Saudi Arabia online grocery
delivery market is projected to show a robust growth with an impressive CAGR in
the forecast years, 2022-2026. The market growth attributes to the growing
demand of online shopping preferences of the consumer in the recent years.
Moreover, the availability of the multiple online resources and their up to
mark delivery services has strengthen the competition and driving the growth of
the Saudi Arabia online grocery delivery market in the upcoming five years.
Moreover, the availability of the various products and services on the online
portals as well as the possibility of the comparing the quantity, prices, and
quality of the products and services is further aiding the growth of the Saudi
Arabia online grocery delivery market in the next five years. The historical
years saw budding online portals delivering only food items and major utility
products, in the recent trends, be it daily grocery, beauty and maintenance
services, etc. almost every possible demand is fulfilled through online
delivery, the factor is directly affecting the growth of the Saudi Arabia
online grocery delivery market in the forecast years until 2026. Online grocery
delivery service providers have made is easier and more convenient for the
consumers to avoid physical payments, long queues for their product or service
billing and the hassle to find the most affordable prices. Sitting at home,
consumers can verify the quality and prices of their demanded product/ service
and enjoy the 24x7 delivery services. Furthermore, the advancements like
free-home delivery, easier user interface applications, round the clock
delivery services, and exciting offers are further aiding to the growth of
Saudi Arabia online grocery delivery market.
The Saudi Arabia online
grocery delivery market is segmented by product category, platform, payment
mode, regional distribution, and competitional analysis. Based on product
category, the market is further bifurcated into fresh foods, household
products, packaged foods & beverages, personal care, and others. Packaged
foods & beverages are anticipated to dominate the market in the upcoming
five years on the account of surge in the demand from the working population of
the country. The busy lifestyle and accessibility to the convenience delivery
is driving the growth of the market in the next five years. Fresh foods are
also expected to register significant growth in the market on the backbone of
availability of the fresh meat, fresh vegetables, fresh fruits, etc. to the
consumers. Multiple market players have flooded the market claiming the
farmer’s market fresh products frozen and supplied with utmost care such that
nutrient content of the food item is not disrupted, thereby further aiding to
the growth of the Saudi Arabia online grocery delivery market.
A partial list of market
player in the Saudi Arabia online grocery delivery market includes Nana Direct,
Quix, Khodar & More, Lulu Hypermarket KSA, Noon, Talabat, Haseel, Shgardi, Jumlaty,
Qava Shop, Freshvery, Mandarine, Suqiakum, ZAD, Qareeb Technology FZ-LLC, among
others. These market players hold larger shares of the market than the new
market players. With the evolving technology, it is appropriate to say that the
effective research and development of the technologically advanced devices and
effective services would support the market growth and benefit the market
players as well as the consumers. New market players may focus on the research
and development to provide smart devices and smart services that satisfies the
consumer demand as well as benefits the market players in building their brand
value. Other competitive strategies include mergers & acquisitions and new
product developments.
Years considered
for this report:
Historical Years: 2016 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2026
Objective of the Study:
- To analyze the historical
growth of the market size of Saudi Arabia online grocery delivery market
from 2016 to 2019.
- To estimate and forecast the market size of Saudi
Arabia online grocery delivery market from 2020 to 2026 and growth rate
until 2026.
- To classify and forecast Saudi Arabia online grocery delivery
market based on product category, platform, payment mode, competitional
landscape, and regional distribution.
- To identify dominant region or segment in the Saudi
Arabia online grocery delivery market.
- To identify drivers and challenges for Saudi
Arabia online grocery delivery market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Saudi
Arabia online grocery delivery market.
- To identify and analyze
the profile of leading players operating in Saudi Arabia online grocery delivery market.
- To identify key sustainable strategies adopted
by market players in Saudi Arabia online grocery delivery market.
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TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of service providers, suppliers, and distributors
across the country. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. Through this technique, TechSci Research
could include the manufactures which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the service
dealers, distribution channels and presence of all major players across the
country.
TechSci Research calculated the market
size of Saudi Arabia online
grocery delivery market
using a bottom-up approach, wherein data for various end-user segments was
recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analyzing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company websites, news articles, press releases, company annual
reports, investor presentations and financial reports were also studied by
TechSci Research.
Key
Target Audience:
- Service providers, end users, and other stakeholders
- Distributers and suppliers of the products and other
stakeholders
- Organizations, forums, and alliances related to online
grocery delivery
- Market research and consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as service providers, suppliers, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Saudi Arabia online grocery delivery market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Saudi Arabia Online Grocery
Delivery Market, By Product Category:
o Fresh Foods
o Household Products
o Packaged Foods & Beverages
o Personal Care
o Others
- Saudi Arabia Online Grocery
Delivery Market, By Platform:
- Mobile Application
- Desktop Website
- Saudi Arabia Online Grocery
Delivery Market, By Mode of Payment:
- Pre Delivery Online Payment
- Card on Delivery
- Cash on Delivery
- Saudi Arabia Online Grocery
Delivery Market, By Region:
- Western
- Eastern
- Northern & Central
- Southern
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia online grocery delivery market.
Available Customizations:
With the given market data, TechSci
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).
Saudi Arabia Online Grocery
Delivery 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]