Online Grocery Market Global Analysis and Forecast to 2026

The Online Grocery Market is expected to grow from USD 2.3 billion in 2019 to USD 57.29 billion by 2026 at a CAGR of 58.3% from 2019 to 2026.

Increasing disposable income and people’s increasing inclination toward comfort are estimated to drive the market over the estimated period. e-grocery shopping is also ahead of popularity among customers due to an increasing preference for a hassle-free shopping experience online. Moreover, the outbreak of COVID-19 has controlled to rise in the number of customers buying groceries online in order to avoid going to department stores and limit their social contacts. Although the impact of coronavirus has instigated an upsurge in online shopping across the world only recently, it is anticipated to change the consumers’ buying behavior and positively impact the market over the long term. The market is segregated on the basis of Average as < 1000, > 1500, and 1000 to 1500. Based on Category the is segmented in Grocery and Staples, Fruits and Vegetables, and Others. Based on the Food Platform it is segmented in Website and Mobile Application. Based on the Payment Method, the market is segmented in Online and Cash on Delivery.

The global market report provides geographical analysis covering regions, such as Europe, North America, Asia Pacific, and the Rest of The World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

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The global Online Grocery market has been segmented as below:

By Average

• < 1000

• > 1500

• 1000 to 1500

By Category

• Grocery and Staples

• Fruits and Vegetables

• Others

By Food Platform

• Website

• Mobile Application

By Payment Method

• Online

• Cash on Delivery

By Region

• Europe

• North America

• Asia Pacific

• Rest of The World

Competitive Rivalry

FreshDirect, LLC, Safeway.Inc, ShopFoodEx, My Brand Inc., NetGrocer.com, Godrej Nature”s Basket, Milk Basket, D”Mart, UrDoorStep, Paytm, and others are among the major players in the global market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

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