The numbers of orders for Instacart have increased from *** million orders made on the app in 2021 to approximately *** million orders made in 2024. Instacart operates in the United States and Canada.
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During the COVID-19 lockdown, Instacart became an essential service for millions of Americans trapped at home. Even as early as February, Instacart started noticing unusual demand for items such as...
The number of orders made on the Instacart platform increased from around **** million orders in the fourth quarter of 2023 to over ** million orders in the fourth quarter of 2024.
The numbers of orders for Instacart have increased from 223 million orders made on the app in 2021 to approximately 270 million orders made in 2023, marking an increase of roughly 20 percent. Instacart operates in the United States and Canada.
In 2024, Instacart recorded adjusted EBITDA of 885 million U.S. dollars, marking a significant increase from the previous year's figure of 641 million dollars. However, Instacart recorded more than 457 million dollars in net income in 2024.
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The size of the North America Online Grocery Delivery market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 10.00% during the forecast period.Online grocery delivery is a service by which the groceries can be ordered directly on the Internet and thereby delivered to your doorstep. This method of shopping has developed in recent years, mainly in North America. The North America online grocery delivery market is perhaps the largest around the globe and has increased significantly over the last few years. Several causes exist for this growth. These include increased urbanization, busier lifestyles, and the ever-increasing rise of e-commerce. With an online grocery delivery service, several benefits can be gained. Among these are savings in time, reduced stress levels, and a wider selection. In general, services usually include handy features, such as scheduled slots for delivery, real-time tracking of orders, and flexible payment options. From where technology is heading, the market for online grocery delivery in North America will have a future.Automated checkout, drone delivery, and even personalized shopping experiences will be the futures of this industry. Recent developments include: January 2023 - SPAR extended its operations in Latvia by launching a new store in Rzekne. The 265 sq. m neighborhood shop has everything required for everyday living, including a bakery and a fresh meat sales section., September 2022 - Instacart, a significant grocery technology business in North America, announced Connected Stores, a collection of six new Instacart Platform technologies that stack on top of current products, assisting grocers in combining the best of online ordering with in-store shopping for consumers., May 2022 - Instacart, a premier retail enablement business in North America, collaborated with over 10 additional retailers to expand same-day delivery across the country, including food and pharmacy major Metro Inc., discount retailer Giant Tiger, specialty grocer Galleria Supermarket, and others. Following its partnership with Metro, Instacart is working with Canada's top five groceries, including Costco, Loblaws, and Walmart. Instacart offers same-day delivery to over 90% of Canadian households across all ten provinces.. Key drivers for this market are: Subscription Services are Driving Market Growth, Home Delivery is Expected to Drive New Growth Opportunities for the Market. Potential restraints include: Inefficient Delivery Management. Notable trends are: Growing Demand for Super Fast Delivery.
Due to the coronavirus pandemic, online delivery orders surged in the United States. Up to ** percent of grocery shoppers purchased non perishable packaged foods like cereals or sneaks on the internet in 2021, while they were only ** percent in 2017. More than half of respondents also adopted online shopping for fresh and frozen foods, as well as drinks.
The online grocery craze One of the most visible shifts in U.S. consumer demand and behavior after the COVID-19 pandemic can be seen in regard to grocery shopping. Since April 2020, grocery delivery and pick up sales remained well above **** billion dollars per month. Particularly among older generations, consumers seemed keen on buying groceries online in the future, as they did during the pandemic.
Food delivery: a tale of two sides Not only the amount and type of food that U.S. customers buy and sometimes stockpile has shifted, but also the preferred avenues. Around one-third of surveyed shoppers indicate a willingness to keep using Amazon Fresh or DoorDash to have food home delivered. Other widely chosen options include local grocery stores, chain restaurants, and online grocery sites. In return, app downloads of online grocery delivery platforms like Uber Eats and Instacart are surging.
But while these services offer customers a safe and flexible alternative to jammed grocery stores or restaurants, companies like Instacart also face criticism for their treatment of delivery workers. As couriers are hired as gig workers instead of employees, they do not receive sick pay or other health benefits. Seeing that these contractors have worked on the frontlines of the pandemic, their lack of financial and physical protection remains an ongoing point of contention.
Consumers in the United States spent an average of ***** U.S. dollars per food delivery order on Uber Eats. In contrast, people spent the most money on Instacart, averaging approximately ***** dollars per order, while the average value per order was the lowest on Postmates.
