Saudi Arabia Online Grocery Delivery Market Grow with a CAGR of 20.21% through 2030F
The Saudi Arabia Online Grocery Delivery market is driven by growing
digital adoption, convenience, busy lifestyles, expanding e-commerce platforms,
and increased demand for home delivery services.
According to
TechSci Research report, “Saudi Arabia Online Grocery Delivery Market – By
Region, Competition, Forecast & Opportunities, 2030F”, the Saudi Arabia Online Grocery
Delivery market stood at USD 1.65 Billion in 2024 and is anticipated to grow
USD 4.98 Billion by 2030 with a CAGR 20.21% during forecast period. The Saudi
Arabia Online Grocery Delivery market is driven by urbanization and the rise of
dual-income households. As more people move to urban centers like Riyadh,
Jeddah, and Dammam, there is an increased demand for convenient shopping
solutions. In parallel, the growing number of dual-income households has
lessened the amount of time available for traditional grocery shopping, leading
to a preference for online grocery delivery services. The need for efficiency,
convenience, and time-saving solutions is more pronounced in busy metropolitan
areas, where residents are seeking easier alternatives to in-store shopping.
This shift in consumer behavior is encouraging the adoption of digital
platforms for grocery shopping, significantly contributing to the growth of the
online grocery delivery market in the region.
The Saudi Arabia
Online Grocery Delivery market is primarily driven by advancements in logistics
technology are significantly enhancing the efficiency and reliability of Saudi
Arabia's online grocery delivery market. The integration of Artificial
Intelligence (AI), Internet of Things (IoT), and blockchain technologies is streamlining
operations and improving customer satisfaction. AI is utilized for optimizing
delivery routes and predicting demand, ensuring timely deliveries. IoT devices
enable real-time tracking of inventory and shipments, providing transparency
and reducing delays. Blockchain ensures secure and transparent transactions,
building trust among consumers. Also, the adoption of autonomous vehicles and
drones is being explored to further expedite deliveries. These technological
innovations are not only enhancing operational efficiency but also aligning
with Saudi Arabia's Vision 2030 goals of digital transformation and economic
diversification.
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"Saudi Arabia Online Grocery Delivery Market”
The Saudi Arabia
Online Grocery Delivery market is segmented into product category, platform,
mode of payment, and region.
Based on the product
category, the packaged food & beverages segment is the fastest growing in
the Saudi Arabia Online Grocery Delivery market, driven by increasing working population and busy lifestyles have
led consumers to seek convenient meal solutions. Packaged foods and beverages
offer ready-to-eat or easy-to-prepare options that save time and effort. Also,
advancements in logistics technology, such as improved cold chain systems and
efficient delivery networks, have enhanced the availability and freshness of
these products. The rise of quick commerce platforms has further accelerated
this trend by offering rapid delivery services. Also, the growing preference
for health-conscious choices has led to a surge in demand for organic,
gluten-free, and low-sugar packaged options. These factors contribute to the
robust growth of the packaged foods and beverages segment in the online grocery
delivery market.
Based on the
region, Eastern is the fastest-growing region in the Saudi Arabia Online
Grocery Delivery market, driven by the adoption of subscription-based models
has gained traction. Customers in cities like Dammam are increasingly opting
for weekly deliveries of essential commodities, reflecting a shift towards more
consistent and convenient grocery shopping habits. Also,
the Eastern Region benefits from a growing urban population and increased
internet penetration, facilitating the adoption of online grocery services.
These factors collectively contribute to the region's leading position in the
Saudi online grocery delivery market.
Major companies
operating in the Saudi Arabia Online Grocery Delivery market are:
- Nana
Direct
- LuLu Hypermarket
- Noon AD Holdings One Person Company
- Talabat
- Shgardi
- Zepto Marketplace Private Limited
- Reliance Retail Limited
- Fresh Direct, LLC
- Swiggy Limited
- Fiora Online Limited
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“The Saudi
Arabia Online Grocery Delivery market is expected to grow in the future owing to
the largely driven by its young, tech-savvy population. Over 60% of the
country's population is under 35 years old, making it one of the youngest in
the region. This demographic is highly engaged with digital technologies, with
widespread smartphone usage and high internet penetration facilitating the
adoption of online grocery shopping platforms. The convenience of ordering
groceries via mobile apps aligns with the fast-paced lifestyles of young
consumers, who seek time-saving solutions. Also, the government's Vision 2030
initiative, which emphasizes digital transformation, has further accelerated
the growth of e-commerce, including online grocery delivery services. This
combination of a youthful, tech-savvy population and supportive digital
infrastructure is propelling the expansion of the online grocery delivery
market in Saudi Arabia., said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
Saudi Arabia Online
Grocery Delivery Market By Product Category (Fresh Products, Household
Products, Packaged Food & Beverages, Personal Care, Others), By Platform (Mobile
Application, Desktop Website), By Mode of Payment (Pre Delivery Online Payment,
Card on Delivery, Cash on Delivery), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Saudi
Arabia Online Grocery Delivery market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in
the Saudi Arabia Online Grocery Delivery market.
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