Online grocery shopping shows no sign of slowing down, even after the pandemic restrictions eased up. With up to 92% of YOY growth, the category SKUs have seen an enormous leap: From 38.4K SKUs in May 2021 ?? 219.7K SKUs in 2022 From 30.1K SKUs in April 2021 ?? 155.4K SKUs in 2022 From 26.2K SKUs in March 2021 ?? 113.1K SKUs in 2022 This pandemic-induced shift in consumer behavior is one of the many changes that will have long-term effects on the commerce landscape. Check out EcommerceIQ for insights on e-commerce category growth, or visit?https://lnkd.in/gXjMhCxe?to chat with our e-commerce experts. #EcommerceIQ #MarketInsights #ai #ecommerce #sales #growth #trends #marketplaces #businessintelligence #BI --- How top global brands are getting the best results online? Click?https://bit.ly/3DnOMPI?to learn more.
The global #FoodAndBeverage market shows no sign of slowing down, growing from $5,818.25 billion in 2021 to $6,327.35 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. As consumers spend more time at home during the pandemic, the demand for grocery goods has grown significantly and will continue to grow as online shopping becomes more habitual. ?? The category has seen a huge leap forward with the pandemic-induced shift to online shopping, from 38.4K SKUs in May 2021 to 219.7K SKUs in 2022 (YOY growth of 82%). --- Are you looking for more category data? Click below to chat with our e-commerce experts:?https://lnkd.in/gXjMhCxe Follow our EcommerceIQ page for more insights and updates! #BIbyEcommerceIQ #BusinessIntelligence #EcommerceIQ #MarketInsights #CategoryData #Marketplaces #Shopee #Lazada #Tokopedia #Qoo10 #aCommerce #southeastasia #onlineshopping #SEA #SoutheastAsia #Thailand #Philippines #Indonesia #Malaysia #Singapore