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Corporation
BUSINESS PRODUCTS & SERVICES | Advertising, Marketing & PR
acosta.com

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Founded Year

1927

Stage

Recap | Alive

Last Raised

$325M | 2 yrs ago

Revenue

$0000 

About Acosta

Acosta is the sales and marketing powerhouse behind most of the trusted brands seen in stores every day. The company provides a range of outsourced sales, marketing and retail merchandising services throughout the U.S. and Canada. For more than 85 years, Acosta has led the industry in helping consumer packaged goods companies move products off shelves and into shoppers' baskets.

Acosta Headquarter Location

6600 Corporate Center Parkway

Jacksonville, Florida, 32216,

United States

904-281-9800

Latest Acosta News

New Acosta Report Explores the Current and Future Growth of Online Grocery Shopping

Nov 11, 2021

On Nov 11, 2021 Research shows eCommerce is still on the rise, with nearly 25% of all online grocery shoppers planning to do more in the next year Acosta , a global integrated sales and marketing services provider in the consumer packaged goods (CPG) industry, today released its latest research report, The Growth of Online Grocery Shopping Shows No Signs of Slowing Down. The report details consumers’ growing preference for online grocery shopping, largely resulting from the COVID-19 pandemic, and shares future predictions for the U.S. grocery market. According to Acosta’s research, nearly 25% of all online grocery shoppers plan to do more within the next year. The Growth of Online Grocery Shopping Shows No Signs of Slowing Down, a new report from Acosta, details consumers’ increasing interest in online grocery shopping and shares predictions for the U.S grocery market. “COVID-19 significantly accelerated shoppers’ reliance on eCommerce,” said Colin Stewart, Executive Vice President, Business Intelligence at Acosta. “Half of all online grocery shoppers developed their current preferences after the pandemic began. This widespread embrace of online grocery platforms is expected to notably impact the CPG industry, with Mercatus and Incisiv projecting that eCommerce will account for 20 percent of the U.S. grocery market in the next five years. Shoppers who have grown accustomed to the convenience of online grocery shopping will likely maintain their new habits long after the pandemic ends.” Acosta’s research provides in-depth insight into consumers’ online grocery shopping behaviors and offers predictions on future preferences. Rise of Online Grocery Shopping COVID-19 played a key role in the rising popularity of online grocery shopping, with over half of all shoppers (51%) starting online shopping after the pandemic began. Twenty percent of online grocery shoppers use online platforms all or most of the time. Sixteen percent of online grocery shoppers use online platforms occasionally. Fourteen percent of online grocery shoppers use online platforms regularly, but shop in-store more often. Fifty percent of all shoppers rarely or never shop for groceries online. New Grocery Habits Over half of consumers (59%) stick with their usual in-store retailer when purchasing groceries online but major aspects of the traditional shopping experience have changed. Thirty-five percent of online grocery shoppers now use their smartphones more often for planning and shopping. Thirty-four percent of online shoppers are now buying a wider variety of items and trying new products. Twenty-nine percent of online shoppers are now spending less time shopping. Online Subscriptions Online subscriptions became extremely popular during the pandemic with thirty-one percent of all shoppers using this method to purchase grocery items. Fifty percent of subscribers order pet care-related products via subscription. Forty-one percent of subscribers order coffee or tea via subscription. Thirty-five percent of subscribers order shelf stable foods, paper and cleaning supplies, OTC medications, or shaving products via subscription. Thirty-four percent of subscribers order meal kits or beauty care products and cosmetics via subscription. About 90% of these subscribers intend to continue their subscriptions over the next year. Future Shopping Intentions About one quarter of all online grocery shoppers (23%) plan to shop for groceries online more within the next year, with over half (64%) planning to continue shopping at their current level. Thirty-one percent of shoppers who are active online all or most of the time plan to increase their online grocery shopping within the next year. Fifty-seven percent plan to stay the same. Twenty-seven percent of shoppers who shop regularly online but visit the store more often plan to increase their online grocery shopping within the next year. Sixty-one percent plan to stay the same. Ten percent of shoppers who shop occasionally online plan to increase their online grocery shopping within the next year. Seventy-five percent plan to stay the same. Acosta’s The Growth of Online Grocery Shopping Shows No Signs of Slowing Down report was gathered via online surveys using the company’s proprietary shopper community, conducted in October 2021.

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