Food E-Commerce Market Size, Share, Trend, Forecast, & Industry Analysis 2029


Posted July 21, 2023 by Rushikeshmaximize

Food e-commerce refers to the sale of items by food companies through an online store or e-commerce platform. Fresh and non-perishable foods, as well as everyday and specialist items, are included.
 
Food E-Commerce Market was valued at US$ 237.23 Mn. in 2022 and it is expected to reach US$ 865.03 Mn. by 2029, at a CAGR of 20.3% through out the forecast period.

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Food E-Commerce Market Overview:

The purpose of this study is to provide a thorough examination of the Food E-Commerce market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Food E-Commerce market’s growth. The study also offers a comprehensive analysis of the market’s value chain.

Market Scope:

The research method used to assess and anticipate the Food E-Commerce market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Food E-Commerce market was calculated using the revenue of significant enterprises.

Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

Drivers:

Several important reasons have contributed to the enormous expansion and transformation of the food e-commerce business in recent years. First and foremost, customers now have access to a broad digital landscape thanks to the increasing prevalence of the internet and the mass usage of smartphones, making it simpler and more convenient for them to buy for food online. The need for online food buying platforms has increased as a result of this change in customer behaviour.

Segmentation:

Food Type


foods which require refrigeration are known as perishables. Non-perishable goods, on the other hand, take an extremely long time to spoil and do not require refrigeration. These are significant distinctions. Let's take a look at which foods are perishable. There will be spoilers ahead. Two things can happen when food gets bad. First, pathogen bacteria, which are germs that cause foodborne diseases, could be multiplying. Eating these will make you sick and may even kill you. Second, spoilage bacteria, which are germs that decompose or decay food, damaging the flavor, color, or fragrance, could be forming.

By End users Segment

the household food percentage of total expenditure is generally useful, Because of its susceptibility to food price swings, especially for staple goods. This measure also has the advantage of being derived from HCES data, which are often nationally representative. One shortcoming of this indicator is that it may underestimate the food spending share if survey data does not fully represent the value of home production. Because HCES data collection varies by country, differences in food and non-food expenditure definitions, as well as the inclusion (or removal) of consumption from own production and consumption away from home, may restrict the indicator's comparability.

1 Global Food E-Commerce Market, by Food Type (2022-2029)
• Perishable
• Non-Perishable

2 Global Food E-Commerce Market, by Distribution Channel (2022-2029)
• Store Pick-up
• Home Delivery

3 Global Food E-Commerce Market, by Type (2022-2029)
• Grocery delivery
• Pickup
• Others

4 Global Food E-Commerce Market, by End Users (2022-2029)
• Households
• Business

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Key Players:

The major players covered in the Food E-Commerce market report are

1. Amazon Fresh
2. Peapod
3. Google Express
4. Walmart
5. Pepsi Co
6. General Mills
7. Nature Box
8. ThrivMarket
9. Costco
10. Kroger
11. Publix.com
12. Tasty
13. Chef’D
14. Instacart
15. Shipt
16. Atkins
17. Hellofresh
18. Bakerdays

Key Questions Answered in the Food E-Commerce Market Report are:

Which segment grabbed the largest share in the Food E-Commerce market?
How was the competitive scenario of the Food E-Commerce market in 2020?
Which are the key factors responsible for the Food E-Commerce market growth?
Which region held the maximum share in the Food E-Commerce market in 2020?


COVID-19 Impact Analysis on Food E-Commerce Market:

Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Food E-Commerce market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Food E-Commerce industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.

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Issued By rushikeshmaximize
Business Address MAXIMIZE MARKET RESEARCH PVT. LTD. ⮝ 444 West Lake Street, Floor 17, Chicago, IL, 60606, USA.
Country India
Categories Food
Tags food ecommerce market , food ecommerce market analysis , food ecommerce market size , food ecommerce market growth
Last Updated July 21, 2023