Online Grocery Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Packaged Food & Beverages, Personal Care, Household Products, Fruits & Vegetables, Others (Pet Care, Baby Care, etc.)), By Platform (Mobile Application, Desktop Website) By Region, By Competition, 2018-2018

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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 50.31 Billion

CAGR (2023-2028)

26.91%

Fastest Growing Segment

Packaged Food & Beverages

Largest Market

Asia Pacific

Market Size (2028)

USD 209.23 Billion

Market Overview

Global Online Grocery Market has valued at USD 50.31 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 26.91% through 2028. The global online grocery market has witnessed significant growth and transformation in recent years, driven by the increasing adoption of e-commerce and changing consumer preferences. The convenience of ordering groceries online, coupled with the rise of digital payment systems, has fuelled the expansion of this market. The COVID-19 pandemic further accelerated the shift towards online grocery shopping, as consumers sought safer and more convenient ways to procure essential items.

Key factors contributing to the market's growth include the proliferation of smartphones and internet connectivity, enabling users to browse and order groceries from the comfort of their homes. E-commerce giants and traditional retailers have invested heavily in developing user-friendly platforms and efficient delivery systems to enhance the overall online shopping experience. Additionally, the availability of a wide range of products, competitive pricing, and promotional offers have contributed to the attractiveness of online grocery shopping.

As the market continues to evolve, players are exploring innovative technologies such as artificial intelligence and data analytics to personalize recommendations and optimize supply chain operations. Regional variations in consumer preferences and regulatory environments also influence the competitive landscape of the global online grocery market. Overall, the industry is poised for sustained growth, driven by technological advancements, changing consumer behaviour, and the ongoing integration of online and offline retail channels.

Key Market Drivers

Changing Consumer Preferences and Lifestyles

One of the primary drivers of the global online grocery market is the shift in consumer preferences and lifestyles. Modern consumers, especially in urban areas, are leading increasingly hectic lives, with time becoming a premium commodity. The convenience offered by online grocery shopping aligns perfectly with the demands of busy individuals and families. The ability to browse, select, and order groceries from the comfort of one's home or on-the-go via smartphones has become a game-changer.

Additionally, changing demographics, including the rise of dual-income households and the growing influence of tech-savvy millennials, have contributed to the preference for online grocery shopping. These consumers value time efficiency and seek convenient solutions to fulfil their everyday needs. As a result, online grocery platforms have become a preferred choice for those looking to streamline their shopping experience and reduce the time spent on traditional grocery trips.

Technological Advancements and E-commerce Integration

The continuous advancement of technology has significantly impacted the online grocery market. The integration of e-commerce platforms with cutting-edge technologies has enhanced the overall shopping experience, making it more seamless and user-friendly. Mobile applications, intuitive websites, and user interfaces have been developed to simplify the online grocery shopping process, making it accessible to a broader audience.

Artificial intelligence (AI) and data analytics play a crucial role in personalizing the online shopping experience. AI algorithms analyse user preferences, purchase history, and browsing patterns to provide tailored product recommendations. This not only improves customer satisfaction but also helps online grocery retailers optimize their product offerings and marketing strategies.

Furthermore, advancements in logistics and supply chain technologies contribute to efficient order fulfilment and timely delivery. Real-time tracking, route optimization, and inventory management systems ensure that customers receive their orders promptly, reinforcing the reliability and attractiveness of online grocery shopping.

Impact of the COVID-19 Pandemic

The global COVID-19 pandemic acted as a catalyst for the online grocery market, accelerating the adoption of e-commerce in the grocery sector. Lockdowns, social distancing measures, and health concerns prompted a surge in online shopping across various industries, including groceries. Consumers, adhering to safety protocols, turned to online platforms to fulfil their essential needs, and this shift in behaviour has persisted beyond the immediate crisis.

