Massive Advancement in Trends of Veterinary CRO Market Outlook: Ken Research

The contract research organizations (CROs) are corporates that aid in conducting research for a sponsor corporate. In addition, veterinary CROs are corporates, which are specialized in in-vivo studies that include the companion animals. Sponsor corporates pursue provision from veterinary CROs to support research and development programs for the biopharmaceutical industries. Furthermore, the dissimilar varieties of services are delivered by the veterinary CROs such as clinical trials, toxicology, and market authorization & regulatory support. Such services are used by the veterinary medicine producers to test the protection and efficacy of veterinary drugs, which are effectively utilized in dissimilar indications such as oncology, neurology, and infectious diseases.

According to the report analysis, ‘Veterinary CRO Market by Service Type (Clinical Trials, Toxicology, Market Authorization & Regulatory Support and Others), Application (Dogs, Cats, and Others), End User (Oncology, Infectious Diseases, Neurology and Others): Global Opportunity Analysis and Industry Forecast, 2019 – 2026’ states that in the worldwide veterinary CRO market there are several companies which presently functioning more effectively for leading the fastest market growth and registering the greatest value of market share while decreasing the associated prices, delivering the better consumer satisfaction, advancing the features and applications of the veterinary CRO, spreading the awareness related to the veterinary CRO, implementing the effective services, studying the strategies of the competitors and employing the young workforce includes Charles River Laboratories, Inc., Clinvet, KLIFOVET AG, Lohlein & Wolf Vet Research, Oncovet Clinical Research, ONDAX Scientific, Triveritas, Veterinary Research Management (VRM) Ltd, VetPharm, Inc., and VETSPIN SRL and several others.

The aspects that boost the growth of the veterinary CRO market involve the surge in ownership of companion animals and augment in the animal health expenditure. Furthermore, other aspects such as effective augment in the prevalence of several diseases amongst companion animal acts as a foremost aspects that underwrites toward the growth of the market. However, shortage of the standardization in veterinary CROs is a factor that limits the growth of the market. Conversely, the surge in awareness concerned to animal healthcare around the world is predicted to deliver the lucrative opportunities in the market throughout the forecast period.

Not only has this, alarming augment in the prevalence of the several animal disorders has led to increase in the research concerned to veterinary medicines. Furthermore, as clinical trials include the handling of great number of animals, veterinary medicine producers outsource this service to the CROs. Therefore, the veterinary CROs are defined as the organizations that propose the services helping the processes concerned to the veterinary drug discovery in veterinary drug manufacturing corporates. 

In addition, the significant rise in the ownership of companion animals and augment in the animal health expenditure are the foremost aspects that boost the growth of worldwide veterinary CRO market. In addition, augment in the prevalence of several diseases amongst the companion animals significantly propels the growth of the market. Therefore, in the coming years, it is anticipated that the market of veterinary CRO will increase around the globe more efficiently.

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Global Veterinary CRO Market

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Ken Research                                    

Ankur Gupta, Head Marketing & Communications

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Changing Dynamics of Die Casting Machines Market Outlook: Ken Research

A die casting machine is included in the metal casting procedure. The procedure is characterized by compelling alloy or metal in molten state under the great pressure in the mold cavity. Die castings are produced from metals, such as lead, zinc, magnesium, aluminum, copper, and tin-based alloys. Conditional on the variety of metal or alloy being cast, a cold or hot chamber machine is utilized. Die casting machinery is utilized in the several end-user sectors, which involve automotive, marine, aerospace, and defense.

According to the report analysis, ‘Die Casting Machines Market by Type (Cold Chamber Die Casting Machine, Hot Chamber Die Casting Machine, and Gravity Die Casting Machine), Material (Aluminum, Zinc, Magnesium, and Others), and End-User (Transportation, Mechanical & Manufacturing Equipment, Building & Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the Die casting Machines market there are numerous companies which functioning more professionally for leading the highest market growth and registering the handsome value of market share around the globe in the upcoming years while increasing the applications, specifications, productivity and strength of the die casting machines, spreading the awareness related to the profitable applications of the die casting machines, decreasing the linked prices, implementing the profitable strategies and employing the young workforce includes Agrati-AEE Srl, Buhler AG, Dynacast, Idra srl, Italpresse Gauss, Oskar Frech GmbH + Co. KG, Toshiba Machine Co., Ltd, Toyo Machinery & Metal Co.,Ltd., UBE, and Zitai Precision Machinery Co., Ltd and several others.

