Online Grocery Market to Grow at 25% CAGR by 2026 | IMARC Group

LOS ANGELES - May 12, 2021 - PRLog -- Online grocery is the purchasing and selling of fresh and packaged grocery items through mobile apps or e-commerce websites. It includes a wide variety of products, including fresh fruits and vegetables, dairy, cereals, drinks, snacks, seafood, meat, and other cooking essentials. The online grocery portals enable the consumer to choose from flexible payment options, access various products, select delivery slots, and track the delivery process.  As a result, online grocery shopping has gained immense traction, particularly among the urbanized and millennial population across the globe.

Global Online Grocery Market Trends:

The growing penetration of internet services and smart devices coupled with the expanding e-commerce sectors are primarily driving the market growth. Furthermore, the hectic consumers work schedules and increasing working women population are also catalyzing the market for online grocery.

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Global Online Grocery Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Amazon, Carrefour Hypermarches (Carrefour), Costco Wholesale Corporation, Edeka Zentrale AG & Co. Kg, Fresh Direct LLC, Happyfresh,  Peapod LLC (Koninklijke Ahold Delhaize N.V.), Reliance Retail Limited (Reliance Industries Limited), Safeway Inc. (Albertsons Investor Holdings LLC), Schwan Food Company, Shopfoodex Co Inc., Tesco PLC, The Kroger Co. , Walmart Inc. and Wm Morrison Supermarkets PLC.

The report has segmented the market on the basis on region, product type, business model, platform and  purchase type.

Breakup by Product Type:

• Vegetables and Fruits
• Dairy Products
• Staples and Cooking Essentials
• Snacks
• Meat and Seafood
• Others

Breakup by Business Model:

• Pure Marketplace
• Hybrid Marketplace
• Others

Breakup by Platform:

• Web-Based
• App-Based

Breakup by Purchase Type:

• One-Time
• Subscription

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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