![]() It is not only a single benefit there are others that also exist. ![]() So, the prime benefit of having an online store for the business is ample growth. Online grocery sales are expected to grow at a CAGR of 11.7% over the next five years ( Brick Meets Click). The grocery retailing landscape is rapidly changing, and customers are migrating from offline to online grocery shopping. ![]() It will be clearer in the upcoming sections of this blog. Online grocery delivery is beneficial for users and businesses in all terms. Now, you have an idea that the online grocery delivery and ordering industry is in full swing. Walmart is a key player ( 30% share ) in US online grocery sales.51% of online grocery shoppers prefer home delivery, and 49% of shoppers prefer in-store pickup.Convenience is the top-notch reason to shop for groceries online for 45% of users out of total online grocery shoppers.Food and beverage online sales are 15.67% (2023) out of total retail e-commerce sales in the United States.Most shoppers spend an average of 44 minutes shopping for groceries at the store and, on average, visit grocery stores 8 times/month.The grocery delivery market’s ARPU (average revenue per user) is forecasted to reach $449 in 2023.For 2027, the projected market volume is $1,140 billion.The grocery delivery market’s revenue is expected to reach $627.30 billion by 2023.Online Grocery Delivery and Ordering: Key Statistics If you are also interested in launching your grocery business online, you should also know the benefits of an online grocery store.ĭiscover the hidden benefits of online grocery stores for your business right here.īefore you dive into the next sections, let’s take a look at some key grocery store industry statistics to give you a clear understanding of the landscape. These apps have been in trend since the pandemic, and businesses are leveraging this trend. The only reason behind their popularity is that we can access them anytime to order the required grocery items. Grocery is one of the top requirements in the kitchen of every household, and technology enables us to purchase it at ease via accessing online grocery stores.Īpps like Instacart, Kroger, Amazon Fresh, or FreshDirect are known to almost all of us.
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