Online Grocery Market - UAE
Market Statistics
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 2.7 Billion
Market Size in 2032: USD 15.4 Billion
Market Growth Rate (CAGR) 2024-2032: 21.60%
According to IMARC Group's report titled "UAE Online Grocery Market Report and Forecast 2024-2032," the market reached USD 2.7 billion in 2023. Looking forward, IMARC Group expects the market to reach USD 15.4 billion by 2032, exhibiting a growth rate (CAGR) of 21.60% during 2024-2032. The market is expanding rapidly, driven by increasing digital adoption, convenience, and consumer preference for online shopping.
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UAE Online Grocery Market Trends and Drivers:
- Significant Growth: The UAE online grocery market is experiencing rapid growth due to shifting consumer behaviors and the increasing popularity of e-commerce.
- Transformation of Shopping: Digital platforms have revolutionized grocery shopping, a trend accelerated by the COVID-19 pandemic, leading many consumers to prefer online channels for essential items.
- Retailer Adaptation: Both local and international retailers are enhancing their online presence and logistics capabilities to meet rising demand, supported by widespread smartphone usage and strong internet infrastructure.
- Improved Shopping Experience: User-friendly apps and secure payment systems are enhancing the efficiency of online grocery shopping.
- Personalization Trends: There is a growing demand for personalized shopping experiences and an increasing preference for fresh, organic, and healthy products.
- Data Utilization: Retailers are leveraging data analytics and AI to provide customized recommendations and create seamless shopping experiences.
- Fast Delivery Options: Fast delivery services, including same-day or express options, are becoming standard as consumers prioritize speed and convenience.
- Sustainability Awareness: Rising consumer awareness of environmental issues is driving a shift toward sustainable packaging and eco-friendly delivery solutions.
- Future Growth: With ongoing technological advancements and changing consumer preferences, the UAE online grocery market is set for continued growth in the coming years.
UAE Online Grocery Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest online grocery market share in UAE. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Product Type Insights:
- Vegetables and Fruits
- Dairy Products
- Staples and Cooking Essentials
- SnacksMeat and Seafood
- Others
Business Model Insights:
- Pure Marketplace
- Hybrid Marketplace
- Others
Platform Insights:
- Web-based
- App-based
Purchase Type Insights:
- One-Time
- Subscription
Regional Insights:
- Dubai
- Abu Dhabi
- Sharjah
- Others
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Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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