Market Overview:
Middle East online grocery market size is projected to exhibit a growth rate (CAGR) of 24.20% during 2024-2032. The increasing proliferation of smartphones and user-friendly mobile applications, which have made it easier for consumers to access online grocery platforms, is driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
24.20% |
Online grocery shopping refers to the process of purchasing food and household items through the internet, utilizing dedicated websites or mobile applications. This modern convenience allows customers to browse, select, and order a wide range of products from the comfort of their homes. With online grocery services, shoppers can access a diverse array of items, including fresh produce, pantry staples, and perishable goods. The process typically involves creating a virtual shopping cart, selecting preferred delivery or pickup options, and completing the transaction electronically. This trend has gained popularity for its time-saving benefits, as customers can avoid physical store visits, long queues, and heavy bags. Additionally, online grocery platforms often provide personalized recommendations, discounts, and efficient delivery services, contributing to a more streamlined and convenient shopping experience in the digital age.
Middle East Online Grocery Market Trends:
The online grocery market in the Middle East has witnessed unprecedented growth in recent years, primarily fueled by the increasing penetration of internet connectivity and the widespread adoption of smartphones. With the advent of technology, consumers are now seamlessly transitioning to digital platforms for their grocery needs. Moreover, the convenience offered by online grocery shopping, coupled with time-saving features, has become a significant driver for market expansion. Additionally, the surge in e-commerce platforms and the integration of user-friendly mobile applications have played a pivotal role in shaping the online grocery landscape. This digital transformation has not only enhanced accessibility but also provided customers with a diverse range of products and competitive pricing. The availability of personalized recommendations and discounts further incentivizes users to opt for the virtual aisles. In tandem, the evolving consumer lifestyle, characterized by busy schedules and a desire for hassle-free shopping experiences, underscores the importance of online grocery services. As the industry continues to innovate and adapt to changing consumer preferences, the online grocery market in the Middle East is poised for sustained growth, with convenience, safety, and accessibility emerging as key driving factors.
Middle East Online Grocery Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country level for 2024-2032. Our report has categorized the market based on product type, business model, platform, and purchase type.
Product Type Insights:
- Vegetables and Fruits
- Dairy Products
- Staples and Cooking Essentials
- Snacks
- Meat and Seafood
- Others
The report has provided a detailed breakup and analysis of the market based on the product type. This includes vegetables and fruits, dairy products, staples and cooking essentials, snacks, meat and seafood, and others.
Business Model Insights:
- Pure Marketplace
- Hybrid Marketplace
- Others
A detailed breakup and analysis of the market based on the business model have also been provided in the report. This includes pure marketplace, hybrid marketplace, and others.
Platform Insights:
The report has provided a detailed breakup and analysis of the market based on the platform. This includes web-based and app-based.
Purchase Type Insights:
A detailed breakup and analysis of the market based on the purchase type have also been provided in the report. This includes one-time and subscription.
Country Insights:
- Saudi Arabia
- Turkey
- Israel
- United Arab Emirates
- Iran
- Iraq
- Qatar
- Kuwait
- Oman
- Jordan
- Bahrain
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, Turkey, Israel, United Arab Emirates, Iran, Iraq, Qatar, Kuwait, Oman, Jordan, Bahrain, and Others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Middle East Online Grocery Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product Type
- Business Model
- Platform
- Purchase Type
- Country
|
Product Types Covered |
Vegetables and Fruits, Dairy Products, Staples and Cooking Essentials, Snacks, Meat and Seafood, Others |
Business Models Covered |
Pure Marketplace, Hybrid Marketplace, Others |
Platforms Covered |
Web-Based, App-Based |
Purchase Types Covered |
One-Time, Subscription |
Countries Covered |
Saudi Arabia, Turkey, Israel, United Arab Emirates, Iran, Iraq, Qatar, Kuwait, Oman, Jordan, Bahrain, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Middle East online grocery market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Middle East online grocery market?
- What is the breakup of the Middle East online grocery market on the basis of product type?
- What is the breakup of the Middle East online grocery market on the basis of business model?
- What is the breakup of the Middle East online grocery market on the basis of platform?
- What is the breakup of the Middle East online grocery market on the basis of purchase type?
- What are the various stages in the value chain of the Middle East online grocery market?
- What are the key driving factors and challenges in the Middle East online grocery?
- What is the structure of the Middle East online grocery market and who are the key players?
- What is the degree of competition in the Middle East online grocery market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Middle East online grocery market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Middle East online grocery market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Middle East online grocery industry and its attractiveness.
- A competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.