E-Grocery Market Research Report covers segment data, including: type segment, industry segment, channel segment etc. cover different segment E-Grocery Market size, both volume and value. Also cover different industries client’s information, which is very important for the manufacturers with Forecast Period 2022-2030.
Global E-Grocery Market (2022-2030) research report offers Proficient analysis on market size, share, drivers, restraints, and so on. Moreover, this report includes the approximate study of different segments in terms of overall growth, development, opportunity, business strategies, procedures etc. for the forecast period of 2030. The report contains the fundamentals produced and advancements by different application Share and The latest trend gaining momentum in the market that increases awareness about E-Grocery market. The report supplies a comprehensive analysis of business aspects like global E-Grocery market size, recent technological advances, and inventions. The research report consists of: introduction of the market, key players, opportunities, restraints, product and type classification, and overall market analysis.
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About E-Grocery Market:
Product Overview
Purchasing fresh and packaged food through online portals is referred to as online grocery. Thanks to the easy availability of items through supermarkets and online channels, grocery shopping approaches have evolved. Although the online grocery service is a niche market, it is expected to expand rapidly in the coming years. People nowadays tend to shop for groceries online because it is easy and provides a wide range of items that can be shipped to their doorstep within a certain period of time. Bakery and dairy products, cereals, vegetables, and fruits are only a few of the things available in an online grocery store. To make online grocery shopping easier for customers, retailers in this market offer services like click-and-collect and subscriptions.
Market Highlights
Global E-Grocery is expected to project a notable CAGR of 24.9% in 2030.
Global E-Grocery to surpass USD million by 2030 from USD million in 2020 at a CAGR of 24.9 % in the coming years, i.e., 2021-30. This growth is anticipated owing to the increasing availability of high-speed internet and greater adaptability. Besides, lower data rates and a rise in digital payments are also boosting the market growth. E-commerce allows the simple purchasing of goods manufactured in remote locations. This, in turn, has made a major contribution to the development of the global E-Grocery industry.
Global E-Grocery: Segments
Staples and cooking essentials segment to grow with the highest CAGR during 2020-30
Global E-Grocery is segmented by product type into Fresh Produce, Breakfast and Dairy, Snacks and Beverages, Meat and Seafood, Staples and Cooking Essentials, and Others. Staples and cooking essentials segment held the largest market share of in the year 2020. The constant shopping of staples such as flours, food grains, and cooking necessities such as refined oil, which are basic requirements for many, is responsible for this substantial share. Lentils (dal), pulses, and rice are staple foods in Indian households. Consumers have been stocking up on these necessities as a result of the pandemic, worrying that they may face lockdown regulations at any moment.
Online segment to grow with the highest CAGR during 2020-30
Global E-Grocery is segmented by payment channel into online and offline. Over the forecast period, the online payment channel is projected to expand at the fastest pace. The increasing preference for online payments is credited with the segment’s rise. Cash and bank transfer payments were less common among Indian online customers. People are now avoiding physical contact to a greater degree as a result of COVID-19. Consumers are increasingly using online payment methods such as net banking, debit/credit cards, and the Centralized Payment Interface to prevent the spread of disease (UPI).
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Market Dynamics
Drivers
Availability of high speed internet and greater adaptability
Surging demand for E-Grocery from numerous end-user industries is the key factor contributing to the market growth. Businesses and entrepreneurs are setting up online grocery stores as a result of frantic schedules, a growing working population, and boring commuting. With the advent of technology and the widespread availability of internet services, consumers are becoming more aware of the numerous shopping patterns that occur in society. The most desirable customer groups in the industry are Millennials and Generation Z. These are the most tech-savvy consumers who are willing to pay a premium for same-day product delivery. With the government supporting a digital economy platform and digital literacy, India’s online grocery market is expected to see even more growth. Consumers in Tier-I cities such as Bangalore, Chennai, Mumbai, and Delhi, who are more adaptable to online shopping due to the availability of high-speed internet, greater adaptability to mobile devices, and logistical simplicity, are expected to drive the industry
Lower data rates and rise in digital payments
The industry is also expected to benefit from lower data rates and the availability of more affordable smartphones. Increased internet penetration and the rise of digital payment have also contributed to the market’s growth. The ever-increasing internet penetration in India, as well as an increase in digital literacy, is propelling the online grocery market in the region. Consumers now prefer an omnichannel shopping experience, thanks to the increasing availability of smartphones and low data costs. The government is increasingly releasing details, and as a result, concerns about the supply chain and workforce are decreasing. As a result of factors such as comfort, smart shopping, and hygiene issues, customers tend to shop for groceries online.
