Adoption of robotics, drone delivery, technologies for real time tracking and multiple product choices and benefits will drive the online B2B grocery market in Saudi Arabia: Ken Research
Key Findings
- The KSA online B2B grocery market has experienced tremendous growth over the past few months as a result of changing consumer lifestyles, increasing urbanization, and the tech-savvy generation that favors online shopping.
- Players are partnering with tech giants in order to implement AI and data warehousing solutions like Big Query in their operations.
- Loyalty program, faster delivery, low rate of order mismatch / item missing, product availability and better prices are some of the key parameter for increasing customer repeat rate and stickiness.
Saudi Arabia Online B2B Grocery Market Future Outlook
Increased Awareness of Digital Platforms: The pandemic has given a significant push to online shopping, leading to witness a grand rise in the introduction and up-gradation of digital and technology across various sectors, especially e-commerce and the online shopping sector with safe home deliveries. This has led wide awareness among people to shop online while they stay at home owing to the large number of internet users, owning smart phones and their presence on social media. Due to e-tailing, there’s greater consumer trust to shop online also Increasing Smartphone access to rural Bakalas will fuel the grocery market.
Availability of multiple product choices and benefits: Availability of numerous choices in terms of brands, discount offers, reduced delivery time, personalization, and cash on delivery, digital payment infrastructure and easy returns will act as a major factors for development of the online B2B grocery market in KSA. Due to e-tailing, there’s greater consumer trust to shop online. Moreover, increasing smartphone access to rural Bakalas is expected will fuel the grocery market. Increasing availability of both branded and local products will drive retailers to shop at online B2B grocery portals.
Technological Advancements in the KSA Online B2B Grocery Market: Robotics and drone delivery are going to revolutionize the online B2B grocery market by implementing robotic and drone delivery, companies like Sary and Retailo can provide more cost-effective solutions and drive the online grocery market. Artificial Intelligence (AI) and machine learning make it possible for the customer to have automated, personalized shopping experiences. AI is continuously collecting data and recommending the grocery products to the customers.
The report titled “KSA Online B2B Grocery Market Outlook to 2026F– Driven by Increasing Number of Smartphone Users and Changing Shopping Habits of Bakalas in the Region Due to Convenience and Online Experience” provides a comprehensive analysis of the Online B2B grocery market in Saudi Arabia. The report also covers FMCG market, B2C Grocery Market, B2C online grocery market, B2C offline grocery market and B2C grocery market size by regions and overview and genesis of the industry, market size in terms of number of orders, region wise trends, customer analysis on the basis of type of Bakalas and market potential, major growth drivers, tech disruptions and innovations in the Online B2B grocery market. The report finally concludes with competitive landscape including competition scenario, cross comparison, and company profiles of major players including list of services they offer, credit facilities and their plan to procure, business cycle and operating model in Online B2B grocery market in Saudi Arabia. Macroeconomic factors impacting the industry and analyst recommendations are also included in the report.
Key Segments Covered
Online B2B Grocery Market
- By Product Category:
- Oil and Dairy Products
- Beverages
- Staples
- Confectionery & Snacks
- Fresh Fruits & Vegetables
- Others
- By Mode of Sales:
- Cash on Delivery
- Credit sales
- Cashless Payment on delivery
- Pre-delivery online payment
- By Point of Sales:
- Medium grocery stores
- Horeca
- Small grocery stores
- Specialty stores
- Hypermarkets
- Supermarkets
- Traditional channels (e.g., large distributors)
- By GMV and By Number of Orders:
- Riyadh
- Jeddah
- Dammam
- Mecca
- Medina
- Rest of KSA
- By Number of Orders Per Region:
- Riyadh
- Jeddah
- Dammam
- Mecca
- Medina
- Rest of KSA
- Bakala Retailer Customer Analysis:
- Type of Bakalas:
- Organized
- Unorganized
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Key Target Audience
- B2B Grocery Platforms
- 3PL Logistics Companies
- Grocery Delivery companies
- Last Mile Logistics Companies
- Quick Commerce Companies
- Integrated Logistics Companies
- E-Commerce Marketplace Platform
- Retail Companies
- Logistics/Supply Chain Industry Associations
- Market research and Consulting firms
Time Period Captured in the Report:
- Base Year: 2021
- Forecast Period: 2021–2026F
Companies Covered:
Major B2B Online Grocery Companies
- Sary
- Retailo
- DX Buy
- Max Ab
- Fatura
Key Topics Covered in the Report
- Executive Summary
- KSA Online B2B Grocery Market Competition
- Saudi Arabia Online B2B Grocery Market Overview
- Saudi Arabia FMCG Market
- Saudi Arabia Online B2B Grocery Market
- Saudi Arabia Offline B2C Grocery
- Saudi Arabia Online B2B Grocery Market Size
- Saudi Arabia Online B2B Grocery Market Landscape
- Saudi Arabia Online B2B Grocery Market Segmentation
- Saudi Arabia Online B2B Grocery Market End User Analysis
- Saudi Arabia Online B2B Grocery Bakala Retailers Analysis
- Competitive Landscape Saudi Arabia Online B2B Grocery Market
- Future Market Size and Segmentations, 2021-2026F
- Covid-19 Impact Saudi Arabia Online B2B Grocery Market
- Analyst Recommendations
- Case Studies
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