As per the market analysis at FMI, the hyperlocal grocery Delivery market is valued at US$ 38.5 Billion in 2022 and is likely to reach US$ 81.5 billion by 2032, flourishing at a promising CAGR of 7.8%. Being prevalent in consumer and local retail stores, hyperlocal grocery delivery platforms have gained popularity within the millennial generation while wooing the elder people by …
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Hyperlocal Grocery Delivery Market: Expected to Surge to a Valuation of Over US$ 81.5 Billion by 2032, with a Steady Annual Growth Rate of 7.8%
From 2023 to 2033, the hyperlocal food delivery industry is anticipated to expand at a CAGR of 7%. Convenience is becoming more and more in demand, and internet food ordering is becoming common. Due to government laws, improved awareness, and technical developments, opportunities for driver restraint systems are growing. Their effectiveness is increased by innovations like automatic seatbelt …