Online Grocery Market to Grow by USD 136.97 bn | Increased Popularity and Adoption of E-commerce Platform to Boost Market Growth | 17,000+ Technavio Research Reports - Yahoo Finance
NEW YORK, Nov. 24, 2021 /PRNewswire/ -- The "Online Grocery Market by Product (non-food products and food products) and Geography (APAC, Europe, North America, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offerings. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the online grocery market between 2020 and 2025 is USD 136.97 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, talk to our analyst.
Key Market Dynamics:
The increased popularity and adoption of e-commerce platforms coupled with the rapid growth in m-commerce are some of the key market drivers. However, factors such as end-user perception of online grocery shopping will challenge market growth.
To learn about additional key drivers, trends, and challenges available with Technavio, Read our FREE Sample Report!
The online grocery market report is segmented by product (non-food products and food products) and geography (APAC, Europe, North America, South America, and MEA). APAC will be the leading region, with 55% of the market's growth during the forecast period. China and Japan are the key countries for the online grocery market in APAC.
View our sample report for additional insights into the contribution of all the segments and regional opportunities in the report.
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