Online grocery sales projected to grow 11.7% over 5 years

Online grocery sales in the U.S. will grow at a compound annual rate of 11.7% during the next five years, according to the 2023 Brick Meets Click/Mercatus Five-Year Grocery Sales Forecast. The growth will result in online grocery increasing its share of total grocery sales to 13.6% in 2027, up from 11.2% in 2022, the survey projected.