India Online Grocery Market Growth, Size, Trends, Revenue, Share, Demand and Future Outlook
India Online Grocery Market Size- By Product Type, By Payment Method- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: FMCG2331 | Pages: 1 - 102 | Formats*: |
| Category : Consumer & Retail | |||
India Online Grocery Market Introduction and Overview
According to SPER Market Research, the India Online Grocery Market is estimated to reach USD 130.72 billion by 2032 with a CAGR of 37.35%.
The report includes an in-depth analysis of the India Online Grocery Market, including market size and trends, product mix, distribution channels, and supplier analysis. An online grocery market is a website or mobile application that allows you to buy groceries and other household supplies from the comfort of your own home. Rather than visiting a supermarket or grocery store, you may just browse the website or app, select the things you wish to purchase, and place your order. After you place your order, the online grocery store will usually deliver your groceries to your door at a convenient time for you. Some online grocery businesses now provide the option of picking up your order at a nearby location.
- The Indian Council of Agricultural Research signed a Memorandum of Understanding (MOU) with Amazon Kisan to empower farmers by guiding them through scientific production of a variety of crops for maximum output and profitability.
- Tata-owned Innovative Retail Concepts, which manages the FMCG brand BigBasket, has received a Rs 1,000 investment in 2022. BigBasket has also introduced a variety of additional delivery options, the most current of which is BBNow, which provides deliveries in select metro areas in 10 to 20 minutes by utilizing dark storefronts in key locations.
Market Opportunities and Challenges
India Online Grocery market offers both large market possibilities and significant market challenges. In terms of opportunities, one of the key drivers of India's online grocery sector is convenience. Customers in India may now order goods and have them delivered right to their door from the comfort of their own homes or businesses. This eliminates the need for in-person store visits, saving both time and effort. Furthermore, as more Indians acquire access to smartphones and the internet, the online grocery industry is becoming more popular. This has raised the demand for online grocery services in the country.
The Indian online grocery market faces a number of challenges, including logistics, quality control, payment methods, competition, and consumer behavior. A complicated network of suppliers, warehouses, and delivery agents must be maintained to ensure timely and correct order fulfillment. Quality control is difficult to maintain in the online grocery market because customers expect fresh, high-quality produce, which is difficult to manage due to various external factors such as climate, insects, and so on. For example, in hot and humid locations, it can be difficult to ensure that things arrive in good condition.
Market Competitive Landscape
The major participants in the Indian online grocery market have taken a number of actions to spur expansion. They have concentrated on increasing the variety of products they offer, collaborating with nearby suppliers to guarantee an extensive selection. In order to deliver dependable and timely services, the top players have also made significant investments in creating strong logistics networks and effective delivery systems. Some of the market key players are Amazon India Pvt. Ltd., Grofers India Pvt. Ltd., Supermarket Grocery Supplies Pvt. Ltd. (BigBasket), Reliance Retail Ltd. (Reliance Fresh), Paytm E-Commerce Pvt. Ltd. (Paytm Mall), and Godrej Nature's Basket Ltd.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product Type, By Payment Method |
| Regions covered | South India, North India, West India, East India |
| Companies Covered | Amazon India Pvt. Ltd., Grofers India Pvt. Ltd., Supermarket Grocery Supplies Pvt. Ltd. (BigBasket), Reliance Retail Ltd. (Reliance Fresh), Paytm E-Commerce Pvt. Ltd. (Paytm Mall), and Godrej Nature's Basket Ltd. |
COVID-19 Impact on India Online Grocery Market
The epidemic of COVID-19 had a tremendous impact on India's online grocery business. People were advised to avoid congested areas, especially grocery stores. As a result, as individuals sought safer and more convenient ways to buy goods, demand for online grocery services soared. To satisfy the increased demand, online grocery retailers in India expanded their operations, including delivery networks, online platforms, and inventory levels.
