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Indian Online Grocery Market to reach USD 46.30 Bn by 2029, emerging at a CAGR of 37.1 percent and forecast 2023-2029

Indian Online Grocery Market

Indian Online Grocery Market

Indian Online Grocery Market Report Scope and Research Methodology

Indian Online Grocery Market Market Projected to Reach US$ 46.30 Billion by 2029, Registering a Striking CAGR of 37.1%

Maximize Market Research Pvt Ltd presents an in-depth analysis of the Indian Online Grocery Market Market, encompassing short-term and long-term impact assessments, market dynamics, and regional insights.

Our research methodology ensures a thorough examination of the Indian Online Grocery Market Market, providing valuable insights for decision-makers. Request your free sample report to understand the research approach.

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Indian Online Grocery Market Dynamics:

A decade ago, the daily grocery needs were predominantly met by local kirana stores (mom-and-pop stores) or hyper-local markets/supermarkets. However, the intersection of technology and urbanization has spurred the emergence of numerous startups venturing into the online grocery domain. These platforms not only cater to consumers' grocery demands but also offer the advantages of home delivery, eliminating the need to endure long billing queues.

While currently concentrated in metropolitan and Tier-I cities, online grocery stores are gradually extending their reach to Tier-II cities. This expansion is fueled by rising incomes, urbanization trends, and a changing work landscape. Challenges posed by urbanization, including soaring land prices and limited availability of large spaces within cities like Mumbai and Delhi, have given rise to a new wave of hyper-local markets in outlying areas. However, the increased distances to these hyper-local stores, coupled with prolonged billing queues, have led to a shift in consumer behavior. The omnipresence of the internet has further accelerated this transformation, paving the way for the widespread adoption of online grocery shopping and fostering the growth of e-tailing.

Indian Online Grocery Market Regional Insights:

The Southern region stands out as a predominant contributor to the Indian Online Grocery Market market, driven by a substantial concentration of online consumers in Bengaluru and Chennai. Following closely are the western and northern regions. In this competitive landscape, industry rivals are fervently vying to establish themselves as leaders, facing the significant challenge of acquiring new customers. This competition has resulted in a cash-intensive strategy of offering substantial discounts to attract and retain customers.

The surge in internet penetration and the escalating market demand have prompted many traditional offline firms to venture into the online space. For instance, Reliance Fresh recently entered the online arena with its website, www.reliancefreshdirect.com, commencing operations initially in Mumbai and sourcing directly from Reliance Fresh stores or distribution centers. This growth trend is notably led by well-capitalized, pan-India corporate players such as Big Bazaar, Grofers, and the more recent entrant, Amazon. Moreover, the online grocery business presents opportunities not only for industry giants but also for smaller, independent players looking to establish localized online grocery stores.

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Indian Online Grocery Market Segmentation:

by Product Type

1. FMCG
1.1. Packaged Food
1.2. Home Care
1.3. Beverages
1.4. Family Care
2. Grocery & Staple
3. Fruits and Vegetables

by City Type

1. Tier I
2. Tier II
3. Tier III

by Sales Model

1. Bulk Purchase Model
2. Quick Commerce Model

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Indian Online Grocery Market Key Players:

1. Alibaba
2. Amazon
3. Walmart
4. Grofers
5. Big Basket
6. Local Banya
7. ZopNow
8. Nature Basket
9. Reliance Fresh Direct
10. Green Cart
11. Aaram Shop
12. Eemli
13. Day to Day Fresh
14. Naturally Yours
15. Dilli Grocery
16. Kiranawalla

Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/indian-online-grocery-market/29537/

Table of content for the Indian Online Grocery Market includes:

1.Global Indian Online Grocery Market: Research Methodology

2.Global Indian Online Grocery Market: Executive Summary

Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

3.Global Indian Online Grocery Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

4 . Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 https://www.maximizemarketresearch.com

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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