Online Grocery Market (15.3% CAGR) 2020 to 2030: Global Industry Size, Share, Growth, Trends and Forecast

According to a new market research report published by sheer analytics and insights, “The global Online Grocery market will grow at 15.3% CAGR from 2020 to 2030, as per the latest Global Online Grocery Market (By category – Meat & Poultry Products, Fresh Produce, Beverages & Dairy Products, Bakery, and Breakfast & Cereal. By Shopper – Generation Z, Millennial, Generation X, Baby Boomers, Silent Generation. By Geography-North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Global industry analysis, size, share, growth, trends, and forecast, 2020 – 2030.

Market Insights

Online grocery market has shown a great surge during CoVID. Online grocery companies advantages such as curbing in between dealers, genuine products and great discounts over the products are some of the major reasons attributing towards the growth of online grocery market. Even though it has faced lot of challenges due to local grocery market but with time these grocery players are linking themselves with these online grocery platforms. This shifting pattern of dealers in grocery has also attributed towards the growth of the market positively. Also, increased third party websites where one seller can sell their products independently has increased the scope of selling in all regions. North America dominates the market with a share of more than 38.6% in 2020.

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Online grocery market is getting more popularity than ever. Since we are facing a major pandemic, we are required to obtain social distancing and we can not help it. Honestly, people are literally afraid to step out of their home even if that’s for necessity. During this COVID-19, online grocery market has been providing people with the basic necessity and their grocery items maintaining all the measured precautions. So, everyone is finding it more reliable than ever. Even after this will be over, people will choose this because of the increasing working population as well as hectic schedules.

Mostly the Online Grocery market has its own amazing impact on people who do not get time. In terms of shopping online grocery, you will be able to keep a track of your spending as well.

In the recent market research reports that were published by Sheer Analytics & Insights, the Online Grocery Market has different segmentation. Geographically, the Online Grocery Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, and Africa.  

The key players in the global Online Grocery Market include Key players profiled in the report include JD, Kirana Now, Amazon, Wal-Mart Stores Inc, Ocado Group PLC, Sainsbury PLC, Innovative Retail Concepts Pvt Ltd (Bigbasket), Grofers India Private Limited (Grofers), Paytm E-Commerce Pvt. Ltd. (Paytm Mall), Others.

Global Online Grocery Market Has Been Segmented Into:

Global Online Grocery Market, By Category

  • Overview
  • Meat & Poultry Products
  • Fresh Produce
  • Beverages & Dairy Products
  • Bakery, Breakfast & Cereal

Global Online Grocery Market, By Shopper

  • Overview
  • Generation Z
  • Millenials
  • Generation X
  • Baby Boomers
  • Silent Generation

Global Online Grocery Market: By Region

  • North America (U.S. and Rest of North America)
  • Europe (U.K., Germany, France, and Rest of Europe)
  • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

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