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Global online grocery market is dominated by Asia Pacific region, where South Korea acquires the largest market share at the global level, followed by Japan, U.K., France, Taiwan & China.According to Goldstein Research, global online grocery market is projected to be growing at a CAGR of 19.5% over the forecast period 2016-2024.
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Global Online Grocery Market Outlook Global Online Grocery Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024 Request full sample report Report Code :HC 1335 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India +44-203-318-6627 +91-120-473-0422, +91-991- 071-6331 www.goldsteinresearch.com sales@goldsteinresearch. com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com www.goldsteinresearch.com
Global Online Grocery Market Outlook Global Online Grocery Market Share(%), By Region-2016-2024 Global Online Grocery Market Size USD (Billion). 2016-2024 XX XX% Request full sample report XX XX XX CAGR: (2016-2024) XX XX XX XX% XX XX XX% XX% XX% XX% XX XX% XX XX XX 2024 XX% 2016 XX% XX XX% XX% XX Asia Pacific North America XX Europe Latin America 2016e 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f Middle East and Africa Source: Goldstein Research Source: Goldstein Research In 2016,Public Cloud accounted for the highest market share XX% in global Online Grocery market WithXX%share in 2016, Asia Pacific dominated the global Online Grocery market Global Food Colors Market Share (%), By Product Category- 2016 Global Online Grocery Market Share (%), By E-Commerce Option - 2016 Global Online Grocery Market Share(%), By Company Type -2016 XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% Pure Marketplace (Grofers, Big Basket) Personal Care Products Household Products Online Order for Home Delivery Hybrid Marketplace (Amazon) Virtual Supermarket Brand (Godrej) Food & Beverage Products Retail Chain (Wal-Mart) Online Order and Pick-up Inside the Store Source: Goldstein Research Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Online Grocery Market Outlook The global market for online groceries is estimated to be USD XX billion, which is expected to grow at a CAGR of XX% during the forecast period of 2016-2024. With the rapid change in online grocery landscape, the total market size is expected to reach USD XX billion by 2024. With a general desire by people to acquire products and services more conveniently, the rational expectation would be that the global retail e-commerce would continue to increase. Current statistics suggest that this is indeed the case, as global retail e-commerce revenues have increased from USD XX billion to USD XX billion over the past fAmazon.com years. The value of online grocery shopping for both e-retailers and consumers varies. For online grocery retailers, it provides unlimited trading hAmazon.coms, extends geographical reach, enhances customer service, creates faster transactions and shortens product cycles. Whereas, for consumers it provides economic value, a wide assortments of products, convenience, time savings, home delivery and access to multiple retailers. Only a small percentage of consumers around the world say they’re using in-store and online digital technologies to aid in their shopping, but usage is growing. Improved mobile phone interfaces, easier to navigate web pages, tailored features, more valuable promotions, automated 24-hAmazon.com pick-up points, delivery passes, integration with home automation systems and same day delivery all add tremendous value to the customer. The offline model will likely be seen as static and passé, with a declining value proposition. Online grocery shopping still hasn’t caught on in Europe, for two primary reasons. One is a demand-side problem: Consumers don’t like paying delivery fees, don’t like waiting for deliveries, and sometimes receive items that aren’t fresh. The second is a supply-side problem: Most online grocery transactions lose money. The main factors that provide the conditions for online grocery to flAmazon.comish are improving in all jurisdictions. The capital costs of the most efficient online business models continue to fall, which in turn expands the addressable market. Automation & Scale Request full sample report Technological Advancements Favoring Government Policies Competition Global Online Grocery Market Size (USD Billion) Europe North America Asia-Pacific USD XX Billion USD XX Billion 2016 USD XX Billion USD XX Billion USD XX Billion 2024 USD XX Billion Copyright All Rights Reserved, Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com www.goldsteinresearch.com
