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Global Online Grocery Industry Market Dynamics & Strategic Insights 2021-2030
Online or E-commerce is one of the most dynamically growing forms of trade across the globe. Customers can buy anything through the internet including clothing, groceries, electronics, etc. The success of an online grocery site is due to the design and interface through which the retailer provides customers with offers and products. A user-friendly interface is a part of the online shopping model to help the customers to browse the website and search for their desired products with comfort. Online shopping is trending across the globe giving increasing output every year. Some of the advantages of online grocery shopping versus traditional grocery shopping are, 24/7 availability, greater transparency, avoids crowds, price visibility, able to browse offers, saves time, delivering to door, etc.
Global Online Grocery Market іѕ ѕеgmеntеd on the bаѕіѕ оf category (food products, and non-food products)) shopper type (Generation Z (Born 2001- 2020), Millennial (Born 1982-2001), Generation X (Born 1966-1981), Baby Boomers (Born 1946-1965), and Silent Generation (Born 1925-1945)) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Online Grocery Market wаѕ vаluеd аt UЅ$ 198.3 Bn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 23.6% frоm 2021 tо 2028.
The report on Global Online Grocery Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Online Grocery Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Online Grocery Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Online Grocery Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Online Grocery Market.
Market Dynamics:
Growing demand for online grocery is increasing internet penetration across the globe is one of the factors expected to drive the growth of the global market during the forecast period. . Also, changing consumer preference from the ease of availability, offline to online, online digital technologies to help in online shopping, rising smartphone penetration among younger shoppers, and improving logistic services offered by companies, are the factors anticipated to propel the growth of the global market.
However, high online platform operating prices over conventional stores and concerns about the freshness of fruits and vegetables might hinder the growth of the global online grocery market over the forecast period.
Increasing demand for functional food and beverages providing health benefits such as improved mental strength, enhanced immune system, improved digestive health improved heart rate, etc. Several key players are focusing on advertising which is offering the best ROI in terms of sales and reaching aiming customers.
Segmental Analysis:,
Among the category segments, the non-food products segment is accounted for a significant revenue share in the global online grocery market during the forecast period.
Among the shopper type segments, the generation Z segment is expected to dominate the global online grocery market over the forecast period.
Regional Analysis:
The North America market is expected to dominate the market of the global online grocery market, owing to increasing adoption in countries such as the US, Canada coupled with the rising disposable income of people in these countries in this region. The Asia Pacific market is expected to be an emerging market for online grocery, due to the increasing population and increasing use of smartphones which is, in turn, the growth of the market. Asia Pacific online grocery market is projected to register the highest CAGR in the next five years.
Global Online Grocery Market Segmentation:
Segmentation by Category:
• Food products
o Meat and poultry products
o Fruits and Vegetables
o Beverages products
o Dairy products
o Baked goods
o Frozen foods
o Others (including chips, crisps, corn snacks, nuts, baby care etc.)
• Non- food products
o Beauty products
o Cleaning and household products
o Personal hygiene products
o Others (including paper products, laundry products, first aid items, pet care product etc.)
Segmentation by Shopper Type:
• Generation Z (Born 2001- 2020)
• Millennial (Born 1982-2001)
• Generation X (Born 1966-1981)
• Baby Boomers (Born 1946-1965)
• Silent Generation (Born 1925-1945)
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Carrefour SA
Walmart Inc.
AmazonFresh, LLC
The Kroger Co.
Tesco PLC
The Schwan Food Company, Inc.
com, Inc.
Koninklijke Ahold Delhaize N.V.
Target Corporation
Fresh Direct, LLC
Global Online Grocery Market іѕ ѕеgmеntеd on the bаѕіѕ оf category (food products, and non-food products)) shopper type (Generation Z (Born 2001- 2020), Millennial (Born 1982-2001), Generation X (Born 1966-1981), Baby Boomers (Born 1946-1965), and Silent Generation (Born 1925-1945)) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Online Grocery Market wаѕ vаluеd аt UЅ$ 198.3 Bn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 23.6% frоm 2021 tо 2028.
The report on Global Online Grocery Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Online Grocery Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Online Grocery Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Online Grocery Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Online Grocery Market.
Market Dynamics:
Growing demand for online grocery is increasing internet penetration across the globe is one of the factors expected to drive the growth of the global market during the forecast period. . Also, changing consumer preference from the ease of availability, offline to online, online digital technologies to help in online shopping, rising smartphone penetration among younger shoppers, and improving logistic services offered by companies, are the factors anticipated to propel the growth of the global market.
However, high online platform operating prices over conventional stores and concerns about the freshness of fruits and vegetables might hinder the growth of the global online grocery market over the forecast period.
Increasing demand for functional food and beverages providing health benefits such as improved mental strength, enhanced immune system, improved digestive health improved heart rate, etc. Several key players are focusing on advertising which is offering the best ROI in terms of sales and reaching aiming customers.
Segmental Analysis:,
Among the category segments, the non-food products segment is accounted for a significant revenue share in the global online grocery market during the forecast period.
Among the shopper type segments, the generation Z segment is expected to dominate the global online grocery market over the forecast period.
Regional Analysis:
The North America market is expected to dominate the market of the global online grocery market, owing to increasing adoption in countries such as the US, Canada coupled with the rising disposable income of people in these countries in this region. The Asia Pacific market is expected to be an emerging market for online grocery, due to the increasing population and increasing use of smartphones which is, in turn, the growth of the market. Asia Pacific online grocery market is projected to register the highest CAGR in the next five years.
Global Online Grocery Market Segmentation:
Segmentation by Category:
• Food products
o Meat and poultry products
o Fruits and Vegetables
o Beverages products
o Dairy products
o Baked goods
o Frozen foods
o Others (including chips, crisps, corn snacks, nuts, baby care etc.)
• Non- food products
o Beauty products
o Cleaning and household products
o Personal hygiene products
o Others (including paper products, laundry products, first aid items, pet care product etc.)
Segmentation by Shopper Type:
• Generation Z (Born 2001- 2020)
• Millennial (Born 1982-2001)
• Generation X (Born 1966-1981)
• Baby Boomers (Born 1946-1965)
• Silent Generation (Born 1925-1945)
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Carrefour SA
Walmart Inc.
AmazonFresh, LLC
The Kroger Co.
Tesco PLC
The Schwan Food Company, Inc.
com, Inc.
Koninklijke Ahold Delhaize N.V.
Target Corporation
Fresh Direct, LLC
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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