India’s online grocery market to reach $ 17.72 billion by 2026 – Stillwater Current

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According to the latest IMARC group report, entitled “Indian Online Grocery Market Research Report: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026” the size of India’s online grocery market is growing robustly. For the future, the market value is expected to reach $ 17.72 billion by 2026, with a CAGR of 28.90% in 2021-2026. Online grocery stores refer to e-commerce websites and mobile apps that help consumers order fresh produce, packaged food, and dairy, as well as various other necessary household items. These online portals use the Internet to place orders while allowing for the scheduled delivery of required goods directly from local stores and third-party online retail organizations. In India, online grocery stores have gained immense popularity as these stores offer easy return, refund and exchange of items; improved convenience; several options to choose from; and flexibility in payment methods.

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.

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Indian Cold Chain Market Trends:

The growing penetration of high-speed internet connectivity in urban and rural areas and the increasing adoption of smartphones are the main drivers for the growth of the market. The growing digital culture of much of the consumer base has also enabled them to order groceries through online platforms. In addition, the expansion of the e-commerce industry and increasing consumer awareness of the advantages and benefits associated with online grocery shopping have increased the acceptance of online grocery portals in the country. Additionally, the coronavirus (COVID-19) outbreak has encouraged consumers to shop for essential groceries and household items online with contactless deliveries and digital payment methods to minimize social contact and the spread of the virus. In addition, various providers are streamlining their functions by offering flexible services and hassle-free refund policies. They are also introducing subscription or on-demand delivery models for their users, which provides a positive outlook for the market.

Explore the full report with table of contents and list of figures: https://bit.ly/3AByuyY

Key market segmentation:

Competitive landscape:

The competitive landscape of the industry was also examined with some of the major players being Aaram Shop Private Limited, Amazon Retail India Pvt. Ltd, Godrej Nature’s Basket, Grofers India Private Limited, Innovative Retail Concepts Pvt Ltd (Bigbasket), Paytm E-Commerce Pvt. Ltd, etc.

Breakdown by product type:

  • Cereals
  • Bread, Bakery and Dairy Products
  • Fruits and vegetables
  • Personal care
  • Dry and baked goods
  • Household products
  • Beverages
  • Meat and meat products
  • Others

Breakdown by payment method:

Breakdown by platform:

Breakdown by region:

  • North India
  • Eastern india
  • Western india
  • South India

Highlights of the report:

  • Market performance
  • Market outlook
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

About Us

The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.

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