Research Methodology Goldstein Research follows a comprehensive and rigorous research methodology to provide you accurate estimates and forecast of a particular market. We provide estimates, forecast and analysis primarily based on secondary research, primary interviews, in-house database and other free as well paid Sources. Amazon.com company follows simultaneous top down and bottom approach in order to provide you the accurate market sizing. Data triangulation method is strictly followed where we triangulate the data from all the aspects, be it Function Type, application, industry verticals, material, product type or geography. In addition, the research methodology we follow is a systematic approach in order to estimate and project the market sizing keeping in mind all the on-going and upcoming trends of the market. We conduct both primary and secondary research in order to estimate a market and validate Amazon.com key findings. We put together Amazon.com effort and prepare an inclusive questionnaire depending on the title of the market we are tracking and extract the important information we require to validate Amazon.com findings. Amazon.com team of Analysts and experts dedicatedly put their effort to provide you the best possible and accurate data and analysis. Adding to that; technological, economic, cultural and social aspects along with the regulatory barriers are completely analyzed to understand the comprehensive market scenario across different geographies. Understanding the market from both buyer and seller point of view is important to track a market and provide analysis on the same. We not only provide the market data of the fAmazon.com geographies as a whole, namely, North America, Europe, Asia-Pacific, Latin America, Middle East & Africa and Rest of the World (RoW) but we also provide you qualitative as well we qualitative information on country level bifurcation. We at Goldstein Research provide you: • Precise Estimates and Forecast • Authentic Analysis • In-depth Data and Analysis • Authentic Sources • Reliable Data and Analysis Request full sample report Research Methodology Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Online Grocery Market Size (USD Billion) & Growth Analysis Global Online Grocery Market Size (USD Billion)-2016-2024 XX Request full sample report XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX 2016e 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f Source: Goldstein Research Global Online Grocery Market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. But with customer demand for online grocery shopping steadily increasing, online-only players have been stepping up to meet it, is increasing the incentive for bricks-and-mortar grocers to enter the online business as well. Around the world a variety of online-only grocers have popped up, including Ocado (in parts of the UK), FreshDirect (in parts of the East Coast US) and Peapod (in the Midwest and East Coast US) and some of these companies have been in business for more than 25 years. With Ocado reaching profitability and AmazonFresh signaling the start of a wave of massive expansion. These are signs that this format is moving from a niche offering to something with both staying power and the power to shape the industry. Further, The ability to substitute capital for labAmazon.com is reaching a level where automation is making inroads into the most economically challenging parts of online grocery. Where grocery was traditionally a local venture, it is expected that the scale benefits of technology will spread rapidly across borders. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Market Players-2016 Global Online Grocery Market Share (%) , By Companies, 2016 JD.com, XX% Amazon, XX% Alibaba, XX% Request full sample report Walmart, XX% Walmex, XX% Kroger, XX% E-MART, XX% Ahold Delhaize, XX% Metcash, XX% Ocado, XX% Source: Goldstein Research Global Online Grocery Market Players Global Presence, 2016 North America XX% Europe XX% Asia Pacific XX% Middle East& Africa XX% Latin America XX% Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Growth Drivers Booming E-Commerce Industry Technology has fundamentally transformed the way industries operate. Growth of online grocery shopping is driven in part by the maturation of the digital natives, Millennial and Generation Z. In the consumer packaged goods (CPG) industry, change has been more evolutionary than revolutionary, but digital is redefining what it means to “go” shopping. Lines between the physical and digital worlds are blurring. And thus, the connected commerce era has arrived. Request full sample report A smaller number of consumers are using “click and collect” services in which they order groceries online for pickup at a store or other location. Just over one-in-10 consumers order groceries online and pick them up in-store or using a drive-thru (XX% each), slightly fewer (XX%) order online for curbside pick-up. However, more than half of the consumers are willing to use these online options in the future. Percent of People Using/Willing To Use E-commerce Options XX XX % % XX% XX% XX% XX % XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% Impact Analysis:- Globally, the growth in e-commerce industry and penetration of technology supporting the growth of online shopping is majorly driving the growth of global online grocery market. High Medium Low Impact on Global Online Grocery Market Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Market Restraints Internet Access Cost and Availability Remains a Big Challenge Low internet and communication devices penetration rates are a problem in several markets. This also includes low penetration of PC, laptops or mobile phones. However, a majority of the world’s population, most of who are in