Online grocery platforms experienced a surge in demand, leading to increased investments in digital infrastructure and the expansion of delivery networks. Many consumers who initially experimented with online grocery shopping during the pandemic found the experience convenient and continued to embrace this mode of shopping even as restrictions eased. The pandemic served as a wake-up call for the industry, highlighting the importance of a robust online presence and resilient supply chains.

Global Expansion and Market Competitiveness

The global online grocery market is characterized by intense competition, with both traditional retailers and e-commerce giants vying for market share. Companies are expanding their reach across borders to tap into new consumer bases and capitalize on the growing trend of cross-border e-commerce. The globalization of online grocery services is facilitated by advancements in logistics, international shipping, and digital payment systems.

Major players in the online grocery sector are engaging in strategic partnerships, mergers, and acquisitions to strengthen their market position and diversify their offerings. Collaborations with local suppliers and producers help these platforms cater to regional preferences and offer a diverse range of products. Market competitiveness drives innovation, with companies investing in technology and customer-centric strategies to stay ahead in the rapidly evolving landscape.

In conclusion, the global online grocery market is propelled by the convergence of changing consumer preferences, technological innovations, the lasting impact of the COVID-19 pandemic, and the competitive dynamics of the industry. As these drivers continue to shape the market, online grocery platforms are likely to witness sustained growth, further integration of advanced technologies, and an ongoing quest for market leadership in a rapidly evolving landscape.



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Key Market Challenges

Supply Chain Complexity and Fulfillment

Online grocery retailers face intricate challenges in managing and optimizing their supply chains. The perishable nature of many grocery items requires efficient inventory management, precise order fulfillment, and reliable last-mile delivery. Coordinating these aspects in a timely and cost-effective manner poses a significant challenge. Moreover, fluctuations in demand, seasonal variations, and unexpected disruptions, such as natural disasters or global events (e.g., the COVID-19 pandemic), can disrupt the supply chain and lead to delays in delivery.

The need for temperature-controlled storage and transportation for certain products adds an additional layer of complexity, increasing costs and logistical challenges. Balancing inventory levels to meet demand without overstocking or running out of popular items is an ongoing struggle for online grocery retailers.

Consumer Trust and Quality Concerns

Trust is paramount in the online grocery sector, where consumers rely on accurate product descriptions, quality assurances, and timely deliveries. Concerns about the freshness and quality of perishable items, such as fruits, vegetables, and meats, can deter consumers from making repeat online grocery purchases. Negative experiences, such as receiving products close to expiration or damaged during transit, can erode trust and lead to customer dissatisfaction.

Building and maintaining consumer trust requires transparent communication, reliable quality control measures, and a commitment to addressing customer concerns. Online grocery platforms must invest in stringent quality assurance processes and effective communication strategies to assure customers of the freshness and authenticity of their products.

Profitability and Pricing Strategies

Achieving profitability in the online grocery market can be challenging due to factors such as thin profit margins, fierce competition, and the need for substantial investments in technology, logistics, and marketing. Offering competitive pricing while maintaining service quality and covering operational costs is a delicate balance that many online grocery retailers struggle to achieve.

Price wars among competitors, coupled with the cost of last-mile delivery and other logistical challenges, can squeeze profit margins. Moreover, consumers are often price-sensitive and may be swayed by discounts and promotions, making it challenging for online grocery platforms to maintain sustainable pricing strategies. Achieving profitability often requires a long-term perspective, strategic partnerships, and ongoing efforts to enhance operational efficiency.

Digital Inclusion and Accessibility

Despite the widespread adoption of digital technologies, concerns about digital inclusion and accessibility persist. Not all consumers have equal access to reliable internet connectivity or the necessary devices for seamless online grocery shopping. This digital divide can exclude certain demographic groups, particularly in less developed regions or among elderly populations, from participating in the online grocery market.

Additionally, the user interfaces of online grocery platforms may not be user-friendly for everyone, potentially excluding individuals with limited digital literacy. Bridging the digital divide and ensuring that online grocery services are accessible to a diverse range of consumers require proactive efforts, including education, outreach programs, and the development of user-friendly interfaces.

