Online Grocery Market Set to Grow at a CAGR of 19.5% by 2024

Posted on 2018-11-29 by Goldstein Research in Consumer Services // 0 Comments

New York, USA, 2018-Nov-29 — /EPR Network/ —According to Goldstein Research, global online grocery market is projected to be growing at a CAGR of 19.5% over the forecast period 2016-2024. The global online grocery market accounts for nearly 15% of the total sale through e0commerce retail sales. The penetration of online grocery market into various regions & their expansion is largely dependent upon the digital maturation. Various retail store companies are witnessed to shift their business to online platforms. The multiple attributes such as prices, product quality, convenience, promotions, app management, and efficient customer care services are the major store switching drivers. Further based on geography, global online grocery market is dominated by Asia Pacific region, where South Korea acquires the largest market share at the global level, followed by Japan, U.K., France, Taiwan & China.

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Market Segmentation

On the basis of our in-depth analysis, Global Online Grocery Market can be segmented as follows:

By Company Type

Pure Marketplace (Grofers, Big Basket)
Hybrid Marketplace (Amazon)
Brand (Godrej)
Retail Chain (Wal-Mart)

By E-Commerce Option

Online Order for Home Delivery
Virtual Supermarket
Online Order and Pick-up Inside the Store

By Category

Personal Care Products
Household Products
Food & Beverage Products

By Region

North America Online Grocery Market Analysis, 2016-2024
Europe Online Grocery Market Analysis, 2016-2024
Middle East And Africa Online Grocery Market Analysis, 2016-2024
Latin America Online Grocery Market Analysis, 2016-2024
Asia Pacific Online Grocery Market Analysis, 2016-2024

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“Global Online Grocery Market Outlook 2024” highlights a comprehensive overview of the global online grocery market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by company type, e-commerce option, category and geography.

The Global Online Grocery Market Industry Analysis Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of the online grocery market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global online grocery market discussed in the report are Amazon, Carrefour, Kroger, Target, Tesco, Walmart, Costco Wholesale, EDEKA, METRO AG, Safeway, Schwarz, Tengelmann, Coles Supermarkets, etc.

Further, Global Online Grocery Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Online Grocery Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, USP Analysis, BPS analysis, and Market Attractiveness. The report also contains the expert analysis related to complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

Global Online Grocery market is further bifurcated in various segments with separate market analysis mentioned below:

E-Commerce Market Analysis

E-commerce market has grown dramatically over the past few decade, and the good news for eCommerce businesses is that there doesn’t look like there will be a slowdown anytime soon. Global E-Commerce Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

UAE Personal Care Products Market

The UAE showcase solid growth rate globally, overall personal care products industry growth is promising related to historic period. Personal care product market growth is majorly driven by young and aspirational population and who is significantly investing in grooming, to get attractive appearance and to maintain their health in the process. UAE personal care products market to expand at a CAGR of 5.3% during the forecast period 2017-2025.

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