The effective growth in the requirement for the fuel-efficient, high-performance, and low-emission vehicles propels the market growth. In addition, the foremost growth in the manufacturing machinery industries, and surge in the investments in the construction industry boost the requirement for the die casting machines. However, the volatility in raw material costs is predicted to restrict the market growth. Not only has this, there are numerous enhancements to the conventional high-pressure die casting procedures, which have been advanced during the recent years. Such aspects are projected to offer lucrative growth opportunities to the market players throughout the review period.

Furthermore, aspects such as increasing the market for light weight vehicles and augment in the implementation of the high pressure die casting (HPDC), due to the technological advancements influence the die casting machines market growth. Nonetheless, several automotive component producers use the aluminum die casting machines to produce the lightweight aluminum cast parts, which are utilized in automotive assembly. This increasing trend of introducing the light weight metals in the automotive industry, attached with the growth in automobile sales boost the requirement for the die casting machinery.

To an extent, the high-pressure die casting is increasing in popularity due to their usage in great volume production of alloys. The effective growth in the requirement for the high precision metal casting with exceptional mechanical belongings has bolstered the uptake. A variety of aluminum and magnesium castings are utilized in automotive industry is high-end cars is booming the market. Therefore, in the coming years, it is predicted that the market of die casting machines will increase around the globe more proficiently over the forthcoming duration.

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Global Die Casting Machines Market

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Ankur Gupta, Head Marketing & Communications

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Substantial Developments In India Bitumen Market Outlook: Ken Research

The bitumen is an oil-based substance and semi-solid hydrocarbon product introduced by eradicating the lighter fractions (such as liquid petroleum gas, petrol, and diesel) from heavy crude oil throughout the refining process. Composition of bitumen involves carbon (87-92%), hydrogen (6-8%), sulphur (~5%), nitrogen (1%), and oxygen (1%). It possesses physical possessions such as adhesion, water resistance, hardness, and viscosity.

According to the report analysis, ‘India Bitumen Market by Type (Paving Grade Bitumen, Oxidized Bitumen, Polymer Modified Bitumen, Bitumen Emulsion, and Others) and End-Use Industry (Road Construction, Water Proofing, and Others): Opportunity Analysis and Industry Forecast, 2019-2026’ states that in India Bitumen market there are several corporates which recently operating more effectively for leading the fastest market growth and dominating the handsome value of market share around the globe during the short span of time while spreading the awareness related to the bitumen, delivering the better consumer satisfaction, decreasing the compared prices, increasing the applications of the bitumen, advancing the applications of the production technologies, accepting the policies of profit making and employing the young workforce includes Indian Oil Corporation Ltd., Hindustan Petroleum Corporation Limited, Bharat Petroleum Corporation Ltd., Oil & Natural Gas Corporation Ltd., Total India, Tiki Tar Industries India Ltd., Agarwal Industries Corporation Ltd., Juno BitumixPvt Ltd., Universal Bituminous Industries Pvt. Ltd., and Swastik Tar Industries.

Whereas, the effective growth in the road construction activities propels the requirement for bitumen. Bitumen is administered into asphalt for road construction. Asphalt is an amalgamation of the rock aggregates and bitumen. Bitumen attends as a binding agent and advances the stability of asphalt. Depending on the variety of bitumen or composition of the mixture utilized, asphalt roads can be made appropriate for regions with dissimilar climatic conditions or several levels of operational requirement. Asphalt is also utilized for airport runways, parking decks, and working locations in ports.

