Saudi Arabia Online Grocery Delivery Markets, Analysis, Competition, Forecast & Opportunities, 2017-2021 & 2022-2027
DUBLIN, May 23, 2022 /PRNewswire/ -- The "Saudi Arabia Online Grocery Delivery Market, By Product Category (Fresh Foods, Household Products, Packaged Foods & Beverages, Personal Care, Others), By Platform, By Mode of Payment, By Region, Competition, Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
Saudi Arabia online grocery delivery market is anticipated to grow at a formidable rate during the forecast period with growth attributed to the entry of new online grocery platforms and a shift in consumer purchasing behavior.
Online grocery retailers provide consumers the flexibility to order items from home anywhere and anytime and get their groceries delivered at home without any hassle.
The online grocery segment is projected to outpace the rest of the e-retail sectors in Saudi Arabia over the next years as customers are increasingly turning to online grocery channels and 80% of shoppers continue to make repeated grocery purchases.
The quick commerce players are disrupting the Saudi Arabia online grocery market, generating high order volumes as they have offered a wide variety of products at competitive prices and improved customer shopping experience by way of delivery experience.
The growing availability of various high-quality products on the online platforms where consumers can even compare quantity, prices, and quality of offered items are driving the growth of Saudi Arabia online grocery market. Moreover, easier user interface applications, round-the-clock services, and exciting offers by the online grocery channels are further supporting the growth of Saudi Arabia online grocery market.
Due to busy lifestyles, people are relying on online grocery platforms to fulfill their grocery requirements. The fresh food segment is expected to hold a significant share in Saudi Arabia's online grocerymarket due to the increased availability of fresh meat, fruits, vegetables, etc., to consumers on account of multiple market players entering into delivering fresh produce.
Nana Direct, Quix, Khodar & More, Lulu Hypermarket KSA, Noon, Talabat, Haseel, Shgardi, Jumlaty, Qava Shop, Freshvery, Mandarine, Suqiakum, ZAD, Qareeb Technology FZ-LLC are some of the major market players in the Saudi Arabia online grocery market.
The key players are focused on enhancing their value proposition of quick delivery and convenience to achieve a significant share in the Saudi Arabia online grocery delivery market.
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