Online Grocery Market is projected to reach a value of USD 1100.21 billion by 2027 at a CAGR of 23.6%.

Online Grocery Market: Summary

The Global Online Grocery Market is projected to reach a value of USD 1100.21 billion by 2027 at a CAGR of 23.6%.

The online grocery refers to the purchase of fresh and packaged food through online portals. The rising working population, as well as the tedious commuting is anticipated to provide a key opportunities to businesses and entrepreneurs to drive the online grocery stores. Global online grocery market is growing at a rapid pace with the outbreak of Covid-19 Pandemics is excepted to rise the demand for customers for buying grocery online, it lead to avoid going stores as well as limit their social contacts. However, lack of trust regarding the freshness of products are expected to hinder the growth of the market in the forecast period.

Online Grocery Market: Market Dynamics

Market Driver:

• Increasing Adoption of IoT
• There has been increasing adoption of IoT for the growth of the online grocery market. This result will help retailers to improve the customer experience as well as to manage inventory efficiently
• The growing adoption of Internet of Thing (IoT) by the retailers throughout the globe is projected to fuel the market growth in the forecast period
• On 2018, Walmart has partnered with Microsoft Corporation to boost the digital transformation as well as to offer a enhance shopping experience to its customers
• According to these of five year deal in between the two companies, the Walmart will move a significant portion of samsclub.com as well as walmart.com to Azure to boost the user online experience
• The adoption of Internet of things (IoT) is projected to grow at a high growth rate during the forecast period

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• Outbreak of Covid-19 Pandemics
• The outbreak of Covid-19 pandemics is also lead to enhance online grocery market growth. These has led to rising the customers demand for buying the grocery thought online in order to avoid going to the store as well as to limit the social contact.
• The Pandemics has rise the demand of the online grocery store throughout the globe, hence it is projected to develop the consumer buying behaviors as well as caret a positive impact for long time.
• For example, in April 2020 the Walmart Inc. and Nextdoor has announced the launch of their “Neighbors Helping Neighbors” program, an effort to make it easier for neighbors across the country to help one another during the COVID-19 pandemic.
• Rising Penetration of Internet Services

Market Restraint:

• High Operating Cost

Online Grocery Market: Key Segments

• The online grocery market is majorly segments into product type, deliver type, shopper and end-user.
• On the basis of product type, the market is bifurcated into fresh produce, breakfast & dairy, staples & cooking essentials, snacks & beverages, baked product, ready to eat food and others. The staples and cooking essentials segment is projected to have the highest growth. Hence, these is being attributed to the majorly shopping of staples such as food grains, flours, and oil.
• On the basis of delivery type, the market is segmented into home delivery and click & collect.
• On the basis of shopper, the market is sub-segmented generation z, millennial, generation x, baby boomers and silent generation. The millennial and generation z are the most attractive consumer segments in the market.
• On the basis of end-user the market is divided into individuals and distributors.

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Key Companies Covered

• Ahold Delhaize (Company Overview, Financial Overview, Product Synopsis, Key Developments, SWOT Analysis, & Key Strategy)
• Amazon.com, Inc.
• Best Buy Co Inc.
• Costco Wholesale Corporation
• Fresh Direct, LLC.
• Instacart
• Peapod LLC
• Publix Super Markets Inc.
• Target Corporation
• Walmart Inc
• Other Key Companies

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Online Grocery Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Online Grocery Market, by Product Type

• Fresh Produce
• Fruits & Vegetables
• Meat & Seafood
• Breakfast & Dairy
• Milk
• Yogurt
• Cheese
• Butter
• Others
• Staples & Cooking Essentials
• Snacks & Beverages
• Salt & Spices
• Coffee/ Tea Powder
• Pickles
• Oils/ Vinegar
• Honey/ Jam
• Baked Products
• Cakes & Pastries
• Breads & Rolls
• Frozen Desserts
• Ready to Eat Food
• Instant Noodles
• Pasta
• Sandwiches
• Others

Online Grocery Market, by Delivery Type

• Home Delivery
• Company Owner Stores
• Third-Party Stores
• Click & Collect

Online Grocery Market, by Shopper

• Generation Z
• Millennial
• Generation X
• Baby Boomers
• Silent Generation

Online Grocery Market, by End-User

• Individuals
• Distributors

Online Grocery Market, by Region

• North America
• US
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
• Europe
• Germany
• UK
• France
• Italy
• Rest of Europe
• Middle East & Africa
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
• South America
• Brazil
• Argentina
• Rest of South America