Regulatory and Compliance Challenges

The online grocery market operates in a regulatory environment that is still evolving to address the unique challenges posed by digital platforms. Regulations related to food safety, labeling, data privacy, and cross-border transactions vary across regions and countries. Online grocery retailers must navigate complex regulatory frameworks, adapting their operations to comply with diverse requirements.

Additionally, the collection and management of customer data for personalized services raises concerns about data privacy and security. Compliance with evolving regulations, including those related to e-commerce, data protection, and environmental sustainability, adds a layer of complexity to the business operations of online grocery platforms.

In conclusion, the global online grocery market faces a range of challenges, from intricate supply chain dynamics and consumer trust issues to the pursuit of profitability and compliance with diverse regulations. Successfully overcoming these challenges requires strategic planning, investments in technology and infrastructure, and a customer-centric approach that addresses the evolving needs and concerns of online grocery shoppers. As the industry continues to mature, addressing these challenges will be essential for sustained growth and market resilience.

Key Market Trends

Rapid Adoption of Omnichannel Strategies

One prominent trend in the online grocery market is the rapid adoption of omnichannel strategies by retailers. Omnichannel refers to a seamless integration of various shopping channels, including online platforms, mobile apps, and physical stores, providing consumers with a unified shopping experience. This approach recognizes that consumers often use a combination of online and offline channels throughout their shopping journey.

Online grocery retailers and traditional brick-and-mortar stores are increasingly leveraging omnichannel strategies to offer customers flexibility and convenience. For example, retailers may provide options for online ordering with in-store pickup or enable customers to order through a mobile app while still shopping in-store. This trend not only enhances the overall customer experience but also allows retailers to maximize their reach and cater to a broader audience.

As part of omnichannel strategies, some online grocery platforms are also exploring partnerships with third-party delivery services, enabling them to extend their delivery reach and offer faster and more flexible delivery options to customers.

Focus on Sustainable and Ethical Practices

Sustainability and ethical practices have become prominent considerations for modern consumers, and this trend is significantly impacting the online grocery market. Consumers are increasingly seeking products that align with their values, including those related to environmental sustainability, ethical sourcing, and social responsibility. Online grocery retailers are responding to this demand by emphasizing transparency in their supply chains and offering eco-friendly and responsibly sourced products.

Some key initiatives include reducing packaging waste, promoting locally sourced products to reduce carbon footprints, and providing information on the ethical treatment of workers and animals in the production process. This trend not only reflects a growing awareness among consumers but also positions online grocery platforms as responsible and socially conscious entities in the eyes of their customers.

As sustainability becomes a more central consideration in purchasing decisions, online grocery retailers are likely to continue integrating environmentally friendly practices into their operations, from sourcing to packaging and delivery.

Integration of Artificial Intelligence and Personalization

The integration of artificial intelligence (AI) and machine learning technologies is a transformative trend in the online grocery market. AI is being used to enhance the overall customer experience by providing personalized recommendations, streamlining the shopping process, and optimizing supply chain operations. Machine learning algorithms analyze customer behavior, preferences, and purchase history to offer targeted product suggestions, promotions, and discounts.

Personalization not only improves customer satisfaction but also contributes to increased sales and customer loyalty. Online grocery platforms are investing in AI-driven technologies to create more intuitive and user-friendly interfaces, making the shopping experience more engaging and efficient. Additionally, AI is applied to optimize inventory management, predict demand, and enhance the efficiency of last-mile delivery, ultimately reducing operational costs and improving overall service quality.

The trend of AI integration is expected to continue evolving, with online grocery retailers exploring new ways to leverage data analytics and machine learning for hyper-personalization and more sophisticated customer engagement.

Expansion of Online Grocery Market in Emerging Markets

While online grocery shopping has gained traction in developed markets, the trend is also expanding rapidly in emerging markets. Increased internet penetration, rising smartphone usage, and a growing middle class in many emerging economies are contributing to the growth of online grocery sales. Online grocery platforms are capitalizing on these opportunities by expanding their services into new geographic regions.

