pandemic behaviors give way to new norms, as omnichannel shopping becomes commonplace. Additionally, the strides made in technology enable grocers to reimagine the in-store experience, as digital tools create the store of the future.
Brittany Steiger
Senior Analyst, Retail and eCommerce
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