The global online grocery market is expected to exhibit a CAGR of 22.10% during the forecast period (2022-2027). As per the analysis by IMARC Group, the top online grocery companies are increasingly focusing on integrating artificial intelligence (AI), the Internet of Things (IoT), Big Data, predictive analytics, and deep learning to provide a hassle-free shopping experience to the customers. Moreover, several brands use e-commerce platforms to provide express delivery options, accessible payment gateways, cashback, and discounted offers, thereby fueling the market growth. Besides this, leading manufacturers are emphasizing aggressive promotional strategies, such as celebrity endorsements, to promote the use of online grocery platforms. Furthermore, the outbreak of coronavirus disease (COVID-19) pandemic has created opportunities for key companies to introduce a wide range of grocery items, accompanied by contactless and scheduled delivery options.
Request Free Sample Report: https://www.imarcgroup.com/online-grocery-market/requestsample
List of Larget Online Grocery Companies Worldwide:
Headquarter: Washington, the United States
Amazon offers a wide range selection of grocery shopping through its online stores such as Amazon Pantry and Fresh online. It offers customers unbeatable savings, a wide selection of products, and a fast and convenient delivery option in one single online destination. The platform also provides an upgraded shopping experience with a dedicated app-in-app for grocery, along with convenient features like personalized widgets and reminders to ensure that frequently shopped items are left out during the process of checkout.
Carrefour Hypermarches (Carrefour)
Headquarter: Massy, France
Carrefour Hypermarches is a French multinational company with over 12,000 stores and an online shopping website that is unique to each country. Its mission is to provide customers with quality services, products, and food accessible to all across all distribution channels. Moreover, Carrefour aims to triple its e-commerce GMV (Gross Merchandise Value) by 2026, to reach €10bn.
Costco Wholesale Corporation
Headquarter: Washington, United States
Costco Wholesale Corporation is a multinational corporation that operates a chain of membership-only big-box retail stores. It typically carries supermarket items and an ever-changing selection of other merchandise, including some luxury goods. It is one of the largest retailers that offer prime beef, organic food, rotisserie chicken, and wine, along with a wide variety of grocery products. Furthermore, the organization launched same-day and two-day grocery delivery options for its members in 2017.
Edeka Zentrale AG & Co. Kg
Headquarter: Hamburg, Germany
Edeka Zentrale AG & Co. Kg is an operator of supermarkets, hypermarkets, discount stores and cash-and-carry stores. The product portfolio of the company comprises fruit and vegetables, meat, sausage, cheese, juices, frozen foods and fruits and vegetables. It also offers non-food products such as kitchen supplies, kitchen electronics, home textiles, detergents, and beauty care products. Moreover, it operates through directly managed retail outlets, independent retailers and Netto Marken- Discount stores.
Fresh Direct LLC
Headquarter: New York, United States
Fresh Direct is one of the leaders in online grocery delivery that specializes in fresh produce, pre-cooked food and grocery essentials delivered on the same or next day. It offers the best on-season picks, local goods, chef-prepared meals, and favorite brands to the customers’ homes or offices. Fresh Direct has partnered with renowned brands to deliver snacks, beverages, water, cereals, canned goods, and baking needs.
Headquarter: Jakarta, Indonesia
HappyFresh is a one-stop online grocery shopping portal in Southeast Asia that focuses on avoiding long queues, packed stores, and traffic jams. Its stores are located in major cities such as Jakarta, Bangkok, Kuala Lumpur, and others. It offers a personalized online grocery shopping experience by adding notes and chats with the personal shopper and rider for a seamless grocery experience. The portal also facilitates safe and secure cashless payments via card, e-wallets, and various other payment methods.
Koninklijke Ahold Delhaize N.V.
Headquarter: Zaandam, Netherlands
Ahold Delhaize was formed in July 2016 from the merger of Ahold and Delhaize Group, retail innovators for almost 150 years. It is one of the largest food retail groups in the world. It is a leader in supermarkets and e-commerce and a company at the forefront of sustainable retailing. The brand is known to serve more than 54 million shoppers each week in the United States, Europe, and Indonesia. Moreover, it shares a passion for delivering great food, value, and innovations, and for creating inclusive workplaces that provide rewarding professional opportunities.
Reliance Retail Limited (Reliance Industries Limited)
Headquarter: Mumbai, India
Reliance Retail Limited is a company based in India, that launched its online shopping platform, JioMart in 2020, across more than 200 cities and towns across the country. It is a multicategory online shopping platform that offers a wide range of groceries as well as daily wear fashion. Moreover, the platform offers the convenience of shopping from home, with great savings, free home delivery, and no minimum order values.
Safeway Inc. (Albertsons Investor Holdings LLC)
Headquarter: California, the United States
Safeyway online store offers the convenience of ordering groceries online that is delivered to the location of choice. Today, Safeway operates as a banner of Albertsons Companies, one of the largest food and drug retailers in the United States. With both a strong local presence and national scale, the company operates stores across 35 states and the District of Columbia under 20 well-known banners. It also offers U rewards and coupons to its customers to save money on groceries.
Schwan Food Company
Headquarter: Minnesota, United States
The Minnesota-based food company is a highly successful frozen food company that delivers grocery needs from their range of over 300 high-quality frozen foods. It is constantly evolving with the changing time to keep in pace with its customers and provide them with a personalized yet unique experience. In recent years, the company has been trying to simplify its ingredients by going preservative-free, which is an ongoing trend across the globe.
Shopfoodex Co Inc.
Headquarter: Virginia, the United States
The company offers a premium online grocery shopping service that has been shipping groceries throughout the United States. It meticulously hand-packaged each order using pristine new boxes, ample cushioning, and double-walled boxes to prevent leakage or breakage. Shopfoodex offers old-school quality control standards and over 15,000 grocery items on their website, which is growing every day.
Headquarter: Welwyn Garden City, the United Kingdom
Tesco, a leading multinational retailer with more than 360,000 colleagues, facilitates the online grocery shopping experience across the United Kingdom. It is the first company to serve more than one million online grocery orders in the region. Furthermore, the company is working toward ensuring accurate delivery time updates by enabling customers to sign in to the home page ahead of their delivery slot , which helps keep track of their delivery.
The Kroger Company
Headquarter: Ohio, United States
The Kroger Co. offers its customers access to fresh, affordable, and delicious food, irrespective of shopping habits and food preferences. It is committed to providing fresh food products to its customers through its online shopping platform. Today, Kroger has partnered with Nuro (Robotics), ClusterTruck (food delivery systems), Microsoft, and Ocado (a world leader in grocery e-commerce technology) to help optimize anything, anytime, anywhere customer experience.
Headquarter: Arkansas, United States
Walmart Inc. makes use of artificial intelligence to help both customers and personal shoppers in their online grocery shopping. Its website facilitates a unique shopping experience by choosing the best substitute for an out-of-stock item. The technology utilizes deep learning AI to consider hundreds of variable-sizes, types, brands, prices, aggregate shopper data, individual customer preferences, current inventory, and others.
Wm Morrison Supermarkets PLC
Headquarter: Bradford, United Kingdom
The company offers door-to-door delivery with convenient one-hour slots and new low prices. The company offers food and groceries, much of which it sources and processes through its fully own manufacturing facilities. Recently, it has introduced a new dedicated telesales shopping service aimed specifically at helping vulnerable and elderly people get their groceries on time.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the online grocery industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:
- Market Research
- Plant setup
- Plant Expansion
- Marketing and sales
- Procurement and Distribution
- Innovation and Product Development