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PUBLISHER: Renub Research | PRODUCT CODE: 1484138
PUBLISHER: Renub Research | PRODUCT CODE: 1484138
Online Grocery Market Report by Products, Purchaser Type, Delivery Type, Payment Mode, Regions and Company Analysis 2024-2032
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PAGES: 210 Pages
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Global Online Grocery Market was US$ 492.22 Billion in 2023 and expected to reach US$ 2,984.27 Billion by 2032. It is expected to grow at a CAGR of 22.17% from 2024 to 2032, as per Renub Research.
The online grocery market is a digital platform where consumers can purchase various food and household products online. This digital industry offers convenience, a wide product selection, and time-saving benefits to consumers. The online grocery market has witnessed numerous recent developments that are focused on improving and enhancing online grocery delivery services. Amazon.com, Inc. extended its partnership with Rite Aid in March 2023 to offer two-hour delivery to Prime members for cosmetics and groceries.
Online Grocery Market Survey
- There are currently over 26 million eCommerce websites across the globe, and new ones are being developed every day.
- 87% of customers reported using their mobile devices to shop for groceries online.
- According to a recent study, 51% of Millennials stated that they would consider switching brands if they were offered digital services without flaws.
- 72% of customers prefer online grocery shopping due to convenience.
- In 2022, 87.2% of US residents aged 15 or older usually shop for groceries online or in person. Of these, 19.3% have bought groceries online in the last 30 days.
- By 2024, over 50% of online purchases in China will be made using mobile devices.
- In China, digital grocery purchases increased from 9.0% in 2018 to 19.0% in 2021. This figure is predicted to reach almost 30% by 2025.
- By 2023, India's e-retail shopper base is estimated to reach 230-250 million, with over 100 million added in the last three years. Seventy percent of online shoppers live in Tier 2+ cities, and one-third are Gen Z. About a third of online shoppers belong to low-income or low-middle-income groups.
Recent Merger & Acquisition in Online Grocery Market
- In July 2023, Swiggy acquired LYNK Logistics Ltd entered the food and grocery retail market.
- July & October 2023, Kering completed acquisitions of Creed & Purchase 30% Stake in Valentino.
- In 2023, Aldi acquired Winn-Dixie and Harveys Supermarket.
- April 2023, L'Oreal announced the acquisition of Aesop
- In 2023, Ahold Delhaize USA sold FreshDirect to Getir.
- In 2023, Price Chopper d purchased 5 former New York ShopRite stores.
- In 2023, PFSbrands acquired Moser's Foods, a grocer in Mid-Missouri.
- In 2023, Foxtrot and Dom's announced a merger.
- In April 2024, SpartanNash acquired Metcalfe's Market, a three-store Wisconsin grocer.
- In October 2022, Kroger Co. and Albertsons Cos. announced the merger, raising concerns from industry stakeholders, national unions, The Federal Trade Commission, and various lawmakers.
India Online Grocery Market
By 2030, India is expected to have the second-largest online shopper base globally, with 500-600 million shoppers. The Indian online grocery market is booming, mainly due to the growth of the e-commerce industry, increasing mobile internet penetration, and the convenience of online shopping. Due to rising incomes and urbanization, online grocery stores are expanding to Tier-II cities. The need for online grocery stores arose due to changing working conditions and the challenge of finding extensive land within cities. The text states that by 2025, around 87% of Indian households will have internet access, with a 21% increase in mobile internet access compared to 2019.
- BigBasket, India's biggest online grocery, received US$ 300 Million in funding from Alibaba in 2022, valuing the company at around US$ 950 Million.
Global Online Grocery Company Analysis
The global online grocery market has vital industry players, including Tesco Plc., Walmart Inc., Auchan SA, Kroger Co., Carrefour, Costco Wholesale Corporation, Koninklijke Ahold Delhaize N.V., and Target Corporation.
Global Online Grocery Company News
- In January 2024 - Stor.ai and Mercatus Technologies merged to help independent and regional retailers offer e-commerce services to customers and compete with larger grocers.
- In November 2023 - Ahold Delhaize USA is selling FreshDirect to Getir, a leader in ultrafast grocery delivery. The decision was made to focus on omnichannel investments.
- In October 2023 - Kroger now accepts EBT payment for digital pickup and delivery orders.
- In July 2023 - Woolworths New Zealand now offers more than 10,000 grocery items through the MILKRUN app. The retailer is committed to providing excellent supermarket experiences and has transitioned from Countdown to Woolworths New Zealand.
