Global Online Grocery Market Outlook
Global Online Grocery Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024 Request full sample repor t
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Global Online Grocery Market Outlook Global Online Grocery Market Share(%), By Region-2016-2024
Global Online Grocery Market Size USD (Billion). 2016-2024 XX XX
XX% CAGR: (2016-2024)
XX XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX XX
Request full sample repor 7.00 6.00 t 7.00 6.00 36.00 %% 36.0 % % 24.00 2024 % 24.0 2016 0% % 0% 27.0 27.00 0% % Asia Pacific
XX 2016e 2017e 2018f
2019f
Source: Goldstein Research
m a S 2020f
2021f
2022f
2023f
2024f
e l p
XX%
Online Grocery Market Global Online Grocery Market Global Share (%), By E-Commerce Option Share(%), By Company Type -2016 -2016
33.33%
31.82%
Pure Marketplace (Grofers, Big Basket)
Hybrid Marketplace (Amazon)
Brand (Godrej)
Retail Chain (Wal-Mart)
Online Order for Home Delivery Online Order and Pick-up Inside the Store
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22.53% 47.68% 29.80%
28.41%
Source: Goldstein Research
Global Food Colors Market Share (%), By Product Category- 2016
39.77%
21.74% 24.64%
Asia Pacific
With share in 2016, dominated the global Online Grocery market
market
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Latin America
Middle East and Africa
Public Cloud accounted for the highest market share XX% in global Online Grocery
Source: Goldstein Research
Europe
Source: Goldstein Research
In 2016,
20.29%
North America
Virtual Supermarket
Personal Care Products
Household Products
Food & Beverage Products
Source: Goldstein Research
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Global Online Grocery Market Outlook The global market for online groceries is estimated to be USD XX billion, which is expected to grow at a CAGR of XX% during the forecast period of 2016-2024. With the rapid change in online grocery landscape, the total market size is expected to reach USD XX billion by 2024. With a general desire by people to acquire products and services more Automation & conveniently, the rational expectation would be that the global retail e-commerce Scale would continue to increase. Current statistics suggest that thisRequest is indeed the case, full sample repor as global retail e-commerce revenues have increased from USD XX billion to USD XX t billion over the past fAmazon.com years.
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The value of online grocery shopping for both e-retailers and consumers varies. For online grocery retailers, it provides unlimited trading hAmazon.coms, extends geographical reach, enhances customer service, creates faster transactions and shortens product cycles. Whereas, for consumers it provides economic value, a wide assortments of products, convenience, time savings, home delivery and access to multiple retailers.
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Only a small percentage of consumers around the world say they’re using in-store and online digital technologies to aid in their shopping, but usage is growing. Improved mobile phone interfaces, easier to navigate web pages, tailored features, more valuable promotions, automated 24-hAmazon.com pick-up points, delivery passes, integration with home automation systems and same day delivery all add tremendous value to the customer. The offline model will likely be seen as static and passé, with a declining value proposition.
Technological Advancements
Favoring Government Policies
Online grocery shopping still hasn’t caught on in Europe, for two primary reasons. One is a demand-side problem: Consumers don’t like paying delivery fees, don’t like waiting for deliveries, and sometimes receive items that aren’t fresh. The second is a supply-side problem: Most online grocery transactions lose money. The main factors that provide the conditions for online grocery to flAmazon.comish are improving in all jurisdictions. The capital costs of the most efficient online business models continue to fall, which in turn expands the addressable market.
Competition
Global Online Grocery Market Size (USD Billion) North America
2016
USD XX Billion
2024
USD XX Billion
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Europe USD XX Billion
USD XX Billion
Asia-Pacific USD XX Billion
USD XX Billion
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Research Methodology
Research Methodology
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Goldstein Research follows a comprehensive and rigorous research methodology to provide you accurate estimates and forecast of a particular market. We provide estimates, forecast and analysis primarily based on secondary research, primary interviews, in-house database and other free as well paid Request full sample repor Sources. t Amazon.com company follows simultaneous top down and bottom approach in order to provide you the accurate market sizing. Data triangulation method is strictly followed where we triangulate the data from all the aspects, be it Function Type, application, industry verticals, material, product type or geography. In addition, the research methodology we follow is a systematic approach in order to estimate and project the market sizing keeping in mind all the on-going and upcoming trends of the market. We conduct both primary and secondary research in order to estimate a market and validate Amazon.com key findings.
