The E-grocery market has been receiving a high demand over the past decade. Though the coronavirus lockdown period in most regions in the world has hit e-grocery market growth, it is expected to bounce back in the next few months. Additionally, the demand and growth for e-grocery is comparatively higher than other e-commerce platforms, which had to encounter the consequence of COVID-19.
In the long term growth perspective, the penetration of digital technology has aided the growth of the global e grocery market to a sizable amount and is estimated to increase even further in the forthcoming years.
Owing to the fast-paced normative lifestyles, easy accessibility for essentials has become an important outlook for customers. Complete with same-day deliveries for a large variety of fresh produce, the online grocery shopping has been tracking a large following. As a result of rising awareness on different shopping trends, internet services and convenience, the e-grocery market holds tremendous potential for growth globally. In recent times, the global coronavirus outbreak has caused a peak in the online grocery market in some regions, as a result of social distancing. It is speculated that this might lead to a complete shift in the future e-grocery market scenario.
While the market seems to grow on a global scale, the penetration, size and growth of online grocery vary greatly by country. The Chinese e-grocery market is currently accounted for the largest online grocery market in the world. Packaged food is one of the biggest growth drivers for this market. Meanwhile, the Southeast Asia e-grocery market has been the fastest growing market in this sector. The viral spread of internet services is a big cause for market growth in these countries. Moreover, the South America e-grocery market, including the countries, Brazil, Argentina, Chile and Peru is also anticipated to increase during the forecast period.
The global e-grocery market report 2019, offered by JSB Market Research, provides deep insight into the Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global E-grocery industry.
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