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Online Grocery Market – Global Opportunities & Forecast, 2020-2027

The rising penetration of the internet and smartphones, followed by the fundamental shift in the consumer’s preference towards online shopping, are the two major factors that are driving the growth of the online grocery market over the coming years. Increasing disposable income of individuals, the growing number of smartphone users, shift to convenient shopping, and the COVID-19 outbreak are the significant factors that are strengthening the growth of the market. E-commerce is one of the most evolving industries with the existence of different service providers across the globe. Online grocery platforms offer a wide range of products that are not available in local stores. In the current scenario, most of the population is working and busy; there fore the online shopping of groceries saves time by eliminating the need to stand in the long queue for billing and parking issues. Through online grocery shopping, billing could be done within a few minutes, and products are delivered at the ...