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Online Grocery Market to reach USD 3168.46 Billion by 2030, emerging at a CAGR of 24.70% and forecast (2023-2030)

Online Grocery Market Size Was Valued at USD 541.90 Billion in 2023, and is Projected to Reach USD 3168.46 Billion by 2030, Growing at a CAGR of 24.70% From 2023-2030.

The Online Grocery Market has experienced significant growth in recent years, fueled by changing consumer preferences, technological advancements, and shifts in shopping behavior, especially in light of the COVID-19 pandemic. Online grocery shopping offers convenience, time savings, and flexibility, allowing consumers to order groceries from the comfort of their homes and have them delivered directly to their doorsteps or ready for pickup at designated locations. This market encompasses a wide range of players, including traditional supermarkets, specialty grocers, e-commerce platforms, and food delivery services, all vying for a share of the rapidly expanding online grocery market.

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07:58 AM - Apr 17, 2024 (UTC)

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