China online grocery market is growing rapidly and is expected to witness further growth in the coming years. China is the world's major e-commerce and retail sector. In 2016, it was the biggest industry for e-commerce. Packaged food is a major driver for the growth of China online grocery market. In 2016, the online sales of packaged food exceeded USD 18.4 billion. The major online products bought by Chinese consumers within the packaged food segment were baby food, dairy, rice, pasta and noodles. Baby foods and dairy are the most purchased items in this category, accounting for the highest sales. Beverages and fresh foods are the next important segments of the sector, accompanied by packaged products.
The packaged food industry is dominant in the country's online grocery industry. The key competitors in China's online grocery sector are Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD), holding strong position in the market. Alibaba is most likely to expand its reach in China as well as globally after the great response from consumers. In 2018, the company’s delivery network handled more than 25 billion packages generated on its marketplaces.
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The key players are Alibaba Group Holding Ltd., JD.com Inc., Meituan, Miss Fresh, Amazon.com Inc., and among others. The EMR report investigates the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
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