The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

An increase in smartphone users are expected to drive innovation in food and beverages ecommerce manufacturing, thus driving the market during the forecast period.

The global food and beverages ecommerce market is expected to grow from $57.09 billion in 2022 to $69.77 billion in 2023 at a compound annual growth rate (CAGR) of 22.2%. The global food & beverages e-commerce market size is expected to grow to $140.42 billion in 2027 at a CAGR of 19.1%.

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Global food and beverages ecommerce Market Segments Include:

• By Type: Grocery Delivery And Pickup, DTC Products, Meal Kits and Fresh Ready-To-Eat Meals, Restaurant Meal Delivery
• By Delivery Channel: Store Pick-Up, Home Delivery
• By End Users: Households, Businesses
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global food and beverages ecommerce market in 2021.

Major Market Players in the food and beverages ecommerce market include Amazon Fresh, Peapod, Google Express, Walmart, Pepsi Co., General Mills, Nature Box, Thrive Market, Costco, and Kroger.

With an increase in technology and changing human interaction with any product or service, online shopping and web surfing for Food & Beverage (F&B) products or services is diurnal. This is positively affecting F&B e-commerce. In 2022, there were 2.14 billion online shoppers which accounted for 27% of total world population. 80% of consumers prefer detailed information about purchases and consider this crucial to making buying decisions. Hence, this trend will boost and increase the scope for online food and beverage businesses.

The Food And Beverages ECommerce Global Market Report 2023  provides a food and beverages ecommerce market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The food and beverages ecommerce market forecast analyzes food and beverages ecommerce market size, food and beverages ecommerce market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The food and beverage (F&B) e-commerce refers to online sales of food and beverage and related services, primarily for household consumption. The food and beverage eCommerce comprises of processing raw food materials and beverages, packaging, distributing them, and having an online portal or application for their sales.

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