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Written by Rahul Singh » Updated on: November 13th, 2024
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:
A combination of factors, like increasing consumer need for convenience, high smartphone use, as well as advancing digital infrastructure, are responsible for the growth of the online grocery market in UAE. Additionally, the market is propelling as consumers seek safer, contactless options, leading to a surge in grocery app downloads and online orders. Major players such as Carrefour, Lulu, and Amazon UAE have since expanded their online offerings, providing a broad variety of items from fresh produce to household essentials. These platforms offer flexible delivery options and competitive pricing, making online grocery shopping a popular choice for both busy urban residents and families across the UAE. Furthermore, the government’s support for digital transformation is enhancing the growth of e-commerce, providing a favorable environment for the online grocery market.
A key trend shaping the UAE online grocery market is the focus on personalized shopping experiences and sustainability. Many platforms are utilizing AI-driven recommendations to offer customized shopping experiences, showing products based on customers' previous purchases and preferences. Moreover, the demand for organic, locally sourced, and sustainable products is rising as consumers become more health- and eco-conscious. The rise of rapid-delivery services, or “dark stores,” which are small fulfillment centers dedicated to quick delivery within specific areas, is also boosting market growth by offering faster, on-demand delivery times. The ongoing advancements in digital infrastructure, an expanding range of product offerings, along with a focus on customer experience with sustainability are anticipated to drive the UAE online grocery market in the coming years, adapting to meet the evolving needs of tech-savvy and health-conscious consumers.
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UAE Online Grocery Industry Segmentation:
The report has segmented the market into the following categories:
Product Type Insights:
Business Model Insights:
Platform Insights:
Purchase Type Insights:
Regional Insights:
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=23496&flag=C
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:
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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