Online Grocery Delivery Services Market Expected to Grow $800 Billion | Increased popularity and adoption of e-commerce platform to drive growth
NEW YORK, January 13, 2022 /PRNewswire/ — The “Online Grocery Delivery Services Market by End User (Individuals and Others) and Geography (APAC, Europe, North America, South America, and MEA) – Forecast and Analysis 2021-2025report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with over 100 Fortune 500 companies for over 16 years.
55% of market growth will come from APAC during the forecast period. China and Japan are the leading markets for online grocery delivery services in the APAC region. Market growth in this region will be faster than market growth in other regions. Rising income level, westernization of shopping habits and awareness of online grocery shopping will facilitate the growth of the online grocery delivery service market in APAC region during the forecast period
The difference in potential growth for the Online Grocery Delivery Services Market between 2020 and 2025 is $800 billion. To get the exact annual growth variance and annual growth rate, Talk to our analyst.
Key Market Dynamics:
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market engine
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Market challenges
the increased popularity and adoption of e-commerce platforms and rapid growth of e-commerce are some of the major market drivers. However, factors such as end user perception for online grocery will challenge the growth of the market. Holistic analysis of drivers and challenges will help infer end goals and refine marketing strategies to gain competitive advantage.
Learn more about additional key factors, trends and challenges available with Technavio. Read our FREE sample report now!
The Online Grocery Delivery Services Market report is segmented by Final user (Individuals and Others) and Geography (APAC, Europe, North America, South America, and MEA). The growth of the market share of online shopping delivery services by the individual segment will be important for revenue generation.
The Technavio report provides an accurate prediction of the contribution of all segments to the growth of the Online Grocery Delivery Services market size and actionable market insights on each segment.
See our sample report for additional information on the contribution of all segments and regional opportunities in the report.
Some companies mentioned with their offers
The market for online shopping delivery services is fragmented and vendors are deploying growth strategies such as forming strategic partnerships to compete in the market.
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To access more supplier profiles with their key offerings available with Technavio, Click here
Related reports:
Online Grocery Market at India –The online grocery market share in India is expected to grow by $4.74 billion between 2022 and 2026 at a CAGR of 20.52%. Download a free sample now!
Online Grocery Market –The online grocery market share is expected to grow by $136.97 billion from 2021 to 2025, and the growth momentum of the market will accelerate at a CAGR of 16.88%. Download a free sample now!
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Scope of the online grocery delivery services market |
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Report cover |
Details |
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Page number |
120 |
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base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum and CAGR |
Accelerate at a CAGR of 25% |
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Market Growth 2021-2025 |
$800.00 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
23.29 |
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Regional analysis |
APAC, Europe, North America, South America and MEA |
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Successful market contribution |
APAC 55% |
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Main consumer countries |
China, United Kingdom, United States, Japan and France |
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Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
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Profiled companies |
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. |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period. |
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Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
Main topics covered:
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Summary
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Market landscape
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Market sizing
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Five forces analysis
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Market segmentation
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Customer landscape
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Geographic landscape
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Supplier Landscape
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Vendor analysis
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appendix
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