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Saudi Arabia Online Grocery Market Report by Product Type (Vegetables and Fruits, Dairy Products, Staples and Cooking Essentials, Snacks, Meat and Seafood, and Others), Business Model (Pure Marketplace, Hybrid Marketplace, and Others), Platform (Web-Based, App-Based), Purchase Type (One-Time, Subscription), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A20887
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Market Overview:
Saudi Arabia online grocery market size is projected to exhibit a growth rate (CAGR) of 17.50% during 2024-2032. The increasing demand for online grocery platforms, which often provide a vast array of products, including specialty and international items that may not be readily available in local stores, is driving the market.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023 |
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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| Market Growth Rate (2024-2032) | 17.50% |
Online grocery shopping refers to the process of purchasing food and household items through the internet and having them delivered to one's doorstep. It involves accessing a virtual supermarket or grocery store website or app, browsing through product listings, adding selected items to a digital cart, and completing the transaction online. This convenient method of shopping offers customers the flexibility to order from the comfort of their homes, saving time and effort compared to traditional in-store shopping. Online grocery platforms often provide a wide range of products, including fresh produce, packaged goods, and even specialty items. The rise of online grocery services has been accelerated by advancements in technology, increased internet accessibility, and a growing preference for contactless transactions. It has become a popular choice for busy individuals, families, and those seeking a more efficient and time-saving approach to meeting their grocery needs.
Saudi Arabia Online Grocery Market Trends:
The online grocery market in Saudi Arabia has experienced exponential growth in recent years, fueled by several key drivers. Firstly, the widespread adoption of smartphones and increased internet penetration has facilitated easy access to online platforms. As a result, consumers can conveniently browse, compare prices, and place orders from the comfort of their homes. Additionally, the hectic pace of modern life has driven the demand for time-saving solutions, making online grocery shopping an attractive option for those seeking efficiency. Moreover, the shift towards online shopping, as safety concerns prompted consumers to minimize in-person interactions, is creating a positive outlook for the market. Furthermore, the availability of diverse product selections, coupled with personalized recommendations driven by advanced algorithms, enhances the overall shopping experience and contributes to the sustained growth of the online grocery market. In conclusion, the convergence of technological advancements, changing consumer lifestyles, and the impact of external factors collectively drive the robust expansion of the online grocery market in Saudi Arabia, making it a dynamic and ever-evolving industry.
Saudi Arabia Online Grocery Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the 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:
- Web-Based
- App-Based
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:
- One-Time
- Subscription
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.
Regional Insights:
- Northern and Central Region
- Western Region
- Eastern Region
- Southern Region
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. 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.
Saudi Arabia 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 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 |
| Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
| 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 Saudi Arabia 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 Saudi Arabia online grocery market?
- What is the breakup of the Saudi Arabia online grocery market on the basis of product type?
- What is the breakup of the Saudi Arabia online grocery market on the basis of business model?
- What is the breakup of the Saudi Arabia online grocery market on the basis of platform?
- What is the breakup of the Saudi Arabia online grocery market on the basis of purchase type?
- What are the various stages in the value chain of the Saudi Arabia online grocery market?
- What are the key driving factors and challenges in the Saudi Arabia online grocery?
- What is the structure of the Saudi Arabia online grocery market and who are the key players?
- What is the degree of competition in the Saudi Arabia 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 Saudi Arabia online grocery market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia 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 Saudi Arabia online grocery industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
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