Sheridan

Eliana Grace

China is one of the largest e-grocery markets in the world and is poised for explosive growth in the future too. With a population of 1.4 Billion, the potential value growth in the Chinese online grocery market is phenomenal. COVID-19 pandemic has boosted the online groceries market in China, with demand for home fulfillment soaring to a record high. China’s two largest e-commerce companies Alibaba’s Tmall and JD.com, have a strong position in online grocery. Walmart via JD.com and Sun Art Retail are other key online grocery retailers in China. According to the report analysis, the China Online Grocery Market will be US$ 219 Billion by the end of the year 2026. The rapid urbanization, rising income, food safety, and healthy diet lead to the growth of the packaged food market in China.