The Race for Online Grocery Infographic
The $150 Million dollar global grocery market will more than double to $334 Million by 2022. Despite that stratospheric growth, only 2.9% of online grocery sales took place online in 2017. Today’s grocers face an unprecedented amount of competition from the likes of Amazon and Walmart, with their physical presence and online marketplaces, from International competition such as Lidl, and even from “frenemies” like Instacart and Shipt, where convenience is traded for ceding a lot of control. Online grocery remains an enormous area of opportunity where winners and losers will be determined in the near-future.
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