Vietnam Online Grocery Market Overview
According to SPER Market Research, the Vietnam Online Grocery Market is estimated to reach USD xx billion by 2032 with a CAGR of xx%.
The development of e-grocery delivery in Vietnam was prompted by shortcomings in offline grocery shopping, such as the hassle of commuting, lengthy payment lines, and the expense of impulse purchases. The population between the ages of above teenager and adult is seen as a key demographic for online food purchasing. The industry is now experiencing growth, with a double-digit CAGR. E-grocery services have increased in popularity in Vietnam as a result of high internet penetration, a growing working population, and a rise in the number of single-parent households. Businesses have diversified their product lines to include domestic goods, fresh foods, fish and meat, and other product categories in addition to food and drinks. The two product categories with the highest demand are beauty and health. Fresh food and food & beverages came after that. To fulfil client requests, businesses are expected to concentrate on strengthening their relationships with suppliers and grocery shops. Future innovations like automated warehouses, voice ordering, drone deliveries, and others are anticipated to increase demand. Future market consolidation is expected as large-cap companies with strong brands acquire lesser-known businesses. machines.
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Impact of COVID-19 on the Vietnam Online Grocery Market
Vietnam Market experienced immediate economic and psychological hardship when the COVID-19 outbreak struck. Aisles at grocery shops were empty, and long lines and packed retailers added to customer’s anxieties of catching the illness. Shoppers were seeking for alternatives to in-store shopping in order to stay safe and escape the commotion. In response, grocery stores all around the country increased their online shopping options, added delivery options, and provided curb side pickup. The ease and variety of food alternatives offered by online shopping are preferred by customers, showing that this pandemic trend is here to stay, even if consumers first started doing their shopping online to avoid getting the illness. The popularity of the Vietnam Online Grocery Delivery service is due to the eace of not having to be at home to pick up their purchase. E-grocery services have expanded as a result of increased internet usage and the working population growing.
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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 Category, By Mode of Payment, By Age Group, By Type of Business, By Mode of Delivery
|
| Regions covered | Central Highlands, Mekong River Delta, North Central Coast, Northeast, Northwest, Red River Delta, South Central Coast, Southeast
|
| Companies Covered | Annam Gourmet, Bach Hoa Xanh, Chopp, Co.opmart, Farmer's Market, GrabMart, Grocery eCommerce Solutions, Lazada, Organica, Shopee, Tiki, WinMart
|
Vietnam Online Grocery Market Segmentation:
1. By Product Category:
- Beauty & Health
- Food & Beverages
- Fresh Food
- Household supplies
- Others
2. By Mode of Payment:
- Cash on Delivery
- Online Payments
3. By Age Group:
- 18-24 years
- 25-34 years
- 35-44 years
- 45+ years
4. By Type of Business:
5. By Mode of Delivery:
- In a specific time period
- Express Delivery
- Others
6. By Region:
- Central Highlands
- Mekong River Delta
- North Central Coast
- Northeast
- Northwest
- Red River Delta
- South Central Coast
- Southeast
Key Topics Covered in the Report:
- Size of Vietnam Online Grocery Market (FY’2019-FY’2032)
- Overview of Vietnam Online Grocery Market
- Segmentation of Vietnam Online Grocery Market By Product Category (Beauty & Health, Food & Beverages, Fresh Food, Household supplies, Others)
- Segmentation of Vietnam Online Grocery Market By Mode of Payment (Cash on Delivery, Online Payments)
- Segmentation of Vietnam Online Grocery Market By Age Group (18-24 years, 25-34 years, 35-44 years, 45+ years)
- Segmentation of Vietnam Online Grocery Market By Type of Business (B2B, B2C)
- Segmentation of Vietnam Online Grocery Market By Mode of Delivery (In a specific time period, Express Delivery, Others)
- Statistical Snap of Vietnam Online Grocery Market
- Growth Analysis of Vietnam Online Grocery Market
- Problems and Challenges in Vietnam Online Grocery Market
- Competitive Landscape in the Vietnam Online Grocery Market
- Impact of COVID-19 and Demonetization on Vietnam Online Grocery Market
- Details on Recent Investment in Vietnam Online Grocery Market
- Competitive Analysis of Vietnam Online Grocery Market
- Major Players in the Vietnam Online Grocery Market
- SWOT Analysis of Vietnam Online Grocery Market
- Vietnam Online Grocery Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1.2.Market segment analysis
2.1.3SPER’s internal database
2.1.4Premium insight from KOL’s
2.2 Market size estimation
2.2.1Top-down and Bottom-up approach
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.2.COVID-19 Impacts of the Vietnam Online Grocery Market
5. Market variables and outlook
5.2.4Technological landscape
5.2.5Environmental landscape
5.3.PORTER’S five forces analysis
5.3.1Bargaining power of suppliers
5.3.2Bargaining power of Buyers
5.3.3Threat of Substitute
5.3.4Threat of new entrant
6.1.Vietnam Online Grocery Base Distribution, Sales Area, Product Type
6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Vietnam Online Grocery Market
7.Vietnam Online Grocery Market, By Product Category, 2019-2032 (USD Million)
8.Vietnam Online Grocery Market, By Mode of Payment, 2019-2032 (USD Million)
9.Vietnam Online Grocery Market, By Age Group, 2019-2032 (USD Million)
10.Vietnam Online Grocery Market, By Type of Business, 2019-2032 (USD Million)
11.Vietnam Online Grocery Market, By Mode of Delivery, 2019-2032 (USD Million)
11.1.In a specific time period
12.Vietnam Online Grocery Market, By Region, 2019-2032 (USD Million)
12.1.Vietnam Online Grocery Size and Market Share by Region (2019-2025)
13.1.4.Recent developments
13.2.4.Recent developments
13.3.4.Recent developments
13.4.4.Recent developments
13.5.4.Recent developments
13.6.4.Recent developments
13.7.Grocery eCommerce Solutions
13.7.4.Recent developments
13.8.4.Recent developments
13.9.4.Recent developments
13.10.2.Financial outlook
13.10.4.Recent developments
13.11.2.Financial outlook
13.11.4.Recent developments
13.12.2.Financial outlook
13.12.4.Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. 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.