In emerging markets, challenges such as diverse consumer preferences, logistical complexities, and payment infrastructure issues need to be addressed. Online grocery retailers are adapting their business models to cater to local needs, partnering with local suppliers, and investing in localized marketing strategies. This trend represents a significant growth opportunity for the global online grocery market, as it taps into the increasing digitalization of retail in emerging economies.

In conclusion, the global online grocery market is characterized by dynamic trends, including the adoption of omnichannel strategies, a focus on sustainability, the integration of artificial intelligence for personalization, and the expansion of online grocery services in emerging markets. As these trends continue to shape the industry, online grocery retailers must remain agile and innovative to meet evolving consumer expectations and stay competitive in this rapidly evolving market.

Segmental Insights

Type Insights

The packaged food and beverages segment is experiencing robust growth within the broader packaged food industry. Consumer preferences for convenience, busy lifestyles, and increased urbanization contribute to the rising demand for packaged food and beverages. Ready-to-eat meals, snacks, and on-the-go beverages offer convenience, time savings, and portability, aligning with the contemporary pace of life. The sector benefits from innovations in packaging technology, allowing for improved shelf life, freshness preservation, and enhanced portability. Moreover, the expansion of e-commerce and online grocery platforms further accelerates the accessibility of packaged food and beverages to a broader consumer base. As consumer preferences continue to evolve, this segment is poised for sustained growth, driven by a combination of convenience, diverse product offerings, and evolving market dynamics.

Platform Insights

The integration of mobile applications is becoming a growing segment within the packaged food and beverages industry, transforming the way consumers discover, purchase, and engage with food products. Mobile apps offer convenience by providing users with instant access to a vast array of packaged food and beverage options, enabling quick and personalized shopping experiences. Features like digital menus, loyalty programs, and personalized recommendations enhance user engagement and foster brand loyalty. Additionally, mobile apps facilitate seamless ordering and delivery services, catering to the increasing demand for on-the-go and contactless transactions. As technology continues to advance, the mobile application segment is expected to play an increasingly significant role in shaping consumer interactions with packaged food and beverages, creating new opportunities for brands to connect with their target audiences.



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Regional Insights

Asia Pacific stands as the dominating region in the packaged food and beverages industry, driven by a combination of population growth, urbanization, and changing consumer lifestyles. The region's diverse and dynamic markets, including China, India, and Southeast Asia, showcase a rising middle class with increasing disposable incomes, fostering a surge in demand for convenient and packaged food options. Rapid urbanization has led to busier lifestyles, boosting the preference for ready-to-eat and on-the-go packaged products. Additionally, the influence of Western eating habits, coupled with a growing awareness of health and wellness, is shaping consumer choices. Multinational and local companies are actively innovating to cater to diverse tastes and preferences in this thriving market, making Asia Pacific a powerhouse in the global packaged food and beverages landscape.

Recent Developments

  • In March 2022, Instacart unveiled "The Instacart Platform," a collection of enterprise-grade technology aimed at revolutionizing the grocery sector. With this new solution, Instacart hopes to empower shops while also improving the consumer experience by catering to a variety of buying tastes.
  • In November 2021, Amazon combined its grocery shops, Fresh and Pantry, into a single unified store, Amazon Fresh. Customers in over 300 places in India may now shop at this integrated store. Amazon hopes to give an all-in-one online destination by combining these services, giving great pricing, diversified items, and quick, simple delivery alternatives.

Key Market Players

  • Aeon Co., Ltd.
  • Alibaba.com.
  • Amazon.com, Inc.
  • Blink Commerce Private Limited
  • JD.com, Inc.
  • Natures Basket Limited.
  • Reliance Retail.
  • Target Brands, Inc.
  • Tesco.com
  • The Kroger Co.


