Press release
Vietnam Online Grocery Market Industry Size, Demand and Forecast Research Report to 2027
The online grocery delivery penetration in total grocery market is expected to increase to more than 3.0% by the end of 2026F.
The Beauty and Health segment will continue dominating on the basis of GMV, followed by Food & Beverages category, in 2026.
Technological development such as drone deliveries, warehouse automation and voice ordering are anticipated to be adopted by service providers to enable quicker deliveries.
The demand for online grocery is rising among working professionals & married couples as they have less time to physically visit a store for grocery shopping.
Impact of Covid-19: The online grocery Industry in Vietnam witnessed a triple digit growth during the Covid-19 pandemic as people avoided going to crowded places and shifted to buying grocery online. Companies experienced a surge in average order size as customers were shopping in bulk. Average delivery time also increased to seven to ten days. In order to fulfil the increased demand, companies expanded their delivery fleet by partnering with third party delivery companies to manage last-mile logistics.
Expanding Partnerships: It is anticipated that companies would be expanding tie ups with suppliers & grocery stores, food delivery companies, e-wallet companies to leverage their capabilities to fulfil customer orders. Introduction of express delivery, regional expansion, diversification of product portfolio, focus on achieving operational efficiency and establishment of dark store are the future strategies that can be adopted the companies.
Future Technology: Drone Technology, Voice Ordering, Artificial Intelligence, Warehouse Automation is anticipated to drive the online grocery delivery market in future. Incorporating AI in front end would enable the company to create personalized shopping experience for the customer. Demand prediction and consumer behaviour analysis is crucial to ensure sufficient availability of products and to maintain minimum wastage.
According to the report by Ken Research titled "Vietnam Online Grocery Market Outlook to 2026 - Market Driven by Increasing Smartphone Penetration, Changing Shopping Habits of Consumers and Regional Expansion of the Online Grocery Players", the Online Grocery Delivery Market will grow at a CAGR of 20.4% during the period 2021P - 2026F. The market will witness growth owing to changing purchasing habits of consumers, rapid growing e-commerce awareness and introduction of subscription models & innovative strategies adopted by service provides.
Visit @ https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/vietnam-online-grocery-market-outlook-to-2026/524047-95.html
Key Segments Covered:
By Product Category
Beauty & Health
Food & Beverages
Fresh Food
Household supplies
Others
By Mode of Payment
Cash on Delivery
Online Payments
By Age Group
18-24 years
25-34 years
35-44 years
45+ years
By Type of Business
B2B
B2C
By Mode of Delivery
In a specific time period
Express Delivery
Others
By Cities
Ho Chi Minh City
Hanoi
Da Nang
Companies Covered
Shopee
Tiki
Lazada
Chopp
GrabMart
opmart
Key Target Audience
Online Grocery Delivery Companies
Supermarkets & Hypermarkets
E-commerce Companies
Food Delivery Companies
Investors
For more details @ https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/vietnam-online-grocery-market-outlook-to-2026/524047-95.html
Time Period Captured in the Report: -
Historical Period: 2016-2021P
Forecast Period: 2021P-2026F
Key Topics Covered in the Report: -
How is the Online Grocery Market positioned in Vietnam?
Comparison of the Brick-and-Mortar Grocery with the Online Grocery Platform
Target Addressable Audience for the market
Supply Ecosystem and Challenges
Demand Scenario, Target Customer and Factor Influencing Consumer Behavior
Cross Comparison of Operating Models (Marketplace and Omnichannel)
SWOT Analysis
Current Technologies Facilitating Online Grocery Delivery Industry
Upcoming Technologies in Online Grocery Delivery Industry
Investment and Funding in Online Grocery Delivery Companies in Vietnam
Competitive Landscape - Cross Comparison of Major Players
Company Profiles
Future Market Analysis and Trends
Analyst Recommendations
Research Methodology
For More Information on the research report, refer to below link:-
https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/vietnam-online-grocery-market-outlook-to-2026/524047-95.html
Related Reports:
https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/ksa-online-grocery-delivery-market-outlook/347120-95.html
https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/uae-online-grocery-delivery-market-outlook-to-2025/336546-95.html
https://www.kenresearch.com/food-beverage-and-tobacco/general-food/vietnam-pudding-market-outlook-to-2025/419527-11.html
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Ken Research
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Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
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