Online Grocery Trends and Forecast
The future of the global online grocery market looks promising with opportunities in the instant delivery and schedule delivery markets. The global online grocery market is expected to grow with a CAGR of 14.5% from 2024 to 2030. The major drivers for this market are increasing inclination towards convenient online grocery delivery, growing preference for chatbot based ordering and delivery, and rising confidence and comfort with online transactions.Online Grocery by Segment
The study includes a forecast for the global online grocery by product type, delivery type, and region.Online Grocery Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Fresh Produce
- Staple & Cooking Essentials
- Ready-to-Eat Food
- Snacks & Beverages
- Bakery & Confectionery
- Dairy Products
- Breakfast & Cereal
- Others
Online Grocery Market by Delivery Type [Shipment Analysis by Value from 2018 to 2030]:
- Instant Delivery
- Schedule Delivery
Online Grocery Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Online Grocery Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies online grocery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the online grocery companies profiled in this report include:- Reliance Retail
- Rakuten Group
- Target Corporation
- Albertsons Companies
- The Kroger
- Woolworths Group
- Tesco
- Walmart
- Amazon.com
- J Sainsbury
Online Grocery Market Insights
The report forecasts that fresh produce will remain the largest segment over the forecast period.Within this market, schedule delivery will remain the larger segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Online Grocery Market
- Market Size Estimates: Online grocery market size estimation in terms of value ($B).- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Online grocery market size by product type, delivery type, and region in terms of value ($B).
- Regional Analysis: Online grocery market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product types, delivery types, and regions for the online grocery market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the online grocery market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for online grocery market?Answer: The global online grocery market is expected to grow with a CAGR of 14.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the online grocery market?
Answer: The major drivers for this market are increasing inclination towards convenient online grocery delivery, growing preference for chatbot based ordering and delivery, and rising confidence and comfort with online transactions.
Q3. What are the major segments for online grocery market?
Answer: The future of the online grocery market looks promising with opportunities in the instant delivery and schedule delivery markets.
Q4. Who are the key online grocery market companies?
Answer: Some of the key online grocery companies are as follows:
- Reliance Retail
- Rakuten Group
- Target Corporation
- Albertsons Companies
- The Kroger
- Woolworths Group
- Tesco
- Walmart
- Amazon.com
- J Sainsbury
Answer: The report forecasts that fresh produce will remain the largest segment over the forecast period.
Q6. In online grocery market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, the publisherl provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the online grocery market by product type (fresh produce, staple & cooking essentials, ready-to-eat food, snacks & beverages, bakery & confectionery, dairy products, breakfast & cereal, and others), delivery type (instant delivery and schedule delivery), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Online Grocery Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Reliance Retail
- Rakuten Group
- Target Corporation
- Albertsons Companies
- The Kroger
- Woolworths Group
- Tesco
- Walmart
- Amazon.com
- J Sainsbury
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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