Online Grocery Market, valued at USD 81.4 Billion in 2024, is projected to surpass USD 585.7 Billion by 2033, indicating a robust CAGR of 24.9%

Online grocery shopping is a process of purchasing food and household items through internet-based platforms. Online grocery shopping enables users to create personalized shopping lists, set reminders for purchases, and schedule delivery times. This level of customization enhances efficiency and helps users manage their grocery needs more effectively. Furthermore, online grocery platforms frequently offer delivery services, allowing customers to have their orders delivered directly to their doorstep. This not only saves time but also eliminates the need for transportation. Overall, the applications of online grocery shopping are diverse, ranging from convenience and accessibility to customization and sustainability, making it a popular choice for consumers.

However, inability to touch and feel the product became a restraint for the online grocery market. Furthermore, rising subscription models and expansion of online market prompted the online grocery market. In subscription model people have to subscribe monthly or weekly for a convenient shopping experience. As a consequence, market participants are looking into new advancements in the online grocery market.

Online Grocery Market Statistics

• The global online grocery market is valued at USD 81.4 billion in 2024 and is expected to grow at a CAGR of over 24.9% from 2025 to 2033
• Asia-Pacific leads the market with USD 47.2 billion in revenue in 2024
• The North America market is projected to grow at a CAGR of 26.5%
• The staple and cooking essentials sub-segment accounted for 28% of the market share in 2024
• A discernible trend in the online grocery market is rising e-commerce platforms and online shopping apps

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Online Grocery Market Dynamics

Increasing Internet Penetration Fuels the Online Grocery Market Value

Increasing internet penetration drives the demand for the online grocery market. For instance, the number of Chinese internet users has grown by approximately 1,092 million in December 2023 from 772 million in 2017. This growing use of the internet of things raises the demand for online shopping. Online shopping enhances the overall experience of the customers by offering offers and discounts. Additionally, the subscription model also gives a significant way to order a favorite item from app-based platforms. As a result, internet penetration increases worldwide the online grocery market will automatically rise in the forecast year.

Technological Advancements in Delivery Logistics Offers Significant Online Grocery Market Opportunity

The technological advancements in delivery logistics, such as route optimization, tracking systems, and autonomous vehicles, are revolutionizing the online grocery market. These advancements reduce delivery times, and enhance overall efficiency, creating an opportunity for growth. With improved delivery solutions and better stock management, online grocery retailers can offer customers faster delivery options and a shopping experience, driving increased demand and market expansion.

Additionally, technologies like automated dispatch software, delivery tracker apps, rugged devices and GPS tracking systems further enhance the delivery logistics process. This technologies offer cost efficiency, time-saving process and improve overall shopping experience. Furthermore, key players further enhance the growth of market by their collaborations. For instance, for the food delivery service J Sainsbury plc. Partnered with Just Eat Takeaway on January 2023. This collaboration leads to the fastest delivery of food products. As a result, these growing technological advancements will significantly increase the growth of online grocery market in the forecast year.

Online Grocery Market Segmentation

The global market for online grocery has been segmented into product type, delivery type, platform, purchase type, and region.

• Product type is classified into fresh produce; staple and cooking essentials; RTE food, snacks and beverages; bakery and confectionery; dairy products; breakfast and cereal; household and cleaning products; beauty and personal care; baby food and care; and pet food and care
• Delivery type are bifurcated into instant delivery, and schedule delivery
• Platform are categorized into web-based, and app-based
• Purchase type is divided into one-time, and subscription
• The online grocery market is geographically split into Europe, North America, Latin America, APAC, and the Middle East and Africa

Online Grocery Market Regional Outlook

In terms of online grocery market analysis, North America dominates the online grocery market. The growing internet penetration and rising urbanization boost the demand for online grocery market in this region. For instance, 76% of online users were found in 2009 and it will rise in 2023 by 95%. This growing use of internet will increase the demand for online shopping. Additionally, online shopping offers wider options for products and diverse delivery options. Technological advancements in this region maintain its position in the market.

Meanwhile, Asia-Pacific emerges as the fastest-growing region, propelled by increasing focus on e-commerce things and rising internet penetration. Firstly, grocery includes the products snacks, meats, food, vegetables, fruits, and dairy products. Countries like China, India, Japan, Australia, South Korea have the presence of key players due to there recent developments regon maintain its position in the market. Factors like technologies contribute to the escalating demand for online grocery in the region.

Online Grocery Market Players

Online grocery companies profiled in the report include Carrefour, The Kroger Co., Costco Wholesale Corporation, Tesco PLC, Walmart Inc, Edeka Group, ShopFoodEx, HappyFresh, Schwan’s Home Delivery, Amazon.com, Inc, Koninklijke Ahold Delhaize N.V., Safeway Inc. (Albertsons Companies, Inc.), Wm Morrison Supermarkets Limited, and Reliance Retail Limited (Reliance Industries Limited).

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Online Grocery Market Key Insights

Mr. Richard Johnson

Acumen Research and Consulting

India: +91 8983225533

E-mail: [email protected]