China Instant Grocery Market Size & Outlook, 2022-2030
The instant grocery market in China is expected to reach a projected revenue of US$ 31,302.1 million by 2030. A compound annual growth rate of 20.1% is expected of China instant grocery market from 2023 to 2030.
Revenue, 2022 (US$M)
$7,236.1
Forecast, 2030 (US$M)
$31,302.1
CAGR, 2023 - 2030
20.1%
Report Coverage
China
China Instant Grocery Market, 2017-2030 (US$M)
Global Market
Related Markets
China instant grocery market highlights
- The China instant grocery market generated a revenue of USD 7,236.1 million in 2022 and is expected to reach USD 31,302.1 million by 2030.
- The China market is expected to grow at a CAGR of 20.1% from 2023 to 2030.
- In terms of segment, food products was the largest revenue generating product in 2022.
- Food Products is the most lucrative product segment registering the fastest growth during the forecast period.
Instant grocery market data book summary
| Market revenue in 2022 | USD 7,236.1 million |
| Market revenue in 2030 | USD 31,302.1 million |
| Growth rate | 20.1% (CAGR from 2022 to 2030) |
| Largest segment | Food products |
| Fastest growing segment | Food Products |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food Products, Non-food Products |
| Key market players worldwide | Amazon.com Inc, Swiggy, Ocado Group PLC, Uber Technologies Inc, Walmart Inc, Delivery Hero SE, Target Corp, DoorDash Inc Ordinary Shares - Class A, blinkit, Instacart |
Other key industry trends
- In terms of revenue, China accounted for 4.9% of the global instant grocery market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China instant grocery market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 26,810.0 million by 2030.
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Instant Grocery Market Scope
Instant Grocery Market segmentation & scope
Instant Grocery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon.com Inc | View profile | 1,525,000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | www.amazon.com |
| DoorDash Inc Ordinary Shares - Class A | View profile | 19,300 | 303 2nd Street, South Tower, 8th Floor, San Francisco, CA, United States, 94107 | www.doordash.com |
| Delivery Hero SE | View profile | 51,447 | Oranienburger Strasse 70, Berlin, Germany, 10117 | www.deliveryhero.com |
| Uber Technologies Inc | View profile | 30,700 | 1725 3rd Street, San Francisco, CA, United States, 94158 | www.uber.com |
| Swiggy | View profile | 10001+ | Bangalore, Karnataka, India, Asia | www.swiggy.com |
| Ocado Group PLC | View profile | 18,869 | Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, United Kingdom, AL10 9UL | www.ocadogroup.com |
| Walmart Inc | View profile | 2,100,000 | 702 S.W. 8th Street, Bentonville, AR, United States, 72716 | stock.walmart.com |
| Target Corp | View profile | 415,000 | 1000 Nicollet Mall, Minneapolis, MN, United States, 55403 | corporate.target.com |
| blinkit | View profile | 1001-5000 | Gurgaon, Haryana, India, Asia | blinkit.com |
| Instacart | View profile | 1001-5000 | San Francisco, California, United States, North America | www.instacart.com |
China Instant Grocery Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Instant Grocery Market Outlook will help companies and investors design strategic landscapes.
Food Products was the largest segment with a revenue share of 62.16% in 2022.
Horizon Databook has segmented the China instant grocery market based on food products, non-food products covering the revenue growth of each sub-segment from 2017 to 2030.
- China Instant Grocery Market Product Outlook (Revenue, USD Million , 2017-2030)
- Food Products
- Non-food Products
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Horizon Databook provides a detailed overview of country-level data and insights on the China Instant Grocery Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Instant Grocery Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
China Instant Grocery Market, 2017-2030 (US$M)
China instant grocery market statistics, by product, 2017-2030 (US$M)
