Press release
Online Grocery Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Online Grocery Market Report
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.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13717&type=smp
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
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/online-grocery-global-market-report
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.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13717
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Online Grocery Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share here
News-ID: 3853887 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Grocery
Global E Grocery Market Size by Application, Type, and Geography: Forecast to E …
USA, New Jersey- According to Market Research Intellect, the global E Grocery market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The e-grocery market is experiencing rapid growth driven by changing consumer preferences for convenience, time-saving, and the growing adoption of digital platforms. The increasing use…
Digital Grocery Boom: Global Online Grocery Market Poised for Remarkable 23% CAG …
Future Market Insights (FMI) predicts an impressive 23% CAGR for the global online grocery market. The market is expected to reach US$ 2778.4 billion by 2032, up from US$ 350.55 billion in 2022. In its latest report, FMI studies the scope for expansion of the market across the globe and examines investment feasibility in key segments.
Online grocery shopping has been popular among younger generation, but COVID-19 outbreak pulled this novel form of shopping to mainstream. Apart from millennial,…
Global E-Grocery Market | Global Online Grocery Market: Ken Research
Global E-Grocery Market: Purchasing fresh and packaged food through online portals is mentioned to as online grocery. Thanks to the informal availability of items through supermarkets and online channels, grocery shopping methods have progressed. Although the online grocery service is a niche market, it is projected to enlarge rapidly during the coming years. Individuals nowadays tend to shop for groceries online owing to it is convenient and provides a broad…
Premium Grocery Supermarkets: Shaping Grocery Shopping to Experience Centres
Grocery Supermarkets are evolving. This is primarily due to the onslaught and impact of the e-commerce channel which is eating up the share gradually of typical brick and mortar stores. Coupled and fuelled by the impact of Covid – eCommerce has more than doubled its speed for growth and the recurrent lockdowns and closures add only woes to the grocery supermarkets. Customers have shifted their focus towards online, value for…
Indian Grocery Store Dallas - MyHomeGrocers
We take pride in home delivering Indian grocery and varieties of the produce of utmost quality at competitive prices. You enjoy family time by avoiding shopping lines, busy parking and gas costs. Register at https://www.myhomegrocers.com/ and you can start enjoying the awesome shopping experience. We will be adding more and more items on daily basis. Also, don't hesitate to provide us your valuable feedback or let us know the items…
Online Grocery Market 2015-2022 | Emergence of Online Grocery Stores | Developme …
Online grocery refers to the purchase of fresh and packaged food through online portals. Ways of buying groceries have evolved over a period of time, owing to easy availability of products through stores and online platforms. The online grocery service is a niche market; however, it is anticipated to witness robust growth in the coming years. Nowadays, people opt for online grocery shopping as it is convenient and offers a…
