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 [FURL=https://www.industryarc.com/Report/15478/e-grocery-market.html]Online / E-Grocery Market[/FURL] 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 to grow at an outstanding CAGR of 41.24%. The market was valued at $29.57 billion as of 2018.Download Sample Report @ [FURL]https://www.industryarc.com/pdfdownload.php?id=15478[/FURL]
E-Grocery Market: Market Trends and Growth Drivers
Meal Kit Services - Meal kit services are convenient and can be customized easily as per the need. This has gained a lot of traction in the U.S. The ingredients are delivered at home with the cooking instructions. The companies involved even try to offer organic food products.
Amazon’s Online Grocery Platform - Amazon is now one of the leaders in the e-commerce sector. Since it is a well-known brand in the market, people are more dependent on this. Amazon’s launch of Pantry and Amazon Fresh has raised the overall value of the e-grocery market in countries such as India. Furthermore, Alibaba Group Holdings Ltd and SoftBank Group Corp are looking forward to collaborate with Amazon.
E-Groceries Using Alphabots - Albertsons is joining hands with Takeoff Technologies to pilot a new micro-fulfillment center at one of its centers, Using Takeoff’s Artificial Intelligence-enabled technologies with conveyor belts will enable the transportation of grocery items.
Voice-First Strategy - Companies are focusing on voice ordering and assistant technology to make it simpler for the consumers to order groceries. For instance, Walmart and Kroger have already introduced Google Assistant Voice-Enabled shopping.
Online / E-Grocery top companies are ShopFoodEx, Schwan Food Company, My Brands Inc, mySupermarket Limited, NetGrocer.com, Inc., Walmart Stores, Inc., Safeway, Inc., Supermarket Grocery Supplies Pvt. Ltd., AmazonFresh, LLC, Koninklijke Ahold Delhaize N.V., and Fresh Direct, LLC.
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