The e-commerce share of food and beverage store retail sales in Canada is projected to increase steadily from 4.2% in 2024 to 5.5% by 2028. The growth suggests a compounded annual growth rate (CAGR) of approximately 5.7% over the five-year period. This data implies a continued shift towards online platforms since an estimated share of 3.9% in 2023, marking notable advancements in consumer preferences and digital adoption.
Future trends to watch for:
- Continued investment in online grocery logistics and distribution networks
- Potential technology innovations enhancing the shopping experience
- Increased consumer reliance on e-commerce for convenience