A new projection from the Food Industry Association and NielsenIQ predicts that online grocery sales will grow to $452 billion by 2028. Already, most of the grocery dollar growth is happening online, with 72 percent of growth in the grocery business last year coming from the online space. This year, sales are projected to come in at $363 billion, an improvement on the projection from last year. Online grocery sales are expected to increase at a rate of 11.6 percent annually, while in-store sales are expected to stay flat and grow only about 0.62 percent annually.
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