DUBLIN, September 20, 2021--(BUSINESS WIRE)--The "Global Last-mile Food and Grocery Delivery Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
The last-mile delivery industry for food and grocery is poised to grow as the shift from brick-and-mortar outlets to online retail continues. Last-mile delivery is no longer just about transporting products from the warehouse to the consumers but about fulfilling customer demand and experience. Customer behavior and expectations have changed in the last few years, challenging the way last-mile delivery operators operate. Operators are focusing on creating long-lasting, engaging relationships with customers and addressing their nuanced demands, such as contactless deliveries and curbside pickup.
The study analyzed the key trends expected to drive the market from a short-to-mid term perspective. This study is focused on analyzing the current state of the last-mile food and grocery delivery market and identifying key underlining challenges and growth opportunities for various stakeholders across the value chain. The US, Europe, and China have been covered in this study.
In 2020, the last-mile delivery market for food and grocery earned a revenue of approximately $25 billion. This is expected to cross $72 billion in 2025, accounting for the surge in the market due to the COVID-19 pandemic.
Online food and grocery delivery is rapidly developing and start-ups in this space are experiencing tremendous growth. It is growing because of the convenience, variety, and cost available at the touch of a button. Major cities have been the epicenter of this market, especially as smartphones have become ubiquitous. Investments in the industry have been significant, and several mergers and acquisitions have already happened in the food delivery space. Technology providers and shared mobility operators are trying to get a slice of the pie. Mobility and eCommerce companies are considering last-mile food and grocery delivery service as a future avenue of growth and are trying to incorporate anything last-mile service in their portfolios.
Customer's delivery expectations have also changed over the years and they include transparency as a part of the shopping experience. Traditional track-and-trace technologies are no longer sufficient to meet industry standards, as customers are demanding real-time last-mile visibility - from shipping fulfillment to location of drivers and until the estimated time of arrival. Last-mile delivery operators are adopting smart technologies, such as smart tracking, dynamic route optimization, and advanced analytics, thereby increasing the efficiency of their delivery supply chain.
The last-mile delivery market is currently undergoing a major transformation, with new innovative solutions determining the way goods are being delivered from point A to point B. The market is witnessing an influx of a new breed of tech-savvy start-ups that are coming up with unique business models and services that are largely disrupting the supply chain ecosystem, especially in the last mile. Rising congestion and pollution within cities have resulted in more emphasis on providing for urban last-mile delivery solutions. Instant deliveries and user experience have started to become critical value differentiators. This has resulted in firms exploring new technologies and services to alleviate some of these growing issues.
Key Issues Addressed:
What are the key trends in the last-mile food and grocery delivery market?
Which are the key global participants, and where do they stand in terms of competition?
What are the current and future market revenue opportunities from last-mile food and grocery delivery?
What are the key technological innovations?
What is the growth opportunity that this market can offer?
Just Eat Takeaway.com
Key Topics Covered:
1. Strategic Imperatives
2. Growth Opportunity Analysis, Last-mile Delivery of Food and Grocery
Scope of Analysis
Key Growth Metrics
Online Food and Grocery Delivery Given a Boost Post the Pandemic
Revenue Forecast, Food and Grocery Delivery
Revenue Forecast Analysis by Region, Food and Grocery Delivery
Competitive Environment, Last-mile Food and Grocery Delivery Market
Last-mile Delivery - What are the Costs Involved?
Current Popular Delivery Modes
Automotive OEM Business Partnerships
Key Challenges Faced by Last-mile Operators
What Can Last-mile Delivery Operators do to Combat the Challenges?
New Business Models That are Evolving to Combat the Challenges
Autonomous Delivery - Key Market Highlights of 2020
Last-mile Food and Grocery Delivery - The Way Forward
3. Trends Driving Market Growth
4. Last-mile Food Delivery Market
5. Last-mile Grocery Delivery Market
6. Growth Opportunity Universe, Last-mile Delivery
Digital Tools and Alternate Delivery Models to Accommodate the Growth in Last-mile Delivery
Business Model Diversification and Sustainability Leading to New Participant Entries
Partnerships, New Business Models, and New Technologies Underpinning Long-term Last-mile Delivery Growth
For more information about this report visit https://www.researchandmarkets.com/r/npn0nx
ResearchAndMarkets.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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210920005472/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900