More and more investments into the sector, high smartphone and internet penetration, and continuous innovations are the main factors contributing to this surge in India. Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, are expected to reach 310 million digital consumers by 2025.Īs per Netscribes, Indian online grocery market is valued to be USD 14.46 billion by 2023. Bain & Company along with Facebook conducted a survey among Southeast Asian countries that reveals huge accelerated growth in the online grocery shopping trend. It is estimated that China’s online grocery market will be a whopping USD 219 billion by the end of 2026. During January – February 2020, Alibaba’s Freshippo witnessed a surge in demand along with an increased number of new users. The pandemic outbreak also has accelerated China’s online grocery sector. Carrefour UAE saw a 59% spike in their new online customers during the COVID19 period. Meanwhile, Choueiri Group’s research report states that 55% of Saudi Arabian consumers purchased groceries online during April 2020 as compared to only 6% pre-pandemic period, indicating a clear shift of consumer preference towards eCommerce groceries. As per the report published by Strategy, almost 29% of Swedish consumers shopped groceries online for the first time after the pandemic outbreak. Even Sweden with an internet penetration of 87.8% has witnessed rapid growth in the online grocery business. About 3.2 out of 4.95 million Norwegians prefer shopping online and this number is on a rise contributing to a bright future for the online groceries. Norway’s high internet usage, however, is driving eCommerce groceries. Deloitte also reported a 10% surge in online grocery sales in Denmark during March 2020. According to the Ken Research report, Denmark’s food and grocery segment is expected to grow to USD 742 million by 2022 with an estimated penetration of 15.6%. The online grocery market in Nordic countries too witnessed a quantum leap recently, with customers relying on online grocery delivery services. As per the survey conducted by online grocery consultant Brick Meets Click (BMC), USA’s online grocery sales for delivery and pickup reached a record USD 7.2 billion in June 2020, a 9% increase over May, which surpassed the previous set record of USD 6.6 billion. According to Kantar, by the end of April 2020, the eCommerce share of the grocery market was cumulatively 12.4% across China, France, Spain and the UK, up from 8.8% at the end of 2019. Rapid Growth of Online Grocery Delivery Market Across The GlobeĮvery dark cloud has a Silver lining, likewise COVID19 pandemic has been a boon to the online grocery market worldwide. Because once the pandemic subsides, consumers should be able to rely on these parameters and stick to their online grocery purchase. The future of eCommerce grocery will largely depend on how best the players are able to handle surge demands without compromising on quality, price and delivery promises. Customers are finding it safer and easier to browse through the offerings of eCommerce grocery items and placing their orders to get it home delivered, completely contactless. ![]() The pandemic has further fuelled the preference of online grocery shopping over traditional means. ![]() As per Orian Research’s latest findings, the online grocery market is expected to grow with 23.7% CAGR in the next five years. ![]() With convenience and great offers kicking in, online grocery shopping is fast catching up with global consumers. Gone are the days when consumers would frequently visit a supermarket or a farmer’s market to pick up their weekly stock of grocery items.
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