Press release
Grocery Delivery Software Market Set to Reach $11.83 Billion by 2029 with 20.2% Yearly Growth
Grocery Delivery Software Market
The growing demand for e-commerce platforms is expected to foster the growth of the grocery delivery software market. E-commerce platforms facilitate online transactions, and their use in grocery shopping ensures a seamless experience with optimized order fulfillment and delivery logistics. In November 2023, the International Trade Administration projected that e-commerce revenues in the UK would grow at an annual rate of 12.6% by 2025, underscoring the importance of efficient grocery delivery software.
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What Is the projected market size and growth rate for the grocery delivery software market?
The grocery delivery software market has seen significant growth in recent years. It will increase from $4.7 billion in 2024 to $5.67 billion in 2025, at a CAGR of 20.5%. This growth is fueled by the rapid expansion of e-commerce platforms, consumer demand for convenience, urbanization, improvements in logistics, and advancements in digital payment solutions.
The grocery delivery software market is expected to grow rapidly, reaching $11.83 billion by 2029 at a CAGR of 20.2%. Growth factors include user-friendly mobile apps, competitive pricing, increased investment in startups, and changing consumer lifestyles. Major trends include enhanced customer experience, contactless delivery solutions, and health-conscious options.
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What new trends are reshaping the grocery delivery software market and its opportunities?
Companies in the grocery delivery software market are focusing on creating innovative solutions, such as online grocery platforms, to improve customer convenience and streamline delivery processes. Online grocery platforms allow customers to browse and purchase groceries via websites or apps. For instance, in March 2024, Instacart, a US-based retail company, launched the Instacart Developer Platform (IDP), which allows third-party developers to integrate Instacart's grocery platform into their websites and apps. This initiative enables developers to create comprehensive experiences that deliver tangible products to customers, covering areas like meal planning, nutrition, cooking, and health.
What major market segments define the scope and growth of the grocery delivery software market?
The grocery delivery software market covered in this report is segmented -
1) By Type: Cloud Based, Web Based
2) By Application: Large Enterprises, Small And Medium Enterprises
3) By End-User: Individual Consumers, Grocery Stores, Supermarkets, Hypermarkets
Subsegments
1) By Cloud Based: Public Cloud, Private Cloud, Hybrid Cloud
2) By Web Based: Desktop Web Applications, Mobile Web Applications
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What regions are leading the charge in the grocery delivery software market?
Asia-Pacific was the largest region in the grocery delivery software market in 2024. The regions covered in the grocery delivery software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the grocery delivery software industry growth?
Major companies operating in the grocery delivery software market are Maplebear Inc., Talabat.com, Grubhub Inc., Peapod Digital Labs, DispatchTrack Inc., Apptunix, Cleveroad, Onfleet Inc., Instashop LLC, Etail Group Inc., Grobino Inc., Growcer Pvt. Ltd., Routific Inc., ShopurGrocery Pvt. Ltd., Yelowsoft Inc., Dinarys, Addevice, Shipday Inc., DeOnDe Inc., DoorDash Inc., Ordefy Pvt. Ltd., Wave Grocery Inc.
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What Is Covered In The Grocery Delivery Software Global Market Report?
•Market Size Forecast: Examine the grocery delivery software market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the grocery delivery software market for a structured understanding.
•Key Players Overview: Analyze major players in the grocery delivery software market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the grocery delivery software market.
•Segment Contributions: Evaluate how different segments drive overall growth in the grocery delivery software market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the grocery delivery software market.
•Industry Challenges: Identify potential risks and obstacles affecting the grocery delivery software market.
•Competitive Landscape: Review strategic developments in the grocery delivery software market, including expansions, agreements, and new product launches.
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