developing nations, remain unconnected. The mobile phone is the primary device through which the ‘nextbillion’ Internet users are expected to get online. The cost of devices and connectivity is another factor preventing many people from accessing the internet, especially the XX% of the world population living below the poverty line. Broadband is only affordable for 100% of the population in just XX countries. Request full sample report Problems Associated With Access to Internet Ranking of Most Effective Cyber Security Tools, 2016 Impact Analysis:- over half of the world’s population is missing out on the life-changing benefits of connectivity, i.e. the access to online grocery shopping. Such infrastructural challenges pose a serious challenge for the growth of market. Impact on Global Online Grocery Market High Medium Low Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Online Grocery Market Outlook : 2016- 2024 Global Online Grocery Market Share (%), By E-Commerce Option, 2016-2024 Online grocery poses a threat to established grocers everywhere, but the exact nature of the threat varies from one market to another. In some, online-only home delivery options may capture a large part of the market. By the end of 2018, spending on IT-as-a-Service for data centers, software and services will be USD XX Billion. Further, it is estimated that penetration of IT technologies will accelerate in the next 3 years from USD XX billion to USD XX billion. At this supermarket segment is estimated to reach USD XX billion by 2024. With rising internet penetration and more number of consumers experiencing the convenience from e-commerce, the global online order for home delivery segment is estimated to grow at a CAGR of XX% to reach a market size of USD XX billion by 2024. Request full sample report Online Order for Home Delivery XX% XX% XX% XX% 2024 Virtual Supermarket 2016 XX% XX% Online Order and Pick-up Inside the Store pace, virtual Source: Goldstein Research Global Online Grocery Market Y-O-Y Growth, By E-Commerce Option, 2016-2024 XX% XX% XX% XX% XX% XX% XX% XX% XX% 2016e 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f Source: Goldstein Research Global Online Grocery Market Size (USD Billion), By E-Commerce Option -2016-2024 XX XX XX XX XX XX 2016 2024 Online Order for Home Delivery Virtual Supermarket Online Order and Pick-up Inside the Store Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Online Grocery Market Attractiveness and BPS Analysis by E-Commerce Option, 2016-2024 Global Online Grocery Market Attractiveness-By E-Commerce Option, 2016-2024 6.00% 5.00% Request full sample report 4.00% CAGR (%) 3.00% 2.00% 1.00% 0.00% 0 100 200 300 400 500 600 700 Market Size (USD Billion) Online Order for Home Delivery Online Order and Pick-up Inside the Store Virtual Supermarket Source: Goldstein Research Water based adhesive segment holds the largest revenue share in the global Online Grocery market as this segment constitutes which is impacted by the rising cognizance among the household users and thus it is likely to expand at XX% CAGR during the forecast period. Online Grocery market is relying on the adoption of EHR (Electronic health record) software by various healthcare facility providers in order to stand ahead in future. Behavioral health EHR creates a world of difference to the staff and patients and goes the extra mile giving advanced capabilities such as it include support for documenting violence risk factors, suicide risk factors, or sadness scales. Global Online Grocery Market BPS Analysis- By E-Commerce Option, 2016-2024 XX% XX% XX% Online Order and Pick-up Inside the Store XX% XX% XX% XX% XX% XX% Virtual Supermarket XX% XX% XX% Online Order for Home Delivery XX% XX% XX% XX% XX% 2016 2024 Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
North America Online Grocery Market Size (USD Billion) & Y-O-Y growth (%), By Region- 2016-2024 North America Online Grocery Market Size (USD Billion)-2016-2024 Request full sample report XX% XX XX XX% XX XX% XX XX XX XX% CAGR: (2016-2024) XX XX XX XX% XX XX XX XX XX% XX XX% XX XX% XX% XX% XX% XX% XX% XX% XX% XX% XX XX% XX% XX XX% XX XX% XX -XX% 2016e 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f Source: Goldstein Research North America Online Grocery Market Size (USD Billion), By Product Type-2016 North America Online Grocery Market Size (USD Billions), By Country-2016-2024 XX XX XX XX% XX XX XX XX XX% XX XX% XX XX% XX XX% XX% XX% 2016 2024 XX% Online Order for Home Delivery 2016 2024 Virtual Supermarket Online Order and Pick-up Inside the Store US Canada Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
