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Online Grocery Market to Grow by USD 1.65 Trillion from 2024-2028, as E-commerce Adoption Soars with AI Impacting Market Trends – Technavio

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NEW YORK, Nov. 11, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global online grocery market size is estimated to grow by USD 1.65 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  21.48%  during the forecast period. Increased popularity and adoption of e-commerce platform is driving market growth, with a trend towards growth in demand for functional food and beverages. However, end-user perception of online grocery shopping  poses a challenge.Key market players include Albertsons Companies Inc., Amazon.com Inc., Blink Commerce Pvt. Ltd., Bundl Technologies Pvt. Ltd., Coles Group Ltd., Costco Wholesale Corp., Flipkart Internet Pvt. Ltd., HOFER KG, Innovative Retail Concepts Pvt. Ltd., Koninklijke Ahold Delhaize NV, Ocado Group Plc, Rakuten Group Inc., Reliance Industries Ltd., Seven and i Holdings Co., Ltd., SPAR International, Target Corp., Tesco Plc, Transform Holdco LLC, Walmart Inc., and Woolworths Group Ltd..

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Online Grocery Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 21.48%

Market growth 2024-2028

USD 1653.7 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

17.41

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 66%

Key countries

China, US, UK, Japan, and France

Key companies profiled

Albertsons Companies Inc., Amazon.com Inc., Blink Commerce Pvt. Ltd., Bundl Technologies Pvt. Ltd., Coles Group Ltd., Costco Wholesale Corp., Flipkart Internet Pvt. Ltd., HOFER KG, Innovative Retail Concepts Pvt. Ltd., Koninklijke Ahold Delhaize NV, Ocado Group Plc, Rakuten Group Inc., Reliance Industries Ltd., Seven and i Holdings Co., Ltd., SPAR International, Target Corp., Tesco Plc, Transform Holdco LLC, Walmart Inc., and Woolworths Group Ltd.

Market Driver

Online grocery market is witnessing significant trends as urbanization increases and consumers seek convenience and time-saving benefits. Grocers are adapting to this shift by offering online payments and contactless delivery. Small-scale grocers and food-delivery platforms are entering the scene, bringing competition and variety. Service fees, discounts, and delivery options are key factors influencing customer loyalty. Brands are focusing on quality milk products, doorstep delivery, and easy, hassle-free experiences. E-commerce technology, including mobile applications, logistics, and secure payment gateways, is driving growth. Internet penetration and accessibility are essential for online shopping, with specialty products, international goods, and dietary options appealing to unique preferences. Faster deliveries, reliable deliveries, and cashback offers are essential for customer satisfaction and repeat purchases. Tech-savvy consumers demand efficient delivery logistics and user-friendly interfaces. Fresh produce, RTE food, snacks, and beverages are popular categories, with organic and locally sourced options gaining popularity. E-commerce platforms are enhancing the shopping experience with predictive analytics, demand forecasting, and route optimization. Busy lifestyles and health-conscious choices are driving the market for instant delivery, scheduled deliveries, and subscription services. 

Functional food and beverages, recognized for their health advantages, are increasingly popular among consumers globally. These products offer benefits such as enhanced immunity, improved mental strength, heart rate regulation, digestive health, hydration, and electrolyte replenishment. Consumers are prioritizing their health and investing in non-traditional fitness activities, leading in demand for functional food and beverages as a healthy nutrition source. However, not all of these products are readily available at traditional retail stores. As a result, online grocery markets have become a go-to destination for consumers seeking convenient access to a wide range of functional food and beverage options. 

