Press release
Online Grocery Delivery Services Market Key Player are Alibaba Group, Amazon.com, JD.com, Ocado, Tesco, Walmart.5
The global online grocery delivery services market is experiencing healthy growth. Despite this, it failed to change the perception of a large base of target customers as the market is at its nascent stage. Vendors are finding it hard to create a positive impact on end-user’s mind.
The online grocery delivery services Industry appears to be moderately fragmented and with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.’
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growth in demand for functional foods and beverages.”
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Some of the leading players in the Online Grocery Delivery Services market include , online grocery delivery services market: Alibaba Group, Amazon.com, JD.com, Ocado, Tesco, Walmart.
Hectic schedules, increasing working population, and tedious commuting provide opportunities to businesses and entrepreneurs to set up online grocery stores. With the evolving technology and increasing penetration of internet services, there is rising awareness among consumers about the different shopping trends prevailing in the society. Millennials and Generation Z are the most attractive consumer segments in the market. These are the most tech savvy users, and are ready to pay premium to avail same-day delivery of products. However, concerns regarding the freshness of fruits and vegetables, and high delivery charges act as threats for market growth.
The e-commerce platform has witnessed ample growth during the past decade. As per the World Bank Group in 2016, 3.41 billion people worldwide were active internet users. Another major growth factor leading to increased popularity and adoption of e-commerce platform is the increasing internet penetration globally. The analysts have predicted that the online grocery delivery services market will register a CAGR of more than 22% by 2022.
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According to the report, one of the major drivers for this market is the increased popularity and adoption of e-commerce platform.Further, the report states that one of the major factors hindering the growth of this market is the huge competition from offline retail stores.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
These questions are mentioned below:
•What are the main factors likely to encourage the growth of global Online Grocery Delivery Services market?
•Which factors are expected to limit the development of the global Online Grocery Delivery Services market?
•Which application and product segments are anticipated to top in the forecast period?
•Which geographical segment is expected to lead and hold main share of the global Online Grocery Delivery Services market in the next few years?
•What are the projected values and growth rate of the global Online Grocery Delivery Services market?
•Which are the key players operating in the global Online Grocery Delivery Services market?
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