UAE Online Grocery Market Expected to Grow at a CAGR of 21.60% during 2024-2032

UAE Online Grocery Market

UAE Online Grocery Market Overview

Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 21.60% (2024-2032)

The UAE online grocery market is rapidly growing, driven by digital adoption, convenience, and increased demand for home delivery services. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 21.60% from 2024 to 2032.

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UAE Online Grocery Market Trends and Drivers:

The rising internet penetration, a tech-savvy population, as well as the convenience of e-commerce, are the factors contributing to the expansion of the UAE online grocery market. Additionally, the market is propelling as consumers have become more comfortable with purchasing groceries from the safety of their homes. This change in consumer behavior has prompted traditional grocery retailers to enhance their online presence and invest in digital platforms. Furthermore, high smartphone usage and widespread access to high-speed internet have promoted the growth of online grocery shopping, making it simple for consumers to order products with just a few clicks contributing to the expansion of the market.

The competitive landscape of the UAE online grocery market has been invigorated by the entry of new competitors and the expansion of existing ones. In addition to this, companies like Carrefour, Spinneys, and Lulu Hypermarket have significantly upgraded their online platforms to provide a seamless shopping experience, including same-day delivery and a wide range of product selections. The use of smart technologies, such as artificial intelligence with machine learning, has further enhanced the customer experience by offering personalized recommendations and efficient delivery logistics. Moreover, the support by government authorities for digital transformation and smart city initiatives has created a beneficial environment for the growth of the online grocery sector. Apart from this, as technological literacy and internet penetration continue to rise, the market is poised for sustained growth, reshaping the future of retail, which is anticipated to drive the UAE online grocery market over the forecasted period.

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
  • Snacks
  • Meat 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

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=23496&flag=C

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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 leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

 

UAE Online Grocery Market Expected to Grow at a CAGR of 21.60% during 2024-2032ultima modifica: 2024-08-12T13:07:32+02:00da Jackdanial

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