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Market Challenges

Online grocery market is witnessing significant growth due to urbanization and the convenience of doorstep delivery. However, challenges persist in areas like online payments, contactless delivery, and brand awareness for small-scale grocers. Grocers and food-delivery platforms face hurdles in implementing secure payment gateways and ensuring quality of milk products and fresh produce. Discounts, delivery options, and service fees are crucial factors influencing customer choice. Digital platforms offer time-saving benefits, but challenges in logistics, user-friendly shopping experience, and reliable deliveries remain. E-commerce technology, including mobile applications and AI, is transforming the industry, with faster deliveries, cashback offers, and loyalty programs enhancing customer satisfaction. High-speed internet and last-mile delivery solutions are essential for efficient supply chain management. Traditional retailers must adapt to tech-savvy consumers’ preferences for convenience, freshness, and variety.The global online grocery market is experiencing steady expansion, yet challenges persist in altering the mindset of a significant consumer base. With food items being a major concern, end-users seek flawless and satisfying purchases. The preference for traditional grocery shopping remains strong due to the tangible experience it offers. Consumers express concerns over product quality, particularly freshness, which is crucial for perishable goods. Vendors face hurdles in creating a positive impact on consumers’ perceptions and establishing trust in the online grocery space.

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Segment Overview 

This online grocery market report extensively covers market segmentation by  

Product 1.1 Food products1.2 Non-food productsType 2.1 One time customers2.2 SubscribersGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Food products-  The food product segment significantly contributes to the revenue generated from online grocery sales. Consumers prefer buying food products online due to several reasons. These include the option for customization and personalization, convenience, swift delivery, and return policies. Online retail channels offer quality and originality checks, making it easier for consumers to ensure they are getting authentic products. Leading packaged food producers, such as Nestle, Danone, PepsiCo, Mars, Coca-Cola, Kraft-Heinz, Abbott, and Mondelez, have a strong online presence, providing consumers with a wide range of brand options. The availability of smartphone apps from these manufacturers and retailers further enhances the shopping experience. The pandemic has accelerated the shift towards online grocery shopping, with retailers like Costco reporting over 440% increase in same-day delivery sales in Q2 2020. These factors are expected to drive growth in the online grocery food product segment.

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Research Analysis

Online grocery delivery has revolutionized the way we shop for household essentials and household products. With the widespread use of the internet and digital platforms, grocers now offer convenient time-saving benefits for urban consumers. Ordering items online allows for contactless payment options, ensuring a safe and hygienic shopping experience. The use of artificial intelligence (AI) and machine learning (ML) in supply chain management ensures a wide product selection and the freshness of items. Small-scale grocers have also joined the digital revolution, offering organic and locally sourced groceries for tech-savvy consumers. Delivery options range from contactless curbside pick-up to drone deliveries, making grocery shopping more accessible than ever before. Discounts and deals add to the appeal, making online grocery delivery a popular choice for busy individuals.

Market Research Overview

Online grocery shopping is a convenient and time-saving solution for urban consumers, allowing them to order essential items online and receive doorstep delivery. Grocers have embraced e-commerce technology, offering user-friendly digital platforms for ordering milk products, fresh produce, RTE food, snacks and beverages, and even international goods and dietary options. Contactless delivery ensures a hassle-free experience, with secure payment gateways and cashback offers, loyalty programs, and subscription models enhancing customer satisfaction and repeat purchases. Logistics and last-mile delivery solutions, such as delivery drones and automated vehicles, ensure faster and reliable deliveries. Small-scale grocers and food-delivery platforms have joined the fray, offering a wide range of specialty products and unique preferences. E-commerce platforms provide easy access to a variety of products, enabling price comparison, product reviews, and smartphone usage for on-the-go shopping. Efficient supply chain management, predictive analytics, and demand forecasting have become essential for grocers to meet the needs of tech-savvy consumers. Freshness and quality are maintained through local fulfillment centers and inventory management. The scheduled deliveries segment, subscription services, and hybrid marketplaces cater to busy lifestyles and health-conscious consumers seeking RTE choices, organic options, and plant-based alternatives. Artificial intelligence (AI) and machine learning (ML) are transforming the online grocery market, providing personalized recommendations and enhancing the overall shopping experience. Traditional retailers are adapting to the digital age, offering online transactions, instant delivery, and varied delivery options to remain competitive. The future of grocery retail lies in the seamless integration of e-commerce technology, user-friendly interfaces, and efficient delivery logistics.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductFood ProductsNon-food ProductsTypeOne Time CustomersSubscribersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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HelloNation Examines Medicare Advantage & Medigap Coverage Differences, Featuring Financial Advisor Ash Toumayants

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The article reviews provider access, prescription coverage, and out-of-pocket expenses when comparing Medicare Advantage and Medigap plans.

