Online / E-Grocery Market - Forecast(2021 - 2026)
Online / E-grocery Market Overview: According to the US Department of Agriculture, more than 25 million Americans do not have access to a grocery store in their residential vicinity. These citizens lack access to nutritious food and often rely on packaged products for their nutritional needs. The e-grocery market is largely preferred by millennials as they are majorly influenced by shopping trends with their active usage of smartphones. There are different kinds of products sold online such as food products; beverages; cosmetics; personal care and baby care products; stationery items, household goods, and others. Staple pantry items have emerged to be the most extensively sold items, and the segment is estimated to register a compound annual growth rate (CAGR) of 37.40% through to 2025. The global e-grocery market will witness growth owing to the rise of smartphone usage, with the millennial population leading the charge. During the forecast period 2019-2025, the market is evaluated t...