The latest report by IMARC Group, titled “GCC Online Grocery Market Report by Product Type (Vegetables and Fruits, Dairy Products, Staples and Cooking Essentials, Snacks, Meat and Seafood, and Others), Business Model (Pure Marketplace, Hybrid Marketplace, and Others), Platform (Web-Based, App-Based), Purchase Type (One-Time, Subscription), and Country 2025-2033,” finds that the GCC online grocery market size reached USD 7,423.6 Million in 2024. Online grocery stores are various e-commerce-based web and mobile applications that are used to purchase food and other necessary household products over the internet. These platforms offer flexible payment options and enable the users to track the delivery process, select different delivery slots, and access a wide range of products. It also provides the advantages of express delivery options, accessible payment gateways, cashback, and attractive discounts. Owing to these benefits, online grocery platforms are gaining traction, especially among the millennial population of the GCC region.
GCC Online Grocery Market Trends:
The market is primarily driven by the boosting sales of smartphones and smart devices in the GCC region. Due to the growing internet penetration, individuals across the region are becoming more tech-savvy. Besides this, the increasing working population and hectic lifestyles of individuals are contributing to the market growth. In addition, the market is also propelled by the growing influence of social media platforms such as Instagram and Facebook. Nowadays, individuals spend a considerable amount of time on these websites on a daily basis, due to which various key players are investing in celebrity endorsements and online marketing strategies to strengthen their market foothold. Moreover, with the sudden outbreak of the coronavirus (COVID-19) pandemic, consumers are widely adopting online grocery shopping as these platforms offer contactless delivery of essential products and convenient digital payment methods to minimize the spread of the disease. On account of these factors, the market is expected to witness positive growth in the upcoming years. Looking forward, the market value is projected to reach USD USD 53,640.5 Million by 2033, expanding at a CAGR of 23.35% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Segment Coverage | Product Type, Business Model, Platform, Purchase Type, Country |
Countries Covered | Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | 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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