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We put together Amazon.com effort and prepare an inclusive questionnaire depending on the title of the market we are tracking and extract the important information we require to validate Amazon.com findings. Amazon.com team of Analysts and experts dedicatedly put their effort to provide you the best possible and accurate data and analysis. Adding to that; technological, economic, cultural and social aspects along with the regulatory barriers are completely analyzed to understand the comprehensive market scenario across different geographies. Understanding the market from both buyer and seller point of view is important to track a market and provide analysis on the same. We not only provide the market data of the fAmazon.com geographies as a whole, namely, North America, Europe, Asia-Pacific, Latin America, Middle East & Africa and Rest of the World (RoW) but we also provide you qualitative as well we qualitative information on country level bifurcation.
We at Goldstein Research provide you: • Precise Estimates and Forecast • Authentic Analysis All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global Online Grocery Market Size (USD Billion) & Growth Analysis Global Online Grocery Market Size (USD Billion)-2016-2024 XX
XX
XX
XX
XX XX
XX
XX 2016e
2017e
Source: Goldstein Research
XX
m a S
XX
XX
XX
2018f
2019f
2020f
e l p
XX Request full sample repor XX XX t XX
2021f
2022f
2023f
2024f
Global Online Grocery Market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. But with customer demand for online grocery shopping steadily increasing, online-only players have been stepping up to meet it, is increasing the incentive for bricks-and-mortar grocers to enter the online business as well.
Around the world a variety of online-only grocers have popped up, including Ocado (in parts of the UK), FreshDirect (in parts of the East Coast US) and Peapod (in the Midwest and East Coast US) and some of these companies have been in business for more than 25 years. With Ocado reaching profitability and AmazonFresh signaling the start of a wave of massive expansion. These are signs that this format is moving from a niche offering to something with both staying power and the power to shape the industry. Further, The ability to substitute capital for labAmazon.com is reaching a level where automation is making inroads into the most economically challenging parts of online grocery. Where grocery was traditionally a local venture, it is expected that the scale benefits of technology will spread rapidly across borders.
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Market Players-2016 Global Online Grocery Market Share (%) , By Companies, 2016
JD.com; XX% Amazon; XX% Request full sample repor Alibaba; XX% t Walmart; XX% Walmex; XX%
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Kroger; XX% Ahold Delhaize; Metcash; XX% XX% Ocado; XX%
E-MART; XX%
Source: Goldstein Research
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Global Online Grocery Market Players Global Presence, 2016
North America XX%
Europe XX%
Asia Pacific XX%
Middle East& Africa XX% Latin America XX %
Source: Goldstein Research
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Growth Drivers Booming E-Commerce Industry
Technology has fundamentally transformed the way industries operate. Growth of online grocery shopping is driven in part by the maturation of the digital natives, Millennial and Generation Z. In the consumer packaged goods (CPG) industry, change has been more evolutionary than revolutionary, but digital is redefining what it means to “go” shopping. Lines between the physical and digital worlds are blurring. And thus, the connected commerce era has arrived.
A smaller number of consumers are using “click and collect” services in which they order groceries online for pickup at a store or other location. Just over one-in-10 consumers order groceries online and pick them up in-store or using a drive-thru (XX% each), slightly fewer (XX%) order online for curbside pick-up. However, more than half of the consumers are willing to use these online options in the future.
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Percent of People Using/Willing To Use E-commerce Options
XX%
XX%
XX%
XX%
m a S XX%
XX%
XX%
XX%
XX%
Impact Analysis:-
XX%
Globally, the growth in e-commerce industry and penetration of technology supporting the growth of online shopping is majorly driving the growth of global online grocery market.
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e l p XX XX% %
XX%
XX %
XX%
XX%
XX%
XX%
XX%
XX%
XX%
High
Medium
Impact on Global Online Grocery Market
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Low
Market Restraints Internet Access Cost and Availability Remains a Big Challenge Low internet and communication devices penetration rates are a problem in several markets. This also includes low penetration of PC, laptops or mobile phones. However, a majority of the world’s population, most of who are in developing nations, remain unconnected. The mobile phone is the primary device through which the ‘next billion’ Internet users are expected to get online. The cost of devices and connectivity is another factor preventing many people from accessing the internet, especially the XX% of the world population living below the poverty line. Broadband is only affordable for 100% of the population in just XX countries.
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Problems Associated With Access to Internet
e l p
Ranking of Most Effective Cyber Security Tools, 2016
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Impact Analysis: over half of the world’s population is missing out on the life-changing benefits of connectivity, i.e. the access to online grocery shopping. Such infrastructural challenges pose a serious challenge for the growth of market.
