Global Online Grocery Services Market Growth (Status and Outlook) 2024-2030

Global Online Grocery Services Market Growth (Status and Outlook) 2024-2030

According to our LPI (LP Information) latest study, the global Online Grocery Services market size was valued at US$ 49440 million in 2023. With growing demand in downstream market, the Online Grocery Services is forecast to a readjusted size of US$ 138650 million by 2030 with a CAGR of 15.9% during review period.

The research report highlights the growth potential of the global Online Grocery Services market. Online Grocery Services are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Online Grocery Services. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Online Grocery Services market.

Online grocery refers to the purchase of fresh and packaged food through online portals. Ways of buying groceries have evolved over a period of time, owing to easy availability of products through stores and online platforms.

Global Online Grocery key players include Walmart, Amazon, Kroger, Target, FreshDirect, etc. Global top five manufacturers hold a share about 30%.

Europe is the largest market, with a share over 30%, followed by North America and Asia-Pacific, both have a share over 60 percent.

In terms of product, Packaged Foods is the largest segment, with a share about 70%. And in terms of end user, the largest end user is Personal Shoppers, followed by Business Customers.

Key Features:

The report on Online Grocery Services market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Online Grocery Services market. It may include historical data, market segmentation by Type (e.g., Packaged Foods, Fresh Foods), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Online Grocery Services market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Online Grocery Services market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Online Grocery Services industry. This include advancements in Online Grocery Services technology, Online Grocery Services new entrants, Online Grocery Services new investment, and other innovations that are shaping the future of Online Grocery Services.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Online Grocery Services market. It includes factors influencing customer ' purchasing decisions, preferences for Online Grocery Services product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Online Grocery Services market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Online Grocery Services market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Online Grocery Services market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Online Grocery Services industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Online Grocery Services market.

Market Segmentation:

Online Grocery Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Segmentation by type
Packaged Foods
Fresh Foods

Segmentation by application
Personal Shoppers
Business Customers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Walmart
Amazon
Kroger
FreshDirect
Target
Tesco
Alibaba
Carrefour
ALDI
Coles Online
BigBasket
Longo
Schwan Food
Honestbee

Please note: The report will take approximately 2 business days to prepare and deliver.