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E-commerce Platforms Propel Growth Of The Grocery Delivery Software Market: Transformative Forces Shaping the Grocery Delivery Software Market Landscape in 2025
Grocery Delivery Software
What Is the Expected CAGR for the Grocery Delivery Software Market Through 2025?
The size of the grocery delivery software market has seen swift expansion in the past few years. It is projected to surge from $4.7 billion in 2024 to $5.64 billion in 2025, marking a compound annual growth rate (CAGR) of 20.0%. This escalation during the past periods can be credited to the fast-growing e-commerce platforms, enhanced customer convenience, urban growth, advancements in logistics, and the evolution of digital payment methods.
What's the Projected Size of the Global Grocery Delivery Software Market by 2029?
Expectations are high for significant expansion in the grocery delivery software market in the upcoming years. Forecasts predict a rise to $11.78 billion by 2029, with a compound annual growth rate (CAGR) of 20.2%. This prospective growth over the forecast period can be linked to factors such as user-friendly mobile apps, competitive prices, disposable income levels, strategic discounts, loyalty schemes, and the shifting lifestyles. Moreover, surging investments in grocery delivery startups contribute to this growth. Looking ahead, the transformation is likely to be driven by improvements in customer experience, advent of non-contact delivery systems, subscription-based and membership strategies, hyperlocal delivery channels, and an increasing focus on offering health-conscious options.
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Top Growth Drivers in the Grocery Delivery Software Industry: What's Accelerating the Market?
The surging need for online shopping platforms is anticipated to drive the expansion of the grocery delivery software market. Online shopping platforms, or digital infrastructures that aid the purchase and sale of products online, are experiencing increasing demand owing to factors like ease of use, broader options, ability to compare prices, and customization. Grocery delivery software is employed by e-commerce to facilitate effortless online shopping, automate the process of fulfilling orders, and enhance delivery logistics for consumers. For example, the International Trade Administration, a government agency based in the US, projected in November 2023 that e-commerce revenues in the UK will grow at an average annual pace of 12.6% by 2025. As of January 2021, consumer e-commerce accounted for 36.3% of the UK's total retail market, with revenue projected to hit $285.60 billion by 2025. Hence, the rising demand for online shopping platforms is propelling the growth of the grocery delivery software market.
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What Trends Will Shape the Grocery Delivery Software Market Through 2029 and Beyond?
Key players in the grocery delivery software market, like Instacart, are pouring their resources into devising creative solutions such as online platforms for grocery shopping. These platforms are digital venues where customers can peruse, choose and buy groceries via mobile apps or websites. To illustrate, in March 2024, Instacart, an American retail firm, introduced the Instacart Developer Platform (IDP). It's a publicly accessible API program that lets developers incorporate Instacart's online grocery platform into their own apps and websites. Such activities result in comprehensive service offerings encompassing food, wellness, and lifestyle that can directly deliver products to customers. The IDP provides developers with Instacart's catalog, search, cart-building, and fulfillment tools, prompting the creation of connected experiences in areas such as meal planning, nutrition, cooking, health, beauty, travel, etc. This opens up possibilities for apps dedicated to discovery to transform into comprehensive platforms delivering physical goods to users.
What Are the Main Segments in the Grocery Delivery Software Market?
The grocery delivery softwaremarket 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 Top Companies are Driving Growth in the Grocery Delivery Software Market?
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 Will Dominate the Grocery Delivery Software Market Through 2029?
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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