Online Grocery Market Seeking Excellent Growth | Dunzo, Amazon, Natures Basket

Latest publication on ‘Online Grocery Market in India 2020’ is added in HTF MI research reporsitory provides in-depth analysis, Competitive scenario, and future market trends and strategies. The regional analysis includes countries like USA, Germany, China, France, Japan, South Korea, UK, BeNeLux, Nordic Nations, Middle East & Africa and many other countries along with major players profiled such as Spencer’s Retail Limited, Amazon India Limited, Avenue E-commerce Limited (Dmart), Dunzo Digital Private Limited, Grofers India Private Limited, Max Hypermarket India Private Limited (Spar), Natures Basket Limited, Paytm E-commerce Private Limited (Paytm Mall), Reliance Retail Limited. The Market has witnessed continuous growth in the past few years and is projected to see some stability post Q2,2020 and may grow further during forecast year 2021-2026.

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Summary

The online grocery market in India was valued at INR 135.62 Bn in 2019 and is expected to reach INR 1,227.52 Bn by 2025, expanding at a CAGR of 41.80% during the forecast period (2020-2025). Venture capitalists such as SoftBank Vision Fund, Tiger Global, and Sequoia Capital are investing in online grocery companies, mainly owing to the possibility of high returns. The initial days of the coronavirus-led lockdown were difficult for the online grocery market in India. Several e-commerce platforms entered the e-grocery space to cater for the increased demand during the lockdown.

The online grocery market in India is one of the few sectors that has benefited from the pandemic. With the imposition of the nationwide lockdown, consumers had begun panic-buying and stockpiling; as a result, online grocery shopping surged. The soaring grocery delivery demand and supply chain and logistics challenges during the initial days of the lockdown had caused substantial disruptions in the e-grocery market. However, key players stabilized their operations with the declaration of the services of e-commerce retailers as essential in April 2020.

Market Influencer

Increased penetration of the internet and smartphones, and large-scale adoption of 4G have smoothed the way for Indians with hectic lifestyles to embrace online grocery shopping. The trend can be observed especially in tier II and III cities across the country. As of September 2020, the online food and grocery retail accounted for 0.3% of the overall retail market.

Companies covered:

• Spencer’s Retail Limited
• Amazon India Limited
• Avenue E-commerce Limited (Dmart)
• Dunzo Digital Private Limited
• Grofers India Private Limited
• Max Hypermarket India Private Limited (Spar)
• Natures Basket Limited
• Paytm E-commerce Private Limited (Paytm Mall)
• Reliance Retail Limited

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Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction

3.1. Market definition and structure

Chapter 4: Market overview

4.1. Online Grocery market overview

4.2. Online Grocery market size and growth forecast

….Continued

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