In addition, India's present passed budget involves the expenditure on development of National Highways, involving projects connecting to expressways, two-laning of highways, under the National Highways Development Project, six-laning of crowded bounces of the Golden Quadrilateral, a distinctive program for the advancement of road connectivity in Naxal affected areas, improvement of Vijayawada-Ranchi road, and for delivering last mile connectivity, which is projected to drive the growth of India bitumen market. Furthermore, the bitumen adhesive is widely utilized in the construction industry for roofs. It is a cold functional adhesive for bonding bituminous roofing felts to asphalt, felt, metal, and concrete. Bitumen adhesive has physical features that involves the toughness, flexibility, and forms adhesive and cohesive film and delivers good UV resistance. Due to growth in construction industry owing to the speedy urbanization and establish of government initiatives such as Housing for All that involves construction of houses for urban poor is predicted to propel the growth of the bitumen market around the country. Therefore, in the coming years, it is anticipated that the market of bitumen will increase around the globe more progressively over the forthcoming duration.

For More Information, refer to below link:-

India Bitumen Market

Related Report:-

Global Modified Bitumen Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

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Ankur Gupta, Head Marketing & Communications

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Different Effective Trends In Worldwide Fly Control Chemicals Market Outlook: Ken Research

According to the report analysis, ‘Fly Control Chemicals Market for Waste Management by Type (Larvicide and Adulticide), Waste Treatment Method (Mechanical Biological Treatment, Incineration, and Anaerobic Digestion), and Method of Application (Toxic Bait, Dichloros Vaporizer, Outdoor Space Spraying, Larvicide Sprayers, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the fly control chemicals market there are numerous companies which presently operating more effectively for leading the fastest market growth and dominating the handsome value of market share around the globe in the forthcoming years while decreasing the associated price, increasing the applications of the fly control chemicals, spreading the awareness related to the fly control chemicals, delivering the better consumer satisfaction, accepting the policies and strategies of profit making, studying the strategies of the government and competitors and employing the young work force includes BASF SE, Bayer AG, FMC Corporation, Aimco Pesticides Ltd., Sumitomo Chemical Co. Ltd., Syngenta and several others.

In addition, the fly control chemicals market for waste management registered for USD 74.4 billion in 2018 and is projected to reach USD 120.9 billion by 2026, dominating a CAGR of 6.1% during 2019 to 2026. Waste management is a systematic process of treating waste, encompassing numerous activities such as collecting, transportation, and treatment (mechanical/ biological/ chemical).

The growth of the market is propelled by the aspects such as augment in the environmental concerns and acceptance of the stringent government regulations toward open dumping. However, along with challenges in storage & handling of fly control chemicals, and their great prices are some of the foremost factors projected to hinder the market growth throughout the analysis period.

The fly control chemicals market for waste management is sectored based on type, waste treatment method, method of application, and region. Based on type, the market is divided into larvicide and adulticide. On the basis of waste treatment method, it is divided into mechanical biological treatment (MBT) and anaerobic digestion. By method of application, it is ghettoized into toxic bait, dichlorvos vaporizer, outdoor space-spraying, larvicide sprayers, and others. By region, the market is analyzed around North America, Europe, Asia-Pacific region, and LAMEA.

In addition, the worldwide fly control chemicals market for waste management is predicted to grow significantly throughout the forecast duration due to the implementation of rigorous regulations on waste generation, which has resulted in the implementation of insecticides. Moreover, aspects boosting the waste generation involve rise in population in underdeveloped regions such as Asia-Pacific and LAMEA. China and India are some of the regions which are increasing at a noteworthy pace considering rapid industrialization as well as augment in the population. However, costs of fly control chemicals are one of the aspects that restrict the fly control chemicals market growth.

Although, the large players in the fly control chemicals are implementing the policies of joint ventures, mergers and acquisitions, collaborations, partnership and several others for generating the effective percentage of revenue and ruling across the globe more actively. Therefore, in the near years, it is predicted that the market of fly control chemicals will increase around the globe more significantly over the forthcoming duration.

