Online Grocery Accounts for Nearly 15% of Total E-commerce Retail Sales

According to Goldstein Research, global online grocery market is projected to be growing at a CAGR of 19.5% over the forecast period 2016–2024. The global online grocery market accounts for nearly 15% of the total sale through e-commerce retail sales. The penetration of online grocery market into various regions & their expansion is largely dependent upon the digital maturation. Various retail store companies are witnessed to shift their business to online platforms. The multiple attributes such as prices, product quality, convenience, promotions, app management, and efficient customer care services are the major store switching drivers.

Further based on geography, global online grocery market is dominated by Asia Pacific region, where South Korea acquires the largest market share at the global level, followed by Japan, U.K., France, Taiwan & China.

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Market Segmentation

On the basis of our in-depth analysis, Global Online Grocery Market can be segmented as follows:

By Company Type

  • Pure Marketplace (Grofers, Big Basket)
  • Hybrid Marketplace (Amazon)
  • Brand (Godrej)
  • Retail Chain (Wal-Mart)

By E-Commerce Option

  • Online Order for Home Delivery
  • Virtual Supermarket
  • Online Order and Pick-up Inside the Store

By Category

  • Personal Care Products
  • Household Products
  • Food & Beverage Products

By Region

  • North America Online Grocery Market Analysis, 2016–2024
  • Europe Online Grocery Market Analysis, 2016–2024
  • The Middle East And Africa Online Grocery Market Analysis, 2016–2024
  • Latin America Online Grocery Market Analysis, 2016–2024
  • Asia Pacific Online Grocery Market Analysis, 2016–2024

“Online Grocery Market report by Goldstein Research highlights a comprehensive overview of the global online grocery marketThe Online Grocery Market Report highlights the competitive outlook of major global players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of the online grocery market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global online grocery market discussed in the report are Amazon, Carrefour, Kroger, Target, Tesco, Walmart, Costco Wholesale, EDEKA, METRO AG, Safeway, Schwarz, Tengelmann, Coles Supermarkets, etc.

Further, Global Online Grocery Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Online Grocery Market Share also comprises of key challenges for the market players, risk analysis, SWOT Analysis, USP Analysis, BPS analysis, and Market Attractiveness. The report also contains the expert analysis related to complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

Browse Full Report: https://www.goldsteinresearch.com/report/online-grocery-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts are working on consumer industry reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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