 

By Type

 

By Platform

 

By Region
  • Packaged Food & Beverages
  • Personal Care
  • Household Products
  • Fruits & Vegetables
  • Others
  • Mobile Application
  • Desktop Website
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Online Grocery Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Online Grocery Market, By Type:

o   Packaged Food & Beverages

o   Personal Care

o   Household Products

o   Fruits & Vegetables

o   Others

  • Online Grocery Market, By Platform:

o   Mobile Application

o   Desktop Website

  • Online Grocery Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

§  Indonesia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

o   South America

§  Argentina

§  Colombia

§  Brazil

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Online Grocery Market.

Available Customizations:

Global Online Grocery Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Online Grocery Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.      Introduction

1.1.   Product Overview

1.2.   Key Highlights of the Report

1.3.   Market Coverage

1.4.   Market Segments Covered

1.5.   Research Tenure Considered

2.      Research Methodology

2.1.   Objective of the Study

2.2.   Baseline Methodology

2.3.   Key Industry Partners

2.4.   Major Association and Secondary Sources

2.5.   Forecasting Methodology

2.6.   Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.      Executive Summary         

3.1.   Market Overview

3.2.   Market Forecast

3.3.   Key Regions

3.4.   Key Segments

4.      Voice of Customer

4.1.   Frequency of Ordering

4.2.   Preferred Mode of Buying

4.3.   Factors Affecting Purchase Decision

4.4.   Challenges Faced Post Purchase

4.5.   Brand Awareness

5.      Global Online Grocery Market Outlook

5.1.   Market Size & Forecast

5.1.1.      By Value

5.2.   Market Share & Forecast

5.2.1.      By Type Market Share Analysis (Packaged Food & Beverages, Personal Care, Household Products, Fruits & Vegetables, Others (Pet Care, Baby Care, etc.))

