South Korea Instant Grocery Market Size & Outlook

The instant grocery market in South Korea is expected to reach a projected revenue of US$ 29,238.7 million by 2030. A compound annual growth rate of 20.3% is expected of South Korea instant grocery market from 2023 to 2030.
Revenue, 2022 (US$M)
$6,667.9
Forecast, 2030 (US$M)
$29,238.7
CAGR, 2023 - 2030
20.3%
Report Coverage
South Korea

South Korea instant grocery market highlights

  • The South Korea instant grocery market generated a revenue of USD 6,667.9 million in 2022 and is expected to reach USD 29,238.7 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 20.3% from 2023 to 2030.
  • In terms of segment, food products was the largest revenue generating product in 2022.
  • Food Products is the most lucrative product segment registering the fastest growth during the forecast period.

Instant grocery market data book summary

Market revenue in 2022USD 6,667.9 million
Market revenue in 2030USD 29,238.7 million
Growth rate20.3% (CAGR from 2022 to 2030)
Largest segmentFood products
Fastest growing segmentFood Products
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFood Products, Non-food Products
Key market players worldwideAmazon.com Inc, Swiggy, Ocado Group PLC, Uber Technologies Inc, Walmart Inc, Delivery Hero SE, Target Corp, DoorDash Inc Ordinary Shares - Class A, blinkit, Instacart

Other key industry trends

  • In terms of revenue, South Korea accounted for 4.5% of the global instant grocery market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China instant grocery market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 26,810.0 million by 2030.

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Instant Grocery Market Companies

Name Profile # Employees HQ Website

South Korea instant grocery market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to instant grocery market will help companies and investors design strategic landscapes.


Food products was the largest segment with a revenue share of 62.35% in 2022. Horizon Databook has segmented the South Korea instant grocery market based on food products, non-food products covering the revenue growth of each sub-segment from 2017 to 2030.


  • South Korea Instant Grocery Product Outlook (Revenue, USD Million, 2017-2030)
    • Food Products
      • Breakfast & Dairy
      • Snacks & Beverages
      • Staples & Cooking Essentials
      • Fresh Produce
      • Others
    • Non-food Products
      • Cleaning Essentials
      • Bath & Body
      • Home Utilities
      • Others

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Target buyers of South Korea instant grocery market databook

  • Our clientele includes a mix of instant grocery market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the South Korea instant grocery market , including forecasts for subscribers. This country databook contains high-level insights into South Korea instant grocery market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea instant grocery market size, by product, 2017-2030 (US$M)

South Korea Instant Grocery Market Outlook Share, 2022 & 2030 (US$M)

South Korea instant grocery market size, by product, 2017-2030 (US$M)

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