The global online grocery market is likely to touch USD 2, 81,841.4 million at a 12.61% CAGR between 2020- 2026, according to the new report by Market Research Future (MRFR). Online grocery refers to buying packaged and fresh food through various online portals. The way groceries are purchased over the years have evolved for their easy and wide availability through online platforms and stores. Baby care products, household cleaning products, personal and hygiene products, fruits and vegetables, packaged, processed food and beverages, and others are the different types of grocery products available online.

Various factors are propelling the global Online Grocery Market Revenue growth. According to the new MRFR report, such factors include tedious commuting, increasing working population, hectic schedules, rising penetration of internet services, evolving technology, and increasing awareness among consumes regarding the various online shopping trends. Besides, increasing inclination of people towards comfort, rising disposable income, the trend for a hassle-free shopping experience, and the recent COVID-19 pandemic that has boosted the total number of customers purchasing grocery online to limit social contacts are also adding market growth.

Lack of trust about the freshness of products and lack of physical evidence about the products at the time of shopping online may limit the global online grocery market growth over the forecast period.

Market Segmentation

The MRFR report gives an inclusive segmental analysis of the global online grocery market report based on type.

By type, the global online grocery market is segmented into baby care products, household cleaning products, personal and hygiene products, fruits and vegetables, packaged, processed food and beverages, and others. The packaged, processed food and beverages segment is further segmented into food & beverages. The packaged, processed food segment is further sub-segmented into plant-based food, baby food, poultry and seafood, meat, breakfast cereals, sweet and savory snacks, frozen desserts, dairy products, bakery and confectionery, and others.

The packaged, processed beverages segment is again segmented into non-alcoholic and alcoholic beverages. The fruits and vegetables are again segmented into fresh and frozen. The personal care and hygiene products are again segmented into hand hygiene products, hair care products, skin care products, and others. Of these, the packaged, processed food & beverage segment will lead the market over the forecast period. This will be followed by the personal care and hygiene products segment.

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Regional Analysis

Based on the region, the global online grocery market report covers the growth opportunities and recent trends across North America, Europe, the Asia Pacific (APAC), Latin America, & the Rest of the World (RoW). Of these, the APAC region will lead the market over the forecast period. It is likely to grow at 14.01% CAGR by 2026. Rising broadband penetration, rising mobile accessibility, large young millennial population, and the presence of a huge population are adding to the global online grocery market growth in the region. China has the largest share in the region.

The global online grocery market in Europe is predicted to hold the second-largest share over the forecast period. People’s lookout for making use of convenient means of grocery shopping for saving money and time is adding to the online grocery market share in the region.

The online grocery market in North America is predicted to have significant growth over the forecast period. Increasing e-commerce sales, coupled with the presence of prominent players, are adding to the online grocery market growth in the region. The US has the maximum share in the region.

The online grocery market in the RoW is predicted to have sound growth over the forecast period.

Key Players

Leading players profiled in the global online grocery market report include TESCO PLC (UK), Royal Ahold Delhaize NV (Netherlands), Auchan SA (France), ASDA (UK), ALDI (Germany), Fresh Direct, LLC. (US), Albertsons Companies, Inc. (US), The Kroger Co. (US), Walmart Inc. (US), and Amazon.com, Inc. (US).

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Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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The research report on “Online Grocery market” published by Market Expertz, features the latest statistics relating to the market size, demand, profit estimation, and geographical extent of the industry. Furthermore, the report describes the challenges along with the latest expansion strategies implemented by leading players of the “Online Grocery market.”

Incorporated with Info-graphics, charts, 35 tables and 55 figures, this 117-page research report “Online Grocery Market Size, Type Analysis, Application Analysis, End-Use Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2019 - 2026” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain. The report provides historical market data for 2014-2018, base year estimates for 2018, and forecasts from 2019 to 2026.

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The major players covered in this report are:
Carrefour, Kroger, Tesco, Walmart, Amazon, Target, ALDI, Coles Online, BigBasket, Longo, Schwan Food, FreshDirect, Honestbee, Alibab

The report analyzes the leading players of the global Online Grocery market by inspecting their market share, recent developments, new product launches, partnerships, mergers, or acquisitions, and their target markets. This report also includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Online Grocery market. Additionally, the report gives two distinct market forecasts, one from the perspective of the producer and another from that of the consumer. It also offers valuable recommendations for new as well as established players of the global Online Grocery market. It also provides beneficial insights for both new as well as established players of the global Online Grocery market.

Most important types of Online Grocery products covered in this report are:

• Packaged Foods
• Fresh Foods

Most widely used downstream fields of Online Grocery market covered in this report are:

• Personal Shoppers
• Business Customers

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Key growth factors
High demand for connected cars is being witnessed all over the globe. The global number of cars on the road is expected to double by 2040 and of this at least 80%-90% are expected to be cars connected through IoT. The sensors in the car will be able to constantly communicate with the manufacturer to send data on the status of components in real-time which the manufacturers can analyze to derive meaningful information.

Market Segment:
The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global Online Grocery market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global Online Grocery market.

How geography and sales fit together

The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. Online Grocery enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:

• Where do the requirements come from?
• Where do non-potential customers reside?
• What is the buying behaviour of the customers dwelling in a particular area?
• What is the spending power of the customers in a specific region?

What is covered in the report?

1. Overview of the global IoT in the automotive market.
2. Market drivers and challenges in the global IoT in the automotive market.
3. Market trends in the global IoT in the automotive market.
4. Historical, current and forecasted market size data for the global IoT in the automotive market segmentation by connectivity form (tethered, integrated, embedded)
5. Historical, current and forecasted market size data for the global IoT in the automotive market segmentation by communication type (vehicle-to-vehicle, in-vehicle, vehicle-to-infrastructure) 6. Historical, current and forecasted market size data for the global IoT in the automotive market segmentation by application (navigation, telematics, infotainment) - by revenue (USD Bn).
6. Historical, current and forecasted regional (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) market size data (USD Bn) for the global IoT in the automotive market and its segmentations by connectivity form (tethered, integrated, embedded), by communication type (vehicle to vehicle, in-vehicle, vehicle to infrastructure), and by application (navigation, telematics, infotainment).
7. Analysis of the competitive landscape and profiles of major companies operating in the market.

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