55% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for online grocery delivery services in APAC. Market growth in this region will be faster than the growth of the market in other regions. The rising income level, westernization of buying habits, and raising awareness about online grocery shopping will facilitate the online grocery delivery services market growth in APAC over the forecast period
The potential growth difference for the online grocery delivery services market between 2020 and 2025 is USD 800 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenges
The increased popularity and adoption of e-commerce platforms and rapid growth in e-commerce are some of the key market drivers. However, factors such as end-user perception for online grocery shopping will challenge market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.
To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report right now!
The online grocery delivery services market report is segmented by End-user (Individuals and Others) and Geography (APAC, Europe, North America, South America, and MEA). The online grocery delivery services market share growth by the individual segment will be significant for revenue generation.
Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the online grocery delivery services market size and actionable market insights on each segment.
View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
Some Companies Mentioned with their Offerings
The online grocery delivery services market is fragmented and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market.
- Albertsons Companies Inc. - The company is involved in offering a wide range of products such as beverages, bread, cookies, snacks, cereals, and many more.
- Alibaba Group Holding Ltd. - The company is involved in offering a wide range of products such as furniture, consumer electronics, home appliances, and many more.
- Amazon.com Inc. - The company is involved in offering a wide range of products such as snack foods, pantry staples, beverages, breakfast foods, and many more.
- Ebates Performance Marketing Inc. - The company is involved in offering a wide range of products such as gourmet foods, gift cards, tickets, handbags, appliances, and many more.
- Ocado Retail Ltd. - The company is involved in offering a wide range of products such as accessories, gift cards, office supplies, pet supplies, and many more.
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Related Reports:
Online Grocery Market in India -The online grocery market share in India should rise by USD 4.74 billion from 2022 to 2026 at a CAGR of 20.52%. Download a free sample now!
Online Grocery Market -The online grocery market share is expected to increase by USD 136.97 billion from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 16.88%. Download a free sample now!
Online Grocery Delivery Services Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 25% |
Market growth 2021-2025 |
USD 800.00 billion |
Market structure |
Fragmented |
YoY growth (%) |
23.29 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 55% |
Key consumer countries |
China, UK, US, Japan, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Albertsons Companies Inc., Alibaba Group Holding Ltd., Amazon.com Inc., Ebates Performance Marketing Inc., Ocado Retail Ltd., SPAR International, Target Corp., Tesco Plc, and Walmart Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
About Us
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SOURCE Technavio
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