For More Information, refer to below link:-

Global Fly Control Chemicals Market for Waste Management

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Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Effective Developments In Global Technical Ceramics Market Outlook: Ken Research

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The ceramics completed for or utilized in the technical applications are well-known as technical ceramics. Technical ceramics display the excellent electrical properties and dielectric power, which favors their utilization in the technical applications. Apart from this, they exhibit benefits such as excellent strength, purity, hardness, density, fracture toughness, thermal & electrical conductivity, and thermal enlargement. Owing to these possessions, technical ceramics are greatly commended electrical insulators & connector bodies, high-temperature components, water faucet valves, mechanical seals, vacuum chambers & vessels, centrifuge linings, and many other products.

According to the report analysis, ‘Technical Ceramics Market by Material (Oxide and Non-Oxide), Product (Monolithic Ceramics, Ceramic Coatings, and Ceramic Matrix Composites), and End-use Industry (Electronics & Semiconductor, Automotive, Energy & Power, Industrial, Medical, Military & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the technical ceramics market there are numerous enterprises which presently operating more effectively for leading the fastest market growth and registering the great value of market share around the globe in the forthcoming duration while decreasing the weak points of the ceramics, increasing and advancing the applications of the ceramics, delivering the better consumer satisfaction, spreading the awareness related to the technical ceramics, decreasing the linked price, implementing the profitable strategies and employing the young work force includes KYOCERA Corporation, Albemarle Corporation, Morgan Advanced Materials plc, Rauschert GmbH, McDanel Advanced Ceramic Technologies, CoorsTek Inc., Saint-Gobain S.A., and 3M, NGK Spark Plug Co., Ltd., and KCC CORPORATION and several others.

In addition, the technical ceramics are well-known for their belongings such as high-temperature stability, corrosion resistance, thermal shock resistance, and hardness; that creates them greater over other materials. As a result, electronics, automotive, and power generation industries are effectively utilizing this material to establish the high-quality components; thereby underwriting to the growth of the market. Since, the technical ceramics are utilized to introduce the smaller electronic components, the trend for miniaturization in the customer electronics industry further boosts their implementation. However, the requirement to introduce the custom products in most of the end-use industries is predicted to restrict the growth of the worldwide market.

Whereas, the worldwide technical ceramics market was worth at USD 8.03 billion in 2018, and it is projected to reach USD 13.09 million by 2026, increasing at a CAGR of 6.20% from 2019 to 2026.

Furthermore, the growth of the technical ceramics market is wholly propelled by the associated features. Insulating and conductive features of the technical ceramics have made them fundamentals in the introduction of the electronics and semiconductor products. Furthermore, their high-temperature compatibility principally recommends their usage in the high-temperature applications in energy & power and industrial manufacturing segment. In addition, thermal shock resistance and great stability accessible by the technical ceramics further boost their implementation in several end-use industries such as medical, consumer goods, energy & power, and many others. On the other hand, great prices linked with technical ceramics is the foremost aspect that restrict the entire technical ceramics market growth. Miniaturization is one of the present technical ceramics market trend which is proposing the new growth opportunities to this market. Therefore, the technical ceramics manufacturers are effectively on the introduction of smaller size ceramic product manufacturing. Hence, it is predicted that the market of technical ceramics will increase around the globe more proficiently over the inflowing years.

For More Information on the Research Report, refer to below links: -

Global Technical Ceramics Market

Related Reports: –

Global 3D Printed Technical Ceramics Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global Technical Ceramics Market Research (2015-2019) and Future Forecast (2020-2025)

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Landscape Of U.S. Smart Meter Data Management Market Outlook: Ken Research

The smart meter data management denotes to the long-term data storage and management of massive quantity of data delivered by the several smart meters. In addition, it supports organizations to pucker, store, and course all variates of data to support the organizations to deal with augment in the volume of data and delivers the useful information for getting the better insights. Furthermore, it allows the organization to import the data, authorize the data, and cleanse and procedure it before creating it available for the several analysis and billing procedure. In addition, the several systems associated with the smart meter data management system involve the meter-to-cash system, workforce management system, asset management, and several other systems.

