China Online Grocery Market
China Online Grocery Market
Report Description and Highlights China is one of the largest e-grocery markets in the world and is poised for explosive growth in the future too. With a population of 1.4 Billion, the potential value growth in the Chinese online grocery market is phenomenal. COVID-19 pandemic has boosted the online groceries market in China, with demand for home fulfilment soaring to record high. China’s two largest ecommerce companies Alibaba’s Tmall and JD.com, have a strong position in online grocery. Walmart via JD.com and Sun Art Retail are other key online grocery retailers in China. According to Renub Research analysis, the China Online Grocery Market will be US$ 219 Billion by the end of the year 2026.
China Online Grocery Market
China Online Grocery Market Factors Driving the Online Grocery Market in China The rapid urbanization, rising income, food safety, and healthy diet leads to the growth of the packaged food market in China. Usage of Internet and smartphone is also growing across China, which is driving the online grocery segment. China's demographics are changing too – there is growth in the number of the younger population. The carbohydrates rich food such as rice, pasta, and noodles; confectionery, savoury snacks, baked goods, sweet biscuits are more consumed by younger generations as-well-as middleincome group peoples for changing the taste of tongue which drives the market growth. As the Chinese people are more alert towards their health; thus, they consume more protein-rich foods such as processed fruit and vegetables; processed meat and seafood etc. Request a free sample copy of the report: https://www.renub.com/requestsample-page.php?gturl=china-online-grocery-market-p.php China Online Grocery Market
China Online Grocery Market Changing Trends of China Online Grocery Industry The smartphones are the top leading purchasing channel compared to a personal computer for ordering groceries in the Chinese economy. The Chinese brick-and-mortar retailers are shifting towards online channel after the outbreak of Covid-19 through online players, delivery partners, technology companies and payment solution providers. During the coronavirus period, the sales of grocery items through online mode have drastically surged as these are count as essential foods for surviving. Renub Research report titled “China Online Grocery Market, by Segments (Packaged Food, Rice, Pasta and Noodles, Baby Food, Dairy, Confectionery, Savoury Snacks, Baked Goods, Edible Oils, Sweet Biscuits, Snack Bars and Fruit Snacks, Processed Meat and Seafood, Breakfast Cereals, Processed Fruit and Vegetables, Spreads, Ready Meals, Ice Cream and Frozen Desserts, and Soup), by Channel (Mobile, and Personal Computer), Company Analysis (Alibaba Group, JD, Tencent Holdings Ltd., Pinduoduo, Suning) & Forecast� provides an allencompassing analysis on the China Online Grocery Market. China Online Grocery Market
China Online Grocery Market Segments - This report Covers the 16 Markets by Segment 1. 3. 5. 7. 8. 9. 11. 13. 15.
Packaged Food 2. Rice, Pasta and Noodles Baby Food 4. Dairy Confectionery 6. Savoury Snacks Baked Goods Edible Oils Sweet Biscuits, Snack Bars and Fruit Snacks 10. Processed Meat and Seafood Breakfast Cereals 12. Processed Fruit and Vegetables Spreads 14. Ready Meals Ice Cream and Frozen Desserts 16. Soup
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China Online Grocery Market Forecast for China Online Grocery Market Share in (%) - by Categories (2020 - 2026)
Source: Renub Research Analysis
Note: These are dummy figures; actual data given in the report
China Online Grocery Market
China Online Grocery Market Channel – Both the Channels are covered in the report •
Mobile
•
Personal Computer
All the Five Companies have been studied from three points • •
Overview Sales
•
Recent Developments
Company Analysis 1. 3. 5.
Alibaba Group 2. Tencent Holdings Ltd. Suning
JD 4. Pinduoduo
China Online Grocery Market
China Online Grocery Market Industry Related Opportunity: Germany ecommerce Payment Market is expected to grow more than US$ 103 Billion by the end of the year 2026 . China Ecommerce Payment Market will be USD 5.5 Billion by 2026 United Kingdom Video Game Market will be US$ 3.7 Billion by 2026 Global eCommerce Market is forecasted to be USD 39.51 Trillion by the year 2026 France Ecommerce Payment Market will be a USD 100 Billion industry by 2026 Japan Ecommerce Market is expected to reach USD 325.9 Billion by 2026 China Online Grocery Market
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China Online Grocery Market