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Impact on Global Online Grocery Market High
Medium
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Low
Global Online Grocery Market Outlook : 20162024 Global Online Grocery Market Share (%), By E-Commerce Option, 2016-2024
Online Order for Home Delivery
XX%
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29.00% 37.00%
XX%
Online grocery poses a threat to established grocers everywhere, but the exact nature of the threat varies from one market to another. In some, online-only home delivery options may capture a large part of the market.
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By the end of 2018, spending on ITas-a-Service for data centers, software and services will be USD XX Billion. Further, it is estimated XX% Online Order 34.00% that penetration of IT technologies and Pick-up Inside the Store will accelerate in the next 3 years from USD XX billion to USD XX billion. At this pace, virtual Source: Goldstein Research supermarket segment is estimated Global Online Grocery Market Y-O-Y Growth, By E-Commerce to reach USD XX billion by 2024.
2016
2024
Virtual Supermarket
Option, 2016-2024
XX%
XX%
XX%
2016e
2017e
2018f
m a S XX%
2019f
XX%
XX%
XX%
XX%
2020f
2021f
2022f
2023f
XX%
With rising internet penetration and more number of consumers experiencing the convenience from e-commerce, the global online order for home delivery segment is estimated to grow at a CAGR of XX% to reach a market size of USD XX billion by 2024.
2024f
Source: Goldstein Research
Global Online Grocery Market Size (USD Billion), By E-Commerce Option -2016-2024 XX XX
XX
XX XX
XX
2016 Online Order for Home Delivery
2024 Virtual Supermarket
Online Order and Pick-up Inside the Store
Source: Goldstein Research
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Global Online Grocery Market Attractiveness and BPS Analysis by E-Commerce Option, 2016-2024 Global Online Grocery Market Attractiveness-By E-Commerce Option, 2016-2024 6.00%
CAGR (%)
5.00%
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4.00%
3.00%
2.00%
1.00%
0.00% 350
400
450
Online Order for Home Delivery Source: Goldstein Research
500
Market Size (USD Billion) Virtual Supermarket
m a S
e l p 550
600
650
Online Order and Pick-up Inside the Store
Water based adhesive segment holds the largest revenue share in the global Online Grocery market as this segment constitutes which is impacted by the rising cognizance among the household users and thus it is likely to expand at XX% CAGR during the forecast period. Online Grocery market is relying on the adoption of EHR (Electronic health record) software by various healthcare facility providers in order to stand ahead in future. Behavioral health EHR creates a world of difference to the staff and patients and goes the extra mile giving advanced capabilities such as it include support for documenting violence risk factors, suicide risk factors, or sadness scales.
Global Online Grocery Market BPS Analysis- By E-Commerce Option, 2016-2024 XX% XX%
XX%
XX%
XX%
Online Order and Pick-up Inside the Store
XX% XX%
34.00%
25.00%
XX%
Virtual Supermarket
XX% XX% 41.00%
XX%
Online Order for Home Delivery
37.00%
XX% XX%
Source: Goldstein Research
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2016
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2024
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North America Online Grocery Market Size (USD Billion) & Y-O-Y growth (%), By Region- 2016-2024 North America Online Grocery Market Size (USD Billion)-2016-2024
XX%
XX
XX%
XX
XX
XX
CAGR: (2016-2024) XX
XX
XX
XX%
XX
XX
e l p XX% XX%
XX
XX%
XX XX
XX%
XX
XX XX
Request full sample repor t XX
XX%
XX%
XX XX XX 2016e
2017e
Source: Goldstein Research
XX%
XX%
XX%
XX%
XX%
2019f
North America Online Grocery Market Size (USD Billions), By Country-2016-2024
2020f
XX% XX%
m a S
2018f
XX%
XX%
2021f
2022f
XX% XX% XX%
2023f
2024f
North America Online Grocery Market Size (USD Billion), By Product Type-2016
XX
XX%
XX
XX
XX
XX
XX% XX%
XX
XX XX
XX
XX% XX
XX% XX% XX%
2016
XX% 2016
2024
US
Canada
Source: Goldstein Research
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Online Order for Home Delivery
2024 Virtual Supermarket
Online Order and Pick-up Inside the Store
Source: Goldstein Research
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United States Online Grocery Market Size (USD Billion) & Y-O-Y growth (%), 2016-2024 United States Online Grocery Market Size (USD Billion), Compound Annual Growth Rate (%), Y-O-Y Growth Rate (%), 2016-2024 XX% XX
XX
XX XX
XX
XX%
XX
XX
CAGR: (2016-2024) XX
XX
XX XX
XX
XX XX XX
XX%
XX XX XX 2016e
XX%
XX%
XX%
2017e
2018f
2019f
2020f
Key Insights
e l p XX%
2021f
Source: Goldstein Research
XX%
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XX%
m a S XX%
XX%
XX
2022f
XX% XX% XX%
XX%
XX%
2023f
XX%
XX% XX% XX% XX%
2024f
United States e-Grocery Adoption Rate (%), 2015-2017 XX
Virtual baskets don’t necessarily mirror physical ones. In fact, the relationship between the two is often an inverse one. In the U.S., for example, the mix of online product sales is roughly XX% non-food to 40% food, the exact reverse of the total in-store CPG picture, which is about XX% food and XX% nonfood. The number of U.S. shoppers who bought groceries online in 2016 more than doubled to XX%, up from XX% in 2015. The number of U.S. shoppers who buy groceries online are expected to grow by more than XX% in 2018, with XX% people inclining towards very likely or somewhat likely aspects in terms of buying groceries online in 2017.