According to the report analysis, ‘U.S Smart Meter Data Management Market by Component (Software and Services), Deployment Model (On-premise and Cloud), and Application (Electric, Gas, and Water): U.S. Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the U.S smart Meter data management market there are numerous companies which presently functioning more effectively for leading the fastest market growth and dominating the handsome value of market share around the globe during the forecast years while spreading the awareness related to the smart meter data management, delivering the better consumer satisfaction concerned to the smart meter data management, decreasing the associated price, increasing the applications of the smart meters, studying and analyzing the strategies and policies of the government and competitors, employing the young work force, and implementing the profitable strategies includes Oracle Corporation, Arad Group, Trilliant Holdings, Inc., Elster Group GmbH, Itron, Siemens AG, Aclara Technologies LLC, Enoro, ElectSolve Technology Solutions & Services, Inc., Landis+Gyr and several others.

In addition, the U.S. smart meter data managements market is sectored on the basis of component, deployment mode, application and region. By component, the market is classified into software and services. The software sector is further divided into meter data management system (MDMS), meter data analytics (MDA), and software communication. Services are further studied around consulting, project management, implementation & integration, and many other support services. By deployment type, it is sectored into cloud based and on-premise. Based on the application the market is classified into electric, gas and water. By country, the market is analyzed around the U.S.

Whereas, the effective growth in the demand for smart meters around the U.S. to efficiently use energy sources and monitor energy consumption propel the market growth. Further, the supportive rules and regulations, as well as initiatives commenced by the governing bodies of the nation, boost the requirement for the smart meter data management products. However, the great cost of these meters and management of extraordinary volume of data are projected to restrict the market growth. Nevertheless, augment in the volume of meter data & high requirement for the predictive analysis and integration of advance technologies such as AI in smart meter data management are projected to offer considerable growth choices for the smart meter data management market. Therefore, in the near years, it is anticipated that the market of U.S. Smart meter data management will increase around the globe over the inflowing years more significantly.

For More Information, refer to below link:-

U.S Smart Meter Data Management Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Massive Improvement In Global Big Data And Business Analytics Market Outlook: Ken Research

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The Big data analytics is the procedure of scrutinizing the large set of data or speckled set of data for revealing the useful information, which can support the organizations create the informed business decisions. In addition, it analyzes business data and information through unremitting investigation and exploration of the old business performance data to acquire the conclusive insights for business planning. Not only has this, the big data analytics supports the businesses better understand the information controlled within the data and deliver the data that is significant for the organization. In addition, requirement for the cloud-based big data analytics is augmenting amongst the small- and medium-sized enterprises owing to its low price and advanced usability.

According to the report analysis, ‘Big Data and Business Analytics Market by Component (Software and Services), Deployment Model (On-Premise and Cloud), Analytical Tools (Dashboard & Data Visualization, Self-Service Tools, Data Mining & Warehousing, Reporting, and Others), Application (Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics, and Transportation Analytics), and Industry Vertical (Manufacturing, BFSI, Healthcare, Government, Energy & Utility, Transportation, Retail & Consumer Goods, IT & Telecom, Education, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the big data and business analytics market there are several companies which presently operating more effectively for leading the fastest market growth and registering the handsome value of market share around the globe during the short duration while decreasing the weak points of the technology, advancing the specifications of the technology, delivering the better consumer satisfaction, spreading the awareness related to the big data and business analytics, accepting the policies of generating the effective percentage of revenue and studying the strategies of the competitors includes IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, Fair Isaac Corporation, SAS Institute Inc., TIBCO Software Inc., Teradata Corporation, Amazon Web Services, and Hewlett Packard Enterprise Development LP and several others.

The effective growth in the implementation of the big data and business analytics software by several organizations to deliver advanced & speedy decision-making and to deliver the competitive advantage by analyzing and performing upon information in a timely manner propel the growth of the market. In addition, augment in the requirement for the cloud-based big data and business analytics software amongst the small & medium enterprises propels the growth of the market. However, the great implementation price and shortage of the skilled workforce restrict the growth of the market. Furthermore, augment in the requirement to gain better insights for business planning and emerging trends such as social media analytics are predicted to deliver the lucrative opportunities for the growth of the worldwide market.

