Online Grocery Market Opportunity and Demand Analysis Report by 2026
The global expansion of the Online Grocery Market is due to the convenience and benefits that it offers to the customers. Advantages such as lucrative discount offers, provision of same-day home delivery, a wide array of products, instant customer support service, are some key factors that attract a customer base to purchase everyday goods from these industry platforms.
Global Market size will surpass US$1 trillion by 2026. The pandemic has influenced customers to maintain this buying pattern, which will have a significant long-term impact on industry growth.
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The shutdown of physical retail stores due to the outbreak of the COVID-19 has resulted in a large number of consumers purchasing online groceries through digital platforms. The coronavirus crisis has led to high conversion rates of new online shoppers and has influenced the existing customers to buy in volume. Reportedly, nearly 22% of Canadian consumers had opted for online grocery shopping during March and May 2020, as compared to 4% before the COVID-19 crisis.
As per a survey by LocalCircles, it is estimated that nearly 52% of shoppers of online grocery found the e-commerce grocery software application useful during the COVID-19 lockdown. Additionally, about 32% of online shoppers of groceries placed one or more orders on a weekly basis.
The Asia Pacific online grocery market forecast will be augmented by the existence of a large number of companies majorly in India, Japan, and China. The prominent firms are extensively expanding their foothold mainly in tier 1 and tier 2 cities across several countries in the region.
The market especially in developed countries is highly competitive, due to the presence of a growing number of online grocery market retailers serving a considerably limited population. Leasing companies functioning in the global market are Walmart Stores, Inc., Safeway, Inc., AmazonFresh, LLC, My Brands, Inc., NetGrocer.com, Inc., Fresh Direct, LLC, ShopFoodEx, Schwan Food Company, mySupermarket Limited, and Koninklijke Ahold Delhaize N.V.
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Table of Content
Chapter 4 Competitive Landscape,
4.1 Introduction
4.2 Company market share
4.3 Competitive analysis of major market players
4.3.1 Alibaba Group
4.3.2 Amazon com Inc
4.3.3 Carrefour S A
4.3.4 The Kroger Co
4.3.5 Walmart Inc
4.4 Competitive analysis of other major market players
4.4.1 Costco Wholesale Corporation
4.4.2 Edeka Group
4.4.3 Publix Super Markets Inc
4.4.4 Supermarket Grocery Supplies Pvt Ltd
4.4.5 Tesco PLC
Chapter 5 Online Grocery Market, By Category
5.1 Key trends by category
5.2 Dairy and breakfast products
5.2.1 Market estimates and forecast, 2016 – 2026
5.3 Service Fresh Produce
5.3.1 Market estimates and forecast, 2016 – 2026
5.4 Snacks and beverages
5.4.1 Market estimates and forecast, 2016 – 2026
5.5 Meat and seafood
5.5.1 Market estimates and forecast, 2016 – 2026
5.6 Staple and cooking essentials
5.6.1 Market estimates and forecast, 2016 – 2026
5.7 Others
5.7.1 Market estimates and forecast, 2016 – 2026
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