It is learned that according to emarketer's forecast, with the explosive growth of online groceries last year and the easing of the epidemic, sales are expected to stabilize this year and consumers' spending structure will shift back to the outdoor category. Data show spending at restaurants and bars has picked up in recent months, which could eat into grocery store share.
U.S. grocery sales are forecast to grow 1.1% to $1.269 trillion this year, accounting for inflation. Meanwhile, online grocery sales are expected to grow 12.3%, a sharp slowdown from last year's 63.9% growth.
Despite the economic slowdown, grocery sales will continue to grow and are expected to reach $1.451 trillion by 2025.
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