Online Grocery Market Share, Size, Growth, Industry Report and Future Scope by 2026
According to the latest report by IMARC Group, titled “Online Grocery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global online grocery market expected to grow at a CAGR of around 25% during 2021-2026
Online grocery represents the purchase of fresh and packaged products through various e-commerce platforms. These products include fresh fruits and vegetables, cereals, dairy, drinks, snacks, meat, seafood, cooking essentials, etc. Online grocery portals offer tracking of the entire delivery process, selection of delivery slots, flexible payment options, access to a wide variety of products, etc. Owing to this, they are becoming widely popular, particularly among the urbanized and millennial population.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Online Grocery Market Trends:
The rising utilization of smart devices and the growing penetration of internet connectivity are primarily driving the online grocery market. Furthermore, the hectic work schedules of consumers and the expanding working population are also catalyzing the market growth. Apart from this, the increasing popularity of e-commerce platforms and the shifting consumer preferences towards hassle-free shopping experiences are augmenting the global market. Moreover, the escalating adoption of online sales channels by supermarket chains and their elevating efforts to cater to customer needs and ease their shopping experiences are further bolstering the market growth. Besides this, the widespread consumer awareness regarding the several benefits provided by online grocery channels, including express delivery options, accessible payment gateways, cashbacks, discounts, etc., is acting as another significant growth-inducing factor. Additionally, the increasing penetration of advanced technologies, such as Big Data, IoT, AI, predictive analytics, etc., for providing customers with a personalized shopping experience is projected to stimulate the online grocery market over the forecasted period.
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Global Online Grocery Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Amazon, Carrefour Hypermarches (Carrefour), Costco Wholesale Corporation, Edeka Zentrale AG & Co. Kg, Fresh Direct LLC, Happyfresh, Peapod LLC (Koninklijke Ahold Delhaize N.V.), Reliance Retail Limited (Reliance Industries Limited), Safeway Inc. (Albertsons Investor Holdings LLC), Schwan Food Company, Shopfoodex Co Inc., Tesco PLC, The Kroger Co. , Walmart Inc. and Wm Morrison Supermarkets PLC.
The report has segmented the market on the basis on region, product type, business model, platform and purchase type.
Breakup by Product Type:
Vegetables and Fruits
Dairy Products
Staples and Cooking Essentials
Snacks
Meat and Seafood
Others
Breakup by Business Model:
Pure Marketplace
Hybrid Marketplace
Others
Breakup by Platform:
Web-Based
App-Based
Breakup by Purchase Type:
One-Time
Subscription
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization
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