Key Target Audience
- Urban Dwellers
- Working Professionals
- Young Families
- Tech-savvy consumers
Our in-depth analysis of the India Online Grocery Market includes the following segments:
| By Product Type: |
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| By Payment Method: |
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Key Topics Covered in the Report
- India Online Grocery Market Size (FY’2022-FY’2032)
- Overview of India Online Grocery Market
- Segmentation of India Online Grocery Market By Product Type (Fresh Produce, Breakfast & Dairy, Snacks & Beverages, Meat & Seafood, Staples & Cooking Essentials, Others)
- Segmentation of India Online Grocery Market By Payment Method (Online, Offline)
- Statistical Snap of India Online Grocery Market
- Expansion Analysis of India Online Grocery Market
- Problems and Obstacles in India Online Grocery Market
- Competitive Landscape in the India Online Grocery Market
- Impact of COVID-19 and Demonetization on India Online Grocery Market
- Details on Current Investment in India Online Grocery Market
- Competitive Analysis of India Online Grocery Market
- Prominent Players in the India Online Grocery Market
- SWOT Analysis of India Online Grocery Market
- India Online Grocery Market Future Outlook and Projections (FY’2022-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the India Online Grocery Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 India Online Grocery Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Online Grocery Market
7. India Online Grocery Market, By Product Type, 2019-2032 (USD Million)
7.1 Breakfast & Dairy7.2 Fresh Produce7.3 Meat & Seafood7.4 Snacks & Beverages7.5 Staples & Cooking Essentials7.6 Others
8. India Online Grocery Market, By Payment Method, 2019-2032 (USD Million)
8.1 Online8.2 Offline
9. India Online Grocery Market, By Region, 2019-2032 (USD Million)
9.1 India Online Grocery Size and Market Share by Region (2019-2025)9.2 India Online Grocery Size and Market Share by Region (2026-2032)9.3 South India9.4 North India9.5 West India9.6 East India
10. Company Profiles
10.1 Amazon India Pvt. Ltd.10.1.1 Company details10.1.2 Financial outlook10.1.3 Product summary10.1.4 Recent developments10.2 Godrej Nature's Basket Ltd.10.2.1 Company details10.2.2 Financial outlook10.2.3 Product summary10.2.4 Recent developments10.3 Grofers India Pvt. Ltd.10.3.1 Company details10.3.2 Financial outlook10.3.3 Product summary10.3.4 Recent developments10.4 Paytm E-Commerce Pvt. Ltd. (Paytm Mall)10.4.1 Company details10.4.2 Financial outlook10.4.3 Product summary10.4.4 Recent developments10.5 Reliance Retail Ltd. (Reliance Fresh)10.5.1 Company details10.5.2 Financial outlook10.5.3 Product summary10.5.4 Recent developments10.6 Spencer's Retail10.6.1 Company details10.6.2 Financial outlook10.6.3 Product summary10.6.4 Recent developments10.7 Supermarket Grocery Supplies Pvt. Ltd. (BigBasket)10.7.1 Company details10.7.2 Financial outlook10.7.3 Product summary10.7.4 Recent developments10.8 UrDoorstep eRetail Pvt. Ltd.10.8.1 Company details10.8.2 Financial outlook10.8.3 Product summary10.8.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
India Online Grocery Market Segment is Covered By Product Type, By Payment Method
The Asia-Pacific region is anticipated to have the highest market share in India Online Grocery Market.
The key players in the market include Companies Covered Amazon India Pvt. Ltd., Grofers India Pvt. Ltd., Supermarket Grocery Supplies Pvt. Ltd. (BigBasket), Reliance Retail Ltd. (Reliance Fresh), Paytm E-Commerce Pvt. Ltd. (Paytm Mall), and Godrej Nature's Basket Ltd.
A website or mobile application that allows you to buy groceries and other household items from the comfort of your own home is known as an online grocery market.
India Online Grocery Market is projected to reach USD 130.72 billion by 2032, growing at a CAGR of 37.35% during the forecast period.
India Online Grocery Market grew in market size from 2021. The Market is expected to reach USD 130.72 billion by 2032, at a CAGR of 37.35% during the forecast period.
India Online Grocery Market CAGR of 37.35% during the forecast period.
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India Online Grocery Market size is USD 130.72 billion from 2022 to 2032.
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