UAE Online Grocery Delivery Market
UAE Online Grocery Delivery Market Size Set to Expand at Significant CAGR of 6.38% to Reach USD 7.22 Billion by 2030
Published | 25 April 2024
UAE Online Grocery Delivery Market is flourishing because of the deepening internet penetration and smartphone use, busy lifestyles, and growing disposable income.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the UAE Online Grocery Delivery Market size at USD 5.18 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the UAE Online Grocery Delivery Market size to expand at a CAGR of 6.38% reaching a value of USD 7.22 billion by 2030. An increasing number of grocery delivery apps being released in the UAE as well as the growing ease of using online payment methods are significant growth drivers for the country’s Online Grocery Delivery Market. The COVID-19 pandemic compelled industry participants to introduce contactless delivery, which expanded the UAE Online Grocery Delivery Market.
Opportunity - Growing working population and lifestyle changes
The increasing working population, particularly the female workforce, is emerging as a major driving factor for the UAE Online Grocery Delivery Market. The time crunch among this demographic and the growing need for convenience are directly influencing the growing demand for online grocery delivery services in the country. Growing health awareness is also influencing the market growth with the rising demand for health foods through online platforms. According to a survey by Talabat, a local online delivery platform, in 2023, more than 12 million tons of fruits and vegetables were sold, accounting for the majority of orders placed.
Sample Request @ https://www.blueweaveconsulting.com/report/uae-online-grocery-delivery-market/report-sample
UAE Online Grocery Delivery Market
Segmental Coverage
UAE Online Grocery Delivery Market – By Mode of Payment
Based on mode of payment, the UAE Online Grocery Delivery Market is segmented into pre-delivery online payment, card on delivery, and cash on delivery. The pre-delivery online payment segment dominates the UAE Online Grocery Delivery Market. The convenience of online payments in real-time while shopping majorly contributes to the segment’s growth. Furthermore, COVID-19 pandemic prompted the shift of consumers from cash on delivery to pre-delivery online payment, as it allows contactless delivery and may prevent virus spread.
Competitive Landscape
Major players operating in the UAE Online Grocery Delivery Market include Carrefour, Lulu Hypermarket, Instashop, Kibsons, El Grocer, Amazon, Noon, Farmbox, Spinneys, and Choithrams.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the UAE Online Grocery Delivery Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the UAE Online Grocery Delivery Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
About Us
BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing qualitative and quantitative data to boost the performance of your business solutions. BlueWeave has built its reputation by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.
Contact Us:
BlueWeave Consulting & Research Pvt Ltd
+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662
Get Help
Related Report
Publish Date: April 2024
The deepening internet penetration and smartphone use, busy lifestyles, and growing disposable income are expected to boost the growth of UAE Online Grocery Delivery Market during the forecast period between 2024 and 2030.
Relevant Press Releases
- Vietnam Water Purifier Market Size Expands to Cross USD 942 Million by 2029
- Global Fan Market worth USD19.1 Bn in 2019 is further projected to reach USD 23.8 billion by 2026, growing at a CAGR of 4.2%
- Saudi Arabia Bath and Shower Products Market Expands at 9.2% CAGR to Cross USD 463 Million by 2030
- North America Household Water Treatment System Market Flourishing– Projected to Reach Worth USD 6,559.4 Million by 2027
- India E-commerce Market Size Booming at Double Digit CAGR of 11.38% to Surpass Whopping USD 303.1 Billion by 2030