The Online Grocery Shopping Market size was valued at USD 348.15 billion in 2022 and the total Online Grocery Shopping Market revenue is expected to grow at a CAGR of 25.23 % from 2023 to 2029, reaching nearly USD 1681.61 billion.
Online Grocery Shopping Market Report Overview:
The document offers a comprehensive overview of the major participants in the Online Grocery Shopping market, encompassing a detailed examination of their expansion tactics, production facilities and capabilities, global footprint, and range of products. Additionally, it presents a foundational assessment of the Online Grocery Shopping market, delving into the factors propelling its growth, the opportunities available, emerging trends, and the constraints influencing the market.
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Online Grocery Shopping Market Report Scope and Research Methodology:
The objective of the Online Grocery Shopping market report is to assess the current and anticipated market conditions comprehensively. It presents a global overview of demand, revenue generation, sales, and revenue statistics. The report strategically categorizes various segments to assist clients in comprehending the distinct growth drivers that are expected to be consistent throughout the Online Grocery Shopping industry. Furthermore, it profiles key players in the Online Grocery Shopping sector, encompassing market leaders, new participants, and followers. The report offers insightful details on development factors and employs a meticulous top-down and bottom-up approach to ensure precision. MMR's Online Grocery Shopping market report is the outcome of a study employing diverse methodologies, including PESTEL, PORTER, and SWOT analyses.
Online Grocery Shopping Market Dynamics
The Online Grocery Shopping Market is experiencing significant growth driven by a confluence of factors. Consumer behavior has shifted towards more convenient and safe shopping experiences, especially in the wake of the COVID-19 pandemic. The ability to purchase groceries from the comfort of one's home and have them delivered at a preferred time has become increasingly attractive. This convenience is further amplified by the competitive landscape, with both traditional offline retailers and new entrants vying for a share of the online market space.
The proliferation of the Internet and affordable data plans has expanded Internet accessibility, enabling a broader customer base to engage in online shopping. The elimination of costs associated with physical stores, such as rent and maintenance, makes online grocery businesses more economical to establish. Geographical barriers are also surmounted, as online stores can reach a wider area with an efficient supply chain. The availability of round-the-clock operations caters to diverse consumer lifestyles. Trust in online platforms, improved hygiene practices, and contactless delivery options have allayed concerns regarding food safety. Consumer confidence in purchasing perishable items online has surged.
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Online Grocery Shopping Market Segmentation:
by Product Type
Fresh Produce
Breakfast & Dairy
Snacks & Beverages
Meat & Seafood
Staples & Cooking Essentials
Others
by Payment Method
Online
Offline (Cash on Delivery)
by End User
Individual
Distributors
Others
Online Grocery Shopping Market Key Players:
1. AEON Co., Ltd.
2. Aldi
3. Alibaba Group
4. Amazon India Pvt. Ltd.
5. Avenue Supermarts Ltd.
6. Best Buy Co. Inc.
7. Blinkit (formerly Grofers)
8. Carrefore S.A.
9. Costco Wholesale Corporation
10. Edeka Group
11. Fresh Direct LLC
12. Godrej Nature's Basket Ltd.
13. Honestbee
14. Instacart
15. JD.com, Inc.
16. Natures Basket Limited.
17. Paytm E-Commerce Pvt. Ltd. (Paytm Mall)
18. Peapod LLC
19. Publix Super Markets Inc.
20. Rakuten
21. Reliance Retail Ltd. (Reliance Fresh)
22. Safeway Inc.
23. Spencer's Retail
24. Supermarket Grocery Supplies Pvt. Ltd. (Big Basket)
25. Target Corporation
26. Tesco PLC
27. The Kroger Co.
28. UrDoorstep eRetail Pvt. Ltd.
29. Walmart
Online Grocery Shopping Market Regional Insights:
The comprehensive analysis of the Online Grocery Shopping industry is explored extensively in the market report, with a breakdown into multiple geographical regions. The study assesses North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East on a regional and country level. Within the report on the Online Grocery Shopping market, a detailed examination of regional markets is conducted to reveal trends, limitations, and potential opportunities specific to each region.
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The Online Grocery Shopping Market Report addresses key inquiries, including:
- Definition of Online Grocery Shopping
• Global statistics on sales, production, consumption, and import-export activities related to Online Grocery Shopping across North America, Europe, Asia-Pacific, South America, the Middle East, and Africa
• Identification of major players in the global Online Grocery Shopping Industry
• Evaluation of the current business status of Online Grocery Shopping market players
• Analysis of market opportunities and constraints for Online Grocery Shopping suppliers in the global Online Grocery Shopping industry
• Exploration of potential growth opportunities for applications, end-users, or product categories within the Online Grocery Shopping market, along with corresponding market shares for each type and application.
Primary Offerings:
- Comprehensive Market Introduction
• Revenue-based Market Share, Size & Projection for 2023−2029
• Dynamics of the Market – Factors Fueling Growth, Limitations, Investment Prospects, and Significant Trends
• In-depth Examination of Market Segments and Sub-segments
• Insights into Different Regions
• Overview of Competition – Leading Key Suppliers and Noteworthy Alternative Suppliers
• Recommendations for the Industry
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