Le Lézard
Classified in: Science and technology, Business, Covid-19 virus
Subject: MRR

Online Grocery Market in India size to grow by USD 7,417.46 million from 2022 to 2027; Growth driven by rapid growth in m-commerce - Technavio


NEW YORK, May 29, 2023 /PRNewswire/ -- The online grocery market size in India is estimated to increase by USD 7,417.46 million, accelerating at a CAGR of 14.62% during the forecast. The growth of the market is driven by the rapid growth in m-commerce.

Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report -Request a sample report

Global Online Grocery Market In India ? Market Dynamics

Leading Drivers - The rapid growth in m-commerce is notably driving market growth. The growth in m-commerce is mostly attributed to the increased penetration of smartphones in India. Using mobile apps, consumers can shop from anywhere and in any situation, even when traveling. The popularity of m-commerce has motivated offline stores and e-commerce players to switch to these platforms.

Key Trends - The growth in demand for functional foods and beverages is an emerging trend in the market. The growing prevalence of obesity and other health conditions is encouraging health-conscious consumers to opt for food and beverage products that have various functional benefits. The growing prevalence of obesity and other health conditions is encouraging health-conscious consumers to opt for food and beverage products that have various functional benefits. 

Major challenges - The growth in demand for functional foods and beverages is an emerging trend in the market. Offline grocery and brick-and-mortar retail stores, especially unorganized grocery retailers that mostly establish their shops in residential areas, are the major competitors of online grocery delivery service providers. They are also installing advanced sensors and maintaining customers' details along with their buying behavior and purchasing patterns to provide attractive offers and services to their customers. 

In addition to the forecast, the report also highlights the key opportunities by analyzing drivers, trends, and challenges for the market!

What's New? -

Global Online grocery market in India ? Vendor Analysis
The global online grocery market in India is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer online grocery in India are Amazon.com Inc., Avenue Ecommerce Ltd., B.L. Agro Industries Ltd., Blink Commerce Pvt. Ltd., Brisam Retail Pvt. Ltd., Dookan Technologies s.r.o, Dunzo Digital Pvt. Ltd., Flipkart Internet Pvt. Ltd., Flora Foods, Fresh to Home, GFOI Retail Pvt. Ltd., Heritage Foods Ltd., Innovative Retail Concepts Pvt. Ltd., One97 Communications Ltd., Reliance Industries Ltd., RP Sanjiv Goenka Group, Satvika Bio Foods India Pvt. Ltd., SPAR Group Inc., Tata Sons Pvt. Ltd., and Zepto and others.

Vendor Offerings -

Global Online Grocery Market In India - Segmentation Assessment

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

What are the key data covered in this Online Grocery Market In India report?

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports: 

Fresh Herbs MarketThe fresh herbs market size is estimated to grow at a CAGR of 4.32% between 2022 and 2027. The market size is forecast to increase by USD 1,794.28 million

Online Grocery Market- The Online Grocery Market Size is estimated to grow at a CAGR of 13.14% between 2022 and 2027. The size of the market is forecast to increase by USD 740.88 billion.

Online Grocery Market In India Scope

Report Coverage

Details

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 20.33%

Market growth 2023-2027

USD 7417.46 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

18.4

Regional analysis

India

Performing market contribution

India at 100%

Key countries

India and APAC, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Amazon.com Inc., Avenue Ecommerce Ltd., B.L. Agro Industries Ltd., Blink Commerce Pvt. Ltd., Brisam Retail Pvt. Ltd., Dookan Technologies s.r.o, Dunzo Digital Pvt. Ltd., Flipkart Internet Pvt. Ltd., Flora foods, Fresh to Home, GFOI retail Pvt. Ltd., Heritage Foods Ltd., Innovative Retail Concepts Pvt. Ltd., One97 Communications Ltd., Reliance Industries Ltd., RP Sanjiv Goenka Group, Satvika Bio Foods India Pvt. Ltd., SPAR Group Inc., Tata Sons Pvt. Ltd., and Zepto

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by Type

8 Customer Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


These press releases may also interest you

at 19:00
The "Hybrid Train Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering. The global hybrid train market witnessed substantial growth in 2022, with a market...

at 18:15
The "Global Commercial Last-Mile Drone Delivery Growth Opportunities" report has been added to ResearchAndMarkets.com's offering. This study explores the innovative use of drones in commercial last-mile deliveries in the global logistics industry....

at 17:50
The Marygold Companies, Inc. ("TMC" or the "Company") (formerly Concierge Technologies, Inc.), a diversified global holding firm, today reported financial results for the fiscal year ended June 30, 2023. Net revenues for the 2023 fiscal year...

at 17:45
The "Magnetic Stirrer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering. The global magnetic stirrer market has been on a steady growth trajectory,...

at 17:30
The "Food Stabilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering. The global food stabilizer market has demonstrated steady expansion, with its...

at 17:15
The "Probiotic Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering. The global probiotic ingredients market has been on an upward...



News published on and distributed by: