{"id":16761,"date":"2017-07-31T08:19:33","date_gmt":"2017-07-31T13:19:33","guid":{"rendered":"https:\/\/www.fatbit.com\/fab\/?p=16761"},"modified":"2025-11-17T12:47:06","modified_gmt":"2025-11-17T07:17:06","slug":"future-online-grocery-shopping","status":"publish","type":"post","link":"https:\/\/www.fatbit.com\/fab\/future-online-grocery-shopping\/","title":{"rendered":"Online Grocery Market Size & Analysis (The Future of Online Grocery Shopping)"},"content":{"rendered":"\n

Last Updated: 10th December, 2020<\/em><\/p>\n

Angela<\/b> \u2013 Sam, we need to go grocery shopping.<\/span><\/p>\n

Sam<\/b> \u2013 I have Clippers game coming up and I need to watch it. Can we go tomorrow?<\/span><\/p>\n

Angela<\/b> \u2013 No, you can watch it later. We decided to go grocery shopping in the afternoon and that\u2019s what we are going to do.<\/span><\/p>\n

Sam<\/b> \u2013 Ok, as you say.<\/span><\/p>\n

Sam and Angela go to a local grocery store. They spend the whole afternoon buying groceries, while Sam misses his Clippers game. They come back home all exhausted.<\/span><\/p>\n

In the near future<\/strong><\/h3>\n

Angela<\/b> \u2013 Sam, we need to go grocery shopping.<\/span><\/p>\n

Sam<\/b> \u2013 I have a Clippers game coming up and I need to watch it. Why don\u2019t you visit the xyz.com website and <\/span>buy groceries online?\u00a0<\/span><\/p>\n

Angela<\/b> \u2013 Sure, I\u2019ll go ahead and order groceries online.\u00a0<\/span><\/p>\n

By the time the Clippers game ends, the groceries are delivered at Sam and Angela\u2019s doorsteps. They didn\u2019t have to spend the afternoon at a local grocery store. They were able to utilize that time in other activities, without worrying about grocery shopping.<\/span><\/p>\n

The change is currently underway as consumers have started<\/span> buying groceries online.<\/span> Currently, it is one of the few sectors that is experiencing substantial growth. With much of our daily lives revolving around the internet, <\/span>online grocery <\/span>is wagered to be the next big industry for entrepreneurs.<\/span><\/p>\n

Suggested Read<\/b> \u2013 <\/span>Must-have features in an online grocery store<\/b><\/a><\/p>\n

This is driving many brick and mortar grocery stores to launch their online outlets and avoid going redundant in the near future.\u00a0<\/span><\/p>\n

Where does the market stand as of today<\/strong><\/h2>\n

Amazon is the global leader in eCommerce. So when Amazon enters into a new sector, it sends a strong message about that sector\u2019s profit-bearing potential. This is the feeling that everyone got when Amazon started offering online grocery shopping.<\/span><\/p>\n

Other examples of online grocery marketplaces are FreshDirect, ShopFoodEx, Kroger, and Instacart. All of these are US-based and offer home delivery of grocery items. These eGrocery sites have enhanced the customer experience by making the grocery delivery process easy and efficient.\u00a0<\/span><\/p>\n

If we look at the online<\/span> grocery industry analysi<\/span>s for the last year, online purchases of fresh groceries and consumer packaged goods enjoyed a 36% year-over-year growth spurt. This tremendous growth has exceeded all projections and expectations, triggering a race among entrepreneurs to launch their own<\/span> eGrocery <\/span>store.<\/span><\/p>\n

As this booming industry picks up pace, the larger share of revenue will go to the participants who are quick to announce their business.\u00a0<\/span><\/p>\n

Online shopping has matured enough and consumers have become accustomed to buying things online. This has removed the hurdles faced by other eCommerce sectors in the past where they had to first earn the trust of consumers. The best part of <\/span>online grocery shopping <\/span>is that consumers can easily select delivery slots preferred by them. This results in the timely delivery of products as per the requirement of the consumers.<\/span><\/p>\n

Suggested Read \u2013 <\/b>Setting up Online Grocery Business in 2019? Here Is What <\/b>You Need to Know<\/b><\/a><\/p>\n

What is the future of online grocery shopping<\/h2>\n