Online Grocery Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share

How Big Is the Online Grocery Market Expected to Be, and What Will Its Growth Rate Be?
The online grocery market has grown exponentially in recent years. It is expected to grow from $542.72 billion in 2024 to $659.7 billion in 2025, at a CAGR of 21.6%. The growth has been fueled by the ongoing growth of e-commerce, the expansion of ultrafast delivery services, a focus on sustainability, increased investment in last-mile logistics, and advancements in payment systems.

The online grocery market is expected to see exponential growth, reaching $1435.51 billion by 2029 at a CAGR of 21.5%. The growth is attributed to increased internet access, advancements in e-commerce, better logistics and delivery systems, the proliferation of mobile technology, and the surge caused by the COVID-19 pandemic. Key trends include technology integration, sustainability focus, enhanced customer experiences, partnerships with physical retailers, and contactless transactions.

What Are the Primary Growth Drivers for the Online Grocery Market?
The shift towards digital shopping for convenience and safety is anticipated to boost the growth of the online grocery market. Digital shopping, also known as online shopping or e-commerce, involves purchasing goods and services over the internet via mobile apps or websites. Online grocery shopping offers convenience and time savings, enabling customers to browse, select, and purchase items from their homes, with doorstep delivery as an added benefit. For example, in February 2023, Eurostat, a European intergovernmental organization, reported that 68% of individuals aged 16 to 74 had purchased or ordered goods and services online in the past 12 months, marking a 1% increase from 2021. Additionally, among internet users in the last three months, 51% were e-shoppers in 2022. Consequently, the shift towards digital shopping for convenience and safety is driving the expansion of the online grocery market.

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Who Are the Dominant Companies Influencing Online Grocery Market Trends?
Major companies operating in the online grocery market report are Amazon.com Inc., The Kroger Company, Alibaba Group, Target Corporation, Koninklijke Ahold Delhaize N.V., Edeka group, Albertsons Companies, Inc., Getir, Uber Eats, Delivery Hero, Doordash, ALDI Inc., Flipkart Supermart, Just Eat, Jio Mart, Auchan SA, ASDA Groceries, Instacart, Safeway Inc., FreshDirect LLC.

How Is the Online Grocery Market Evolving?
Leading companies in the online grocery sector are adopting subscription models and membership programs, such as B2B membership platforms, to enhance customer retention. These platforms act as digital hubs connecting businesses within the supply chain, facilitating seamless transactions and collaborations. For example, in October 2023, Bundl Technologies Private Limited (Swiggy), an India-based online food ordering company, introduced Swiggy One Lite. This economical version of Swiggy One offers benefits for food, groceries, and delivery services, including free delivery, exclusive discounts, and partner perks. Available for an introductory price of Rs. 99 for three months, Swiggy One Lite is tailored for B2B membership, integrating partnerships with leading brands in the telecom and banking sectors.

What Are the Different Segmentations in the Online Grocery Market?
The online grocery market covered in this report is segmented -

1) By Product: Fresh Produce, Staple And Cooking Essentials, Ready-To-Eat Food, Snacks And Beverages, Bakery And Confectionery, Dairy Products, Breakfast And Cereal
2) By Food Platform: Mobile Application, Website
3) By Delivery Type: Instant Delivery, Schedule Delivery
4) By End User: Individual, Distributors, Other End Users

Subsegments:
1) By Fresh Produce: Fruits, Vegetables, Herbs
2) By Staple And Cooking Essentials: Grains (Rice, Pasta), Cooking Oils, Spices And Seasonings
3) By Ready-To-Eat Food: Pre-Packaged Meals, Frozen Dinners, Meal Kits
4) By Snacks And Beverages: Chips And crac*kers, Soft Drinks, Juices And Health Drinks
5) By Bakery And Confectionery: Bread And Rolls, Pastries And Cakes, Chocolates And Sweets
6) By Dairy Products: Milk And Cream, Cheese, Yogurt
7) By Breakfast And Cereal: Breakfast Cereals, Oatmeal, Granola Bars

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Which Region Is at the Forefront of the Online Grocery Market?
Asia-Pacific was the largest region in the online grocery market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the online grocery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Online Grocery Global Market Report?

- Market Size Analysis: Analyze the Online Grocery Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Online Grocery Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Online Grocery Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Online Grocery Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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