Dublin, May 19, 2025 (GLOBE NEWSWIRE) -- The "Online Grocery Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to ResearchAndMarkets.com's offering.
The online grocery market is on a fast track for exceptional growth, forecasting a leap from US$ 595.58 billion in 2024 to an astounding US$ 3.61 trillion by 2033. Propelled by a robust CAGR of 22.17% from 2025 to 2033, the market is poised to achieve phenomenal transformation as consumer demand for convenience and technology-driven shopping experiences escalates.
A significant driver for this surge is the growing reliance on smartphones and internet access, making digital grocery shopping accessible and appealing. The integration of AI and machine learning to create customized shopping experiences also fuels this growth, proving invaluable for both retailers and consumers looking for efficiency and personalization.
The COVID-19 pandemic played a pivotal role in accelerating adoption trends in online grocery shopping, pushing many consumers towards contactless and seamless solutions. With continuous innovations in logistics and technology facilitating quicker and more efficient deliveries, the sector promises an enhanced consumer experience. Innovations like predictive analytics, AI in inventory management, and optimized delivery routes are refining the logistics landscape, while last-mile delivery solutions offer sustainable and cost-effective alternatives. These trends significantly reduce delivery times and drive consumer adoption further.
Key players continually shaping the landscape include giants like Amazon Fresh, Walmart, and Instacart in the United States, each leveraging vast product catalogs and rapid delivery options. In Germany, REWE and Edeka are pioneering in delivering convenience and efficiency to a digitally connected audience. In India, collaborations and tech advancements by brands such as BigBasket and Amazon Pantry transform the shopping experience, offering unprecedented speed and selection.
The online grocery market's competitive environment thrives on dynamic changes, driven by insights-driven strategies and consumer behaviors. Companies must navigate challenges such as inventory management complexities and heightened competition while emphasizing superior service and innovative approaches to maintain market presence and capitalize on emerging opportunities.
On a regional scale, North America leads with advanced logistics and a dominant internet landscape, while Asia-Pacific showcases considerable expansion due to urbanization and digital connectivity. Emerging markets like the Middle East and Latin America are embracing these developments, lured by the promise of frictionless shopping experiences.
Overall, the online grocery industry's growth prospects remain robust as leading companies like Tesco Plc., Walmart Inc., and Carrefour, among others, continue to innovate. They are shaping consumer buying habits and setting benchmarks in efficiency and service, paving the way for an era of digital retail excellence.
Important questions addressed in the report highlight dimensions like market size, growth rates, key players, and the factors shaping this burgeoning industry. These insights form an essential resource for stakeholders navigating the future of online grocery retail.
Key Attributes:
Report Attribute | Details |
No. of Pages | 200 |
Forecast Period | 2024 - 2033 |
Estimated Market Value (USD) in 2024 | $595.58 Billion |
Forecasted Market Value (USD) by 2033 | $3610 Billion |
Compound Annual Growth Rate | 22.1% |
Regions Covered | Global |
Key Topics Covered:
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Online Grocery Market
6. Market Share Analysis
6.1 By Product
6.2 By Purchase Type
6.3 By Delivery Type
6.4 By Payment Method
6.5 By Countries
7. Product
8. Purchase Type
9. Delivery Type
10. Payment Method
11. Countries
12. Porter's Five Forces Analysis
13. SWOT Analysis
14. Key Players
- Tesco Plc.
- Walmart Inc.
- Auchan SA
- The Kroger Co.
- Carrefour
- Costco Wholesale Corporation
- Koninklijke Ahold Delhaize N.V.
- Target Corporation
For more information about this report visit https://www.researchandmarkets.com/r/d9b944
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