PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1752325
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1752325
The Global Online Grocery Market is valued approximately at USD 80.84 billion in 2024 and is anticipated to expand at a phenomenal CAGR of 26.80% over the forecast period from 2025 to 2035. Online grocery platforms have emerged as pivotal players in redefining consumer shopping behaviors, offering convenience, accessibility, and customization at the click of a button. By seamlessly blending digital interfaces with hyperlocal supply chains, online grocery ecosystems are empowering both time-starved consumers and agile retailers to pivot toward on-demand delivery and inventory precision. Rising internet penetration, evolving urban lifestyles, and the growing adoption of smartphones have played catalytic roles in ushering this transformation across global markets.
With the global consumer increasingly embracing e-commerce for daily necessities, online grocery channels have gained unprecedented traction-particularly post the pandemic, which fast-tracked digital adoption. Fueled by shifting dietary preferences, busy schedules, and a desire for contactless convenience, categories such as fresh produce, dairy, snacks, and cooking staples are witnessing robust growth. Moreover, leading players are leveraging AI-powered recommendation engines, personalized user journeys, and robust last-mile delivery networks to elevate the digital shopping experience. Strategic investments in warehouse automation, cold-chain logistics, and subscription-based models further propel the scalability of this evolving marketplace.
Regionally, North America leads the digital grocery revolution owing to its tech-savvy population, matured retail infrastructure, and high disposable income. The U.S. market, in particular, is characterized by significant adoption of same-day delivery and click-and-collect models, supported by giants like Amazon Fresh and Walmart. Europe follows closely, where retailers in Germany, the UK, and France are rapidly digitizing supply chains and aligning with sustainability goals. Meanwhile, Asia Pacific is projected to exhibit the highest growth over the forecast period, driven by explosive e-commerce growth in India, China, and Southeast Asia. A youthful demographic, mobile-first behavior, and government digital initiatives in the region are fostering a fertile ground for online grocery expansion.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below: