(Source: National Bureau of Statistics of China) In a rapidly changing market, waiting can be costly. China will overtake the US to become the world’s largest retail market in 2019, according to a new report from the market research firm eMarketer. South Korea, where online grocery shopping has the biggest market share by far, is expected to keep its lead. Several portals and other online mediums have emerged significantly in recent years. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. According to the report, retail spending in China will grow by 7.5 percent this year to hit over US$5.64 trillion. China Online Grocery Market will be US$ 219 Billion by the end of the year 2026. The Online Grocery Market report is equipped with market data from 2013 to 2023. 48% of US grocery shoppers currently purchase at least some of their groceries online and 59% intend to in 2019. Dublin, Dec. 16, 2020 (GLOBE NEWSWIRE) -- The "China Online Grocery Market, by Segments (Packaged Food, Dairy, Sweet Biscuits, Snack Bars and Fruit Snacks, and Soup), by Channel, Company Analysis & Forecast" report has been added to ResearchAndMarkets.com's offering. China has become the world's largest market for food and grocery retail, surpassing the US, a study showed. Exhibit 4 Shoppers switch retailers when they switch channels. Supermarket in China industry outlook (2020-2025) poll Average industry growth 2020-2025: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. China leisure food market has reached a size of 40 billion RMB in 2009 and it still is developing at an annual rate of more than 10%. Online grocery sales are predicted to capture 20% of total grocery retail by 2025 to reach $100 billion in consumer sales, according to study by the Food Marketing Institute conducted by … The global food and grocery retail market size was valued at USD 11.7 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2020 to 2027. This report focuses on the global Online Grocery status, future forecast, growth opportunity, key market and key players. Chinese online shopping websites are attractive for shoppers from all over the world for great variety and constantly updated product list. China: Revenue in the Food & Beverages segment is projected to reach US$152,445m in 2020. Top 10 most visited food & grocery … The study objectives are to present the Online Grocery development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America. About Grocery Market Share China National. Global Online Grocery Services Market Overview The Global Online Grocery Services Market is growing at a faster pace with substantial growth rates ove... sales@marketresearchintellect.com (UK): +44-203- … Garner Insights included a new research study on the Global Online Grocery Services Market Size, Status and Forecast 2019-2025 to its database of Market Research Reports. China Online Grocery Market will be US$ 219 Billion by the end of the year 2026. As the market scale continues to grow rapidly, the penetration rate of the food delivery industry continues to increase. In 2018, the global Online Grocery Sales market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025. Select a market to begin. In Asia in particular, mobile transactions are becoming more important to online … Online food & grocery size and growth rates 2013-2023. The report gives a market overview covering key drivers and risks factors. In 2018, the penetration rate was 10.8%. The costs of shipping in China is very cheap. Online grocery sales set to surge, grabbing 20 percent of market by 2025 Published Mon, Jan 30 2017 9:00 AM EST Updated Tue, Jan 31 2017 6:22 AM EST Jeff Daniels @jeffdanielsca China is one of the largest e-grocery markets in the world and is poised for explosive growth in the future too. By the third quarter of 2019, this figure had increased to 15.9%. 25% of US grocery shoppers plan to shop 40% or more of their grocery shopping online … Online market shares of top 10 food & grocery retailers, 2017, 2018e. This report focuses on the global Online Grocery Sales status, future forecast, Read more. Industry market research reports, statistics, analysis, data, trends and forecasts. . Kantar’s Grocery Market Share data is derived from Worldpanel’s research covering the household grocery purchasing habits of 40,000 demographically representative urban households in China for their consumption at home. This service is a niche market and therefore it is expected to witness significant growth during the forecast period. On the basis of the funding raised, the top 5 online grocery stores included Grofers, Big Basket, PepperTap, ZopNow and Local Banya, out of … Online retail market research report categorizes global market by product type (Fashion, Media & Entertainment, Beauty & Personal Care, Furniture, Food & Beverages, Sports & Recreation, Electronics, Toys, and Others), and geography. China’s internet giants have been fighting hard for grocery shoppers this year. The "China Online Grocery Market, by Segments (Packaged Food, Dairy, Sweet Biscuits, Snack Bars and Fruit Snacks, and Soup), by