Grocery Technologies H1 2022

We are pleased to present our views on the Grocery Technology landscape, doing so with the aim of helping increase transparency and communication between the companies themselves, as well as financial and strategic investors

Grocery technologies – Key Themes for 2022

• Grocery Tech players serve a ~$12.3TN global food and grocery retail market with a >$17TN opportunity by 2027. Escalating demand for online grocery and food products amidst Covid-19, e-commerce sales growth and growing food processing vertical will further augment the industry outlook.

• Loyalty and digital: Top grocery players have consistently concentrated on developing sticky loyalty programs as well as expanding their digital presence (ecommerce, mobile).

• M&A and private placements: Grocery Tech M&A markets remained busy in 2021 due to favorable market tailwinds, recording 49 notable deals (+48% v2020), grocery delivery and ecommerce section saw bulk of the activity. Total investment activity in the sector increased 4x to $23.3b in 2021 from $6.1b in 2020.