According to the latest report by IMARC Group, titled “Online Grocery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” Offers a comprehensive analysis of the industry, which comprises insights on global online grocery market share. The global online grocery market is expected to exhibit a CAGR of 22.1% during 2022-2027.
Online Grocery Industry Definition and Application:
Online grocery refers to the process of purchasing packaged and fresh, fast-moving consumer goods (FMCG) through web-based platforms. It enables consumers to order from local vendors and several multinational companies. Online grocery platforms offer various benefits, such asa wide range of products at affordable prices and flexible payment options. Currently, online grocery is categorized based on varying product types and platforms.
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Global Online Grocery Market Trends and Drivers:
The rapid outbreak of coronavirus disease (COVID-19) across the globe and consequent lockdowns represents one of the key factors driving the online grocery market growth. In line with this, in order to ensure no-contact delivery in order to curb the virus spread, consumers extensively opted for online shopping to meet their daily grocery needs. Other factors, such as the user-friendly interface of mobile applications and websites of the vendors, rising disposable incomes of the masses, and the steadily expanding e-commerce industry, are creating a positive outlook for the market further.
Global Online Grocery Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
Top Online Grocery Companies Worldwide:
- 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
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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