Online grocery market size to grow by USD 740.88 billion between 2022 and 2027 | Albertsons Companies Inc., Amazon.com Inc., Blink Commerce Pvt. Ltd., and more among the key companies in the market - Technavio

NEW YORK, Oct. 26, 2023 /PRNewswire/ -- The global online grocery market size is projected to grow by USD 740.88 billion between 2022 and 2027, accelerating at a CAGR of 13.14% during the forecast period. Some of the key vendors included in the report are Albertsons Companies Inc., Amazon.com Inc., Blink Commerce Pvt. Ltd., Bundl Technologies Pvt. Ltd., Coles Group Ltd., Costco Wholesale Corp., Flipkart Internet Pvt. Ltd., HOFER KG, Innovative Retail Concepts Pvt. Ltd., Koninklijke Ahold Delhaize NV, Ocado Group Plc, Rakuten Group Inc., Reliance Industries Ltd., Seven and I Holdings Co. Ltd., SPAR International, Target Corp., Tesco Plc, Transform Holdco LLC, Walmart Inc., and Woolworths Group Ltd. among others. For more insights on the historic (2017 to 2021) and forecast market size (2023 to 2027) Download a Sample Report

Online Grocery Market 2023-2027: Vendor Offerings

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.  Some of the key vendors covered in the report include:

• Amazon.com Inc. – The company offers online grocery such as fruits and vegetables.
• Blink Commerce Pvt. Ltd. – The company offers online grocery such as dry fruits and vegetables.
• Coles Group Ltd. – The company offers online grocery such as meat and seafood.
• Costco Wholesale Corp. – The company offers online grocery such as meat, seafood, and deli.

Online Grocery Market 2023-2027: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The online grocery market report covers the following areas:

• Online Grocery Market Size
• Online Grocery Market Trends
• Online Grocery Market Industry Analysis

What`s New for 2023?

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial

Online Grocery Market 2023-2027: Segmentation

The online grocery market is segmented as below:

• Product 
• Food products
• Non-food products

The market growth in the food products segment will be significant during the forecast period. The segment is driven by the increasing demand for food products through online retail channels and the rising demand for same-day grocery delivery.

• Type 
• One time customers
• Subscribers

The one-time customers segment will generate maximum revenue in the market. Consumers are increasingly choosing the one-time purchase model. Hence, a great number of online grocery stores are offering one-time purchase models to drive sales. This is the key factor driving the growth of the segment.

• Geography 
• North America 
• The U.S.
• Canada
• Europe 
• The U.K.
• Germany
• France
• Rest of Europe
• APAC 
• China
• India
• South America 
• Chile
• Argentina
• Brazil
• Middle East & Africa 
• Saudi Arabia
• South Africa
• Rest of the Middle East & Africa

APAC will account for 63% of the market growth during the forecast period. Factors such as rising income levels, Westernization of buying habits, and rising awareness about online grocery shopping are driving the growth of the online grocery market in APAC.

For insights on global, regional, and country-level parameters with growth opportunities, historic (2017 to 2021) and forecast market size (2023 to 2027) – Download a Sample Report

Online Grocery Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist online grocery market growth during the next five years
• Estimation of the online grocery market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the online grocery market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of online grocery market vendors

Why Buy?

• Add credibility to strategy
• Analyzes competitor's offerings
• Get a holistic view of the market

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Related Reports:

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• The luxury e-tailing market is estimated to grow at a CAGR of 8.44% between 2022 and 2027. The size of the market is forecasted to increase by USD 27,533.22 million. The rise in online spending and smartphone penetration is notably driving the market growth, although factors strict competition from offline channels may impede the market growth.

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Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (USD billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (USD billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global online grocery market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global online grocery market 2017 - 2021 (USD billion)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 (USD billion)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 (USD billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (USD billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (USD billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Food products - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Food products - Market size and forecast 2022-2027 (USD billion)
• Exhibit 35: Data Table on Food products - Market size and forecast 2022-2027 (USD billion)
• Exhibit 36: Chart on Food products - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Food products - Year-over-year growth 2022-2027 (%)

• 6.4 Non-food products - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Non-food products - Market size and forecast 2022-2027 (USD billion)
• Exhibit 39: Data Table on Non-food products - Market size and forecast 2022-2027 (USD billion)
• Exhibit 40: Chart on Non-food products - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Non-food products - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 42: Market opportunity by Product (USD billion)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 One time customers - Market size and forecast 2022-2027 
• Exhibit 47: Chart on One time customers - Market size and forecast 2022-2027 (USD billion)
• Exhibit 48: Data Table on One time customers - Market size and forecast 2022-2027 (USD billion)
• Exhibit 49: Chart on One time customers - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on One time customers - Year-over-year growth 2022-2027 (%)