5.2.2.      By Platform Market Share Analysis (Mobile Application, Desktop Website)

5.2.3.      By Regional Market Share Analysis

5.2.3.1.           North America Market Share Analysis

5.2.3.2.           Europe Market Share Analysis

5.2.3.3.           Asia-Pacific Market Share Analysis

5.2.3.4.           Middle East & Africa Market Share Analysis

5.2.3.5.           South America Market Share Analysis

5.2.4.      By Top 5 Companies Market Share Analysis, Others (2022)

5.3.   Global Online Grocery Market Mapping & Opportunity Assessment

5.3.1.      By Type Market Mapping & Opportunity Assessment

5.3.2.      By Platform Market Mapping & Opportunity Assessment

5.3.3.      By Regional Market Mapping & Opportunity Assessment

6.      North America Online Grocery Market Outlook

6.1.   Market Size & Forecast

6.1.1.      By Value

6.2.   Market Share & Forecast

6.2.1.      By Type Market Share Analysis

6.2.2.      By Platform Market Share Analysis

6.2.3.      By Country Market Share Analysis

6.2.3.1.           United States Online Grocery Market Outlook

6.2.3.1.1.                Market Size & Forecast

6.2.3.1.1.1. By Value

6.2.3.1.2.                Market Share & Forecast

6.2.3.1.2.1. By Type Market Share Analysis

6.2.3.1.2.2. By Platform Market Share Analysis

6.2.3.2.           Canada Online Grocery Market Outlook

6.2.3.2.1.                Market Size & Forecast

6.2.3.2.1.1. By Value

6.2.3.2.2.                Market Share & Forecast

6.2.3.2.2.1. By Type Market Share Analysis

6.2.3.2.2.2. By Platform Market Share Analysis

6.2.3.3.           Mexico Online Grocery Market Outlook

6.2.3.3.1.                Market Size & Forecast

6.2.3.3.1.1. By Value

6.2.3.3.2.                Market Share & Forecast

6.2.3.3.2.1. By Type Market Share Analysis

6.2.3.3.2.2. By Platform Market Share Analysis

7.      Europe Online Grocery Market Outlook

7.1.   Market Size & Forecast         

7.1.1.      By Value

7.2.   Market Share & Forecast

7.2.1.      By Type Market Share Analysis

7.2.2.      By Platform Market Share Analysis

7.2.3.      By Country Market Share Analysis

7.2.3.1.           France Online Grocery Market Outlook

7.2.3.1.1.                Market Size & Forecast

7.2.3.1.1.1. By Value

7.2.3.1.2.                Market Share & Forecast

7.2.3.1.2.1. By Type Market Share Analysis

7.2.3.1.2.2. By Platform Market Share Analysis

7.2.3.2.           United Kingdom Online Grocery Market Outlook

7.2.3.2.1.                Market Size & Forecast

7.2.3.2.1.1. By Value

7.2.3.2.2.                Market Share & Forecast

7.2.3.2.2.1. By Type Market Share Analysis

7.2.3.2.2.2. By Platform Market Share Analysis

7.2.3.3.           Italy Online Grocery Market Outlook

7.2.3.3.1.                Market Size & Forecast

7.2.3.3.1.1. By Value

7.2.3.3.2.                Market Share & Forecast

7.2.3.3.2.1. By Type Market Share Analysis

7.2.3.3.2.2. By Platform Market Share Analysis

7.2.3.4.           Germany Online Grocery Market Outlook

7.2.3.4.1.                Market Size & Forecast

7.2.3.4.1.1. By Value

7.2.3.4.2.                Market Share & Forecast

7.2.3.4.2.1. By Type Market Share Analysis

7.2.3.4.2.2. By Platform Market Share Analysis

7.2.3.5.           Spain Online Grocery Market Outlook

7.2.3.5.1.                Market Size & Forecast

7.2.3.5.1.1. By Value

7.2.3.5.2.                Market Share & Forecast

7.2.3.5.2.1. By Type Market Share Analysis

7.2.3.5.2.2. By Platform Market Share Analysis

8.      Asia-Pacific Online Grocery Market Outlook

8.1.   Market Size & Forecast         

8.1.1.      By Value

8.2.   Market Share & Forecast

8.2.1.      By Type Market Share Analysis

8.2.2.      By Platform Market Share Analysis

8.2.3.      By Country Market Share Analysis

8.2.3.1.           China Online Grocery Market Outlook

8.2.3.1.1.                Market Size & Forecast

8.2.3.1.1.1. By Value

8.2.3.1.2.                Market Share & Forecast

8.2.3.1.2.1. By Type Market Share Analysis

8.2.3.1.2.2. By Platform Market Share Analysis

8.2.3.2.           India Online Grocery Market Outlook

8.2.3.2.1.                Market Size & Forecast

8.2.3.2.1.1. By Value

8.2.3.2.2.                Market Share & Forecast