- In January 2023 - Sainsbury's partnered with Eat Takeaway for faster grocery delivery.
Products - Market breakup in 6 viewpoints:
1. Ready-to-eat Breakfast & Dairy
2. Staples & Cooking Essentials
3. Snacks & Beverages
4. Meat & Seafood
5. Fresh Produce
6. Others
Purchaser Type - Market breakup in 2 viewpoints:
1. Ready-to-eat Subscription Purchase
2. One Time Purchase
Delivery Type - Market breakup in 2 viewpoints:
1. Ready-to-eat Click & Collect
2. Home Delivery
Payment Mode - Market breakup in 2 viewpoints:
1. Online
2. Cash on Delivery
Country - Market breakup of 25 Countries:
1. North America
- 1.1 United States
- 1.2 Canada
2. Europe
- 2.1 France
- 2.2 Germany
- 2.3 Italy
- 2.4 Spain
- 2.5 United Kingdom
- 2.6 Belgium
- 2.7 Netherland
- 2.8 Turkey
3. Asia Pacific
- 3.1 China
- 3.2 Japan
- 3.3 India
- 3.4 South Korea
- 3.5 Thailand
- 3.6 Malaysia
- 3.7 Indonesia
- 3.8 Australia
- 3.9 New Zealand
4. Latin America
- 4.1 Brazil
- 4.2 Mexico
- 4.3 Argentina
5. Middle East & Africa
- 5.1 Saudi Arabia
- 5.2 UAE
- 5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. Tesco Plc.
2. Walmart Inc.
3. Auchan SA
4. The Kroger Co.
5. Carrefour
6. Costco Wholesale Corporation
7. Koninklijke Ahold Delhaize N.V.
8. Target Corporation
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
5. Global Online Grocery Market
6. Global Online Grocery - Market Share Analysis
- 6.1 By Product
- 6.2 By Purchase Type
- 6.3 By Delivery Type
- 6.4 By Payment Method
- 6.5 By Countries
7. Product - Global Online Grocery Market
- 7.1 Breakfast & Dairy
- 7.2 Staples & Cooking Essentials
- 7.3 Snacks & Beverages
- 7.4 Meat & Seafood
- 7.5 Fresh Produce
- 7.6 Others
8. Purchaser Type - Global Online Grocery Market
- 8.1 Subscription Purchase
- 8.2 One Time Purchase
9. Delivery Type - Global Online Grocery Market
- 9.1 Click & Collect
- 9.2 Home Delivery
10. Payment Method - Global Online Grocery Market
- 10.1 Online
- 10.2 Cash on Delivery
11. Countries - Global Online Grocery Market
- 11.1 North America
- 11.1.1 United States
- 11.1.2 Canada
- 11.2 Europe
- 11.2.1 France
- 11.2.2 Germany
- 11.2.3 Italy
- 11.2.4 Spain
- 11.2.5 United Kingdom
- 11.2.6 Belgium
- 11.2.7 Netherland
- 11.2.8 Turkey
- 11.3 Asia Pacific
- 11.3.1 China
- 11.3.2 Japan
- 11.3.3 India
- 11.3.4 South Korea
- 11.3.5 Thailand
- 11.3.6 Malaysia
- 11.3.7 Indonesia
- 11.3.8 Australia
- 11.3.9 New Zealand
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.2 Mexico
- 11.4.3 Argentina
- 11.5 Middle East & Africa
- 11.5.1 Saudi Arabia
- 11.5.2 UAE
- 11.5.3 South Africa
12. Porter's Five Forces Analysis - Global Online Grocery Market
- 12.1 Bargaining Power of Buyers
- 12.2 Bargaining Power of Suppliers
- 12.3 Degree of Rivalry
- 12.4 Threat of New Entrants
- 12.5 Threat of Substitutes
13. SWOT Analysis - Global Online Grocery Market
- 13.1 Strength
- 13.2 Weakness
- 13.3 Opportunity
- 13.4 Threat
14. Key Players
- 14.1 Tesco Plc.
- 14.1.1 Overview
- 14.1.2 Recent Development
- 14.1.3 Revenue Analysis
- 14.2 Walmart Inc.
- 14.2.1 Overview
- 14.2.2 Recent Development
- 14.2.3 Revenue Analysis
- 14.3 Auchan SA
- 14.3.1 Overview
- 14.3.2 Recent Development
- 14.3.3 Revenue Analysis
- 14.4 The Kroger Co.
