Market Share of Latin America Online Grocery Delivery Industry
The Latin American online grocery delivery market is moderately competitive owing to the presence of multiple players. The players in the market are adopting strategies like product innovation, mergers, and acquisitions in order to expand their product portfolios, expand their geographic reach, and primarily to stay competitive in the market.
In July 2022, Future Farm, a Brazilian plant-based food tech startup, will launch a series of restaurant takeovers in Los Angeles to put more plant-based meat on menus. The brand works with the Italian deli Ggiata, the pizza place Prince Street Pizza, the coffee shop Cofax, which has a baseball theme, and the burger takeout place Golden State to make plant-based food.
In March 2022, Wendy's, a fast-food restaurant chain, will expand its operations in Mexico. Wendy's anticipates having "hundreds" of stores in Mexico. In addition to the chain's basic menu, which includes burgers and Frosty desserts, the business is designing a distinct national menu for the country, featuring limited-time deals suited to the Mexican market.
Latin America Online Grocery Delivery Market Leaders
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Walmart Grocery
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Uber Eats
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Cornershop
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Mercadoni
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Rappi
*Disclaimer: Major Players sorted in no particular order
