Asia Pacific Online Grocery Market Growth, Size, Trends, Share, Revenue and Future Competition

Asia Pacific Online Grocery Market Size- By Product Type, By Delivery Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Asia Pacific Online Grocery Market Size- By Product Type, By Delivery Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Jan 2024 Report ID: FMCG2408 Pages: 1 - 153 Formats*:     
Category : Consumer & Retail
Asia-Pacific Online Grocery Market Introduction and Overview 

According to SPER Market Research, the Asia-Pacific Online Grocery Market is estimated to grow with a CAGR of 15.2% by 2033.

The report includes an in-depth analysis of the Asia-Pacific Online Grocery Market, including market size and trends, product mix, applications, and supplier analysis. Online grocery shopping is a service that grocery retailers provide that can be used as a stand-alone e-commerce platform, a physical supermarket, or a brick-and-mortar store. An extensive product range, digital payment options, and optional delivery slots are all provided by online grocers. Customers switched to ordering their groceries online because of these aspects' convenience. With only a click of the mouse, you may have fresh and packaged foods including meat, fish, cereals, fruits and veggies, dairy, cereals, snacks, and more delivered to your doorstep.

  • February 2022: Swiggy's Instamart in India has announced a partnership with Zepto, a rapid commerce firm based in Mumbai. It is hoped that the collaboration will assist both businesses in introducing private-label goods. Products sold by shops under their own brand names are known as private-label products. Private-label goods give the store a larger profit margin, hence many e-commerce businesses sell them.
  • February 2022: Rakuten Group, Inc. declared the opening of "Rakuten Zenkoku Super," their online grocery delivery service in Japan. The next phase of Japanese grocery buying development is represented by Rakuten Zenkoku Super. With the help of this newly built service, supermarkets around the country will be able to reach new demographics and geographic areas by providing them with a comprehensive online grocery buying platform. The platform is made to quickly deliver products to customers.
Asia-Pacific Online Grocery Market
Market Opportunities and Challenges
The Asia-Pacific region's online grocery market is growing as a result of the e-commerce infrastructure's rapid development. There has been a sharp increase in the number of people shopping for groceries online thanks to the development of online payment methods, mobile device adoption, and high-speed internet. Large e-commerce companies like JD.com, Rakuten, Lazada, and Alibaba's Tmall have simplified the online grocery shopping experience by providing a wide range of products and practical delivery choices. Consumers are more likely to spend more money on online grocery shopping when disposable incomes rise throughout the region. They are also more likely to choose luxury products like organic fruit, premium meats, and foreign goods. This change is the result of changing customer tastes that favour time-saving methods. Online retailers have responded by offering flexible delivery alternatives, such as same-day or next-day delivery, by utilising GPS monitoring technology. Government programmes in nations like China and India that support digitalization and e-commerce further aid in the rise.

Although the market for online grocery delivery in Asia-Pacific is expanding, there are still a number of obstacles to overcome. It can be difficult to guarantee on-time delivery, particularly in isolated locations, because of infrastructure and geographic limits. When purchasing food online, some customers may also have doubts about the quality and freshness of the products, which can impede market expansion. Moreover, platforms that distribute groceries online face fierce competition, which frequently results in narrow profit margins and the need for ongoing innovation to be competitive.

Asia-Pacific Online Grocery Market


Market Competitive Landscape
The market for online grocery delivery is fragmented. In addition, there is fierce rivalry between regional and international market participants. Principal firms are focusing on expanding their market share through a range of tactics, including as collaborations, mergers and acquisitions, and international expansion. It is expected that the market participants will gain from these initiatives as they expand their product offerings and local presence. Additionally, it is anticipated that they would enhance their offerings throughout the region's market. The major players in the Asia-Pacific Online Grocery Market include: Alibaba, Amazon.com, Inc., Carrefour, Costco Wholesale Corporation, Koninklijke Ahold Delhaize N.V., LuLu Hypermarket, Rakuten Group, Inc., Reliance Retail Ltd., Supermarket Grocery Supplies Private Limited, Target Brands, Inc., Tesco, Walmart Inc., Zomato, Others.

Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2033
 Base year considered 2022
 Forecast period 2023-2033
 Segments coveredBy Product Type, By Delivery Type
 Regions covered
Australia, China, India, Indonesia, Japan, South Korea, Thailand and rest of Asia-Pacific

 Companies CoveredAlibaba, Amazon.com, Inc., Carrefour, Costco Wholesale Corporation, Koninklijke Ahold Delhaize N.V., LuLu Hypermarket, Rakuten Group, Inc., Reliance Retail Ltd., Supermarket Grocery Supplies Private Limited. Target Brands, Inc., Tesco, Walmart Inc., Zomato, Others
COVID-19 Impact on Asia-Pacific Online Grocery Market
The COVID-19 epidemic had a major role in the Asia-Pacific region's online grocery shopping market boom by forcing consumers to switch to online platforms since it restricted their ability to visit physical stores. This led to investments in and an increase in the online presence of both pure-play and established merchants. For instance, Reliance Retail debuted JioMart food, Tata Group purchased BigBasket, and Flipkart debuted a 90-minute delivery service in India. A symbiotic relationship between online and offline shopping was created by retailers deliberately using their offline locations to increase their reach. This is anticipated to support the ongoing growth of the Asia-Pacific online grocery sector.

Key Target Audience:
  • Busy Professionals
  • Elderly or Disabled Individuals
  • Price-Conscious Shoppers
  • Subscription-Based Customers
  • Urban Dwellers
  • Others
Our in-depth analysis of the Asia-Pacific Online Grocery Market includes the following segments:
By Product Type:
  • Breakfast and Dairy
  • Fresh Produce
  • Meat and Seafood
  • Snacks and Beverages
  • Staples and Cooking Essentials
  • By Delivery Type:
  • Click and Collect
  • Home Delivery
  • By Region:
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • South Korea
  • Thailand
  • Rest of Asia-Pacific
  • Key Topics Covered in the Report:
    • Asia-Pacific Online Grocery Market Size (FY’2023-FY’2033)
    • Overview of Asia-Pacific Online Grocery Market
    • Segmentation of Asia-Pacific Online Grocery Market By Product Type (Breakfast and Dairy, Fresh Produce, Meat and Seafood, Snacks and Beverages, Staples and Cooking Essentials, Others)
    • Segmentation of Asia-Pacific Online Grocery Market By Delivery Type (Click and Collect, Home Delivery)
    • Statistical Snap of Asia-Pacific Online Grocery Market 
    • Expansion Analysis of Asia-Pacific Online Grocery Market 
    • Problems and Obstacles in Asia-Pacific Online Grocery Market
    • Competitive Landscape in the Asia-Pacific Online Grocery Market
    • Impact of COVID-19 and Demonetization on Asia-Pacific Online Grocery Market 
    • Details on Current Investment in Asia-Pacific Online Grocery Market
    • Competitive Analysis of Asia-Pacific Online Grocery Market 
    • Prominent Players in the Asia-Pacific Online Grocery Market 
    • SWOT Analysis of Asia-Pacific Online Grocery Market 
    • Asia-Pacific Online Grocery Market Future Outlook and Projections (FY’2023-FY’2033)
    • Recommendations from Analyst
    1. Introduction
    1.1. Scope of the report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Asia-Pacific Online Grocery Market 

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Asia-Pacific Online Grocery Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia-Pacific Online Grocery Market 

    7. Asia-Pacific Online Grocery Market, By Product Type (USD Million)
    7.1. Asia-Pacific Online Grocery Market Value Share and Forecast, By Product Type, 2023-2033
    7.2. Breakfast and Dairy
    7.3. Fresh Produce
    7.4. Meat and Seafood
    7.5. Snacks and Beverages
    7.6. Staples and Cooking Essentials
    7.7. Others

    8. Asia-Pacific Online Grocery Market, By Delivery Type (USD Million)
    8.1. Asia-Pacific Online Grocery Market Value Share and Forecast, By Delivery Type, 2023-2033
    8.2. Click and Collect
    8.3. Home Delivery

    9. Asia-Pacific Online Grocery Market Forecast, 2019-2033 (USD Million)
    9.1. Asia-Pacific Online Grocery Market Size and Market Share

    10. Asia-Pacific Online Grocery Market, By Product Type, 2019-2033 (USD Million)
    10.1. Asia-Pacific Online Grocery Market Size and Market Share By Product Type (2019-2026)
    10.2. Asia-Pacific Online Grocery Market Size and Market Share By Product Type (2027-2033)

