U.S. online grocery growth is expected to significantly slow but still outpace in-store growth by three times over the next five years, according to Brick Meet Click’s new U.S. eGrocery Sales Forecast.
The report, sponsored by Mercatus, predicts that overall grocery sales in the U.S. will expand at a compound annual growth rate (CAGR) of 1.6% from 2023 through 2028. Growth averaged 5.6% over the five years ending in 2023, elevated by the pandemic and inflation.
