UAE Online Grocery Market Research Report 2024-2032, Industry Growth, Share, Size and Forecast
UAE Online Grocery Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 2.7 Billion
Market Size in 2032: USD 15.4 Billion
Market Growth Rate (CAGR) 2024-2032: 21.60%
According to IMARC Group’s report titled “UAE Online Grocery Market Report and Forecast 2024-2032,” the market reached USD 2.7 billion in 2023. Looking forward, IMARC Group expects the market to reach USD 15.4 billion by 2032, exhibiting a growth rate (CAGR) of 21.60% during 2024-2032.
UAE Online Grocery Market Trends and Drivers:
The online grocery market in UAE is witnessing significant growth, driven by shifting consumer behaviors and the increasing popularity of e-commerce. Digital platforms have transformed grocery shopping, a trend accelerated by the COVID-19 pandemic, which led many consumers to opt for online channels for their essential items. Both local and international retailers are enhancing their online presence and logistics capabilities to cater to this rising demand, supported by widespread smartphone usage and a strong internet infrastructure. User-friendly apps and secure payment systems are enhancing the efficiency of the online grocery shopping experience.
Key trends shaping the market include a growing demand for personalized shopping experiences and an increasing preference for fresh, organic, and healthy products. Retailers are utilizing data analytics and AI to offer customized recommendations and create seamless shopping journeys. Fast delivery options, such as same-day or express services, are becoming commonplace as consumers emphasize speed and convenience. Furthermore, the rising awareness of environmental issues among consumers is prompting a shift toward sustainable packaging and eco-friendly delivery solutions. With ongoing technological advancements and evolving consumer preferences, the UAE online grocery market is poised for continued growth in the years ahead.
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UAE Online Grocery Industry Segmentation:
The report has segmented the market into the following categories:
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
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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 global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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