Rising Penetration of High Speed Internet Connections to Drive Global Online Grocery Market During the Forecast Period 2014-2019
Albany, NY (PRWEB) February 11, 2015 -- This market research report provides a comprehensive overview of the global online grocery market in terms of market size, demand drivers, market structure, and ongoing trends. The research report discusses the global market for e-commerce as well, via detailed explanations of the e-business transaction model, and the important types of e-commerce. With the help of tables, this research study offers useful insights into retail sales, the penetration of online grocery sales, and the overall cost structure. Apart from describing the major ongoing trends in the global online grocery market, this report covers other vital aspects like the demand drivers and market restraints, innovations, and the overall growth pattern. According to this market research study, the online grocery market is by far the fastest growing segment in the overall grocery retail market.
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As per this market research report, the global online grocery market is characterized by high variable costs and lower fixed costs, in contrast to in-store retailing. The research report explores the online grocery markets of the European Union and Asia. Within the Europe segment, this research study discusses the market structures, market share, and the prevailing trends in the online grocery markets of France, the U.K., and Germany. The report also discusses the market structure and dynamics of the online grocery markets in China, India, etc., thereby covering the dominant subcategories of the Asia market for online grocery. Furthermore, this research study on the global online grocery market also analyzes the China online grocery market and discusses the edible grocery food retail format banner sales by e-commerce players in this region.
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The examination of market dynamics of the global online grocery market throws light on the current trends driving this market, via tabular representation. As per this report, the online grocery market is primarily driven by extensive use of smartphones and tablets, and increasing penetration of high-speed internet connections all across the globe. The penetration rates of smartphones have also been provided in the report via tabular representation. The country-wise ratios of online purchasers as a percentage of total number of internet users has also been included in this research study.
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The report analyzes and evaluates the impact of global economic growth patterns, changing consumer behavior, and the ‘convenience’ factor of the global online grocery market. At present, the global online grocery market is characterized by trends like click-and-collect service and large investments by the biggest retailers in the industry. Problems pertaining to food quality and complex logistical issues are some of the main challenges facing the global online grocery market. This market research report describes the competitive landscape of the global online grocery market via company profiling, which includes criteria such as revenue structures, business strategies, business descriptions, and financial overview. The companies mentioned in this research report are Ocado Group Plc, J Sainsbury plc, Amazon, and Tesco Plc.
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