COVID-19 Impact on Fresh Food E-commerce Market Forecast from 2020-2026, Says QYR

Fresh products e-commerce, referred to as fresh food e-commerce, refers to the use of e-commerce means to directly sell fresh products on the Internet, such as fresh fruits, vegetables, fresh meat and so on. Fresh e-commerce is developing with the development of e-commerce.

COVID- 19 outbreak in 2020 to the national economy and social life have caused a serious impact, people had to open curtilage home mode, in order to maintain the necessary life demand, choose fresh electric business platform of choice for shopping has become a lot of people, and at that time the fresh surge in electric business platform for users, the demand, formed the unprecedented prosperity.

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However, the COVID-19 epidemic has entered the period of COVID-19 in Europe and America, with more than 1.1 million confirmed cases overseas. By 24:00 on April 4, the number of confirmed cases in China had dropped to 1,376, and 1024 asymptomatic infections were still under medical observation. As of 24 o 'clock on April 4, 207 countries and regions outside China had confirmed 1,114,684 cases, with 78,584 new cases confirmed, and 61,241 more than 60,000 cases died. The number of confirmed cases and deaths in overseas countries were far higher than that in China. Europe and the United States have been the hardest hit: The United States is the world's largest country with more than 300,000 confirmed cases, with a total of 312,253 confirmed cases.

In addition, the rise of instant delivery, where off-site sales are the main trend, has further educated consumers about their home-going habits.
In 2018, the digital construction investment of major modern channel retailers in China was 28.51 billion yuan, of which the investment in AI was about 900 million yuan, accounting for 3.15%.It is expected that with the promotion of Alibaba, JD, Suning and other retail giants, the digital construction investment of major modern channel retailers in China will exceed 70 billion yuan by 2022, of which the investment in AI will exceed 17.8 billion yuan, accounting for more than 25%.

Under the circumstances of the COVID-19 epidemic, factors such as home quarantine, extended holidays, and the delay of the beginning of the school year in different regions further stimulate the "homebound economy". The residents' habits of online consumption and even home consumption will bring a boost to the development of fresh e-commerce on the demand side.

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Summary, short-term outbreak of the "new champions" blowout has given rise to fresh electricity business demand, user online spending habits is expected to be nurtured, and industry as a whole to achieve further development, but also for enterprise supply chain ability put forward the bigger test, after the outbreak, has the strong ability to operate bibcock company is expected to benefit to boost demand at the same time and the concentration ascending trend.

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This release was published on openPR.