PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1332638
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1332638
According to SPER Market Research, 'Europe Online Grocery Market Size- By Product Type, By Business Model, By Platform, By Purchase Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Europe Online Grocery Market is predicted to reach USD 552.32 billion by 2033 with a CAGR of 16.13%.
Online grocery shopping refers to the process of purchasing food and other grocery items through digital platforms, such as websites or mobile applications. It offers consumers the convenience of browsing through a wide range of products, making secure payments, and selecting their preferred delivery or pickup options. By opting for online grocery shopping, customers can avoid the need to visit traditional brick-and-mortar stores, saving time and effort while still fulfilling their grocery needs efficiently.
The online grocery sector in Europe was significantly impacted by the COVID-19 outbreak. Lockdowns and social isolation policies were put in place to stop the virus from spreading, and as a result, demand for online grocery delivery services increased. Even those who had previously been apprehensive about online shopping have come around to e-commerce due to its convenience and security.