The Grocery Delivery Software Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Grocery Delivery Software Global Market Report 2024, The grocery delivery software market size has grown exponentially in recent years. It will grow from $3.91 billion in 2023 to $4.70 billion in 2024 at a compound annual growth rate (CAGR) of 20.2%. The growth in the historic period can be attributed to the rapid expansion of e-commerce platforms, consumer convenience, urbanization, improvements in logistics, and digital payment solutions.
The grocery delivery software market size is expected to see exponential growth in the next few years. It will grow to $9.85 billion in 2028 at a compound annual growth rate (CAGR) of 20.3%. The growth in the forecast period can be attributed to user-friendly mobile apps, discounts, loyalty programs, and competitive pricing, disposable income levels, increased investment in grocery delivery startups, and changing lifestyles. Major trends in the forecast period include customer experience enhancement, contactless delivery solutions, subscription and membership programs, hyperlocal delivery networks, and health-conscious options.
Growing demand for e-commerce platforms is expected to propel the growth of the grocery delivery software market going forward. E-commerce platforms refer to digital frameworks or software solutions that facilitate the buying and selling of goods and services online. Demand for e-commerce platforms is rising due to several reasons, such as convenience, wider selection, price comparison, and personalization. E-commerce utilizes grocery delivery software to enable seamless online shopping experiences, automate order fulfillment, and optimize delivery logistics for customers. For instance, in November 2023, according to the International Trade Administration, a US-based government agency, e-commerce revenues in the UK were projected to grow at an average annual rate of 12.6% by 2025. As of January 2021, consumer e-commerce represented 36.3% of the total retail market in the UK, with revenue expected to reach $285.60 billion by 2025. Therefore, the growing demand for e-commerce platforms is driving the growth of the grocery delivery software market.
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The grocery delivery software market covered in this report is segmented –
1) By Type: Cloud Based, Web Based
2) By Application: Large Enterprises, Small And Medium Enterprises
3) By End-User: Individual Consumers, Grocery Stores, Super markets, Hyper markets
Major companies operating in the grocery delivery software market are focusing on developing innovative solutions, such as online grocery platforms, to enhance customer convenience and streamline the delivery process. Online grocery platforms refer to digital marketplaces that allow consumers to browse, select, and purchase groceries via websites or mobile apps. For instance, in March 2024, Instacart, a US-based retail company, launched the Instacart Developer Platform (IDP), a publicly accessible API program that allows third-party developers to integrate Instacart’s online grocery platform into their websites and apps. This initiative enables the creation of comprehensive food, wellness, and lifestyle experiences that can deliver tangible products to customers. The IDP offers developers access to Instacart’s catalog, search, cart-building, and fulfillment tools, facilitating the development of connected experiences across meal planning, nutrition, cooking, health, beauty, travel, and more. This allows discovery-focused apps to evolve into full-service platforms that deliver physical goods to users.
The grocery delivery software market report table of contents includes:
1. Executive Summary
2. Grocery Delivery Software Market Characteristics
3. Grocery Delivery Software Market Trends And Strategies
4. Grocery Delivery Software Market – Macro Economic Scenario
5. Global Grocery Delivery Software Market Size and Growth
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32. Global Grocery Delivery Software Market Competitive Benchmarking
33. Global Grocery Delivery Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Grocery Delivery Software Market
35. Grocery Delivery Software Market Future Outlook and Potential Analysis
36. Appendix
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