• 7.4 Subscribers - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Subscribers - Market size and forecast 2022-2027 (USD billion)
• Exhibit 52: Data Table on Subscribers - Market size and forecast 2022-2027 (USD billion)
• Exhibit 53: Chart on Subscribers - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Subscribers - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 55: Market opportunity by Type (USD billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 (USD billion)
• Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 (USD billion)
• Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 (USD billion)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 (USD billion)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 (USD billion)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 (USD billion)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 73: Chart on South America - Market size and forecast 2022-2027 (USD billion)
• Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 (USD billion)
• Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 (USD billion)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (USD billion)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 81: Chart on China - Market size and forecast 2022-2027 (USD billion)
• Exhibit 82: Data Table on China - Market size and forecast 2022-2027 (USD billion)
• Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027 
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 (USD billion)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 (USD billion)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 89: Chart on UK - Market size and forecast 2022-2027 (USD billion)
• Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 (USD billion)
• Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027 
• Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 (USD billion)
• Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 (USD billion)
• Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027 
• Exhibit 97: Chart on France - Market size and forecast 2022-2027 (USD billion)
• Exhibit 98: Data Table on France - Market size and forecast 2022-2027 (USD billion)
• Exhibit 99: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography (USD billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Albertsons Companies Inc. 
• Exhibit 108: Albertsons Companies Inc. - Overview
• Exhibit 109: Albertsons Companies Inc. - Product / Service
• Exhibit 110: Albertsons Companies Inc. - Key offerings

• 12.4 Amazon.com Inc.
• Exhibit 111: Amazon.com Inc. - Overview
• Exhibit 112: Amazon.com Inc. - Business segments
• Exhibit 113: Amazon.com Inc. - Key news
• Exhibit 114: Amazon.com Inc. - Key offerings
• Exhibit 115: Amazon.com Inc. - Segment focus

• 12.5 Blink Commerce Pvt. Ltd. 
• Exhibit 116: Blink Commerce Pvt. Ltd. - Overview
• Exhibit 117: Blink Commerce Pvt. Ltd. - Product / Service
• Exhibit 118: Blink Commerce Pvt. Ltd. - Key offerings

• 12.6 Coles Group Ltd.
• Exhibit 119: Coles Group Ltd. - Overview
• Exhibit 120: Coles Group Ltd. - Business segments
• Exhibit 121: Coles Group Ltd. - Key offerings
• Exhibit 122: Coles Group Ltd. - Segment focus

• 12.7 Costco Wholesale Corp. 
• Exhibit 123: Costco Wholesale Corp. - Overview
• Exhibit 124: Costco Wholesale Corp. - Business segments
• Exhibit 125: Costco Wholesale Corp. - Key offerings
• Exhibit 126: Costco Wholesale Corp. - Segment focus

• 12.8 Flipkart Internet Pvt. Ltd. 
• Exhibit 127: Flipkart Internet Pvt. Ltd. - Overview
• Exhibit 128: Flipkart Internet Pvt. Ltd. - Product / Service
• Exhibit 129: Flipkart Internet Pvt. Ltd. - Key offerings

• 12.9 HOFER KG
• Exhibit 130: HOFER KG - Overview
• Exhibit 131: HOFER KG - Product / Service
• Exhibit 132: HOFER KG - Key offerings

• 12.10 Koninklijke Ahold Delhaize NV 
• Exhibit 133: Koninklijke Ahold Delhaize NV - Overview
• Exhibit 134: Koninklijke Ahold Delhaize NV - Business segments
• Exhibit 135: Koninklijke Ahold Delhaize NV - Key news
• Exhibit 136: Koninklijke Ahold Delhaize NV - Key offerings
• Exhibit 137: Koninklijke Ahold Delhaize NV - Segment focus

• 12.11 Ocado Group Plc
• Exhibit 138: Ocado Group Plc - Overview
• Exhibit 139: Ocado Group Plc - Business segments
• Exhibit 140: Ocado Group Plc - Key offerings
• Exhibit 141: Ocado Group Plc - Segment focus

• 12.12 Rakuten Group Inc.
• Exhibit 142: Rakuten Group Inc. - Overview
• Exhibit 143: Rakuten Group Inc. - Business segments
• Exhibit 144: Rakuten Group Inc. - Key offerings
• Exhibit 145: Rakuten Group Inc. - Segment focus

• 12.13 Reliance Industries Ltd. 
• Exhibit 146: Reliance Industries Ltd. - Overview
• Exhibit 147: Reliance Industries Ltd. - Business segments
• Exhibit 148: Reliance Industries Ltd. - Key news
• Exhibit 149: Reliance Industries Ltd. - Key offerings
• Exhibit 150: Reliance Industries Ltd. - Segment focus

• 12.14 SPAR International
• Exhibit 151: SPAR International - Overview
• Exhibit 152: SPAR International - Product / Service
• Exhibit 153: SPAR International - Key offerings

• 12.15 Target Corp.
• Exhibit 154: Target Corp. - Overview
• Exhibit 155: Target Corp. - Product / Service
• Exhibit 156: Target Corp. - Key offerings

• 12.16 Tesco Plc
• Exhibit 157: Tesco Plc - Overview
• Exhibit 158: Tesco Plc - Business segments
• Exhibit 159: Tesco Plc - Key offerings
• Exhibit 160: Tesco Plc - Segment focus

• 12.17 Walmart Inc.
• Exhibit 161: Walmart Inc. - Overview
• Exhibit 162: Walmart Inc. - Business segments
• Exhibit 163: Walmart Inc. - Key news
• Exhibit 164: Walmart Inc. - Key offerings
• Exhibit 165: Walmart Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 166: Inclusions checklist
• Exhibit 167: Exclusions checklist

• 13.3 Currency conversion rates for USUSD 
• Exhibit 168: Currency conversion rates for USUSD

• 13.4 Research methodology
• Exhibit 169: Research methodology
• Exhibit 170: Validation techniques employed for market sizing
• Exhibit 171: Information sources

• 13.5 List of abbreviations 
• Exhibit 172: List of abbreviations

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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