Press release
Latin America Online Grocery Market 2023 | Size Worth US$ 6.4 Billion by 2028 | Growth Rate (CAGR) of 13.2% - IMARC Group
Latin America Online Grocery Market Report 2023-2028
The Latin America online grocery market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.4 Billion by 2028, exhibiting a growth rate (CAGR) of 13.2% during 2023-2028.
Online grocery refers to various web-based applications that are used for purchasing food and necessary household products over the internet. They enable customers to place their orders through e-commerce websites or mobile applications and provide numerous benefits, such as convenience and ease of shopping, and anytime access to a wide variety of products. Along with this, they allow users to place pre-paid orders and schedule the time and intervals of the deliveries as per their requirements. Some of the common groceries available online include bakery, canned goods, dairy, frozen foods, meat, fresh fruits and vegetables, homecare cleaners, and personal care.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/latin-america-online-grocery-market/requestsample
Market Trends and Drivers:
Significant growth in the e-commerce industry is driving the market across Latin America. Moreover, the widespread utilization of internet services, the proliferation of mobile devices, and the availability of simple virtual payment methods that make online platforms easier and more convenient are contributing to the demand for online groceries. Apart from this, continuous technological advancements and the emergence of voice assistants and delivery robots, are acting as another growth-inducing factor. Due to shifting lifestyle preferences and the hectic working schedule of working professionals, the demand for online grocery shopping has rapidly increased across the region. Other factors, including rapid digitization, inflating disposable income levels of the masses, and the development of aggressive marketing strategies and celebrity endorsements, are also influencing the market across Latin America.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/latin-america-online-grocery-market
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Breakup by Product Type:
โข Vegetables and Fruits
โข Dairy Products
โข Staples and Cooking Essentials
โข Snacks
โข Meat and Seafood
โข Others
Breakup by Business Model:
โข Pure Marketplace
โข Hybrid Marketplace
โข Others
Breakup by Platform:
โข Web-Based
โข App-Based
Breakup by Purchase Type:
โข One-Time
โข Subscription
Breakup by Country:
โข Brazil
โข Mexico
โข Argentina
โข Columbia
โข Chile
โข Peru
โข Others
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Key highlights of the Report:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข COVID-19 Impact on the Market
โข Porter's Five Forces Analysis
โข Historical, Current and Future Market Trends
โข Market Drivers and Success Factors
โข SWOT Analysis
โข Structure of the Market
โข Value Chain Analysis
โข Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
โข Preface
โข Scope and Methodology
โข Executive Summary
โข Introduction
โข SWOT Analysis
โข Value Chain Analysis
โข Price Analysis
โข Competitive Landscape
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐๐๐ง ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐ฅ๐ฒ๐ฎ๐ฑ ๐๐ฎ๐๐ฒ๐๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฏ๐ ๐๐ ๐๐ฅ๐ ๐๐ฟ๐ผ๐๐ฝ:
โข Tomato Seed Market Report: https://www.imarcgroup.com/tomato-seed-market
โข Snack Pellet Market Report: https://www.imarcgroup.com/snack-pellet-market
โข Recycled Glass Market Report: https://www.imarcgroup.com/recycled-glass-market
โข Psoriatic Arthritis Treatment Market Report: https://www.imarcgroup.com/psoriatic-arthritis-treatment-market
โข Medical Lifting Slings Market Report: https://www.imarcgroup.com/medical-lifting-slings-market
โข Visual Effects (VFX) Market Report: https://www.imarcgroup.com/visual-effects-market
โข Fruit Beer Market Report: https://www.imarcgroup.com/fruit-beer-market
IMARC Group
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Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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