Grocery Delivery App Market was valued at USD 100 Billion in 2022 and is projected to reach USD 250 Billion by 2030, growing at a CAGR of 12% from 2024 to 2030.
The grocery delivery app market has experienced significant growth from 2018 to 2022, driven by technological advancements and changing consumer behaviors. This period saw a surge in the adoption of online grocery services, with the market valued at approximately USD 57.81 billion in 2023. The COVID-19 pandemic played a pivotal role in accelerating this trend, as consumers sought safe and convenient ways to procure essentials without leaving their homes.
During these years, I personally transitioned to using grocery delivery apps to avoid crowded stores and save time. The convenience of browsing a wide array of products and having them delivered to my doorstep was unparalleled. However, I did notice occasional challenges, such as delayed deliveries during peak times and limited availability of certain fresh produce.
Looking ahead, the market is poised for exponential growth. Projections indicate that by 2030, the grocery delivery app market could reach a staggering USD 305.13 billion, reflecting a compound annual growth rate (CAGR) of 26.8% from 2024 to 2030. This anticipated expansion is attributed to several factors:
- Increased Smartphone Penetration: More consumers have access to smartphones, making it easier to use grocery delivery apps.
- Urbanization: As urban areas expand, the demand for quick and convenient shopping solutions rises.
- Technological Innovations: Advancements in app interfaces and logistics enhance user experience and delivery efficiency.
In India, the quick commerce sector, exemplified by services like Dunzo, has become a $3 billion market in 2023 and is projected to hit $40 billion by the end of the decade. This growth underscores the increasing reliance on rapid delivery services in urban centers. However, it’s worth noting that while the market is expanding, companies face challenges related to profitability and operational efficiency.
Reflecting on my experiences, while the convenience of grocery delivery apps is undeniable, there are areas for improvement. For instance, ensuring the freshness of perishable items and minimizing delivery times remain crucial for enhancing customer satisfaction. As the market evolves, I anticipate that companies will continue to innovate to address these challenges, making grocery shopping even more seamless for users.
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Who are the largest Global manufacturers in the Grocery Delivery App industry?
- Dija
- Postmates
- Getir
- Zapp
- FreshDirect
- Beelivery
- Instacart
- Walmart
- Amazon
- ALDI
- Stop＆Shop
- Thrive Market
- Shanghai Yibaimi Network Technology Co.
- Ltd.
- Shanghai Hema Network Technology Co.
- Ltd
- Shipt
- Beijing Sankuai Technology Co.
- Ltd
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Grocery Delivery App Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Grocery Delivery App Market
- Medicine
- Daily Necessities
- Fresh Food
What are the types of Grocery Delivery App available in the Market?
Based on Types the Market is categorized into Below types that held the largest Grocery Delivery App market share In 2023.
- Free for Orders over $10
- Free for Orders over $20
- Free for Orders over $30
- Others
Which regions are leading the Global Grocery Delivery App Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Grocery Delivery App Market Research Report, 2024-2032
1. Introduction of the Global Grocery Delivery App Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Grocery Delivery App Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Grocery Delivery App Market, By Type
6. Global Grocery Delivery App Market, By Application
7. Global Grocery Delivery App Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Grocery Delivery App Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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