COVID-19 drives surge in online grocery sales10 Apr 2020
Confinement and supermarket shortages have driven more shoppers to purchase online with NYC-based tech firm Chicory reporting increases in online orders that surpass U.S. holidays, including Halloween and Fourth of July.
In addition to an overall increase in Americans shopping online for their groceries, Chicory reported that the average order rate among top ingredients has increased 123% between January and March as compared to the same time period last year. The top five ingredients seeing increases are pasta with 699% growth, canned crushed tomatoes with 316% growth, evaporated milk with 287% growth, tomato sauce with 269% growth and canned green chilis with 245% growth.
Other top ingredients include canned beans, dried fruit, fresh dairy milk, chicken, eggs, cauliflower, and white rice. Online sales of eggplant and cucumbers decreased by 13% and 35% respectively.
The data was pulled from online orders placed from recipes that featured the company’s “Get Ingredients” button and eCommerce ads for brands
While Chicory data comes from its network, which includes brands like General Mills and stores supermarkets like Wakefern, retailers are also reporting surges in online grocery sales.
Last year, only 4% of U.S. grocery sales came from online orders, according to Nielsen data. In the first quarter of this year alone, CNN Business reported that “online grocery shopping is exploding” with 41% of those purchasing online being first-time buyers.
Part of this growth comes directly from retailers’ own built-in online ordering systems, but third-party apps have also seen staggering growth. Between February and March, daily downloads of Instacart, Walmart Grocery and Shipt apps have seen surges of 218%, 160% and 124% respectively, according to TechCrunch.
These steep increases to online ordering mimic trends for Halloween and surpass online ordering volumes for the Fourth of July. The increase in online orders does not rise to the order of magnitude seen for the Super Bowl, Christmas or Thanksgiving. Still, retailers are struggling to keep pace.
CNN Business reported that Ahold Delhaize has added web servers to accommodate increased demand. Other retailers like Walmart, Albertsons, Meijer and Hy-Vee are turning toward technology and automation within warehouses as well as increasing staff and adjusting schedules to keep from being overwhelmed by the demand for products.
Consumers may or may not continue to rely on online grocery ordering once the pandemic has subsided. However, these trends may indicate the hastening of adoption of online ordering on a mass scale.
PepsiCo partners up to sequence the oat genome
20 Jul 2020
PepsiCo and its partners sequenced the complete oat genome for the first time, only taking four months to complete the process. The data was published on an open source platform for use by other companies looking to develop and improve new oat varietie...Read more
Gates Foundation leads $45 million investment in crop protection startup
10 Jul 2020
Crop protection company Enko Chem announced that it raised $45 million in a Series B funding round led by the Bill and Melinda Gates Foundation with participation from Anterra Capital, Rabobank, Finistere Ventures, Novalis LifeSciences, Germin8 Venture...Read more
Spending on U.S. advertising for sugary drinks increases 26% to over $1 billion
9 Jul 2020
Beverage companies increased their spending on advertising sugary drinks by 26% to over $1 billion between 2013 and 2018, according to a new study from UConn Rudd Center for Food Policy & Obesity. This increase in advertising primarily targets communit...Read more
EU invests €20m into sugar beet biorefinery for carbon neutral organic acids
8 Jul 2020
To reduce its reliance on petroleum-based chemicals in the food and agricultural industries, the European Commission and the public-private Bio Based Industry Joint Undertaking (BBI JU) are investing €20 million in the construction of a sugar beet bior...Read more
Euromonitor report: How will Covid-19 change consumer focus in retail?
25 Jun 2020
The global pandemic that arrived this spring has upended the food and beverage market for both manufacturers and consumers in unpredictable ways. In a new report from Euromonitor, the market research firm looked at the future state of the FMCG sector a...Read more
Research shows adding iodine to salt may pose risks to some populations
23 Jun 2020
A new study by the Norwegian’s Scientific Committee on Food and the Environment (VKM) concluded that although the addition of iodine to salt used in products throughout the country would benefit adolescents and women of childbearing age, the same incre...Read more
UK organic food sales soar despite lockdown
22 Jun 2020
Sales of organic food in the UK have reached record levels and increased during the COVID-19 lockdown – but can the sales be sustained now that the panic buying has subsided?Read more
New tracing technology to help identify Salmonella outbreaks
18 Jun 2020
Australian researchers from the University of New South Wales Sydney have developed a technique to identify Salmonella strains in order to more effectively trace outbreaks. The multilevel genome typing (MGT) method, which took two years to develop, ide...Read more
Study: lower-calorie diet and exercise led to diabetes remission in 61% of patients
16 Jun 2020
A new study from Qatar published in the Lancet Diabetes & Endocrinology journal found that lifestyle intervention that focused on a low-calorie diet and exercise let to diabetes remission in 61% of patients.Read more
Apeel Sciences on track to save 20 million pieces of fruit from food waste
9 Jun 2020
At the end of May, Apeel Sciences raised $250 million dollars in new financing, bringing the startup’s total funding to more than $1 billion. This infusion of funds will be put toward the company’s mission of food waste prevention, an area in which it ...Read more
Are you a supplier
Here's what we can do for you
- Generate quality leads for your business
- Stay visible for 365 days of the year
- Receive product inquiries and respond to meeting requests directly
- Improve company online presence through Search Engine Optimisation