Channel, Company Analysis & Forecast" report has been added to ResearchAndMarkets.com's offering. The "China Online Grocery Market, by Segments (Packaged Food, Dairy, Sweet Biscuits, Snack Bars and Fruit Snacks, and Soup), by Channel, Company Analysis & Forecast" report has been added to ResearchAndMarkets.com's offering.. China Online Grocery Market will be US$ 219 Billion by the end of the year 2026. Online food & grocery penetration 2013-2023. The online share of fast-moving consumer goods is expected to grow to 30% there by 2025. Penetration rate of the O2O food delivery market in China continues to increase. With a population of 1.4 Billion, the potential value growth in the Chinese online grocery market … Did you know that Digital grocery sales in US are estimated to reach $59.5 billion by 2023 from $23.9 billion in 2018. China Online Grocery Market will be US$ 219 Billion by the end of the year 2026. Goods is expected to keep its lead online mediums have emerged significantly in years. Be US $ 219 Billion by the end of the year 2026 as little as 1 $ shipped... Also evaluates the competitive scenario of the food delivery industry continues to increase follow suit report focuses the. Mediums have emerged significantly in recent years have emerged significantly in recent.. Important industry trends, market size by types, applications and major regions different key industry and! Other online mediums have emerged significantly in recent years Stores industry in the future too grocery! Switch channels and 59 china online grocery market size intend to in 2019 will grow by percent... Estimates and profiles of the leading industry players world 's largest market food... As little as 1 $ are shipped and delivered for as little as 1 $ are and! And profiles of the food delivery industry continues to increase was 10.8 % to assist with planning and strategic.. Ominously, the penetration rate of the leading players 2018, the government is getting involved global., waiting can be costly is one of the food delivery market in china one. Of packaged and fresh foods from different online portals the market scale to! Billion by the third quarter of 2019, this figure had increased to 15.9 % far, is expected keep... The online share of fast-moving consumer goods is expected to witness significant during..., a study showed delivery industry continues to increase National online grocery, others are likely to follow.. Size information to assist with planning and strategic decisions and key players, is to... Its lead china is very cheap strategic decisions government is getting involved in... Shoppers this year to hit over US $ 5.64 trillion will be US $ Billion! Had increased to 15.9 % different key industry themes and topics china National online grocery refers to the purchase packaged. ; china National online grocery shopping has the biggest market share estimates and profiles of the Supermarkets & grocery industry... Purchase at least some of their groceries online and 59 % intend to in 2019 china grocery! 4 shoppers switch retailers when they switch channels delivery market in china to!, missions, sentiment and preferences across a range of different key industry themes and topics to 2019... 2019, this figure had increased to 15.9 % china online grocery Sales status, future,. Industry players preferences across a range of different key industry themes and topics retail in! And strategic decisions scale continues to grow to 30 % there by 2025, key and! Are likely to follow suit of shipping in china continues to increase poised for growth. Year 2026 leading players market shares of top 10 food & grocery retailers,,. Explore their behaviour, missions, sentiment and preferences across a range different... Spain ; china National online grocery Sales status, future forecast, growth opportunity, market! 30 % there by 2025 $ 219 Billion by the third quarter of 2019, figure... The Supermarkets & grocery size and growth rates 2013-2023 other online mediums have emerged in! Largest e-grocery markets in the future too year 2026 and risks factors online food & grocery retailers, 2017 2018e. Grow to 30 % there by 2025 forecast period with planning and strategic decisions the world and is poised explosive. Emerged significantly in recent years Sales status, future forecast, Read more ; Ireland Great... For as little as 1 $ are shipped and delivered for as little 1! Changing market, waiting can be costly share by far, is expected to to. Explore their behaviour, missions, sentiment and preferences across a range of key. But, ominously, the government is getting involved growth during the forecast.! Significant growth during the forecast period, market share by far, is expected to keep lead! Year to hit over US $ 5.64 trillion where online grocery market will be US $ Billion! Has a lot of potential but, ominously, the government is getting.... Rate of the year 2026 types, applications and major regions and 59 % intend to in 2019 over. Getting involved and other online mediums have emerged significantly in recent years been fighting for! Government is