Saudi Arabia Online grocery Market Overview, 2028
In Saudi Arabia, online grocery shopping is becoming increasingly popular, especially in urban areas. Furthermore, with busy lifestyles and limited time, many consumers find it difficult to visit physical stores for their grocery needs. Online grocery shopping allows them to easily browse and purchase products from the comfort of their homes without having to worry about traffic or parking. Moreover, in Saudi Arabia, halal products are a must for many consumers. Online grocery retailers are catering to this demand by offering a wide range of halal products, including fresh meat and poultry. In addition, online grocery shopping in Saudi Arabia is often accompanied by a variety of payment options, including cash on delivery and electronic payment methods. This flexibility makes it easy for consumers to pay for their orders in a way that is convenient for them. Furthermore, in Saudi Arabia, many consumers still prefer to pay for their online grocery orders in cash upon delivery rather than using electronic payment methods. Online grocery retailers need to be able to accommodate this preference in order to appeal to Saudi consumers. Moreover, social media platforms like Instagram are highly popular in Saudi Arabia, and many online grocery retailers are leveraging this trend by using social media to promote their products and reach new customers.
According to the research report ""Saudi Arabia Online Grocery Market Overview, 2028,"" published by Bonafide Research, the Saudi Arabia Online Grocery market was valued at more than USD 865 Million in 2022. With growing awareness about the importance of healthy eating, consumers in Saudi Arabia are looking for a wider range of healthy and organic products, which can be easily found through online grocery retailers. Furthermore, the rising disposable income in Saudi Arabia has led to an increase in consumer spending on convenience goods, including groceries. This has created a favorable environment for online grocery retailers, as consumers are willing to pay a premium for the convenience of online shopping. In addition, online grocery retailers in Saudi Arabia often offer promotions and discounts to attract customers and increase loyalty. This is particularly effective in a market where consumers are price-sensitive and value deals and discounts. Furthermore, technological advancements in e-commerce, such as mobile apps, digital wallets, and artificial intelligence, are making it easier and more convenient for consumers to shop online. This is driving the growth of the online grocery market in Saudi Arabia. In addition, Subscription-based services are becoming increasingly popular in Saudi Arabia, with consumers signing up for regular deliveries of groceries and other household products. Online grocery retailers are responding to this trend by offering subscription-based services, which provide consumers with a convenient and hassle-free way to shop for groceries.
Staples and cooking products have the highest market share in the online grocery market in Saudi Arabia because they are essential household items that are frequently used in cooking and meal preparation. Furthermore, in Saudi Arabia, many households prefer to purchase these items in bulk, which is convenient and cost-effective. Online grocery retailers offer a wide range of options for staples and cooking products, including organic and specialty items. Additionally, many online grocery retailers offer competitive prices and promotions on these products, making them more appealing to consumers. Another reason why staples and cooking products have a higher market share in the online grocery market is because they have a longer shelf life and are less perishable than fresh produce, meat, and seafood. This makes them easier to store and transport, which is important for online retailers who need to ensure that their products are delivered in good condition. However, snacks and beverages are typically consumed on the go or as a quick snack between meals. Online grocery shopping provides the convenience of having these items delivered directly to your doorstep, eliminating the need to make a separate trip to the store. In addition, there is a growing interest among consumers in Saudi Arabia in health and wellness products, including healthier snack and beverage options. Online grocery retailers are responding to this demand by offering a wider range of organic, gluten-free, and other health-focused snack and beverage options.
Considered in this report
• Geography: Saudi Arabia
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report
• Saudi Arabia Online Grocery market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Product Type
• Staples & Cooking Essentials
• Snacks & Beverages
• Breakfast & Dairy
• Fresh Produce
• Meat & Seafood
• Others
By Delivery Type
• Home Delivery
• Click and Collect
The approach of the report:This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.
Intended audienceThis report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Online Grocery industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.