XX%
XX XX
XX%
XX XX XX
XX%
XX XX 2015
2016
2017
Source: Goldstein Research
• In U.S. more than XX% of online shoppers feel that the digital experience is core to where they shop. • XX% of those who shopped online in U.S. in 2016 have experienced that their current grocer does not offer eCommerce, meaning they went elsewhere for those online purchases. • Looking ahead to 2017, XX% people are likely to order online, meaning they will shop with another grocer. Copyright
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North America Online Grocery Attractiveness-By Country, 2016-2024
Market
North America Online Grocery Market Attractiveness-By Country, 2016-2024 XX
XX
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CAGR (%)
XX
XX
XX
XX XX
XX
e l p m
XX
XX
XX
XX
XX
Market Size (USD Billion) Canada Source: Goldstein Research
United States
According to the above graph, US Online Grocery market is anticipated to be the most attractive market across the region, for new entrants looking to enter in the market, existing players looking for business expansion and investors seeking investment opportunities over the forecast period i.e. 2016-2024
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Busy lifestyles mean that meal times and occasions are becoming less prevalent and people are seeking quick and convenient, yet healthy, solutions. Continuing to trend in the restaurant sector, the major companies are expected to offer further opportunities for innovation.
North America North America Online Grocery Market BPS Analysis- By Country, 2016-2024 XX% XX%
30%
XX%
40% Canad a
XX% XX% XX% XX%
70%
XX%
US 60%
XX% XX% XX% 2016
2024
Source: Goldstein Research
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Global Online Grocery Market Outlook Amazon.com (Company Overview & Business Strategy)
Founded 1994
Employees 566,000
Company Overview Amazon.com passed many milestones in 1997: by yearend, we had served more than XX million customers, yielding XX% revenue growth to USD XX million, and extended Amazon.com market leadership despite aggressive competitive entry. The company has organized Amazon.com operations into three segments: North America, International, and Amazon Web Services. Amazon.com businesses encompass a large variety of product types, service offerings, and delivery channels. The worldwide marketplace in which we compete is evolving rapidly and intensely competitive, and we face a broad array of competitors from many different industry sectors around the world. Amazon.com business is affected by seasonality, which historically has resulted in higher sales volume during fourth quarter, which ends December 31. Fourth quarter 2017 results include revenue attributable to Whole Foods Market, which we acquired on August 28, 2017.
Website
Headquarters U.S.
Request full sample repor t www.amazon.in
Major Business Segments
North America (e-Commerce)
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International (e-Commerce)
Amazon Web Services
Business Strategy
Acquisitions & Research and Development: n 1997, the company opened a subsidiary in Mamaroneck, New Jersey to handle its United States business. In 2003, the company acquired Brucia Plant extracts, a U.S. company that caused its net profits to quadruple to almost a million euros. In 2004, it purchased the rosemary extracts business of Hauser and RFI Ingredients. Amazon.com bought another U.S. company in 2005: Pure World, Inc., for approximately USD 36.8 million. The company expanded into India in 2012, with its purchase of Valentine, a producer of fruit and vegetable powders.That same year, it bought U.S.-based cranberry extract company Decas Botanical Synergies. In 2017, the company acquired some parts of Halliburton International Foods. It also acquired Swedish Oat Fiber, a manufacturer of oat-based extracts and ingredients such as oat beta-glucans
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Global Online Grocery Market Outlook
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