Market Research Report
|Published by||Global Industry Analysts, Inc.||Product code||958347|
|Published||Content info||142 Pages
Delivery time: 1-2 business days
|Published: April 1, 2021||Content info: 142 Pages||
Global Online Grocery Market to Reach $550.7 Billion by 2027
Amid the COVID-19 crisis, the global market for Online Grocery estimated at US$198.5 Billion in the year 2020, is projected to reach a revised size of US$550.7 Billion by 2027, growing at a CAGR of 15.7% over the period 2020-2027.
The U.S. Market is Estimated at $57.1 Billion, While China is Forecast to Grow at 20.5% CAGR
The Online Grocery market in the U.S. is estimated at US$57.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$110 Billion by the year 2027 trailing a CAGR of 20.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.4% and 14% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.5% CAGR.
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