Online Grocery Market Synopsis
Online Grocery Market Size Was Valued at USD 258.6 Billion in 2023, and is Projected to Reach USD 861.08 Billion by 2032, Growing at a CAGR of 14.3% From 2024-2032.
Online grocery shopping is the act of ordering food and household goods using mobile applications or web-based platforms, then having them delivered right to the customer's door. Customers can use it to browse, pick, and buy goods from a variety of products that are offered on digital platforms by supermarkets, specialty online grocery stores, and grocery merchants. Online grocery shopping is becoming more and more popular among customers, especially in urban areas, because it is convenient, time-saving, and allows for comfortable shopping from home. Convenience, time savings, accessibility, a large product selection, personalization, flexible delivery options, cost savings, and contactless shopping are just a few advantages that come with online grocery shopping for customers. Because it removes the need to visit actual stores, it's perfect for people with busy schedules, families, the elderly, and those who has mobility issues.
Target Audience of the Global Online Grocery Market in Market Study:
- Key Consulting Companies & Advisors
- Key manufacturers
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers
- Third-party knowledge providers
- Investment bankers
- Investors
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Within the scope
Online orders for domestic goods, fresh food and beverages, and personal care products are delivered straight to the customer, regardless of whether they were placed through a retailer's website or a platform like Instacart.
A retailer handles both the ordering and delivery of groceries online (e.g., Walmart)
Online orders that can be picked up at the grocery store (like Instacart) or that run delivery logistics and ghost warehouses (like Flink)
Online orders for recipe boxes (like HelloFresh) with preportioned components
Out Of Scope
Orders over the phone
meals that are cooked and delivered for immediate consumption (such as meal delivery)
Some of the key players profiled in the Endoscopy Devices Market include
- Amazon (US)
- Whole Foods Market (US)
- Meijer (US)
- Walmart (US)
- Instacart (US)
- Shipt (US)
- FreshDirect (US)
- Kroger (US)
- Lidl (Germany)
- EDEKA Group (Germany)
- Rewe Group (Germany)
- Tesco PLC (UK)
- Ocado Group (UK)
- Sainsbury's (UK)
- Asda (UK)
- Carrefour (France)
- Ahold Delhaize (Netherlands)
- Alibaba Group (China)
- JD.com (China)
- BigBasket (India)
- Reliance Retail (India)
- Rakuten (Japan)
- Coles Group (Australia)
- Woolworths Group (Australia), and other major players
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Main Advantages For Parties Involved
In order to determine the dominant online grocery market potential, this study offers a quantitative analysis of the market segments, current trends, estimations, and dynamics of the online grocery market analysis from 2022 to 2032.
Online grocery market data are used to provide information on opportunities, constraints, and major drivers in addition to the market research.
Porter's five forces study emphasizes how powerful suppliers and buyers can be in helping stakeholders forge profitable business decisions and build stronger supplier-buyer networks.
Determining the current market prospects is aided by a thorough examination of the online grocery market segmentation.
Each region's major nations are mapped based on how much money they bring in from the worldwide market.
Market player positioning makes it easier to benchmark and gives a clear picture of the current position of the market players.
Global Online Grocery Market report also contains analysis on:
By Product Type
- Fresh Produce
- Packaged Foods
- Frozen Foods
- Beverages
- Household Essentials
By Platform
- Application
- Website
By Distribution Channel
- Instant Delivery
- Schedule Delivery
- Click and Collect
By Region
- North America (U.S., 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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Sectional Summary
The market forecast for online groceries based on product category, delivery method, and geography. The market is divided into product categories such as fresh produce, baking and confectionery, dairy goods, breakfast and cereal, RTE meals, snacks and beverages, beauty and personal care, baby food and care, and pet food and care. The market is divided into two categories: scheduled delivery and quick delivery. The market is examined by region, covering North America (the United States, Canada, Mexico), Asia-Pacific (China, India, Japan, Australia, South Korea, and the Rest of Europe), Europe (Germany, France, UK, Russia, Spain, Italy, and Rest of Asia-Pacific), and Latin America (Brazil, South Africa, Saudi Arabia, UAE, Argentina, and Rest of LAMEA).
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