Nonetheless, the organizations are implementing the big data analytics to boost the sales of the organization; augment efficiency; and advance operations, customer service, and risk management. However, the big data analytics is utilized by researchers, analysts, and business users for faster and better decision-making, using data that was previously inaccessible or unusable. Thus, providing a significant growth in the global big data and business analytics market. Moreover, growth in advance analytics in various organizations and surge in the need to create meaningful insight form unused data drive the growth of the market.

For More Information on the Research Report, refer to below links: -

Global Big Data And Business Analytics Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Significant Advancement in Global Veterinary Imaging Market Outlook: Ken Research

The Veterinary imaging is a division of the veterinary medicine that is effectively optimized to gain the medical images of animals for diagnosis of the syndrome. The imaging systems such as radiography X-ray, ultrasound imaging, MRI, CT imaging, endoscopy imaging, and many others, are utilized to diagnose syndromes in the companion animals, large animals, live-stock animals, and several others.

According to the report analysis, ‘Veterinary Imaging Market by Product Type (Instrument, Reagents, and Others), Animal Type (Companion Animals, Large Animals, and Other Animals), Application (Orthopedics & Traumatology, Oncology, Cardiology, Neurology, and Other Application), and End User (Clinics & Hospitals, Reference Labs, and Other End User): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the worldwide veterinary imaging market there are several companies which recently working more actively for leading the fastest market growth and dominating the handsome value of market share around the globe throughout the upcoming years while spreading the awareness related to the specifications and applications of the veterinary imaging, decreasing the linked cost, increasing the applications of the technologies, delivering the better consumer satisfaction, accepting the profit making strategies and studying the strategies of the competitor’s includes Agfa- Gevaert N.V., Esaote SpA, Fujifilm holdings corp. (Sonosite, Inc.), General Electric (GE Healthcare), IMV Technologies group, (IMV imaging), IDEXX Laboratories, Inc., Mindray Medical International Ltd., MinXray, Inc., Siemens AG, and Toshiba Corporation (Canon Medical Systems Corporation) and several others.  

The veterinary imaging market is predicted to witness the significant growth during the forecast period due to the significant augment in the adoption of companion animals, increase in the animal health awareness, and growth in pervasiveness of animal disease with the surge in expenditure on animal welfare majorly propelling the market growth. In addition, the foremost development in the pet insurance purchase, technological advancements in the veterinary imaging systems, development in the number of veterinary hospitals with foremost increase in the number of veterinary professionals, further maintenances the market growth.

In addition, the worldwide veterinary imaging market was valued at USD 1,620 million in 2018, and is predicted to reach USD 2,651 million by 2026, dominating a CAGR of 6.3%. However, the effective augment in the demand for veterinary diagnostics is projected to fuel the requirement as these devices are primarily utilized for diseases diagnosis. Increasing expenditure on the animal health and pet insurance are predicted to contribute to growing demand. In addition, augmenting the companion animal segment owing to the high implementation of the pets and increase in quantity of the vet practitioners around the world are anticipated to influence the requirement for such systems over the following years.

Not only has this, the growth is accredited to the growing disposable income across several regions which is generating the awareness for better pet care. Furthermore, the increasing concerns for cancer and tumors in small pets is also supporting to growth of the veterinary imaging market across the developed region. However, the Asia Pacific is untapped market and is projected to become a foremost market throughout the future owing to the existence of developing regions such as India and China where the concept of having small pets are becoming progressively popular. Therefore, in the near years, it is anticipated that the market of veterinary imaging will increase around the globe more actively over the coming decades.

For More Information, Click on the Link Below:-

Global Veterinary Imaging Market

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Ken Research                                    

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Rising Investment in Marketplace Companies and Focus on Delivering Personalised Experience to the Customer facilitated the Growth in KSA Online Grocery Market: Ken Research

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• 62% of grocery orders were placed by customers belonging to 25-44 age groups. Population aged between 25 and 44 stood at 13.6 million in 2019.
• More than 70% of online grocery orders are fulfilled in Central and Western Saudi Arabia. Riyadh, Medina and Makkah recognised as major demand and supply regions in the Kingdom.
• Working professional mapped as target audience for online grocery delivery companies in the Kingdom. Male & female working population stood at 10.8 million and 2.5 million respectively in 2019.

