According to the latest report by IMARC Group, titled “Online Grocery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” The global online grocery market is expected to exhibit a CAGR of 22.1% during 2022-2027.

Online grocery refers to the process of purchasing packaged and fresh, fast-moving consumer goods (FMCG) through web-based platforms. It enables consumers to order from local vendors and several multinational companies. Online grocery platforms offer various benefits, such asa wide range of products at affordable prices andflexible payment options. Currently, online grocery is categorized based on varying product types and platforms.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Online Grocery Market Trends:

The rapid outbreak of coronavirus disease (COVID-19) across the globe and consequent lockdowns represents one of the key factors driving the online grocery market growth. In line with this, in order to ensure no-contact delivery in order to curb the virus spread, consumers extensively opted for online shopping to meet their daily grocery needs. Other factors, such as the user-friendly interface of mobile applications and websites of the vendors, rising disposable incomes of the masses, and the steadily expanding e-commerce industry, are creating a positive outlook for the market further.

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Global Online Grocery Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

Top Online Grocery Companies Worldwide: Amazon, Carrefour Hypermarches (Carrefour), Costco Wholesale Corporation, Edeka Zentrale AG & Co. Kg, Fresh Direct LLC, Happyfresh, Peapod LLC (Koninklijke Ahold Delhaize N.V.), Reliance Retail Limited (Reliance Industries Limited), Safeway Inc. (Albertsons Investor Holdings LLC), Schwan Food Company, Shopfoodex Co Inc., Tesco PLC, The Kroger Co. , Walmart Inc. and Wm Morrison Supermarkets PLC.

The report has segmented the market on the basis on region, product type, business model, platform and purchase type.

Breakup by Product Type:

Vegetables and Fruits

Dairy Products

Staples and Cooking Essentials

Snacks

Meat and Seafood

Others

Breakup by Business Model:

Pure Marketplace

Hybrid Marketplace

Others

Breakup by Platform:

Web-Based

App-Based

Breakup by Purchase Type:

One-Time

Subscription

Breakup by Region:

North America: (United States, Canada)

Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)

Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)

Latin America: (Brazil, Mexico, Others)

Middle East and Africa

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Key highlights of the report:

Market Performance (2016-2021)

Market Outlook (2022- 2027)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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