United States Online Grocery Market Size (USD Billion) & Y-O-Y growth (%), 2016-2024 United States Online Grocery Market Size (USD Billion), Compound Annual Growth Rate (%), Y-O-Y Growth Rate (%), 2016-2024 XX% XX XX XX XX% XX% XX XX Request full sample report XX XX% CAGR: (2016-2024) XX XX XX XX% XX XX XX XX XX% XX XX% XX XX% XX% XX% XX% XX% XX% XX% XX% XX% XX XX% XX% XX XX% XX XX% XX -XX% 2016e 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f Source: Goldstein Research United States e-Grocery Adoption Rate (%), 2015-2017 Key Insights XX Virtual baskets don’t necessarily mirror physical ones. In fact, the relationship between the two is often an inverse one. In the U.S., for example, the mix of online product sales is roughly XX% non-food to 40% food, the exact reverse of the total in-store CPG picture, which is about XX% food and XX% non- food. XX% XX XX XX% XX XX The number of U.S. shoppers who bought groceries online in 2016 more than doubled to XX%, up from XX% in 2015. XX XX% The number of U.S. shoppers who buy groceries online are expected to grow by more than XX% in 2018, with XX% people inclining towards very likely or somewhat likely aspects in terms of buying groceries online in 2017. XX XX 2015 2016 2017 Source: Goldstein Research • In U.S. more than XX% of online shoppers feel that the digital experience is core to where they shop. • XX% of those who shopped online in U.S. in 2016 have experienced that their current grocer does not offer eCommerce, meaning they went elsewhere for those online purchases. • Looking ahead to 2017, XX% people are likely to order online, meaning they will shop with another grocer. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
North America Online Grocery Market Attractiveness-By Country, 2016-2024 North America Online Grocery Market Attractiveness-By Country, 2016-2024 XX XX Request full sample report XX CAGR (%) XX XX XX XX XX XX XX XX XX XX Market Size (USD Billion) United States Canada Source: Goldstein Research According to the above graph, US Online Grocery market is anticipated to be the most attractive market across the region, for new entrants looking to enter in the market, existing players looking for business expansion and investors seeking investment opportunities over the forecast period i.e. 2016-2024 Busy lifestyles mean that meal times and occasions are becoming less prevalent and people are seeking quick and convenient, yet healthy, solutions. Continuing to trend in the restaurant sector, the major companies are expected to offer further opportunities for innovation. North America North America Online Grocery Market BPS Analysis- By Country, 2016-2024 XX% XX% XX% XX% XX% Canada XX% XX% XX% XX% XX% US XX% XX% XX% XX% XX% 2016 2024 Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Online Grocery Market Outlook Amazon.com (Company Overview & Business Strategy) Founded 1994 Request full sample Website www.amazon.in report Employees 566,000 Headquarters U.S. Company Overview Amazon.com passed many milestones in 1997: by year- end, we had served more than XX million customers, yielding XX% revenue growth to USD XX million, and extended Amazon.com market leadership despite aggressive competitive entry. The company has organized Amazon.com operations into three segments: North America, International, and Amazon Web Services. Amazon.com businesses encompass a large variety of product types, service offerings, and delivery channels. The worldwide marketplace in which we compete is evolving rapidly and intensely competitive, and we face a broad array of competitors from many different industry sectors around the world. Amazon.com business is affected by seasonality, which historically has resulted in higher sales volume during fourth quarter, which ends December 31. Fourth quarter 2017 results include revenue attributable to Whole Foods Market, which we acquired on August 28, 2017. Major Business Segments North America (e-Commerce) International (e-Commerce) Amazon Web Services Business Strategy Acquisitions & Research and Development: n 1997, the company opened a subsidiary in Mamaroneck, New Jersey to handle its United States business. In 2003, the company acquired Brucia Plant extracts, a U.S. company that caused its net profits to quadruple to almost a million euros. In 2004, it purchased the rosemary extracts business of Hauser and RFI Ingredients. Amazon.com bought another U.S. company in 2005: Pure World, Inc., for approximately USD 36.8 million. The company expanded into India in 2012, with its purchase of Valentine, a producer of fruit and vegetable powders.That same year, it bought U.S.-based cranberry extract company Decas Botanical Synergies. In 2017, the company acquired some parts of Halliburton International Foods. It also acquired Swedish Oat Fiber, a manufacturer of oat-based extracts and ingredients such as oat beta-glucans Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Vision Value Visibility About Us Based in U.S., Goldstein Research is a young business consulting and Request full sample report market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand Amazon.com reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through Amazon.com quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to yAmazon.com profitability and market visibility as a brand. Amazon.com mission is simple: to develop insightful business solutions, help Amazon.com clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through Amazon.com well-defined ideas and clear cut forecasts. Amazon.com mission is simple: to develop insightful business solutions, help Amazon.com clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through Amazon.com well-defined ideas and clear cut forecasts. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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