Amazon

Amazon Grocery Sales Surge 40 Pct In 2Q

Amazon

New data shows that Amazon second-quarter grocery sales came in at $650 million, up 40 percent year over year. The report, released by One Click Retail, also revealed that the eCommerce giant held 18 percent of U.S. online grocery sales since 2017, the largest share of any single retailer. In fact, Amazon’s current share of the online grocery space has now doubled that of its closest competitor.

That growth comes with “nearly every category attracting more and more grocery shoppers to Amazon,” according to report author Jacob Porter, director of One Click’s global marketing.

Beverages comprise most of Amazon’s online grocery sales market, with “cold beverages at $140 million (+36 percent) and coffee at $135 million (+40 percent) in the second quarter. Coffee, in fact, accounted for seven of Amazon’s 10 best-selling grocery items. The Original Donut Shop Regular Medium Roast Coffee (pack of 72 single-serve K-Cup pods)” continued to hold the top spot for the quarter, according to reports.

The remainder of the five best-selling grocery products for Amazon in the second quarter included the Soylent Meal Replacement Shake, McCafé Premium Roast Coffee K-Cup Pods, Nespresso Variety Pack Capsules and Dunkin’ Donuts Original Blend Medium Roast Coffee K-Cup Pods.

“Since the very beginning, coffee has been at the top of Amazon’s food chain,” Porter said. “Not only does it sell much more than any other single product type in the grocery group, but it continues to grow by 40 percent-plus annually.”

The other categories that had strong sales growth in the second quarter were snack foods, breakfast foods, baking ingredients, candy and gum, meal essentials, warm beverages (excluding coffee) and baby food.

“With Whole Foods, Prime Pantry, Amazon Fresh, Solimo and rapidly growing coverage for same-day and next-day grocery delivery,” Porter said, “Amazon’s central role in the future of grocery is undeniable.”

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