Restraint
Trust issues regarding the freshness of food
Concerns about the freshness of fruits and vegetables, as well as high delivery fees, pose a challenge to market development of the E-Grocery.
Global E-Grocery: Key Players
Koninklijke Ahold Delhaize N.V.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Fresh Direct, LLC.
mySupermarket Limited
NetGrocer.com, Inc.
Wal-Mart Stores, Inc.
Safeway, Inc.
ShopFoodEx
Schwan Food Company
My Brands Inc.
Other Prominent Players
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Global E-Grocery: Regions
Global E-Grocery is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global E-Grocery in Asia Pacific held the largest market share of in the year 2020 in terms of revenue. This increase can be attributed to government initiatives in India and China to encourage digitalization and e-commerce in their respective countries. Furthermore, the region’s business growth would be aided by the region’s increasing middle-class population, improved internet connectivity, and improved logistic network. To gain a competitive edge, businesses distinguish their products in terms of offerings, size, content, packaging, and design. Companies are now using digital and social media ads to warn customers of new product releases. The product demand is being driven by a rise in understanding of best suits as use, changes in working millennial’ lifestyles, increased income to invest in best available goods and an obsession with maintaining a well-groomed structure. Consumers are likely to spend money on new goods in the near future.
Global E-Grocery is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR North Africa, Israel, GCC, South Africa, and Rest of MENA
Global E-Grocery report also contains analysis on:
E-Grocery Segments:
By Product Type
Fresh Produce
Breakfast and Dairy
Snacks and Beverages
Meat and Seafood
Staples and Cooking Essentials
Others
By Payment Channel
Online
Offline
E-Grocery Dynamics
E-Grocery Size
Supply and Demand
Current Trends/Issues/Challenges
Competition and Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
The E-Grocery Market report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global E-Grocery Market discussed. Overall, this report covers the historical situation, present status and the future prospects.Additionally, the worldwide market is segmented based on type, application, deals, and area. It contains numbers, regions, revenue, and offers just as the thorough computation of the business chain structure, opportunities, industry news analysis. The application portion shows the employments of the product.
The E-Grocery Market report also covers a detailed comprehension of the major geographies present in the market along with the key segments and sub-segments. The report focuses on regional development status, which includes the market size, share, and volume. The global E-Grocery market is segmented on the basis of application, end user, and region, with focus on manufacturers in different regions. The study has detailed analysis of different factors that increase the industries growth. This study also provides the scope of different segments and applications that can potentially influence the industry in the future. Pricing analysis is covered in this report according to each type, manufacturer, regional analysis, price. E-Grocery Market report provides overview of market value structure, cost drivers, various driving factors and analyze industry atmosphere, then studies global outline of industry size, demand, application, revenue, product, region and segments. In addition, this report introduces market competition situation among the distributers and manufacturers profile, besides, market value analysis and cost chain structure are covered in this report.
This report provides detail analysis of the market and have a comprehensive understanding of the E-Grocery market and its commercial landscape. Learn about the various market strategies that are being adopted by leading companies.It provides a five-year forecast assessed based on how the E-Grocery market is predicted to grow.It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.To understand the future scope and outlooks for the E-Grocery market.E-Grocery Market Forecast by regions, type and application, with sales and revenue, from 2022.E-Grocery Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
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Detailed TOC of Global E-Grocery Market Outlook to 2031
1.Executive Summary
2.E-Grocery Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4.Average Pricing Analysis
5. Macro-Economic Indicators
6.Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7.Correlation and Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8.Recent Development, Policies and Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10.E-Grocery Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11 E-Grocery Market
11.1. Market Size and forecast, 2019A-2031F
11.1.1. By Value (USD Million) 2019-2031
11.1.2. By Volume (Million Units) 2019-2031
12.E-Grocery: Market Segmentation
12.1. By Regions
13. Company Profile
13.1.2. Company Overview
13.1.3. Company Total Revenue (Financials)
13.1.4. Market Potential
13.1.5. Global Presence
13.1.6. Key Performance Indicators
13.1.7. SWOT Analysis
13.1.8. Product Launch
14. Consultant Recommendation
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