- 14.4.1 Overview
- 14.4.2 Recent Development
- 14.4.3 Revenue Analysis
- 14.5 Carrefour
- 14.5.1 Overview
- 14.5.2 Recent Development
- 14.5.3 Revenue Analysis
- 14.6 Costco Wholesale Corporation
- 14.6.1 Overview
- 14.6.2 Recent Development
- 14.6.3 Revenue Analysis
- 14.7 Koninklijke Ahold Delhaize N.V.
- 14.7.1 Overview
- 14.7.2 Recent Development
- 14.7.3 Revenue Analysis
- 14.8 Target Corporation
- 14.8.1 Overview
- 14.8.2 Recent Development
- 14.8.3 Revenue Analysis
List of Figures
- Figure-01: Global - Online Grocery Market (Billion US$), 2019 - 2023
- Figure-02: Global - Forecast for Online Grocery Market (Billion US$), 2024 - 2032
- Figure-03: Product - Breakfast & Dairy Market (Million US$), 2019 - 2023
- Figure-04: Product - Forecast for Breakfast & Dairy Market (Million US$), 2024 - 2032
- Figure-05: Product - Staples & Cooking Essentials Market (Million US$), 2019 - 2023
- Figure-06: Product - Forecast for Staples & Cooking Essentials Market (Million US$), 2024 - 2032
- Figure-07: Product - Snacks & Beverages Market (Million US$), 2019 - 2023
- Figure-08: Product - Forecast for Snacks & Beverages Market (Million US$), 2024 - 2032
- Figure-09: Product - Meat & Seafood Market (Million US$), 2019 - 2023
- Figure-10: Product - Forecast for Meat & Seafood Market (Million US$), 2024 - 2032
- Figure-11: Product - Fresh Produce Market (Million US$), 2019 - 2023
- Figure-12: Product - Forecast for Fresh Produce Market (Million US$), 2024 - 2032
- Figure-13: Product - Others Market (Million US$), 2019 - 2023
- Figure-14: Product - Forecast for Others Market (Million US$), 2024 - 2032
- Figure-15: Purchaser Type - Subscription Purchase Market (Million US$), 2019 - 2023
- Figure-16: Purchaser Type - Forecast for Subscription Purchase Market (Million US$), 2024 - 2032
- Figure-17: Purchaser Type - One Time Purchase Market (Million US$), 2019 - 2023
- Figure-18: Purchaser Type - Forecast for One Time Purchase Market (Million US$), 2024 - 2032
- Figure-19: Delivery Type - Click & Collect Market (Million US$), 2019 - 2023
- Figure-20: Delivery Type - Forecast for Click & Collect Market (Million US$), 2024 - 2032
- Figure-21: Delivery Type - Home Delivery Market (Million US$), 2019 - 2023
- Figure-22: Delivery Type - Forecast for Home Delivery Market (Million US$), 2024 - 2032
- Figure-23: Payment Method - Online Market (Million US$), 2019 - 2023
- Figure-24: Payment Method - Forecast for Online Market (Million US$), 2024 - 2032
- Figure-25: Payment Method - Cash on Delivery Market (Million US$), 2019 - 2023
- Figure-26: Payment Method - Forecast for Cash on Delivery Market (Million US$), 2024 - 2032
- Figure-27: United States - Online Grocery Market (Million US$), 2019 - 2023
- Figure-28: United States - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-29: Canada - Online Grocery Market (Million US$), 2019 - 2023
- Figure-30: Canada - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-31: France - Online Grocery Market (Million US$), 2019 - 2023
- Figure-32: France - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-33: Germany - Online Grocery Market (Million US$), 2019 - 2023
- Figure-34: Germany - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-35: Italy - Online Grocery Market (Million US$), 2019 - 2023
- Figure-36: Italy - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-37: Spain - Online Grocery Market (Million US$), 2019 - 2023
- Figure-38: Spain - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-39: United Kingdom - Online Grocery Market (Million US$), 2019 - 2023
- Figure-40: United Kingdom - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-41: Belgium - Online Grocery Market (Million US$), 2019 - 2023
- Figure-42: Belgium - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-43: Netherland - Online Grocery Market (Million US$), 2019 - 2023
- Figure-44: Netherland - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-45: Turkey - Online Grocery Market (Million US$), 2019 - 2023
- Figure-46: Turkey - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-47: China - Online Grocery Market (Million US$), 2019 - 2023
- Figure-48: China - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-49: Japan - Online Grocery Market (Million US$), 2019 - 2023
