Online Grocery Market to reach USD 3168.46 Billion by 2030, emerging at a CAGR of 24.70% and forecast (2023-2030)

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Online Grocery Market Size Was Valued at USD 541.90 Billion in 2023, and is Projected to Reach USD 3168.46 Billion by 2030, Growing at a CAGR of 24.70% From 2023-2030.

 

The Online Grocery Market has experienced significant growth in recent years, fueled by changing consumer preferences, technological advancements, and shifts in shopping behavior, especially in light of the COVID-19 pandemic. Online grocery shopping offers convenience, time savings, and flexibility, allowing consumers to order groceries from the comfort of their homes and have them delivered directly to their doorsteps or ready for pickup at designated locations. This market encompasses a wide range of players, including traditional supermarkets, specialty grocers, e-commerce platforms, and food delivery services, all vying for a share of the rapidly expanding online grocery market.

 

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Top Key Players of Online Grocery Market:

Amazon Pantry (USA), Walmart Online Grocery (USA), Instacart (USA), DoorDash DashMart (USA), Shipt (USA), Peapod (USA), Ocado (UK), Tesco Online (UK), Bigbasket (India), Metro Wholesale (India), Grofers (India), Blinkit (India), Zepto (India), Swiggy Instamart (India), JioMart (India), Dunzo (India), Flipkart Supermart (India), Milkbasket (India), Pepperfry Pantry (India), Nature's Basket (India), Localbanya (India), Spencer's Online (India), Safal (India), Easyday (India), Big Bazaar Direct (India)

 

The latest research on the Online grocery market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the Online grocery industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Online grocery market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

 

Market Drivers:

·         Convenience and Time-Saving: Online grocery shopping offers unparalleled convenience, allowing consumers to shop anytime, anywhere, without the need to visit physical stores.

 

·         Expanding E-commerce Infrastructure: Investments in e-commerce infrastructure, including improved website and app interfaces, faster delivery options, and enhanced logistics capabilities, have contributed to the growth of the online grocery market.

 

Online Grocery Market Segmentation:

By Type

·         Fresh Produce

·         Breakfast & Dairy

·         Snacks & Beverages

·         Meat & Seafood

·         Staples & Cooking Essentials

 

By Delivery Type

·         Home Delivery

·         Click & Collect

 

By Region

·         North America (US, 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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Here are the major highlights of the report:

·         Evaluation of the Parent Market: Gain insights into the broader industry dynamics with a comprehensive evaluation of the parent market, providing context for understanding the market landscape.

 

·         Examination of Market Aspects: Explore the evolution of significant market aspects, including key drivers, restraints, challenges, and opportunities, to understand their impact on market growth and development.

 

·         Investigation of Market Segments: Dive into a detailed analysis of market segments to gain a deeper understanding of specific market areas, including their growth potential, trends, and competitive landscape.

 

·         Assessment of Market Value and Volume: Evaluate market value and volume across past, present, and forecast years, enabling stakeholders to track market trends, identify growth opportunities, and make informed decisions based on comprehensive market data.

 

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