DUBLIN--(BUSINESS WIRE)--The "India Online Grocery Market Outlook to FY'2027F- Driven by Changing Consumer Needs and Preferences With Availability of Supplies and Reliability of Delivery of the Products" report has been added to ResearchAndMarkets.com's offering.
The report provides a comprehensive analysis of the Online Grocery market in India. The report covers overview and genesis of the industry, product wise market size; market segmentations; analysis on the e-Grocery market; trends and developments, issues and challenges and comparative landscape including market shares of major companies, competition scenario, cross comparison and financial parameters of major players in India.
The report concludes with future market projections of each product segmentation and Analyst recommendations to win the e-Grocery Industry in India.
India Online Grocery Market Overview
India's online grocery battle has been heating up fueled by the pandemic-related surge in demand, offline retailers' growing Omni channel presence, and the arrival of big players in market.
The market has grown at an increasing growth rate over the period FY'2017-FY'2022, supported by the increase in continuous growth of population in the country along with growing internet penetration and rising use of e-platforms. Indian consumers have been evolving dynamically in their quest for convenience, health, and value with the pandemic that forced everyone to stay home further accelerating these trends along with the changing needs and preferences of consumers.
Factors such as boom of digital literacy, ease of usage, wide availability of branded products, economic value with price comparison across brands, offers & deals, express delivery driving the Online Grocery Market in India. The convenience and increasingly personalized experiences offered by online grocery platforms have long been appealing to consumers which is surging the demand for e-Groceries.
Comparative Landscape in India Online Grocery Market
The e-grocery Market competition in India is moderately fragmented with presence of multiple players in the industry. Top 3 players namely BigBasket, JioMart and Blinkit together dominate the market share.
Companies are battling against each other to acquire and retain clients focusing on providing customer-oriented services, expand geographical presence and services provided with increased margins. Key competitive parameters include delivery cost, delivery time, product and quality information, brand value, easy user interface, discounts and offers and easy returns.
India Online Grocery Market Outlook and Projections:
The e-Grocery market is expected to increase in the near future owing to the continued growth in e-commerce with the convenience and discounts offered to consumers. The proliferation of mobile devices combined with internet access via affordable broadband solutions and mobile data is a key factor driving the tremendous growth in India's e-grocery.
Factors like an increase in mobile commerce, rising consumption spending by consumers, payment modernization and increasing investments along with government and private initiatives will drive the market in future.
Key Segments Covered in the report:
- India e-Grocery Market
By Categories of Groceries
- Food grains, Oil and Masala
- Fruits and Vegetables
- Snacks and Branded Food
- Beauty and Hygiene
- Bakery Cakes and Dairy
- Eggs, Meat and Fish
- Cleaning and Household
By Sales Model
- Bulk Purchase Model
- Quick Commerce Model
- Metro Cities
- Tier I
- Tier II and Others
By Sales Channel
By Sales Platform
- Mobile Application
- Desktop Website
Key Target Audience
- Grocery Industry
- e-Grocery Companies
- Grocery Manufacturers and Distributors
- Retail Grocery Stores
- Venture Capitalists
- FMCG Companies
3PL Logistics Companies
- Retail Companies
- Quick Commerce Companies
- Last Mile Logistic Companies
- Logistics/ Supply Chain Industry Associations
- Market Research and Consulting Firms
Time Period Captured in the Report:
- Historical Period: FY'2017-FY'2022
- Forecast Period: FY'2022-FY'2027F
- Big Basket
- Swiggy Instamart
- Amazon Fresh
- Flipkart Supermart
For more information about this report visit https://www.researchandmarkets.com/r/9g8lmy
Laura Wood, Senior Press Manager
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