According to the latest report by IMARC Group, titled “Online Grocery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” The global online grocery market is expected to exhibit a CAGR of 22.1% during 2022-2027.
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 andflexible payment options. Currently, online grocery is categorized based on varying product types and platforms.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Online Grocery Market Trends:
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.
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Global Online Grocery Market 2022-2027 Analysis and Segmentation:
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
Staples and Cooking Essentials
Meat and Seafood
Breakup by Business Model:
Breakup by Platform:
Breakup by Purchase Type:
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
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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