Grocery Market in India 2023-2027

Grocery Market In India 2023-2027
The grocery market in India is forecasted to grow by USD 289.29 bn during 2022-2027, accelerating at a CAGR of 8.06% during the forecast period. The report on the grocery market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased popularity and rise in e-commerce platforms, rise in disposable income among consumers in India, and rapid growth in m-commerce.

Technavio's grocery market in India is segmented as below:

By PlatformOfflineOnlineBy ProductFood grainsBread bakery and dairy productsFruits and vegetablesPersonal careDry and baking products and othersThis study identifies the growth in demand for functional foods and beverages as one of the prime reasons driving the grocery market in India growth during the next few years. Also, increasing number of grocery stores with online services and increase in usage of flexible payment and delivery services will lead to sizable demand in the market.

The report on the grocery market in India covers the following areas:Grocery market in India sizingGrocery market in India forecastGrocery market in India industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading grocery market in India vendors that include Amazon.com Inc., Avenue Supermarts Ltd., B L Agro Industries Ltd., Blink Commerce Pvt. Ltd., Brisam Retail Pvt. Ltd., Dookan Technologies s.r.o, Dunzo Digital Pvt. Ltd., Flora foods, Fresh to Home, GFOI retail Pvt. Ltd., Heritage Foods Ltd., Innovative Retail Concepts Pvt. Ltd., One97 Communications Ltd., Reliance Industries Ltd., RP Sanjiv Goenka Group, Satvika Bio Foods India Pvt. Ltd., SPAR Group Inc., Tata Sons Pvt. Ltd., Walmart Inc., and Zepto. Also, the grocery market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.