Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | China Online Grocery Market, by Segments, Channel & Forecast to 2026China Online Grocery Market will be US$ 219 Billion by 2026. Forecast by Segments (Packaged Food, Dairy, Sweet Biscuits, Snack Bars and Fruit Snacks, and Soup), by Channel, Company Analysis.
By: Renub Research Factors Driving the Online Grocery Market in China The rapid urbanization, rising income, food safety, and healthy diet leads to the growth of the packaged food market in China. Usage of Internet and smartphone is also growing across China, which is driving the online grocery segment. China's demographics are changing too – there is growth in the number of the younger population. The carbohydrates rich food such as rice, pasta, and noodles; confectionery, savoury snacks, baked goods, sweet biscuits are more consumed by younger generations as-well-as middle-income group peoples for changing the taste of tongue which drives the market growth. As the Chinese people are more alert towards their health; thus, they consume more protein-rich foods such as processed fruit and vegetables; processed meat and seafood etc. Changing Trends of China Online Grocery Industry The smartphones are the top leading purchasing channel compared to a personal computer for ordering groceries in the Chinese economy. The Chinese brick-and-mortar retailers are shifting towards online channel after the outbreak of Covid-19 through online players, delivery partners, technology companies and payment solution providers. During the coronavirus period, the sales of grocery items through online mode have drastically surged as these are count as essential foods for surviving. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to- Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91-120-421- Email: info@renub.com Web: https://www.renub.com Follow the Link for Report Customization: End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|