Online Grocery Market Forecast 2020 – 2027 Top Key Players Analysis


Posted November 25, 2020 by shaqibakram

Some of the major factors contributing to the growth of the global online grocery market include the growing number of smartphone users, drastic shifts towards convenient shopping, increasing disposable income of...

 
The GMI Research’s market research report is a professional and in-depth study on the current state of the market, which covers numerous aspects of the industry, such as the market size, market status, market trends, and forecast. The market report also offers brief information related to the competitors and the specific growth opportunities with key market drivers.

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The Online Grocery Market drivers and trends are as follows:

Some of the major factors contributing to the growth of the global online grocery market include the growing number of smartphone users, drastic shifts towards convenient shopping, increasing disposable income of individuals, and the COVID-19 outbreak. E-commerce is a major developing industries due to the presence of multiple service providers worldwide. A large variety of products are provided by online grocery platforms that are not available in local stores. In the current scenario, most of the population is having a hectic schedule; thereby, online shopping of groceries saves time by removing the requirement to stand in the long queue for parking issues and billing. With the help of online grocery shopping, billing is done within few minutes, and products are delivered at the doorstep. Furthermore, online vendors provide various offers and discounts, which gains customers' attention. The products ordered online can be returned or replaced through a home pickup facility. Thus, all these unique benefits of online platforms are significantly shifting customers' focus from traditional to online grocery shopping.

The emergence of COVID-19 also acts as a major factor driving the growth of the online grocery market owing to increasing focus on social distancing. Online shopping platforms are increasingly adopted by individuals at a faster rate as payments can be made through various digital platforms, and no contact deliveries are also available at doorsteps.

Key Benefits of the Report:

This report offers an analytical depiction of the online grocery market while providing the current trends and future estimations to determine the imminent investment pockets.
This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the online grocery market share.
The report also provides a detailed online grocery market analysis based on competitive intensity and how the competition will take shape over the next six years.
Various companies covered in the Online Grocery Market report:

AEON Co., Ltd.
Alibaba Group Holding Ltd.
Amazon.com, Inc.
Grofers India Pvt. Ltd.
Instacart Inc.
JD.com, Inc.
Rakuten Inc.
Target Brands, Inc.
Tesco.com Ltd.
Walmart Inc.
Segmentation of the Online Grocery Market:

Breakup by Product:

Fresh Produce
Breakfast & Diary
Snacks & Beverages
Meat & Seafood
Staples & Cooking Essentials
Others
Breakup by Business Model:

Pure Play
Hyperlocal Delivery
Breakup by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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Categories Business
Tags online grocery market
Last Updated November 25, 2020