Increasing Demand among Working Professionals: The demand for online grocery is rising among working professionals & married couples as they have less time to physically visit a store for grocery shopping. In addition to this, demand for online grocery has increased among the people living independently as they are increasingly outsourcing their chores, such as grocery shopping to reliable vendors online. Approximately 30% of the online grocery buyers are frequent shoppers.

Challenges in Online Grocery Industry: The online grocery industry in KSA faces many challenges such as inventory and logistics management, low profit margins, high customer retention & acquisition cost and inefficient backend system. Even though the internet and smartphone penetration in the region is high, the online grocery penetration is low, signifying slow adoption rate in the industry. Families in KSA are accustomed to visiting hypermarkets and supermarkets with their families for weekly grocery shopping, thereby posing a challenge for online grocery service providers to replicate this experience for the customers.

Technologies Facilitating Business Operations: Service providers in KSA are constantly upgrading themselves to adapt to the needs of the customers. Fleet management software, real time inventory monitoring & business analytics have driven the day to day operations in the industry.  Artificial Intelligence has helped the companies to offer personalise experience to customer.

According to the report by Ken Research titled “KSA Online Grocery Delivery Market Outlook to 2025- Driven by Increasing Working Population, Introduction of Express Delivery and Regional Expansion” the online grocery delivery demand on the basis of GMV was valued at SAR 185 Million in 2019. The industry is at the growth stage and the demand will continue to grow owing to rising internet penetration, regional expansion of local and international players and adoption of AI, region expansion and product portfolio diversification.

Key Segments Covered: -

By Region

Central

Western

Eastern

Southern

Northern

By Product Category

Food & Beverages

Fresh Food

Household Supplies

Beauty and Health

Others

By Mode of Payment

Cash on Delivery

Pre-Delivery Online Payment

Card on Delivery

By Delivery

In a Specific Time Period (Same Day or Next Day)

Express Delivery (30 minutes-2 hours)

Other (2-3 Days or More)

By Age Group

18-24 years

25-34 years

35-44 years

 45+ years

By Gender

Male

Gender

Companies Covered

Nana Direct

Zadfresh

Carrefour

Danube

Qareeb.com

Key Target Audience

Online Grocery Delivery Companies

Supermarkets & Hypermarkets

E-commerce Companies

Food Delivery Companies

Investors and Venture Capitalists

Logistics Companies

Government Organization catering to the FMCG Industry

Time Period Captured in the Report: -

Historical Period: 2017–2019

Forecast Period: 2020-2025

Key Topics Covered in the Report: -

Difference between Online & Offline Grocery Shopping. Why Online Grocery is the Way Forward?

Target Addressable Audience

Supply Ecosystem and Competition Parameters

Demand Scenario, Target Customer and Factor Influencing Consumer Behavior

Process of On Boarding a Grocery Store

Role & Responsibilities of Company and Partner Grocery Store

Gaps & Possible Solutions of Managing Logistics

Factors Influencing Customer Behavior

Seasonality Trends

Features of a Grocery Delivery Application

Technologies Facilitating Online Grocery Delivery Industry

Upcoming Technologies in Online Grocery Delivery Industry

Future Market Trends and Way Forward

Marketing Strategies

Industry Best Practices

Covid-19 Impact on KSA Online Grocery Delivery Market

Analyst Recommendations

For More Information on the Research Report, refer to below links: -

Future of KSA Online Grocery Delivery Market

Related Reports by Ken Research: -

UAE Online Grocery Delivery Market Outlook to 2025- Driven by Increasing Working Population, Introduction of Express Delivery and Regional Expansion

UK Online Retail Market Outlook to 2025 - By Product Categories (Apparel and Footwear, Food and Drink, Media Products, Consumer Electronics and Others), By Desktop and Mobile Mode, By Gender (Male and Female) and By Mode of Payment (Debit+Credit Card, Net Banking and Cash on Delivery)

Taiwan E-Commerce Market Outlook to 2023 - Online Retail (By Product Categories, By Desktop and Mobile, By Gender); Online Travel (By Intermediary and Direct Online Sale and By Desktop and Mobile); Online Payment Gateway Market

Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249