Online Grocery Market Size To Exceed USD 3168.46 Billion By 2030 | CAGR of 24.70%| Size, Growth, Trends and Analysis Report by IMR

 

 

Online Grocery Market Size Was Valued at USD 541.90 Billion in 2023, and is Projected to Reach USD 3168.46 Billion by 2030, Growing at a CAGR of 24.70% From 2023-2030.

The online grocery market is a digital platform where consumers can purchase food and household essentials. It encompasses grocery chains, specialty stores, and tech-driven start-ups, offering a convenient shopping experience with a wide range of products. The demand for online grocery services is fuelled by advancements in e-commerce, urbanization, and increased technology adoption, catering to diverse customer needs. the industry is witnessing significant growth, particularly due to the rise in contactless and safe shopping preferences. Amid the COVID-19 pandemic, consumers have become more conscious of their health and safety, leading to a shift towards online grocery shopping. Online platforms offer a safer alternative by eliminating the need for physical store visits and reducing interpersonal contact, thereby providing consumers with a more secure shopping experience.

 

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Top Key Players of Online Grocery Market:

Amazon Pantry (USA), Walmart Online Grocery (USA), Instacart (USA), DoorDash DashMart (USA), Shipt (USA), Peapod (USA), Ocado (UK), Tesco Online (UK), Bigbasket (India), Metro Wholesale (India), Grofers (India), Blinkit (India), Zepto (India), Swiggy Instamart (India), JioMart (India), Dunzo (India), Flipkart Supermart (India), Milkbasket (India), Pepperfry Pantry (India), Nature's Basket (India), Localbanya (India), Spencer's Online (India), Safal (India), Easyday (India), Big Bazaar Direct (India)

 

The latest research on the Online grocery market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the Online grocery industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Online grocery market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

 

Drivers:

 

The increasing preference for digital shopping due to its convenience and safety features is set to drive significant growth in the online grocery market. Digital shopping, which involves purchasing products or services online through mobile apps or websites, offers consumers the flexibility to browse, select, and buy groceries from the comfort of their homes. This process saves time and provides added convenience, with the added benefit of doorstep delivery. As consumers increasingly prioritize safety and convenience, the online grocery market is expected to experience continued expansion in the coming years.

 

Online Grocery Market Segmentation:

By Type

  • Fresh Produce
  • Breakfast & Dairy
  • Snacks & Beverages
  • Meat & Seafood
  • Staples & Cooking Essentials

 

By Delivery Type

  • Home Delivery
  • Click & Collect

 

By Region

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

 

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Why should buy this report:

  • Obtain a comprehensive analysis of the prospects for the global Online Grocery market.
  • Gain insights into the industry overview and future trends of the Online Grocery market.
  • Analyze the drivers and challenges impacting the Online Grocery market.
  • Access forecasts for the Online Grocery market value (in US$ million) up to 2030.
  • Explore significant investments, mergers, and acquisitions within the Online Grocery market industry.

 

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Posted in Default Category on March 19 2024 at 02:13 PM

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