Business Insider Intelligence
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Online grocery growing rapidly from its small base. Its market value has doubled from 2016 to 2018, suggesting that consumers are starting to get more comfortable ordering essentials and certain foods online — a major barrier to adoption.
Meanwhile, one type of product that's popular in online grocery, consumer packaged goods (CPGs), has seen the majority of its growth come from online. Although consumers may not be entirely comfortable buying items like produce online yet, that will likely come as their familiarity and trust in online grocery grows.
Business Insider Intelligence
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See Also:
- The 5 biggest questions surrounding Amazon's new grocery chain
- Flipkart is poised to overtake Amazon in India by 2023
- Mobile app users are key to Amazon’s success
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