In our Food & Beverages CPG Sector Report we examine the latest sector trends and developments that you should be prioritizing as you map out your future strategies. See below to learn how to access the full, 40-page report.
Leading grocery retailers are embracing ecommerce
Walmart remains by far the largest grocery retailer in the world, with net sales exceeding those of the next four biggest retailers combined. Leading grocery retailers are already making the most of the online shift by actively developing their ecommerce offerings and strategizing fulfillment options.
Source: RMM, Edge by Ascential Retail Insight 2019
High potential for ecommerce growth in edible grocery
Grocery has been relatively slow to shift online. Compared with other product categories, edible grocery (made up of food and beverages) is currently less reliant on online sales, with 4% of sales made up of ecommerce vs the category average of 23%.
The low ecommerce penetration within the category means high potential for future growth, with an online sales CAGR of 13% over the next five years. Given edible grocery’s relative size (more than twice the size of the next largest category), this ecommerce outlook is significant for brands and retailers in the sector to tap into.
Source: Edge by Ascential Retail Insight, 2019 *Size of bubble represents total annual category sales for 2018
Looking for the full, 40-page Food & Beverages CPG Sector Report?
- Highlights of the latest retailer and supplier initiatives across the food & beverages sector, categorized into four strategic pillars, including Ecommerce & Digital Ecosystem Management, Store of the Future, Supply Chain & Fulfillment, and Engagement & Retention
- Strategies of world’s leading grocery retailers to make the most of the digital shift and actively develop their ecommerce offerings
- Retailers creating unique experiences and food-service offerings to attract shoppers interested in visiting destination stores
To learn how Edge by Ascential™ can help you win the Food & Beverages retail category, arrange a call with one of our Data and Insights experts today, and we will send you the full 40-page Food & Beverages Sector report as a thank you!
More than 600 of the world’s largest brands rely on Edge by Ascential to provide the data, analytics and insights solutions that inform their ecommerce-driven retail strategies, digital shelf optimization and performance measurement.