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:
- Police say a masked man wearing an 'I have the coronavirus' sign sprayed Lysol around a Walmart, reportedly causing $7,300 in damage
- Walmart and Home Depot are forcing workers who recently visited China to stay home for 14 days as coronavirus spreads
- See what Target looked like when it first opened
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