Online Grocery Market - Demand, Supply, development status and forecast in United States
A Recent Study Says That “Global Online Grocery Market” Will Make a Huge Impact in near Future in International Market
(EMAILWIRE.COM, April 18, 2018 ) According to Publisher’s market research analyst, the global online grocery market is anticipated to grow at a steady rate and will post a CAGR of more than 20% during the forecast period. The growth in digital consumerism will drive the growth prospects for the global online grocery market until the end of 2021. The growing dependence of consumers on digital media and devices to get detailed information about products before purchase empowers them to have a very informed decision-making process. Consequently, the growing rate of digital consumerism on retail sales of grocery will influence the global online grocery market positively in the coming years. Some of the major factors responsible for the market segment's growth includes increased penetration of wireless broadband internet, high adoption of smart devices, and the increased number of social media users that enables consumers to access information about the grocery shopping online and grocery products and interact with a brand or business online. Furthermore, consumers look for the attractive discounts offered on grocery items, which further propels the rate of revenue generation in the market due to increased sales volume.
The increased demand for functional food and beverages will drive the growth prospects for the global online grocery market for the next four years. The online grocery store or household supplies market further will grow due to the supply of functional foods and beverages that contain health benefits such as enhanced immune system, improved mental strength, improved heart rate, and improved digestive health.
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Competitive landscape and key vendors
The global grocery market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. Some of the competitive strategies of these vendors include consumer engagement and digital channel mix through digital marketing, sales, discounts, and bundle discount offers to induce impulsive purchases in staple categories, and omnichannel strategies for integrated channels. Furthermore, several vendors are increasingly focusing on investments in technological advancements to provide better information to both buyers and sellers on the platform, better checkout technology, and process, optimizing product search capabilities, and improving the imaging technology.
Key vendors in this market are -
Carrefour
Kroger
Target
Tesco
Walmart
Other prominent vendors in the market include ÆON, Aldi, Alibaba, Amazon, big basket, BigBazaar, Coles Supermarkets, Costco Wholesale, EDEKA, METRO AG, more, REWE, Safeway, Schwarz, and Tengelmann.
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The increased demand for functional food and beverages will drive the growth prospects for the global online grocery market for the next four years. The online grocery store or household supplies market further will grow due to the supply of functional foods and beverages that contain health benefits such as enhanced immune system, improved mental strength, improved heart rate, and improved digestive health.
Sample Copy is Available @ http://www.reportsweb.com/inquiry&RW0001692775/sample
Competitive landscape and key vendors
The global grocery market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. Some of the competitive strategies of these vendors include consumer engagement and digital channel mix through digital marketing, sales, discounts, and bundle discount offers to induce impulsive purchases in staple categories, and omnichannel strategies for integrated channels. Furthermore, several vendors are increasingly focusing on investments in technological advancements to provide better information to both buyers and sellers on the platform, better checkout technology, and process, optimizing product search capabilities, and improving the imaging technology.
Key vendors in this market are -
Carrefour
Kroger
Target
Tesco
Walmart
Other prominent vendors in the market include ÆON, Aldi, Alibaba, Amazon, big basket, BigBazaar, Coles Supermarkets, Costco Wholesale, EDEKA, METRO AG, more, REWE, Safeway, Schwarz, and Tengelmann.
For Inquire before Buying @ http://www.reportsweb.com/inquiry&RW0001692775/buying
About Us:
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
Contact Us:
Phone: +1-646-491-9876
Email Id: sales@reportsweb.com
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: 6464919876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: 6464919876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results