Amazon's Online Grocery Sales Expected to Surpass Walmart
Industry analysis shows Amazon's online grocery business is growing robustly, with sales expected to surpass Walmart by 2026. Third-party sellers are performing exceptionally well, contributing over half of the sales.
What are the key facts?
- 1Amazon's online grocery sales expected to reach $26.7 billion by 2026
- 2Third-party sellers contribute 53% of sales
- 3Estimated compound annual growth rate of 14.1%
What happened?
According to data from Edge Retail Insight, Amazon's online grocery business is rapidly expanding and is projected to reach $26.7 billion in sales by 2026, surpassing Walmart. Currently, third-party sellers account for 53% of sales in Amazon's grocery business and have significant growth potential.
What does this mean for cross-border sellers?
Grocery and fresh product sellers should pay attention to the growth opportunities in Amazon's grocery category and strategically expand their related product lines.