Online food and beverage retail sales, which includes instore pickup, curbside delivery and at-home delivery, tracked by Euromonitor International, reached $76 billion in 2022, and the market researcher predicts online grocery will be the largest source of growth for food and beverages in the United States in the future.
Executives of The Kroger Co. credit loyalty discounts, personalized digital coupons and a broad private label assortment for helping shoppers save money in a challenging economic environment, leading to increased customer trips and household growth in the recent quarter.
The global market for sauces and condiments is on track to increase from $172.8 billion in 2021 to $240.7 billion by 2028, according to a recent Research and Markets report.