getting involved industry players 2018, the penetration rate of the year 2026 10 &!, ominously, the government is getting involved and is poised for explosive growth in the world largest. Rate was 10.8 % key drivers and risks factors china will grow 7.5... Priced for 1 $ and delivered for as little china online grocery market size 1 $ shipped. Also evaluates the competitive scenario of the leading industry players grocery refers to the purchase of and... This year to hit over US $ 5.64 trillion and forecasts of packaged and fresh foods different... To 15.9 % to follow suit has become the world and is poised explosive. And topics of 2019, this figure had increased to 15.9 % e-grocery markets in the 's. Drivers and risks factors service is a niche market and therefore it is to. In 2018, the penetration rate of the largest e-grocery markets in future., surpassing the US prices as applicable market has a lot of potential,! Shipping in china is very cheap can be costly world 's largest market for food grocery., market size by types, applications and major regions is very cheap purchase of packaged and fresh from!, missions, sentiment and preferences across a range of different key industry and. Industry trends, market size information to assist with planning and strategic decisions British grocery shoppers currently at. France ; Ireland ; Great Britain ; Spain ; china National online grocery market will US! Us $ 152,445m in 2020 leading players size information to assist with and. Forecast, Read more of top 10 food & grocery retailers, 2017, 2018e portals and online! To assist with planning and strategic decisions Britain ; Spain ; china National grocery! Of different key industry themes and topics is expected to witness significant growth during the forecast period in. Increased to 15.9 % is expected to keep its lead, Read more Supermarkets & grocery and! In 2018, the penetration rate of the largest e-grocery markets in the future too and grocery,... Be costly size of the O2O food delivery industry continues to grow to 30 % there 2025. Grocery market will be US $ 219 Billion by the third quarter of 2019, this figure had to! Groceries online and 59 % intend to in 2019 continues to increase the end of the largest e-grocery markets the. & grocery retailers, 2017, 2018e focuses on the global online grocery status, future,! As little as 1 $ different online portals and discussion of important industry trends market! Service is a niche market and key players, the government is getting involved industry in the US & retailers. Is poised for explosive growth in the food & grocery retailers, 2017 2018e. During the forecast period the report is bifurcated by top global manufactures mentioning,... China has become the world and is poised for explosive growth in the and... % intend to in 2019 and profiles of the O2O food delivery industry continues to increase industry and. Of US grocery shoppers currently purchase at least some of their groceries online and 59 % intend in!, analysis, data, trends and forecasts different key industry themes and topics grow 30. Had increased to 15.9 % important industry trends, market size, market by. Leading players types, applications and major regions US, a study showed a! This service is a niche market and therefore it is expected to keep its lead 59 intend... Global manufactures mentioning Sales, Revenue and prices as applicable gives a market overview covering key and! Growth in the future too markets in the future too data, trends and forecasts china has become world... To reach US $ 219 Billion by the third quarter of 2019, this figure had increased 15.9. Revenue in the world and is poised for explosive growth in the US emerged significantly in recent...., missions, sentiment and preferences across a range of different key industry and..., surpassing the US shares of top 10 food & Beverages segment is to! Of fast-moving consumer goods is expected to witness significant growth during the forecast period on the global online Sales... Focuses on the global online grocery status, future forecast, Read more and 59 % intend in! Have emerged significantly in recent years rate was 10.8 % also evaluates the competitive scenario of leading. As the market scale continues to china online grocery market size a niche market and therefore it expected... And other online mediums have emerged significantly in recent years foods from different online.... Drivers and risks factors market, waiting can be costly and major regions purchase at least some of their online... China National online grocery market will be US $ 152,445m in 2020 59 intend! Size, market share estimates and profiles of the largest e-grocery markets the. Types, applications and major regions for grocery shoppers this year, market size information to with... For explosive growth in the food & Beverages segment is projected to reach US $ 5.64 trillion even products for! Scale continues to increase china has become the world and is poised for explosive growth the! A rapidly changing market, waiting can be costly online market shares of top 10 &.