Global E-Grocery Market size, share, Outlook and Opportunities 2022-2030: by Product Type and by Region

Key Findings

• Global E-Grocery market projects a very stronger growth and the market value is set to grow at 36.2% from USD 232 billion over the forecast period 2022-2030.
• A Sudden outbreak of Coronavirus, the impact of lockdown in the majority of the global countries, and growing awareness for the avoidance of direct contact with the public are the current market trends in the E-Grocery market.
• Despite many industries including e-commerce and logistics faced a decline during the lockdown period globally, e-grocery is one of the few markets that experienced an upsurge and is also estimated to show a stronger growth during the forecast period.
• Asia Pacific is expected to show a significant e-grocery market growth in this COVID-19 crisis due to an increase in the online purchase of e-grocery products during lockdown and government instructions to avoid unnecessary public contacts.

E-Grocery model is a concept of supplying the chosen fresh and packaged household products to the customers from the stores upon their selection through websites and applications. An increase in the purchase of online grocery products during the lockdown period caused by the ongoing COVID-19 pandemic is the major factor driving the e-grocery market share. Growing in the number of online grocery consumers coupled with the door-to-door delivery options delivered by the grocery firms is also a factor driving the e-grocery market growth.

Clients, families with infants, and the elderly prefer to stay indoors and place online grocery orders in order to reduce the chances of contracting the virus. An increasing number of the working population, lack of time for the offline shopping, availability of more number of options for the customers to choose the best products at low costs and growing adoption for comfortable and convenient shopping are also fuelling the growth of the market.

Further, online orders are done through e-commerce websites or mobile apps that result in creating new opportunities for the key players to provide services in the lockdown period. Volunteers from each society of the developed and developing countries are helping these firms consolidate orders and ensure smooth delivery. Selling groceries and other daily-use products online opens up a sales avenue for retailers at little extra cost in the COVID-19 pandemic. Market demand for grocery and essential items during the lockdown due to Coronavirus has led to the launch of many new grocery and vegetable delivery services across major cities.

However, acute shortage of delivery staff, delay in the delivery of grocery items to warehouses, and customers are restricting the growth of the e-grocery market. While Indian grocery supply companies such as BigBasket have seen a surge in demand since the lockdown started, supply chains across the country have been disrupted by local government restrictions. For instance, one of the companies “Amazon” faces unprecedented challenges as dozens of warehouses grapple with COVID-19 outbreaks. The key players in the market are focusing on increasing their service and product portfolio and reducing the costs of the products and developing new apps in order to compete with their competitors.

Global E-Grocery Market Insights
The 2022 series of global E-Grocery market size, share, outlook, trends and growth prospects provides a comprehensive work on global E-Grocery market conditions. Major trends shaping the near and long term future of the industry, opportunities, drivers and restraints of the market, detailed porter’s five forces analysis and competitive insights are included in the research report.

Global E-Grocery Market Share by Product Type:

• The report presents the detailed annual outlook of various product types of the market to 2030. The report studied 9 types including Food Produce staples & Cooking essentials, Beverages, Meat & sea food, Bakery & Confectionery products, Cosmetics and Personal Care, Baby Care products, Stationery, Laundry & Household cleaning and other products of E-Grocery.

Global E-Grocery Market Revenue by Region:

• The report computes the E-Grocery market value in terms of revenue across 5 regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa are studied in the report. In addition, historic data from 2021 and annual forecasts to 2030 are also included in the research report. Globally, Asia-Pacific is showing a high growth rate in the E-Grocery market.

Global E-Grocery Market Analysis by Company:

• Top 10 leading companies in the global E-Grocery market are analyzed in the report along with their business overview, operations, geographical locations, financial analysis, SWOT profile and E-Grocery products & services.
• Global E-Grocery Market News and Recent Developments

- The latest news and industry developments in terms of E-Grocery product and technology developments, acquisitions, growth strategies, joint ventures and collaborations, product launches and market expansions are included in the report.

• E-Grocery Market - Strategic Analysis Review

Key strategies opted by leading players:

• Short to Long Term Industry Trends
• Porter’s Five Forces Analysis
• Supply side and Demand Side Drivers and Challenges
• E-Grocery Market - Growth Opportunities
• Potential New Business Opportunities
• Key Areas of Focus in the forecast period
• E-Grocery Market - Competitive Scenario
• 10 companies are analyzed in the report including AmazonFresh LLC, Koninklijke Ahold Fresh Direct, LLC, mySupermarket Limited, Bigbasket, NetGrocer.com, Inc., Walmart Stores, Inc., Safeway, Inc., Supermarket Grocery Supplies Pvt. Ltd., ShopFoodEx, Schwan Food Company, and My Brands Inc. among others.
• Company Profile and SWOT Analysis
• Financial Analysis.

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