Online Grocery Market is Projected to Expand at a Strong CAGR of 20.47% by 2021

“Global Online Grocery Market 2017-2021” provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Online Grocery Market.

This report studies the Online Grocery market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries. The report covers the present scenario and the growth prospects of the global Online Grocery retail market for 2017-2021. To calculate the market size, the report includes segmentation of the market on the basis of product category and geography.

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Key vendors in this market are:
• Carrefour
• Kroger
• Target
• Tesco
• Walmart
• Alibaba Group Holding
• Amazon.com
• bigbasket.com
• BigBazaar
• Coles Supermarkets
• Costco Wholesale
• EDEKA GROUP
• METRO AG

Commenting on the report, an analyst from Industrydataanlytics team said: The latest trend gaining momentum in the market is increased demand for functional food and beverages. Vendors worldwide market functional foods and beverages as products that provide a range of health benefits such as enhanced immune system, improved mental strength, improved heart rate, improved digestive health, hydration and electrolyte replenishing benefits, and better intestinal flora and gut function. Functional foods and beverages offer health benefits that appeal to consumers.””

The global grocery market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. Some of the competitive strategies of these vendors include consumer engagement and digital channel mix through digital marketing, sales, discounts, and bundle discount offers to induce impulsive purchases in staple categories, and omnichannel strategies for integrated channels. Furthermore, several vendors are increasingly focusing on investments in technological advancements to provide better information to both buyers and sellers on the platform, better checkout technology, and process, optimizing product search capabilities, and improving the imaging technology.

Industrydataanlytics forecast the global online grocery market to grow at a CAGR of 20.47% during the period 2017-2021.

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Covered in this report:
The report covers the present scenario and the growth prospects of the global online grocery market for 2017-2021. To calculate the market size, the report considers the retail value sales of grocery products.

Industrydataanlytics report , Global Online Grocery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

This independent 70 page report guarantees you will remain better informed than your competition. With over 50 tables and figures examining the Online Grocery market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

Segmentation by geography and analysis of the Online Grocery market
• Americas
• APAC
• EMEA

Further, the report states that one of the major factors hindering the growth of this market is end-users’ perception of online grocery shopping. Despite the healthy growth that the online grocery shopping is enjoying, online grocers are facing a tough time creating a favorable perception among many end-users. As the market is at its nascent stage, compared to the huge market for grocery items, vendors find it hard to create to a positive impact on end-users mind.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Major points covered in Global Online Grocery Market 2017 Research are:-

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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