8.2.3.2.2.1. By Type Market Share Analysis

8.2.3.2.2.2. By Platform Market Share Analysis

8.2.3.3.           Japan Online Grocery Market Outlook

8.2.3.3.1.                Market Size & Forecast

8.2.3.3.1.1. By Value

8.2.3.3.2.                Market Share & Forecast

8.2.3.3.2.1. By Type Market Share Analysis

8.2.3.3.2.2. By Platform Market Share Analysis

8.2.3.4.           Australia Online Grocery Market Outlook

8.2.3.4.1.                Market Size & Forecast

8.2.3.4.1.1. By Value

8.2.3.4.2.                Market Share & Forecast

8.2.3.4.2.1. By Type Market Share Analysis

8.2.3.4.2.2. By Platform Market Share Analysis

8.2.3.5.           South Korea Online Grocery Market Outlook

8.2.3.5.1.                Market Size & Forecast

8.2.3.5.1.1. By Value

8.2.3.5.2.                Market Share & Forecast

8.2.3.5.2.1. By Type Market Share Analysis

8.2.3.5.2.2. By Platform Market Share Analysis

8.2.3.6.           Indonesia Online Grocery Market Outlook

8.2.3.6.1.                Market Size & Forecast

8.2.3.6.1.1. By Value

8.2.3.6.2.                Market Share & Forecast

8.2.3.6.2.1. By Type Market Share Analysis

8.2.3.6.2.2. By Platform Market Share Analysis

9.      Middle East & Africa Online Grocery Market Outlook

9.1.   Market Size & Forecast         

9.1.1.      By Value

9.2.   Market Share & Forecast

9.2.1.      By Type Market Share Analysis

9.2.2.      By Platform Market Share Analysis

9.2.3.      By Country Market Share Analysis

9.2.3.1.           South Africa Online Grocery Market Outlook

9.2.3.1.1.                Market Size & Forecast

9.2.3.1.1.1. By Value

9.2.3.1.2.                Market Share & Forecast

9.2.3.1.2.1. By Type Market Share Analysis

9.2.3.1.2.2. By Platform Market Share Analysis

9.2.3.2.           Saudi Arabia Online Grocery Market Outlook

9.2.3.2.1.                Market Size & Forecast

9.2.3.2.1.1. By Value

9.2.3.2.2.                Market Share & Forecast

9.2.3.2.2.1. By Type Market Share Analysis

9.2.3.2.2.2. By Platform Market Share Analysis

9.2.3.3.           UAE Online Grocery Market Outlook

9.2.3.3.1.                Market Size & Forecast

9.2.3.3.1.1. By Value

9.2.3.3.2.                Market Share & Forecast

9.2.3.3.2.1. By Type Market Share Analysis

9.2.3.3.2.2. By Platform Market Share Analysis

9.2.3.4.           Turkey Online Grocery Market Outlook

9.2.3.4.1.                Market Size & Forecast

9.2.3.4.1.1. By Value

9.2.3.4.2.                Market Share & Forecast

9.2.3.4.2.1. By Type Market Share Analysis

9.2.3.4.2.2. By Platform Market Share Analysis

10.  South America Online Grocery Market Outlook

10.1.                Market Size & Forecast

10.1.1.   By Value

10.2.                Market Share & Forecast

10.2.1.   By Type Market Share Analysis

10.2.2.   By Platform Market Share Analysis

10.2.3.   By Country Market Share Analysis

10.2.3.1.        Argentina Online Grocery Market Outlook

10.2.3.1.1.             Market Size & Forecast

10.2.3.1.1.1.                  By Value

10.2.3.1.2.             Market Share & Forecast

10.2.3.1.2.1.                  By Type Market Share Analysis

10.2.3.1.2.2.                  By Platform Market Share Analysis

10.2.3.2.        Colombia Online Grocery Market Outlook

10.2.3.2.1.             Market Size & Forecast

10.2.3.2.1.1.                  By Value

10.2.3.2.2.             Market Share & Forecast

10.2.3.2.2.1.                  By Type Market Share Analysis

10.2.3.2.2.2.                  By Platform Market Share Analysis

10.2.3.3.        Brazil Online Grocery Market Outlook

10.2.3.3.1.             Market Size & Forecast

10.2.3.3.1.1.                  By Value

10.2.3.3.2.             Market Share & Forecast

10.2.3.3.2.1.                  By Type Market Share Analysis

10.2.3.3.2.2.                  By Platform Market Share Analysis

11.  Market Dynamics

11.1.                Drivers

11.2.                Challenges

12.  Impact of COVID-19 on Global Online Grocery Market

12.1.                Impact Assessment Model       

12.1.1.   Key Segments Impacted

12.1.2.   Key Regional Impacted

12.1.3.   Key Countries Impacted

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.                Company Profiles

