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India Online Grocery Market Report 2024-2029, Featuring Avenue E-commerce, Spencer's Retail, Dunzo Digital, Kiranakart Technologies, Max Hypermarket, Natures Basket, BigBasket, Grofers & Amazon Pantry

1. India's online grocery market projected to grow substantially by 2029. 2. Market valued at INR 743.29 Bn in 2023; CAGR of 31.33% expected. 3. Increasing internet and smartphone access expands customer base for online shopping. 4. Intense competition among major players like Amazon Pantry and BigBasket. 5. Aggressive pricing strategies may reduce profit margins for companies.

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FAQ

Why Bullish?

Growing online grocery demand in India can enhance AMZN's market share, similar to market expansion in other regions.

How important is it?

Significant growth metrics in the Indian market could enhance AMZN revenues, especially if it gains market leadership.

Why Long Term?

Sustained growth in India's online grocery market could benefit AMZN's operations there; the trend indicates sustained consumer shift.

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Dublin, Jan. 15, 2025 (GLOBE NEWSWIRE) -- The "Online Grocery Market in India 2024-2029" report has been added to ResearchAndMarkets.com's offering.The online grocery industry in India is projected to experience substantial growth due to the rise in internet usage, higher smartphone adoption, and evolving consumer preferences in favor of convenient and time-efficient shopping options. The online grocery market in India was valued at INR 743.29 Bn in 2023, expanding at a compound annual growth rate (CAGR) of 31.33% during the 2024 - 2029 period.BigBasket, Grofers, and Amazon Pantry are major players in the online grocery industry, each vying for dominance in a dynamic market. This scenario offers promising chances for development, with the possibility to transform the way Indian customers purchase groceries and obtain necessary items.Market drivers: With increasing internet usage, a higher number of consumers in rural and semi-urban areas are now able to use online grocery platforms, leading to a growth in the potential customer pool. Higher smartphone usage enables consumers to shop for groceries easily from their mobile devices, making it easy to purchase daily items.Improved internet connectivity enables more immersive online shopping experiences with better-quality images, detailed product descriptions, and elaborate customer reviews. Key deterrents to the growth of the market: The online grocery industry in India has many well-known companies such as BigBasket, Amazon Pantry, Grofers, and Ninjacart, resulting in intense competition for greater market shares.Fierce competition frequently results in companies implementing aggressive pricing tactics, ultimately causing profit margins to dwindle.Given the abundance of choices, it is challenging to keep customers loyal because they have the flexibility to switch between platforms for better offers, improved standards, and finer services. Key Topics Covered:Chapter 1: Executive SummaryChapter 2: Socio-Economic IndicatorsChapter 3: Introduction3.1. Market Definition and StructureChapter 4: Market Overview4.1 Online grocery market in India - An overview4.2 Market size and growth forecast (2024 - 2029)4.3 Porter's five forces analysisChapter 5: Market Influencers5.1. Market drivers5.2. Market challengesChapter 6: Competitive Landscape Avenue E-commerce LimitedSpencer's Retail LimitedAmazon India LimitedDunzo Digital Private LimitedKiranakart Technologies Private Limited (Zepto)Max Hypermarket India Private LimitedNatures Basket LimitedPaytm E-Commerce Private Limited (Paytm Mall)Reliance Retail Limited (Jio-Mart)Supermarket Grocery Supplies Private Limited (Big Basket) Chapter 7: Recent Developments For more information about this report visit https://www.researchandmarkets.com/r/t4f6bg About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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