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Table of Content

1. INTRODUCTION
2. Research Objectives
3. Market Definition
4. Research Scope
5. Regional Coverage
6. Research Timeline
7. Assumptions
8. Limitations
9. RESEARCH DESIGN & SCOPE
10. Introduction
11. Primary Research
12. Key Industry Expert Insight
13. Secondary Research
14. Vital Data from Secondary Sources
15. Market Size Estimation
16. Data Validation & Triangulation
17. EXECUTIVE SUMMARY
18. MARKET DYNAMICS
19. Introduction
20. Drivers
21. Growing Awareness Among Consumers About Online Transformation
22. Rising Penetration of Internet Services
23. Increasing Adoption of IoT
24. Outbreak of COVID-19 Pandemics
25. Restraint
26. High Operating Cost
27. Opportunities
28. Technological Growth in Online Platforms
29. Challenges
30. Lack of Trust Regarding the Freshness of Products
31. Market Factor Analysis
32. Porters Five Forces Analysis
33. Power of Buyers
34. Power of Suppliers
35. Intensity of Competition
36. Challenges of Substitutes
37. Challenges of New Entrants
38. Macro-Economic Indicators
39. COVID-19 Impact Analysis
40. Impact on Service
41. Impact on Market Growth
42. Impact on Regions
43. GLOBAL ONLINE GROCERY MARKET BY PRODUCT TYPE, MARKET SIZE IN USD MILLION (2018–2027)
44. Introduction
45. Fresh Produce
46. Fruits & Vegetables
47. Meat & Seafood
48. Breakfast & Dairy
49. Milk
50. Yogurt
51. Cheese
52. Butter
53. Others
54. Staples & Cooking Essentials
55. Snacks & Beverages
56. Salt & Spices
57. Coffee/ Tea Powder
58. Pickles
59. Oils/ Vinegar
60. Honey/ Jam
61. Baked Products
62. Cakes & Pastries
63. Breads & Rolls
64. Frozen Desserts
65. Ready to Eat Food
66. Instant Noodles
67. Pasta
68. Sandwiches
69. Others
70. GLOBAL ONLINE GROCERY MARKET BY DELIVERY TYPE, MARKET SIZE IN USD MILLION (2018–2027)
71. Introduction
72. Home Delivery
73. Company Owner Stores
74. Third-Party Stores
75. Click & Collect
76. GLOBAL ONLINE GROCERY MARKET BY SHOPPER, MARKET SIZE IN USD MILLION (2018–2027)
77. Introduction
78. Generation Z
79. Millennial
80. Generation X
81. Baby Boomers
82. Silent Generation
83. GLOBAL ONLINE GROCERY MARKET BY END-USER, MARKET SIZE IN USD MILLION (2018–2027)
84. Introduction
85. Individuals
86. Distributors
87. GLOBAL ONLINE GROCERY MARKET BY REGION, MARKET SIZE IN USD MILLION (2018–2027)
88. North America
89. US
90. Canada
91. Mexico
92. Asia-Pacific
93. China
94. India
95. Japan
96. Australia
97. South Korea
98. Rest of Asia-Pacific
99. Europe
100. Germany
101. France
102. Italy
103. UK
104. Spain
105. Rest of Europe
106. Middle East and Africa
107. Saudi Arabia
108. UAE
109. Rest of Middle East and Africa
110. South America
111. Brazil
112. Argentina
113. Rest of South America
114. COMPETITIVE LANDSCAPE
115. Introduction
116. Market Ranking/Share Analysis of Key Companies
117. Company Benchmarking
118. Key Developments
119. COMPANY PROFILES
120. Ahold Delhaize
121. Company Overview
122. Financial Overview
123. Products/Solutions/Services Offered
124. Key Developments
125. SWOT Analysis
126. Key Strategy
127. Amazon.com, Inc.
128. Best Buy Co Inc.
129. Costco Wholesale Corporation
130. Fresh Direct, LLC.
131. Instacart
132. Peapod LLC
133. Publix Super Markets Inc.
134. Target Corporation
135. Walmart Inc.
136. Other Key Companies
137. APPENDIX
138. Key Industry Expert Insights
139. Primary Discussion Guide
140. Customization Options

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