Forecast Report

Forrester Analytics: Online Grocery Retail Forecast, 2018 To 2023 (Global)

ForecastView Document

November 27th, 2019
With contributor:
Sanjeev Kumar

Summary

With more than $5.6 trillion in sales at stake in the grocery category, both offline and online retailers are fighting for their share of the biggest prize in retail. As consumers begin to embrace buying groceries online, we expect the global online grocery market to grow at a compound annual growth rate (CAGR) of 23.4% from 2018 to 2023. This report details our five-year forecast for online grocery buyers and online grocery sales for 41 countries.

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