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Saudi Arabia Online B2B Grocery Market Revenue, Size & Trends Analysis Report By Application, By Region, And Segment Forecast Till- 2026: Ken Research

08-17-2022 01:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt Ltd

Saudi Arabia Online B2B Grocery Market Revenue, Size & Trends

Saudi Arabia Online B2B Grocery Market Overview:

The Online B2B Grocery Market in Saudi Arabia has seen significant growth in last few years supported by increased precautionary buying due to COVID which fueled the grocery market. The entry of emergent players into the market is also fuelling the online B2B grocery industry in KSA.

The availability of a large selection of SKUs and online B2B grocery platforms in KSA is empowering friendly neighbourhood shops by relieving them of the burdens of inventory and cash flow. This makes retailing easy and stress-free for them. Also, the adoption of online channels is very high among Bakalas, coupled with high stickiness to the new channel. The digital retailers (Bakalas) are maturing, and decision criteria is moving towards experiential factors and away from value proposition factors.

The Online B2B Grocery Market in Saudi Arabia is segmented on the basis of total number of orders and the revenue with a CAGR of ~% over the period 2016-2021 with total Revenue generated ~% in USD Bn.

KSA Online B2b Grocery Market Segmentation

Saudi Arabia Online Grocery Market is at growing stage and has a high potential with growth opportunities like digital transformation, and growing trend of online bulk ordering.

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Saudi Arabia Online B2B Grocery Research Report

By Product Category: Oil and dairy products are dominating the market followed by beverages, staples and confectioneries in 2021.

By Mode of Sales: Majority of the revenue is generated through cash on delivery mode in 2021 while other mode of sales are expected to grow in future.

By Point of Sales: Majority of the revenue is generated form Medium grocery stores and HoReCa as adoption rates of online B2B grocery platforms are comparatively higher.

By GMV and Number of Orders on the basis of Region: Riyadh and Jeddah are generating the highest GMVs followed by Dammam, Mecca and Medina in 2021.

By Number of Orders per Region: More than 50% of the orders are from Riyadh and Jeddah due to higher urbanization and large number of small shops in 2021.

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Bakala Retailer Customer Analysis:

Unorganized bakals are dominating the overall retailers in Saudi Arabia with Riyadh and Jeddah has the highest number of Bakals retailers followed by Dammam and Mecca.

Snapshot of FMCG and Grocery Market

The KSA's FMCG market is largely concentrated in the three cities - Riyadh, Jeddah, and Dammam. Internet has facilitated a convenient mode to increase a company's reach

Saudi Arabia FMCG Market Size

The FMCG market in Saudi Arabia is fueled by due to the country's large population and rising purchasing power of the workforce with largely concentrated in the three cities - Riyadh, Jeddah, and Dammam in 2021.

Saudi Arabia B2C Grocery Market Size

KSA grocery market combines both offline and online B2C grocery market driven by a rising population, improving education and changing shopping habits, with increased demand driven by precautionary buying are some factors boosting the KSA Grocery market.

Saudi Arabia Offline B2C Grocery Market Size

The offline grocery market in Saudi Arabia is growing rapidly led by the Bakalas in the region and driven by rising willingness to pay a premium.

Competition Landscape of Saudi Arabia online b2B Grocery Market

The competition in Saudi Arabia B2B grocery market was observed to be moderately concentrated. Sary acquires majority of the market share in Saudi Arabia with other players includes DX Buy, Fatura, retailo and Max Ab.

Companies in Saudi Arabia Online B2B Grocery market are competing based on Order delivery volumes, Delivery Time, Track and tracing, Network Coverage, Terms of credit target customers and automated delivery technology

Saudi arabia online b2B Grocery Market Future Outlook and Projections

The Online B2B Grocery Market is expected to grow at a double digit ~% CAGR on the basis of Revenue and ~% on the basis of number of orders. With the market at rebound stage, factors such as digital economy, easy financing option from platforms and tech-enabled value services by companies will drive the online B2B grocery market in the near future.

Key Target Audience

B2B Grocery Platforms
3PL Logistics Companies
Grocery Delivery companies
Last Mile Logistics Companies
Quick Commerce Companies
Integrated Logistics Companies
E-Commerce Marketplace Platform
Retail Companies
Logistics/Supply Chain Industry Associations
Market research and Consulting firms
Key Topics Covered in the Report

Executive Summary
Saudi Arabia Online B2B Grocery Market Future Outlook
Saudi Arabia FMCG Market Overview
Saudi Arabia Online B2B Grocery Market
Saudi Arabia Offline B2C Grocery
Saudi Arabia Online B2B Grocery Market Size
Saudi Arabia Online B2B Grocery Market Landscape
Saudi Arabia Online B2B Grocery Market Segmentation
Saudi Arabia Online B2B Grocery Market End User Analysis
Saudi Arabia Online B2B Grocery Bakala Retailers Analysis
Competitive Landscape Saudi Arabia Online B2B Grocery Market
Future Market Size and Segmentations, 2021-2026F
Covid-19 Impact Saudi Arabia Online B2B Grocery Market
Analyst Recommendations
Case Studies

Related Reports

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Ken Research
Ankur Gupta, Head Marketing & Communications

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

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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