Global E-Grocery Market Analysis, Trends, and Forecasts 2019-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 11, 2019--
The “E-Grocery - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.
E-Grocery market worldwide is projected to grow by US$354.2 Billion, driven by a compounded growth of 17.4%.
E-Grocery, one of the segments analyzed and sized in this study, displays the potential to grow at over 17.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$524.5 Billion by the year 2025, E-Grocery will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 18.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$13.6 Billion to the region’s size and clout in the next 5 to 6 years. Over US$17 Billion worth of projected demand in the region will come from Rest of Europe markets.
In Japan, E-Grocery will reach a market size of US$34.9 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 17.1% over the next couple of years and add approximately US$62 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
For more information about this report visit https://www.researchandmarkets.com/r/2ncsaa
View source version on businesswire.com:https://www.businesswire.com/news/home/20191011005323/en/
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SOURCE: Research and Markets
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PUB: 10/11/2019 10:03 AM/DISC: 10/11/2019 10:03 AM