Amazon positioned to give food and beverage e-commerce a much needed spark
Based on its recent bold expansion into the grocery segment, Amazon is primed to give food and beverage e-commerce a shot of adrenaline.
This was according to “U.S. Grocery Market Focus: The Amazon Food Shopper,” a report from Packaged Goods.
According to the firm’s estimates, Amazon's 2016 online food and beverages sales, including AmazonFresh, is at $1.5 billion. This volume is expected to rise to $2.3 billion in 2017, giving the company a 19% share of the online market.