14.1.1.   Aeon Co., Ltd.

14.1.1.1.        Company Details

14.1.1.2.        Products

14.1.1.3.        Financials (As Per Availability)

14.1.1.4.        Key Market Focus & Geographical Presence

14.1.1.5.        Recent Developments

14.1.1.6.        Key Management Personnel

14.1.2.   Alibaba.com.

14.1.2.1.        Company Details

14.1.2.2.        Products

14.1.2.3.        Financials (As Per Availability)

14.1.2.4.        Key Market Focus & Geographical Presence

14.1.2.5.        Recent Developments

14.1.2.6.        Key Management Personnel

14.1.3.   Amazon.com, Inc.

14.1.3.1.        Company Details

14.1.3.2.        Products

14.1.3.3.        Financials (As Per Availability)

14.1.3.4.        Key Market Focus & Geographical Presence

14.1.3.5.        Recent Developments

14.1.3.6.        Key Management Personnel

14.1.4.   Blink Commerce Private Limited

14.1.4.1.        Company Details

14.1.4.2.        Products

14.1.4.3.        Financials (As Per Availability)

14.1.4.4.        Key Market Focus & Geographical Presence

14.1.4.5.        Recent Developments

14.1.4.6.        Key Management Personnel

14.1.5.   JD.com, Inc.

14.1.5.1.        Company Details

14.1.5.2.        Products

14.1.5.3.        Financials (As Per Availability)

14.1.5.4.        Key Market Focus & Geographical Presence

14.1.5.5.        Recent Developments

14.1.5.6.        Key Management Personnel

14.1.6.   Natures Basket Limited.

14.1.6.1.        Company Details

14.1.6.2.        Products

14.1.6.3.        Financials (As Per Availability)

14.1.6.4.        Key Market Focus & Geographical Presence

14.1.6.5.        Recent Developments

14.1.6.6.        Key Management Personnel

14.1.7.   Reliance Retail.

14.1.7.1.        Company Details

14.1.7.2.        Products

14.1.7.3.        Financials (As Per Availability)

14.1.7.4.        Key Market Focus & Geographical Presence

14.1.7.5.        Recent Developments

14.1.7.6.        Key Management Personnel

14.1.8.   Target Brands, Inc.

14.1.8.1.        Company Details

14.1.8.2.        Products

14.1.8.3.        Financials (As Per Availability)

14.1.8.4.        Key Market Focus & Geographical Presence

14.1.8.5.        Recent Developments

14.1.8.6.        Key Management Personnel

14.1.9.   Tesco.com

14.1.9.1.        Company Details

14.1.9.2.        Products

14.1.9.3.        Financials (As Per Availability)

14.1.9.4.        Key Market Focus & Geographical Presence

14.1.9.5.        Recent Developments

14.1.9.6.        Key Management Personnel

14.1.10.                    The Kroger Co.

14.1.10.1.     Company Details

14.1.10.2.     Products

14.1.10.3.     Financials (As Per Availability)

14.1.10.4.     Key Market Focus & Geographical Presence

14.1.10.5.     Recent Developments

14.1.10.6.     Key Management Personnel

15.  Strategic Recommendations/Action Plan

15.1.                Key Focus Areas

15.2.                Target Type

15.3.                Target Platform

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Online Grocery Market was estimated to be USD 50.31 billion in 2022.

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The major drivers for the global online grocery market include changing consumer preferences favoring convenience, technological advancements enhancing e-commerce capabilities, the profound impact of the COVID-19 pandemic accelerating online adoption, and the competitive landscape driving innovation and expansion strategies among online grocery retailers.

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Major trends in the global online grocery market include the rapid adoption of omnichannel strategies, a focus on sustainable and ethical practices, integration of artificial intelligence for personalization, and the expanding presence of online grocery services in emerging markets, reflecting evolving consumer preferences and industry innovation.

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Major challenges for the global online grocery market include supply chain complexities and fulfillment issues, establishing and maintaining consumer trust, achieving profitability amid thin margins and intense competition, addressing digital inclusion and accessibility concerns, and navigating regulatory and compliance challenges in diverse markets.

Related Reports

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Parvati Sharma

Account Manager BD
Press Release

Online Grocery Market to Grow with a CAGR of 26.91% Globally through 2028

Nov, 2023

The global online grocery market is growing rapidly, driven by rising working population and increasing adoption of digital technologies are key market trends

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