- The market is expected to grow due to the increased awareness, penetration & consumption of internet and smart phones among the population post pandemic.
- The Food Delivery Apps revenue is expected to increase due to services like advanced tools with the use of AI & ML, and other multiple solutions.
- Time, Speed and Comfort are expected to be the demand-driving forces for the food delivery services in future.
Use of AI algorithms: Q-Commerce industry is based on technology and keeps evolving using modern methods for better user experiences. Digitalization was a breakthrough for the industry. Algorithms coupled with AI & ML are being used to improve the decision-making process, scalability and multiple order route deliveries.
Internet Penetration & Smartphone Usage: With increasing internet penetration and usage of smartphones, more and more people have access to these services and are able to consume it. Along with this, the internet penetration in smaller areas will drastically increase the demand and usage of such services.
Convenient & Quick Delivery: Upcoming online business models are fulfilling the consumer demand with faster time, more convenience, competitive prices or lower to that of traditional shopping through physical stores.
Comfort for the working population: Q-Commerce provides the working population with the flexibility to order at their convenient time and place, contrary to the traditional mode which required purchasing only during the store’s open hours. They are able to save on their time, energy and costs of purchasing food & groceries, increasing the demand of such services.
Analysts at Ken Research in their latest publication- “Brazil Quick Commerce– Market Outlook to 2027F”- Driven by the increasing digital adoption and internet penetration since the global covid-19 pandemic” by Ken Research provides a comprehensive analysis of the potential of Quick Commerce Market in Brazil. The rapid adoption of digital tools in the daily lives of consumers has been accelerated by the pandemic and push in online shopping, the Quick Commerce market is expected to grow at a CAGR of 10.7% in between 2022P and 2027E.
Key Segments Covered:-
Brazil Quick Commerce Market
By Service Type:
On demand food delivery
On demand grocery delivery
By Delivery Time Period
within 10 minutes
within 15-20 minutes
within 35-40 minutes
By On-Demand Food Delivery
By Platform Type
Food Delivery Apps
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By Platform Type
Restaurant-to-Consumer
Platform-to-Consumer
On-Demand Grocery Delivery
By Business Model Type
E-Commerce Platforms
Brick & Motor Stores
Delivery Apps
Key Target Audience:-
Global Food Delivery Partners
Global Grocery Delivery Partners
E-Commerce Retailers
E-Commerce Service Providers
Door To Door Delivery Service Providers
Supply Chain System Providers
Financial Service Provider
Nbfcs
Venture Capitals
Fin-Tech Companies
Government Bodies & Regulating Authorities
Time Period Captured in the Report:-
Historical Year: 2018-2021
Base Year: 2022P
Forecast Period: 2023F– 2027F
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Companies Covered:-
Ifood
Uber Eats
Rappi
Key Topics Covered in the Report:-
Brazil Quick Commerce Market Overview
Ecosystem of Brazil Quick Commerce Market
Business Cycle and Genesis of Brazil Quick Commerce Market
Export and Import Overview of Brazil Automotive market
Industry Analysis of Brazil Quick Commerce Market
SWOT Analysis of Brazil Quick Commerce Market
Key Growth Drivers in Market in Brazil
Major Challenges and Bottlenecks in Brazil Quick Commerce Market
Regulatory Framework in Brazil Quick Commerce Market
Competitive Landscape in in Brazil Quick Commerce Market
Market Share of Major Auto Finance Providers in Brazil Quick Commerce Market
Detailed Analysis on Brazil Quick Commerce Market (Market Size and Segmentation, 2018-2021P; Future Market Size and Segmentation, 2022-2027F)
Market Opportunity and Analyst Recommendations
For more information on the research report, refer to below link:-
Related Reports By Ken Research:-
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