STATE COLLEGE, Pa., July 24, 2026 /PRNewswire/ — How should residents evaluate whether Medicare Advantage or Medigap coverage better fits their healthcare and financial needs? HelloNation answers this question in an article that explains the key considerations involved in choosing between Medicare Advantage and Medigap plans.

The HelloNation article features insights from Financial Advisor Ash Toumayants of Strong Tower Associates. The article explains that both Medicare Advantage and Medigap supplement Original Medicare but differ significantly in how they handle healthcare providers, prescription coverage, and overall out-of-pocket expenses.

Medicare Advantage plans are typically offered through private insurers and bundles Medicare Part A, Part B, and possibly prescription coverage into a single policy. However, Medicare Advantage plans generally operate with provider networks, meaning healthcare providers must often be selected from within the plan’s approved list.

For residents across Pennsylvania, provider access can play an important role in selecting the right plan. The article explains that individuals should review which healthcare providers are included in a Medicare Advantage network before enrolling. Plan networks may vary by county in Pennsylvania, so residents should confirm that their preferred doctors and specialists are covered.

Medigap plans, also known as Medicare Supplement Insurance, operate differently from Medicare Advantage. The article explains that Medigap works alongside Original Medicare and helps cover certain out-of-pocket expenses such as copays, coinsurance, and deductibles. Although Medigap policies generally involve higher monthly premiums, they can offer greater predictability in medical expenses.

One advantage of Medigap is flexibility in choosing healthcare providers. The article explains that individuals with Medigap coverage can typically visit any doctor or specialist who accepts Medicare nationwide. This broader provider access can be beneficial for retirees who want more freedom in choosing healthcare providers across Pennsylvania or while traveling.

Prescription coverage is another important factor in the decision process. Many Medicare Advantage plans include prescription coverage as part of their bundled benefits. In contrast, Medigap plans do not include prescription coverage, which means individuals who choose Medigap often purchase a separate Medicare Part D plan to manage medication costs.

Budget considerations also influence the decision between Medicare Advantage and Medigap. The article explains that while Medicare Advantage plans may have lower premiums, they often include copays and service limits that affect annual out-of-pocket expenses. Medigap plans generally involve higher premiums but may reduce unexpected out-of-pocket expenses throughout the year.

Travel and lifestyle habits can also affect which plan is more suitable. The article explains that Medicare Advantage plans may have limitations on out-of-network care outside their coverage area. For residents in Pennsylvania who travel frequently or spend time in multiple locations, Medigap coverage may offer greater flexibility when accessing healthcare providers.

Enrollment timing is another important consideration discussed in the article. Medicare Advantage and Medigap plans have different enrollment rules and deadlines tied to the Initial Enrollment Period or the annual Medicare Open Enrollment period. Missing these enrollment opportunities can limit plan choices or result in additional underwriting requirements.

The article concludes that choosing between Medicare Advantage and Medigap in Pennsylvania requires careful evaluation of healthcare providers, prescription coverage, travel habits, budget considerations, and potential out-of-pocket expenses. Comparing plan structures and reviewing coverage details helps individuals make informed decisions that align with their healthcare and financial priorities.

How to Decide Between Medicare Advantage & Medigap features insights from Ash Toumayants, Financial Advisor of State College, PA, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-examines-medicare-advantage–medigap-coverage-differences-featuring-financial-advisor-ash-toumayants-302829329.html

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In HelloNation, Pool & Landscaping Expert Tina Possehn Wolbers Discusses What Pool Opening & Closing Services Include

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The article highlights how seasonal pool service simplifies pool maintenance and protects backyard pools year-round.