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The Micro Fulfillment Center (MFC) market is experiencing explosive growth, projected to reach $5.20 billion in 2025 and maintain a robust Compound Annual Growth Rate (CAGR) of 21% through 2033. This surge is driven by the escalating demand for faster and more efficient e-commerce fulfillment, particularly within urban areas. The rising popularity of same-day and next-day delivery options, coupled with the increasing pressure on retailers to reduce delivery costs and improve customer satisfaction, are key factors propelling market expansion. The integration of advanced technologies such as robotics, AI-powered inventory management, and automated sorting systems within MFCs significantly enhance operational efficiency and scalability, further fueling market growth. Different MFC types cater to diverse needs; standalone MFCs offer flexibility, while store-integrated MFCs leverage existing retail infrastructure for optimized last-mile delivery. Dark stores, specifically designed for online order fulfillment, represent a significant segment contributing to this growth. Key players like Walmart, Dematic, and Honeywell are heavily investing in R&D and strategic acquisitions to consolidate their market positions and capitalize on this burgeoning opportunity. The market is segmented by component (hardware, software, services), type (standalone, store-integrated, dark stores), and end-user (traditional retailers, e-commerce, manufacturers). Geographical expansion is also expected across North America, Europe, Asia, and other regions, reflecting the global adoption of e-commerce and the need for efficient fulfillment solutions. The continued expansion of e-commerce, particularly the growth of quick-commerce and grocery delivery services, will be a major driver for future MFC market growth. However, challenges remain, including high initial investment costs for implementing MFC technology, the need for skilled labor to operate and maintain sophisticated systems, and the potential for space constraints in urban environments. Despite these challenges, the long-term outlook for the MFC market remains extremely positive, with continued innovation in automation and software driving further efficiency gains and wider adoption across various industries. The market's segmentation offers opportunities for specialized providers to focus on specific niches, such as software solutions for inventory optimization or robotic systems for automated picking and packing. As consumer expectations for faster delivery continue to rise, the MFC market is poised for continued significant expansion and technological advancement. Recent developments include: September 2024: OrionStar Robotics introduced CarryBot, a logistics robot for microfulfillment centers (MFCs). CarryBot is meticulously designed to address the unique requirements of these compact and efficient logistics settings. Its transport capabilities, adaptability, and safety features represent a notable progression in warehouse automation, enhancing efficiency and flexibility in logistics and delivery.April 2024: Dematic announced the inauguration of its new office in the Kingdom of Saudi Arabia. This strategic move reinforces Dematic's commitment to the Middle East and demonstrates its dedication to offering innovative solutions that cater to the specific needs of the local market.January 2024: Giant Eagle announced the opening of its first automated micro fulfillment center in Pittsburgh. This facility will stock various items, including center store goods and chilled and frozen products, to serve curbside pickup orders. To support the operation of the MFC, Giant Eagle is seeking candidates for several positions and will host an open house for interested individuals at the facility.. Key drivers for this market are: An Increase in the Demand for Online Shopping will Drive the Market Growth, Rising Urbanisation will Support the Market Growth. Potential restraints include: An Increase in the Demand for Online Shopping will Drive the Market Growth, Rising Urbanisation will Support the Market Growth. Notable trends are: The E-commerce Segment is Expected to Hold Significant Share in the Market.
This statistic highlights online grocery shopping sales in the United States from 2019 through 2024. The U.S. online grocery market was estimated to generate sales worth of about **** billion U.S. dollars in 2020, with sales forecast to reach ***** billion U.S. dollars by 2024. Among the leading online food and beverage retailers in 2016, were Amazon and Walmart. Online grocery shoppingGrocery sales through online platforms represent a very small part of the overall grocery retail market, but are amongst the fastest growing segment. Some people don’t enjoy the hassle of traditional grocery shopping, especially to stand in a queue before check-out. If consumers use the convenience of an online grocery service, they can pick their everyday products on the distributor’s website and will get the chosen items delivered right to their doorstep, which saves time. Most online suppliers in the United States provide same-day delivery options. During the last years, more and more firms tried to gain a foothold within the e-grocery industry. Companies engaged in the U.S. online grocery market include AmazonFresh, FreshDirect, NetGrocer, Walmart and Safeway. A relatively new and innovative business model is supplied by Instacart. The San Francisco-based company is a grocery transport service that delivers the grocery order through personal shoppers in *** to *** hours. As of February 2015, Instacart charged **** U.S. dollars per two-hour deliveries and ***** U.S. dollars per one-hour deliveries. The personal shoppers purchase the chosen items at different local food stores and deliver them to your house within the agreed time window. The use of virtual grocery stores has still a large growth potential as more and more time-strapped consumers are looking for innovative ways to make their lives easier. However, a significant hurdle for online grocers remains freshness as many customers still prefer to see and touch the produce before purchase.
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The crowdsourced delivery service market is experiencing robust growth, driven by the escalating demand for faster, more flexible, and cost-effective delivery solutions. E-commerce expansion, the rise of on-demand services, and the increasing adoption of last-mile delivery optimization strategies are key factors fueling this expansion. The market's segmentation reflects the diverse applications of crowdsourced delivery, encompassing everything from grocery and food delivery (as seen with Instacart and Postmates/Uber Eats) to larger package delivery (Roadie, Lugg) and specialized logistics solutions (Bringg, FarEye). Companies like GoShare and Dolly focus on specific niches, highlighting the adaptable nature of the business model. While challenges such as maintaining consistent service quality, managing driver independence, and ensuring regulatory compliance remain, technological advancements in route optimization, real-time tracking, and automated dispatch systems are mitigating these issues and driving further efficiency and scalability. Competition is fierce, with established players like Amazon leveraging their existing infrastructure and newer entrants vying for market share through innovative solutions and targeted service offerings. We estimate the market size to be approximately $15 billion in 2025, growing at a CAGR of 15% throughout the forecast period (2025-2033). This projection considers the ongoing expansion of e-commerce and the sustained demand for flexible delivery options. This rapid growth trajectory is expected to continue, primarily due to several converging trends. The increasing penetration of smartphones and mobile internet connectivity facilitates seamless communication and order placement. Furthermore, the growing preference for same-day and next-day deliveries necessitates agile and scalable solutions, a niche perfectly filled by crowdsourced delivery models. The industry is also witnessing significant investment in advanced technologies, such as AI-powered route optimization and predictive analytics, which further enhances efficiency and reduces costs. However, potential restraints include fluctuations in fuel prices, driver availability, and the need for ongoing investment in technological advancements to maintain a competitive edge. Regional variations in regulatory landscapes and consumer preferences also present challenges for market participants, requiring tailored strategies for effective market penetration.
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The numbers of orders for Instacart have increased from *** million orders made on the app in 2021 to approximately *** million orders made in 2024. Instacart operates in the United States and Canada.