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E-commerce Platforms Propel Growth Of The Grocery Delivery Software Market: Core Growth Enabler in the Grocery Delivery Software Market, 2025
Grocery Delivery Software Market
What Will the Grocery Delivery Software Industry Market Size Be by 2025?
In the past few years, the market size of grocery delivery software has seen substantial growth. The market, which was valued at $4.7 billion in 2024, is expected to reach $5.67 billion in 2025, expanding at a compound annual growth rate (CAGR) of 20.5%. The historic period's growth can be linked to the fast-paced enlargement of e-commerce platforms, consumer comfort, urban development, enhancements in logistics, and the emergence of digital payment solutions.
What's the Long-Term Growth Forecast for the Grocery Delivery Software Market Size Through 2029?
In the forthcoming years, the market size for grocery delivery software is projected to witness a remarkable expansion. It is forecasted to surge to $11.83 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 20.2%. Factors catalyzing this growth during the prediction period encompass user-friendly mobile applications, attractive discounts, loyalty initiatives, competitive prices, dispensable income levels, an upsurge in financial backing for grocery delivery startups, and evolving lifestyles. During the projection period, major market trends will include enhancing customer experiences, introducing contactless delivery methods, instituting subscription and membership schemes, establishing hyperlocal delivery networks, and catering to health-conscious consumers.
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What Are the Key Growth Drivers Fueling the Grocery Delivery Software Market Expansion?
The increasing trend of utilizing e-commerce platforms is projected to drive the expansion of the grocery delivery software market. These platforms are digital structures or software solutions enabling the online purchase and sale of products and services. Their popularity is escalating due to factors such as ease of use, expansive variety, price comparison features, and customization options. Grocery delivery software is exploited by e-commerce to provide effortless online shopping experiences, automate the process of fulfilling orders, and enhance delivery logistics for clients. For instance, the International Trade Administration, a US government agency, in November 2023, projected e-commerce revenues in the UK to increase at an average yearly rate of 12.6% by 2025. As of January 2021, e-commerce made up 36.3% of the UK's total retail market, with revenue anticipated to hit $285.60 billion by 2025. Consequently, the escalating demand for e-commerce platforms is fueling the expansion of the grocery delivery software market.
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What Are the Key Trends Driving Grocery Delivery Software Market Growth?
A significant number of corporations that play a major role in the grocery delivery software industry are concentrating on creating pioneering solutions like online grocery platforms to improve client comfort and simplify the delivery operations. Online grocery platforms are essentially digital marketplaces allowing customers to shop for, choose, and buy groceries via webpages or smartphone applications. To illustrate, Instacart, an American retail firm, unveiled the Instacart Developer Platform (IDP), an open API programme in March 2024, which allows third-party developers to incorporate Instacart's online grocery platform into their own websites and applications. This endeavour enables the construction of holistic experiences related to food, wellness, and lifestyle that can supply physical products to consumers. The IDP equips developers with access to Instacart's directory, search function, cart-building, and fulfillment tools which enables the creation of interconnected experiences spanning meal preparation, nutrition, cooking, health, beauty, travel, among more. This permits apps focused on discovery to progress into comprehensive platforms that transport tangible products to users.
How Is the Grocery Delivery Software Market Segmented?
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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Which Companies Are Leading the Charge in Grocery Delivery Software Market Innovation?
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.
Which Regions Are Leading the Global Grocery Delivery Software Market in Revenue?
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.
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