Global E-Grocery Market: Purchasing fresh and packaged food through online portals is mentioned to as online grocery. Thanks to the informal availability of items through supermarkets and online channels, grocery shopping methods have progressed. Although the online grocery service is a niche market, it is projected to enlarge rapidly during the coming years. Individuals nowadays tend to shop for groceries online owing to it is convenient and provides a broad range of items that can be transported to their doorstep within a certain period of time. Bakery and dairy products, cereals, vegetables, and fruits are only a few of the things prevailing in an online grocery store. To make online grocery shopping calmer for customers, retailers in this market propose the services like click-and-collect and subscriptions.
According to the report analysis, ‘Global E-Grocery Market: By Product Type (Fresh Produce, Breakfast & Dairy, Snacks & Beverages, Meat & Seafood, Staples & Cooking Essentials and Others); By Payment Channel (Online and Offline); and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030’ states that the growth is projected owing to the growing availability of high-speed internet and higher adaptability. Besides, lower data rates and an augment in digital payments are also booming up the market growth. E-commerce allows the simple buying of goods manufactured in remote areas. This, in turn, has made a foremost contribution to the important of the global E-Grocery industry.
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.
- Schwan Food Company
- My Brands Inc.
- Other Prominent Players
Surging requirement for E-Grocery from several end-user industries is the foremost factor underwriting to the market growth. Businesses and entrepreneurs are setting up the online grocery stores as a result of frantic schedules, an increasing working population, and boring commuting. With the arrival of technology and the prevalent availability of internet services, consumers are becoming more conscious of the numerous shopping designs that occur in society. The most necessary customer groups in the industry are Millennials and Generation Z. Such are the most tech-savvy customers who are willing to pay a premium for same-day product transfer. With the government assisting a digital economy platform and digital literacy, India’s online grocery market is projected to see even more growth. Customers in Tier-I cities such as Bangalore, Chennai, Mumbai, and Delhi, who are more malleable to online shopping owing to the availability of high-speed internet, higher adaptability to mobile devices, and logistical simplicity, are projected to propel the industry.
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In addition, the industry is also projected to benefit from lower data rates and the obtainability of more affordable smartphones. Augmented internet penetration and the augment of digital payment have also underwritten to the market’s growth. The ever-increasing internet penetration around India, as well as an increment in digital literacy, is fostering the online grocery market in the region. Consumers now desire an omnichannel shopping experience, thanks to the growing availability of smartphones and low data costs. The government is progressively releasing details, and as a result, concerns about the supply chain and workforce are diminishing. As a result of aspects such as comfort, smart shopping, and hygiene issues, consumers tend to shop for groceries online.
Global E-Grocery report also contains analysis on:
- E-Grocery Segments:
- By Product Type
- Fresh Produce
- Breakfast & Dairy
- Snacks & Beverages
- Meat & Seafood
- Staples & Cooking Essentials
- By Payment Channel
- E-Grocery Dynamics
- E-Grocery Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
Related Report: –
Ankur Gupta, Head Marketing & Communications