Saudi Arabia online grocery delivery
market is projected to show robust growth with an impressive CAGR in the
forecast years, 2024-2028. The market growth attributes to the evolving online
shopping preferences of the consumer in recent years. Moreover, the
availability of multiple online resources and their up-to-mark delivery
services has strengthened the competition and driving the growth of the Saudi
Arabia online grocery delivery market in the upcoming five years. Moreover, the
availability of the various products and services on the online portals, as
well as the possibility of comparing the quantity, prices, and quality of the
products and services, is further aiding the growth of the Saudi Arabia online
grocery delivery market in the next five years. The historical years saw
budding online portals delivering only food items and major utility products,
in the recent trends, be it daily grocery, beauty and maintenance services,
etc. almost every possible demand is fulfilled through online delivery, the
factor is directly affecting the growth of the Saudi Arabia online grocery
delivery market in the forecast years until 2028. Online grocery delivery
service providers have made it easier and more convenient for consumers to
avoid physical payments, long queues for their product or service billing, and
the hassle of finding the most affordable prices. Sitting at home, consumers
can verify the quality and prices of their demanded product/ service and enjoy
the 24x7 delivery services. Furthermore, the advancements like free-home
delivery, easier user interface applications, round-the-clock delivery
services, and exciting offers are further aiding the growth of Saudi Arabia
online grocery delivery market.
The Saudi Arabia online grocery delivery
market is segmented by product category, platform, payment mode, regional
distribution, and competitional analysis. Based on product category, the market
is further bifurcated into fresh foods, household products, packaged foods
& beverages, personal care, and others. Packaged foods & beverages are
anticipated to dominate the market in the upcoming five years on account of a
surge in demand from the working population of the country. The busy lifestyle
and accessibility to convenience delivery are driving the growth of the market
in the next five years. Fresh foods are also expected to register significant
growth in the market on the backbone of the availability of fresh meat, fresh
vegetables, fresh fruits, etc., to the consumers. Multiple market players have
flooded the market claiming the farmer’s market fresh products frozen and
supplied with utmost care such that nutrient content of the food item is not
disrupted, thereby further adding to the growth of the Saudi Arabia online
grocery delivery market.
A partial list of market players in the
Saudi Arabia online grocery delivery market includes Nana Direct, Quix, Khodar
& More, Lulu Hypermarket KSA, Noon, Talabat, Haseel, Shgardi, Jumlaty, Qava
Shop, Freshvery, Mandarine, Suqiakum, ZAD, Qareeb Technology FZ-LLC, among
others. These market players hold larger shares of the market than the new
market players. With the evolving technology, it is appropriate to say that the
effective research and development of technologically advanced devices and
effective services would support the market growth and benefit the market
players as well as the consumers. New market players may focus on the research
and development to provide smart devices and smart services that satisfy the
consumer demand as well as benefits the market players in building their brand
value. Other competitive strategies include mergers & acquisitions and new
product developments.
Objective
of the Study:
- To
analyze the historical growth of the
market size of Saudi Arabia online grocery delivery market from 2018 to 2021.
- To
estimate and forecast the market size of Saudi Arabia online grocery
delivery market from 2022 to 2028 and growth rate until 2028.
- To classify and
forecast Saudi Arabia online grocery delivery market based on product
category, platform, payment mode, competitional landscape, and regional
distribution.
- To identify dominant region or segment in the Saudi Arabia online
grocery delivery market.
- To
identify drivers and challenges for Saudi Arabia online grocery delivery market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Saudi Arabia online grocery delivery market.
- To identify and analyze the profile
of leading players operating in Saudi Arabia online grocery delivery market.
- To identify key sustainable strategies adopted by market players in
Saudi Arabia online grocery delivery market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of service providers, suppliers, and distributors across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the service dealers, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market size of Saudi Arabia online grocery delivery market using a bottom-up approach,
wherein data for various end-user segments was recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key
Target Audience:
- Service providers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to online grocery
delivery
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as service
providers, suppliers, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
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Attribute
|
Details
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Base Year
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2022
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Historical Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F
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Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments covered
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·
Product Category
·
Platform
·
Mode of Payment
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Regional scope
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Western Region,
Northern and Central Region, Eastern Region, Southern Region
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|
Key companies profiled
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Nana Direct, Quix, Khodar & More, Lulu Hypermarket KSA,
Noon, Talabat, Haseel, Shgardi, Jumlaty, Qava Shop, Freshvery, Mandarine,
Suqiakum, ZAD, Qareeb Technology FZ-LLC
|
|
Customization scope
|
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
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Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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|
Delivery Format
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PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
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Report Scope:
In this report, Saudi Arabia online grocery delivery market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Saudi Arabia Online Grocery
Delivery Market, By Product Category:
o Fresh Foods
o Household Products
o Packaged Foods & Beverages
o Personal Care
o Others
- Saudi Arabia Online Grocery
Delivery Market, By Platform:
- Mobile Application
- Desktop Website
- Saudi Arabia Online Grocery
Delivery Market, By Mode of Payment:
- Pre Delivery Online Payment
- Card on Delivery
- Cash on Delivery
- Saudi Arabia Online Grocery
Delivery Market, By Region:
- Western
- Eastern
- Northern & Central
- Southern
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia online grocery delivery market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following customization
options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]