The Europe online grocery market is expected to exhibit a CAGR of 16.5% during 2022-2027

SHERIDAN, WYOMING, UNITED STATES, May 16, 2022 /EINPresswire.com/ — Market Overview:

The latest report by IMARC Group, titled “Europe Online Grocery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the Europe online grocery market size. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The Europe online grocery market is expected to exhibit a CAGR of 16.5% during 2022-2027. Online grocery refers to the use of web-based shopping services to purchase food and other household essential products. It offers various fresh and packaged products as well as cooking essentials, including dairy goods, fruits, vegetables, frozen food, meat, beverages, etc. Online grocery also provides quick delivery, payment gateway accessibility, cashback, special offers, etc. As a result, online groceries are gaining popularity across Europe.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Important Attribute and highlights of the Report:

• Detailed analysis of the market share
• Market Segmentation
• Historical, current, and projected size of the market in terms of volume and value
• Latest industry trends and developments
• Competitive Landscape
• Strategies of major players and product offerings

Market Trends and Drivers:

At present times, the key players in Europe are focusing on extending their existing consumer base. Furthermore, significant investments are driving the online grocery market across the region. Moreover, the increasing influence of various social media platforms, such as Instagram, Facebook, Twitter, etc., provides interaction between manufacturers and potential consumers, which is propelling the market. Besides this, the growing integration of online grocery platforms with numerous advanced technologies, including artificial intelligence (AI), Internet of Things (IoT), and Big Data, is further augmenting the market growth. Apart from this, due to the sudden outbreak of COVID-19 pandemic, the consumer preferences have shifted from brick-and-mortar retail stores towards online grocery platforms for combatting the spread of coronavirus infection upon human interaction. Apart from this, the rising adoption of social distancing practices is also expected to fuel the market across Europe in the coming years.

Explore Full Report with TOC & List of Figures: https://bit.ly/3vgLqrf

Key Market Segmentation:

Breakup by Product Type:

• Vegetables and Fruits
• Dairy Products
• Staples and Cooking Essentials
• Snacks
• Meat and Seafood
• Others

Breakup by Business Model:

• Pure Marketplace
• Hybrid Marketplace
• Others

Breakup by Platform:

• Web-Based
• App-Based

Breakup by Purchase Type:

• One-Time
• Subscription

Breakup by Country:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Key highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• 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

TOC for the Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• 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.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
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