Trendspotting: It could be a prosperous five years for eGrocery sales
By
Craig Levitt
Trendspotting: It could be a prosperous five years for eGrocery sales
By
Craig Levitt
It’s not front page news that food shopping is more expensive than it has been in a while — and prices show no signs of decreasing anytime soon. With that in mind, Brick Meets Click expects growth in grocery spending to slow over the next five years.
Online sales, however, are expected to outpace in-store spending by about 5 percent. According to the Brick Meets Click U.S. Grocery Sales 5-Year Forecast: 2025-29 report, the online segment (pickup, delivery and ship-to-home) should account for 17 percent of all grocery sales by the end of 2029.