LANSING, Mich., July 24, 2026 /PRNewswire/ — What is included with pool opening and closing services, and how do they support pool ownership? The answer is explored in a HelloNation article, which features insights from Tina Possehn Wolbers of Wolbers-Possehn Pools, Ponds and Landscapes.

The HelloNation article explains that seasonal pool service plays a key role in maintaining a backyard pool throughout the year. By handling the transition between seasons, pool opening service and pool closing service make pool maintenance more manageable and allow homeowners to focus on enjoying their space.

Pool opening service marks the beginning of the swimming season. One of the first steps is removing the pool cover, which has protected the pool during colder months. The pool cover is carefully cleaned and stored, helping extend its lifespan and prepare it for future use. Once removed, the backyard pool begins to take shape as a clean and inviting environment.

Another important part of pool opening service is reconnecting and inspecting pool equipment. Pumps, filters, and circulation systems are checked to ensure they are functioning properly. This step helps restore water flow and sets the foundation for effective pool maintenance throughout the season.

Water level adjustments and water balancing are also essential components of pool opening service. Ensuring proper water levels allows systems to run efficiently, while water balancing helps create a safe and comfortable swimming environment. These steps help homeowners enjoy their backyard pool without unnecessary complications.

The article emphasizes that pool opening service and pool closing service are key components of seasonal pool service, helping simplify pool maintenance and reduce the stress of managing a pool. With a structured approach, homeowners can rely on consistent care that keeps their pool in good condition.

Pool closing service prepares the pool for colder months when it is not in use. This process includes lowering the water level to help prevent potential damage. Proper water management during pool closing service helps protect the structure and equipment over time.

Protecting plumbing lines is another critical part of pool closing service. Water is removed from pipes to prevent freezing and expansion, which could lead to damage. Taking these steps ensures that the system remains intact and ready for the next pool opening service.

Securing the pool cover completes the process. A properly fitted pool cover keeps debris out and helps maintain water quality during the off-season. It also makes the next pool opening service easier by reducing the amount of cleaning required.

Seasonal pool service provides a more predictable and low-stress experience for homeowners. Instead of handling every detail themselves, pool owners can rely on professional processes that keep their backyard pool functioning properly year after year.

Beyond maintenance, a well-cared-for backyard pool becomes a space for relaxation and connection. Whether hosting gatherings or enjoying quiet time, the pool adds value to everyday life. Pool opening service and pool closing service support that experience by keeping the pool ready when it matters most.

The HelloNation article concludes that understanding what is included in seasonal pool service helps homeowners set clear expectations and maintain their pool with confidence. With proper pool maintenance, water balancing, and use of a secure pool cover, owning a backyard pool in Lansing becomes both simple and enjoyable.

What Is Included With Pool Opening & Closing Services in Lansing? features insights from Tina Possehn Wolbers, Pool & Landscaping Expert of Lansing, MI, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-pool–landscaping-expert-tina-possehn-wolbers-discusses-what-pool-opening–closing-services-include-302829324.html

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Verra Mobility Schedules Second Quarter 2026 Earnings Call

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MESA, Ariz., July 24, 2026 /PRNewswire/ — Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2026, after market close on August 5, 2026.

Verra Mobility’s Interim Chief Executive Officer, Jon Keyser, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on August 5, 2026.

A live webcast will be available on the Company’s Investor Relations website at ir.verramobility.com. To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. A replay of the call will also be made available on the Investor Relations website.

In addition, an archived webcast will be available in the “News & Events” section of Verra Mobility’s Investor Relations website at ir.verramobility.com.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility’s transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility principally operates in North America, Europe and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility’s plans, objectives, expectations, beliefs and intentions and other statements including words such as “hope,” “anticipate,” “may,” “believe,” “expect,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility’s other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility’s reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com. We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company’s press releases, SEC filings and public conference calls and webcasts.

Media Relations:

Investor Relations:

Valerie Schneider

Mark Zindler

valerie.schneider@verramobility.com

mark.zindler@verramobility.com 

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