GITNUX MARKETDATA REPORT 2024

Must-Know Instacart Statistics [Recent Analysis]

Highlights: Instacart Statistics

  • Instacart’s expected revenue for 2020 was $35 billion.
  • Instacart reportedly reached 500,000 subscribers in September 2020.
  • In April 2021, Instacart had a $39 billion valuation.
  • Instacart has a total of 9.6 million active users as of October 2020.
  • Instacart partners with over 500 retailers, accounting for more than 45,000 grocery stores across the US and Canada.
  • Instacart experienced a 500% increase in downloads in March 2020.
  • Instacart shoppers delivered 50% more groceries per day during the first week of April 2020 compared to the year prior.
  • Instacart’s app saw a 218% increase in daily downloads in mid-March 2020, as compared to the previous month.
  • Instacart added over 300,000 new shoppers within 30 days during the COVID-19 pandemic’s initial surge in the US.
  • Instacart plans to operate in at least 50 major markets in the US by the end of 2021.
  • Instacart’s average delivery time is less than 2 hours.
  • During the COVID-19 pandemic, Instacart’s sales increased by 450% year-over-year for the week ending June 14, 2020.
  • Instacart plans to add an additional 250,000 workers by the end of 2020.
  • From March 1 to May 20, 2020, Instacart’s customer order frequency increased by 56%.
  • Instacart experienced a 74% increase in customer usage and orders from October 2019 to October 2020.

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As the world continues to grapple with the effects of COVID-19, Instacart has emerged as a leader in online grocery delivery. From its expected revenue for 2020 reaching $35 billion and 500,000 subscribers in September 2020 to operating in over 5,500 cities across the United States and Canada and having a total of 9.6 million active users as of October 2020 – it’s no wonder that Instacart is one of the most successful companies during this pandemic.

In April 2021 alone, their valuation was at an impressive $39 billion while they also partnered with more than 500 retailers accounting for 45,000 stores across North America. Furthermore, downloads increased by 500% from March 1st to May 20th last year; shoppers delivered 50% more groceries per day compared to 2019; daily downloads rose 218%; 300k new shoppers were added within 30 days due to high demand; venture capital raised exceeded $1.3 billion since 2012; plans are underway for operations in 50 major markets by end 2021; average delivery time is less than 2 hours; surpassed Amazon Prime Now’s first-time download numbers back in September 2020 and finally experienced 74% increase customer usage/orders between October 2019 & October 2020 respectively.

These statistics demonstrate just how far Instacart has come since its inception – proving itself invaluable during these unprecedented times when people need access to essential goods quickly yet safely without leaving home or risking exposure outside their homes.

The Most Important Statistics
Instacart’s expected revenue for 2020 was $35 billion.

This statistic is a testament to the success of Instacart’s business model, demonstrating the company’s ability to generate a substantial amount of revenue in a single year. It is a clear indication of the company’s growth and potential for further expansion, making it an important statistic to consider when discussing Instacart’s success.

Instacart reportedly reached 500,000 subscribers in September 2020.

Reaching 500,000 subscribers is a major milestone for Instacart, demonstrating the company’s success in providing a convenient and reliable grocery delivery service. This impressive statistic is a testament to the growing popularity of Instacart and its ability to meet the needs of its customers. It is a clear indication that Instacart is a leader in the grocery delivery industry and is well-positioned to continue its growth in the future.

Instacart Statistics Overview

In April 2021, Instacart had a $39 billion valuation.

This statistic is a testament to the success of Instacart, highlighting the immense value of the company. It is a clear indication of the company’s growth and success, and serves as a reminder of the impact Instacart has had on the grocery delivery industry. This statistic is an important part of understanding the success of Instacart and its place in the market.

Instacart has a total of 9.6 million active users as of October 2020.

This statistic is a testament to the success of Instacart, demonstrating the platform’s immense popularity and reach. It is a powerful indicator of the company’s growth and success, and serves as a reminder of the impact Instacart has had on the grocery delivery industry.

Instacart partners with over 500 retailers, accounting for more than 45,000 grocery stores across the US and Canada.

This statistic is a testament to the reach and influence of Instacart, demonstrating their ability to partner with a vast number of retailers and grocery stores across the US and Canada. It speaks to the company’s success in providing convenient and reliable grocery delivery services to customers in a wide range of locations.

Instacart experienced a 500% increase in downloads in March 2020.

This statistic is a testament to the power of Instacart in times of crisis. It shows that even in the midst of a pandemic, people are turning to Instacart to get their groceries and other essentials. This statistic is a clear indication of the trust that people have in Instacart and its ability to provide a safe and reliable service.

Instacart shoppers delivered 50% more groceries per day during the first week of April 2020 compared to the year prior.

This statistic is a testament to the hard work and dedication of Instacart shoppers, who have stepped up to the challenge of meeting the increased demand for grocery delivery during the COVID-19 pandemic. It highlights the importance of Instacart’s services in providing a safe and convenient way for people to get the groceries they need without having to leave their homes. This statistic is a powerful reminder of the impact Instacart has had on people’s lives during this difficult time.

Instacart’s app saw a 218% increase in daily downloads in mid-March 2020, as compared to the previous month.

This statistic is a testament to the power of Instacart’s app in the midst of a global pandemic. As people around the world were forced to stay home and practice social distancing, Instacart’s app provided a safe and convenient way for people to get their groceries without having to leave their homes. This 218% increase in daily downloads is a clear indication of the app’s success in providing a much-needed service during a difficult time.

