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Online Grocery Market Size & Trends. The global online grocery market size was valued at USD 50.28 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 26.8% from 2023 to 2030.
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Nationwide online grocery sales will total as much as $257.5 billion in 2024; projections indicate that sales will increase up to $364 billion in 2026. 28% of American adults grocery shop online at least once per month. Americans spent as much as 20.5% of their 2022 grocery budgets online.
Several large brands make up the leading companies in the U.S. online grocery market. Brands known by nearly every American such as Kroger, Walmart, HelloFresh, and Amazon are generating the...
The online grocery market is projected to be worth USD 377.4 billion in 2023. The market is likely to reach USD 3396.9 billion by 2033. The market is further expected to surge at a CAGR of 24.60% during the forecast period 2023 to 2033.
The coming years will present new opportunities. Fueled by evolving customer expectations, increased competition, and technological advancements, online could account for up to 18 to 30 percent of the food-at-home market in some leading European countries.
The global online grocery market size was estimated at US$ 419.63 billion in 2021 and is projected to hit US$ 2160.7 billion by 2030, at a CAGR of 19.97%.
The global online grocery market was valued at $258.6 billion in 2022, and is projected to reach $965.4 billion by 2032, growing at a CAGR of 14.3% from 2023 to 2032. Market Dynamics. The online grocery market refers to the digital platform where consumers can purchase various food and household products over the Internet.
This EMARKETER guide explores the evolving digital grocery shopping landscape with a look at retailer business models, the benefits of online groceries, the major industry players, and future trends in grocery shopping retailers and marketers should know.
The U.S. online grocery market was estimated to generate sales worth of about 95.8 billion U.S. dollars in 2020, with sales forecast to reach 187.7 billion U.S. dollars by 2024.