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Global Online Grocery Market Size

Online Grocery Market size was valued at USD 285.7 billion in 2021 and is poised to grow from USD 357.98 billion in 2022 to USD 2175.05 billion by 2030, growing at a CAGR of 25.3% in the forecast period (2023-2030).

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Global Online Grocery Market Size

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  1. Global Online Grocery Market Size, Share, Growth Analysis, By Product type By Purchaser Type By Region- Industry Forecast 2023-2030 Online Grocery Market size was valued at USD 285.7 billion in 2021 and is poised to grow from USD 357.98 billion in 2022 to USD 2175.05 billion by 2030, growing at a CAGR of 25.3% in the forecast period (2023-2030). Over the course of the projected period, the online grocery market growth is anticipated to be driven by two key factors. The shifting consumer buying habits as a result of the pandemic's onset and the unrelenting expansion of the e-commerce sector is a primary growth driver. Secondly, online grocers get access to a wide range of payment choices and guarantees for contactless delivery of the purchased groceries. This is anticipated to aid in the market's expansion during the forecast period. For this market to expand significantly in the forecast period, multiple specialty delivery alternatives such as click & collect and same-day delivery will always be available.

  2. The demand for online food shopping is particularly being driven by the pandemic breakout. As a result, click & collect services is encouraging people to opt for online groceries, book the grocery online, and pick up the grocery they ordered at their convenience while avoiding crowds due to the ease of availability of time slots, lower service fees, and the convenience associated with picking up the grocery while on the way. In order to offer a convenient and complete consumer experience across their network of groceries, retailers are quickly developing click & collect options. Compared to traditional channels, the online channel offers consumers more options. E-commerce platforms enable customers to compare numerous products to one another and make educated purchases as a result. Grocers now have more options to promote their brands and prioritize quality. Features like saved preferences and order histories for reordering are also enhancing consumer convenience and influencing them to choose online grocery shopping, which is fuelling the market’s expansion.

  3. Global Online Grocery Market Segmental Analysis The global online Grocery Market is segmented based on the product type, purchaser type, and region. Based on the product type, the Online Grocery Market is segmented into fresh produce, breakfast & dairy, snacks & beverages, meat & seafood, staples & cooking essentials. In terms of purchaser type, the Online Grocery Market is segmented into one time purchase and subscription purchase, On the basis of region, the Online Grocery Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

  4. View-More https://www.skyquestt.com/report/online-grocery- market Online Grocery Market Top Player's Company Profiles •Amazon (US) •Walmart (US) •Alibaba Group (China) •JD.com (China) •Ocado (UK) •Instacart (US) •Tesco (UK) •Carrefour (France) •Kroger (US) •Mercadona (Spain) •Ahold Delhaize (Netherlands) •Peapod (US) •Coop (Switzerland) •Rewe (Germany) •E.Leclerc (France) •Sainsbury's (UK) •Target (US)

  5. •Woolworths (Australia) •Migros (Switzerland) •Shipt (US) About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com LinkedIn Facebook Twitter

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