Instacart added over 300,000 new shoppers within 30 days during the COVID-19 pandemic’s initial surge in the US.

This statistic is a testament to the power of Instacart’s services during the COVID-19 pandemic’s initial surge in the US. It demonstrates the company’s ability to quickly and effectively respond to the needs of its customers, providing them with a safe and convenient way to shop for groceries. This statistic is a clear indication of the trust and loyalty that Instacart has earned from its customers, and it serves as a reminder of the company’s commitment to providing quality services during difficult times.

Instacart plans to operate in at least 50 major markets in the US by the end of 2021.

This statistic is a testament to Instacart’s ambition and growth potential. By the end of 2021, they plan to have a presence in at least 50 major markets across the US, which is a significant expansion from their current reach. This statistic is indicative of the company’s commitment to providing convenient grocery delivery services to more and more people, and it’s an exciting development for Instacart customers.

Instacart’s average delivery time is less than 2 hours.

This statistic is a testament to Instacart’s commitment to providing customers with fast and efficient delivery services. It demonstrates that Instacart is dedicated to providing customers with the convenience of having their groceries delivered in a timely manner. This statistic is a great example of how Instacart is striving to make grocery shopping easier and more accessible for its customers.

During the COVID-19 pandemic, Instacart’s sales increased by 450% year-over-year for the week ending June 14, 2020.

This statistic is a testament to the power of Instacart during the COVID-19 pandemic. It shows that the company was able to capitalize on the increased demand for online grocery delivery services, and that its sales skyrocketed as a result. This is an impressive feat, and it speaks to the company’s ability to adapt to the changing market conditions and provide a valuable service to its customers. This statistic is an important part of any blog post about Instacart Statistics, as it provides a clear indication of the company’s success during a difficult time.

Instacart plans to add an additional 250,000 workers by the end of 2020.

This statistic is significant in the context of Instacart Statistics because it demonstrates the company’s commitment to expanding its workforce and providing more job opportunities. It also speaks to the growing demand for Instacart’s services, as the company is looking to add a substantial number of workers to meet the needs of its customers. This statistic is a testament to the success of Instacart and its ability to provide a valuable service to its customers.

By the end of 2020, Instacart expanded its EBT SNAP (Electronic Benefit Transfer Supplemental Nutrition Assistance Program) to over 4,000 stores in 38 states.

This statistic is a testament to Instacart’s commitment to providing access to healthy and affordable food to those in need. By expanding their EBT SNAP program to over 4,000 stores in 38 states, Instacart is helping to bridge the gap between those who have access to healthy food and those who don’t. This is an important step in the fight against food insecurity and is a great example of how Instacart is making a positive impact in the lives of many.

From March 1 to May 20, 2020, Instacart’s customer order frequency increased by 56%.

This statistic is a testament to the success of Instacart during the COVID-19 pandemic. It shows that despite the disruption to the traditional grocery shopping experience, Instacart was able to provide a reliable and convenient service that customers could rely on. This 56% increase in customer order frequency is a clear indication that Instacart was able to meet the needs of customers during a difficult time.

Instacart experienced a 74% increase in customer usage and orders from October 2019 to October 2020.

This statistic is a testament to the success of Instacart in the face of the pandemic. It shows that despite the challenges of 2020, Instacart was able to increase its customer usage and orders by a staggering 74%. This is a remarkable achievement and speaks to the resilience of the company and its ability to adapt to the changing needs of its customers.

Conclusion

The statistics presented in this blog post demonstrate the incredible growth of Instacart over the past year. From its expected revenue for 2020 to its 500,000 subscribers and 9.6 million active users, it is clear that Instacart has become a major player in online grocery delivery services.

The company’s partnerships with more than 500 retailers across North America have enabled them to expand their reach even further while also increasing customer order frequency by 56%. With plans to operate in at least 50 markets by 2021 and an average delivery time of less than two hours, there is no doubt that Instacart will continue to be a leader in the industry for years to come.

References

0. – https://www.apptopia.com

1. – https://www.cnn.com

2. – https://www.businesswire.com

3. – https://www.businessinsider.com

4. – https://www.fortune.com

5. – https://www.techcrunch.com

6. – https://www.cnbc.com

7. – https://www.supermarketnews.com

8. – https://www.forbes.com

9. – https://www.protocol.com

10. – https://www.instacart.com

FAQs

What is Instacart?

Instacart is an American company that specializes in same-day grocery delivery and pick-up services. The company partners with local stores to provide a convenient shopping experience for its users through its mobile app and website.

How does Instacart work?

Customers place their grocery orders through the Instacart app or website, selecting items from participating local stores. Instacart's personal shoppers then shop for the items and deliver them within a selected time window.

In which regions does Instacart operate?

Instacart is available in more than 5,500 cities across the United States and Canada. The company is constantly expanding its service area based on demand and partnerships with local retailers.

Can customers use coupons and loyalty programs with Instacart?

Some retailers on Instacart offer the ability to link store loyalty or membership cards to customers' Instacart accounts, allowing them to get access to in-store discounts and promotions. However, paper coupons typically cannot be used with Instacart orders.

How does Instacart ensure the quality and freshness of groceries delivered?

Instacart’s personal shoppers are trained to carefully select items, with a focus on quality and freshness. They pay special attention to the expiration dates, produce quality, and handling of delicate items. Additionally, customers can leave specific instructions for the shopper to follow, ensuring their preferences are taken into account.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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