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Global Online Grocery Market Size, Share & Trends Analysis Report By Product Type (Staples & Cooking Essentials, Breakfast & Dairy), By Payment Method, By Region, And Segment Forecasts, 2021 – 2027.

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Global Online Grocery Market Size, Share & Trends Analysis Report By Product Type (Staples & Cooking Essentials, Breakfast & Dairy), By Payment Method, By Region, And Segment Forecasts, 2021 – 2027.

The Global Online Grocery Market was valued at USD 279.46 billion in 2019 and is expected to reach USD 1292.16 billion by the year 2027, at a CAGR of 24.70%.

In The Online Grocery Report, Introspective Market Research Intelligence first looks at how online grocery adoption was progressing before the coronavirus pandemic to understand the state of the industry before method of purchase became vital for many consumers. Next, we examine why the pandemic is popularizing online food services and the impact it is already having on adoption. We then forecast how online supermarket penetration will grow in the coming quarters and years due to the pandemic, and we consider the factors that will determine the industry's staying power. Finally, we look at the ability of major online grocery operators to meet growing demand during the pandemic and how that positions them to build customer bases that can last well beyond the pandemic.

A mobile app or e-commerce website that sells groceries online is an online grocery store. The seller can be a supermarket or a physical store or just a family store. It is a platform that shows the list of products and their respective prices. Consumer shifts around online agendas, value, and lifestyle are creating an attractive opportunity for grocery retailers to capture market share in the next two to three years. However, both online growth and the trend toward value are likely to put further pressure on supermarket margins, especially as the overall market may contract once restaurants return. Therefore, grocery retailers will have to strive for greater efficiency and find new groups of margins to grow.

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NetGrocer.com Inc.,, Grofers India Pvt Ltd.,, AEON Co, Amazon India Pvt Ltd.,, Koninklijke Ahold Delhaize N.V.,, Fresh Direct LLC.,, Schwan Food Company,, My Brands Inc.,, Instacart,, Wal-Mart Stores, and Others.

The market is expected to experience significant growth in the coming years. Initiatives like contactless delivery and online payment have drawn consumers to buy their regular groceries on various online platforms, including Amazon, Big Basket, Grofers, and many more. With the security concerns surrounding the coronavirus and a large portion of citizens working from home, the dependence of consumers on the online platform has increased significantly. This, in turn, has provided several avenues for market growth. The market is also expected to be supported by declining data rates and the availability of cheaper smartphones. Increased internet penetration and the rise of digital payments have acted as additional factors driving the market. The online grocery market in India is being driven by increasing internet penetration in the country, coupled with an increase in digital awareness. With increasing access to smartphones and low data costs, consumers now prefer an Omni channel shopping experience.

Market segmentation:

This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2027. For the purpose of this study, Introspective Market Research has segmented the report of the online grocery market. from India. depending on the type of product, the method of payment and the region:

Product Type Outlook (Revenue, USD Million, 2021 - 2027)

  • Fresh Produce,
  • Breakfast & Dairy,
  • Snacks & Beverages,
  • Meat & Seafood,
  • Staples & Cooking Essentials,
  • Others

Payment Method Outlook (Revenue, USD Million, 2021 - 2027)

  • Online
  • Offline (Cash on Delivery)

Delivery Type outlook (Revenue, USD Million, 2021 - 2027)

  • Home Delivery
  • Click & Collect

Regions and Countries Level Analysis:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
  • Asia-Pacific (China, India, Japan, Southeast Asia etc.)
  • South America (Brazil, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, South Africa etc.)

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Impact of COVID-19 on Online Grocery Market

As the pandemic hit the world, the increase in online shoppers increased due to the precautions followed by people. The online grocery market witnessed large and exponential growth during the global lockdown period as customers leaned more towards convenient and convenient online grocery shopping. The outbreak of the new coronavirus has caused an increase in the number of customers in order to avoid going to traditional stores to make purchases. Sudden discounts and affordable values are also a major factor in market momentum during the pandemic.

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In full, the report:

  • It examines Global online grocery industry before the coronavirus pandemic to highlight what was driving industry adoption and what obstacles it faced.
  • Discuss why the realities of the pandemic, such as concerns about contracting the virus, have led many consumers to try an online grocery service for the first time.
  • It forecasts the penetration of the Global online grocery industry in 2021 and the next few years, presenting a moderate and extreme scenario to account for the uncertainty surrounding the recovery from the pandemic.
  • Discuss why the duration of the pandemic and the ability of online supermarkets to meet demand will determine the popularity of online supermarkets after the pandemic subsides.
  • It highlights how Wal-Mart, Amazon, Target and Instacart are positioned in the online grocery industry, how well they are meeting demand during the pandemic, and how they are expected to fare in the space beyond the pandemic.
  • It recommends how online supermarkets can maximize their performance during and after the pandemic with innovations such as automation, operational flexibility, and bundling services.

Introspective Market Research Intelligence provides in-depth analyst reports, proprietary forecasts, customizable charts, and more. >> Check access to the full report

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Frequently Asked Questions About This Report:

  • How big is the Indian online grocery market?
  • What is the India online grocery market growth?
  • Which segment accounted for the largest Indian online grocery market share?
  • Who are the key players in India's online grocery market?
  • What are the factors driving the Indian online grocery market?
  • Which is the leading product type in the Indian online grocery market?
  • How has the COVID-19 pandemic affected the Indian online grocery market?
  • What is one of the notable trends in the Indian online grocery market?
  • What are the prominent strategies adopted by the key players in the Indian online grocery market?

About Us:       

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals

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