- Figure-50: Japan - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-51: India - Online Grocery Market (Million US$), 2019 - 2023
- Figure-52: India - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-53: South Korea - Online Grocery Market (Million US$), 2019 - 2023
- Figure-54: South Korea - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-55: Thailand - Online Grocery Market (Million US$), 2019 - 2023
- Figure-56: Thailand - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-57: Malaysia - Online Grocery Market (Million US$), 2019 - 2023
- Figure-58: Malaysia - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-59: Indonesia - Online Grocery Market (Million US$), 2019 - 2023
- Figure-60: Indonesia - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-61: Australia - Online Grocery Market (Million US$), 2019 - 2023
- Figure-62: Australia - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-63: New Zealand - Online Grocery Market (Million US$), 2019 - 2023
- Figure-64: New Zealand - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-65: Brazil - Online Grocery Market (Million US$), 2019 - 2023
- Figure-66: Brazil - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-67: Mexico - Online Grocery Market (Million US$), 2019 - 2023
- Figure-68: Mexico - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-69: Argentina - Online Grocery Market (Million US$), 2019 - 2023
- Figure-70: Argentina - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-71: Saudi Arabia - Online Grocery Market (Million US$), 2019 - 2023
- Figure-72: Saudi Arabia - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-73: UAE - Online Grocery Market (Million US$), 2019 - 2023
- Figure-74: UAE - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-75: South Africa - Online Grocery Market (Million US$), 2019 - 2023
- Figure-76: South Africa - Forecast for Online Grocery Market (Million US$), 2024 - 2032
- Figure-77: Tesco Plc. - Global Revenue (Million US$), 2019 - 2023
- Figure-78: Tesco Plc. - Forecast for Global Revenue (Million US$), 2024 - 2032
- Figure-79: Walmart Inc. - Global Revenue (Million US$), 2019 - 2023
- Figure-80: Walmart Inc. - Forecast for Global Revenue (Million US$), 2024 - 2032
- Figure-81: Auchan SA - Global Revenue (Million US$), 2019 - 2023
- Figure-82: Auchan SA - Forecast for Global Revenue (Million US$), 2024 - 2032
- Figure-83: The Kroger Co. - Global Revenue (Million US$), 2019 - 2023
- Figure-84: The Kroger Co. - Forecast for Global Revenue (Million US$), 2024 - 2032
- Figure-85: Carrefour - Global Revenue (Million US$), 2019 - 2023
- Figure-86: Carrefour - Forecast for Global Revenue (Million US$), 2024 - 2032
- Figure-87: Costco Wholesale Corporation - Global Revenue (Million US$), 2019 - 2023
- Figure-88: Costco Wholesale Corporation - Forecast for Global Revenue (Million US$), 2024 - 2032
- Figure-89: Koninklijke Ahold Delhaize N.V. - Global Revenue (Million US$), 2019 - 2023
- Figure-90: Koninklijke Ahold Delhaize N.V. - Forecast for Global Revenue (Million US$), 2024 - 2032
- Figure-91: Target Corporation - Global Revenue (Million US$), 2019 - 2023
- Figure-92: Target Corporation - Forecast for Global Revenue (Million US$), 2024 - 2032
List of Tables
- Table-01: Global - Online Grocery Market Share by Product (Percent), 2019 - 2023
- Table-02: Global - Forecast for Online Grocery Market Share by Product (Percent), 2024 - 2032
- Table-03: Global - Online Grocery Market Share by Purchase Type (Percent), 2019 - 2023
- Table-04: Global - Forecast for Online Grocery Market Share by Purchase Type (Percent), 2024 - 2032
- Table-05: Global - Online Grocery Market Share by Delivery Type (Percent), 2019 - 2023
- Table-06: Global - Forecast for Online Grocery Market Share by Delivery Type (Percent), 2024 - 2032
- Table-07: Global - Online Grocery Market Share by Payment Method (Percent), 2019 - 2023
- Table-08: Global - Forecast for Online Grocery Market Share by Payment Method (Percent), 2024 - 2032
- Table-09: Global - Online Grocery Market Share by Countries (Percent), 2019 - 2023
- Table-10: Global - Forecast for Online Grocery Market Share by Countries (Percent), 2024 - 2032
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