    11. Asia-Pacific Online Grocery Market, By Delivery Type, 2019-2033 (USD Million)
    11.1. Asia-Pacific Online Grocery Market Size and Market Share By Delivery Type (2019-2026)
    11.2. Asia-Pacific Online Grocery Market Size and Market Share By Delivery Type (2027-2033)

    12. Asia-Pacific Online Grocery Market, By Region, 2019-2033 (USD Million)
    12.1. Asia-Pacific Online Grocery Market Size and Market Share By Region (2019-2026)
    12.2. Asia-Pacific Online Grocery Market Size and Market Share By Region (2027-2033)
    12.3. Australia
    12.4. China
    12.5. India
    12.6. Indonesia
    12.7. Japan
    12.8. South Korea
    12.9. Thailand
    12.10. Rest of Asia-Pacific

    13. Company Profile
    13.1. Alibaba
    13.1.1. Company details
    13.1.2. Financial outlook
    13.1.3. Product summary 
    13.1.4. Recent developments
    13.2. Amazon.com, Inc.
    13.2.1. Company details
    13.2.2. Financial outlook
    13.2.3. Product summary 
    13.2.4. Recent developments
    13.3. Carrefour
    13.3.1. Company details
    13.3.2. Financial outlook
    13.3.3. Product summary 
    13.3.4. Recent developments
    13.4. Costco Wholesale Corporation
    13.4.1. Company details
    13.4.2. Financial outlook
    13.4.3. Product summary 
    13.4.4. Recent developments
    13.5. Koninklijke Ahold Delhaize N.V.
    13.5.1. Company details
    13.5.2. Financial outlook
    13.5.3. Product summary 
    13.5.4. Recent developments
    13.6. LuLu Hypermarket
    13.6.1. Company details
    13.6.2. Financial outlook
    13.6.3. Product summary 
    13.6.4. Recent developments
    13.7. Rakuten Group, Inc.
    13.7.1. Company details
    13.7.2. Financial outlook
    13.7.3. Product summary 
    13.7.4. Recent developments
    13.8. Reliance Retail Ltd
    13.8.1. Company details
    13.8.2. Financial outlook
    13.8.3. Product summary 
    13.8.4. Recent developments
    13.9. Supermarket Grocery Supplies Private Limited
    13.9.1. Company details
    13.9.2. Financial outlook
    13.9.3. Product summary 
    13.9.4. Recent developments
    13.10. Target Brands, Inc.
    13.10.1. Company details
    13.10.2. Financial outlook
    13.10.3. Product summary 
    13.10.4. Recent developments
    13.11. Tesco
    13.11.1. Company details
    13.11.2. Financial outlook
    13.11.3. Product summary 
    13.11.4. Recent developments
    13.12. Walmart Inc.
    13.12.1. Company details
    13.12.2. Financial outlook
    13.12.3. Product summary 
    13.12.4. Recent developments
    13.13. Zomato
    13.13.1. Company details
    13.13.2. Financial outlook
    13.13.3. Product summary 
    13.13.4. Recent developments
    13.14. Others 
     
    14. List of Abbreviations

    15. Reference Links

    16. Conclusion

    17. Research Scope

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Asia-Pacific Online Grocery Market is projected to reach USD XX Billion by 2033, growing at a CAGR of 15.2% during the forecast period.
    Asia-Pacific Online Grocery Market grew in market size from 2023. The Market is expected to reach USD XX Billion by 2033, at a CAGR of 15.2% during the forecast period.
    Asia-Pacific Online Grocery Market CAGR of 15.2% during the forecast period.
    Asia-Pacific Online Grocery Market size is USD XX Billion from 2023 to 2033.
    Asia-Pacific Online Grocery Market Segment is Covered By Product Type, By Delivery Type
    The Asia Pacific region is anticipated to have the highest market share in Asia-Pacific Online Grocery Market.
    The key players in the market include Companies Covered Alibaba, Amazon.com, Inc., Carrefour, Costco Wholesale Corporation, Koninklijke Ahold Delhaize N.V., LuLu Hypermarket, Rakuten Group, Inc., Reliance Retail Ltd., Supermarket Grocery Supplies Private Limited. Target Brands, Inc., Tesco, Walmart Inc., Zomato, Others
    Customers switched to ordering their groceries online because of these aspects' convenience. With only a click of the mouse, you may have fresh and packaged foods including meat, fish, cereals, fruits and veggies, dairy, cereals, snacks, and more delivered to your doorstep.
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