B2B Food and Beverages E-commerce Market Size to Expand Lucratively by 2031

Global B2B Food and Beverages E-commerce Market worth $797.3 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Global B2B Food and Beverages E-commerce Market (Deployment Types (Supplier-Oriented Model, Buyer-Oriented Model, Intermediary-Oriented Model), Types (Bakery & Confectionery Products, Dairy Products, Snacks & Nutritional Bars, Beverages, Ready-to-Eat Meals, Processed Meats, Poultry & Seafood, and Other Types))- Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

The Global B2B Food and Beverages E-commerce Market is projected to grow at a compound annual growth rate (CAGR) of 16.97% from 2022 to 2030, from an estimated value of US$ 195.9 billion in 2021 to US$ 797.3 billion by 2030, according to the most recent research by InsightAce Analytic.

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E-commerce's worldwide reach is always growing, as is its importance to developing countries. Digital transformation, which is already a defining feature of the world, is being accelerated by the COVID-19 epidemic, shifting consumer preferences, calls for digital integration, and constantly changing technology. The Importance of e-commerce as a source of competitive advantage for business-to-business (B2B) companies has increased. It assists companies in lowering transaction costs, offering a variety of extra services, and enhancing cooperation with suppliers and customers. Venture capitalists are making large investments in B2B e-commerce platforms because they are drawn to the possibility of high-volume, high-value orders in a market that is a shadow of B2C e-commerce. Bakery and dairy products, processed foods in cans and frozen foods, ready-to-eat meals, diet snacks, processed meat, and beverages are the most widely consumed food and beverage items.
The fast-paced lifestyle of cities has led to a noticeable change in eating habits. The majority of people who live in cities decide to include ready-to-eat meals in their regular diet. Increased affluence, a greater standard of living, and convenience are the main reasons behindthe rise in the consumption of packaged foods and beverages in large cities. Innovative food Industry technology is being used by health and wellness food manufacturers in response to the increased demand for wholesome and portable snacks. Throughout the forecast period, the market is expected to rise due to factors such as the growing demand for ready-to-eat foods, changes in the retail landscape, and the ongoing growth ofthe e-commerce sector. A fundamental shift in customer purchasing habits, along with technological improvements and rising urbanization, is driving the B2B food and beverage e-commerce sector.

Over the course of the projected period,the Asia Pacific region is expected to hold a significant market share. Growing per capita income and an increase in online retail sales may be the causes of the regional expansion. The use of e-commerce for food and beverages in the region is growing due to the growth of the e-commerce sector in developing countries like Japan and India.Furthermore, a fast growing e-commerce industry, changes in food consumption patterns, and the quick adoption of contemporary technologies all significantly contribute to the regional market's expansion. use of e-commerce for food and beverages in the region is growing due togrowth of the e-commerce sector in developing countries like Japan and India.

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Prominent market players in the B2B Food and Beverages E-commerce market are Cheetah, Pod Foods, MaxWholesale, Choco, The Chefs Warehouse, FoodMaven, MagaLoop, ShopKirana, Peel-Works, Jumbotail Technologies Pvt. Ltd., Sysco Corporation, Allen Brothers, Gordon Food Service, US Foods, Performance Foodservice Corporate, UW Provision, LiberTerre, Austin Meat & Seafood, Colorado Boxed Beef, LobsterAnywhere.com, DEBRAGGA, Capital Meat, HelloFresh, Home Chef, Goodfood Market Corp, Freshly, eFoodChoice.com, Mindcurv GmbH, GUSTO MARKETPLACE, Agorara, Ukrainian Food Platform, FoodsTrade Sunbasket, Mindful Chef, Huimin, Telio, Lomond Fine Foods, Collectiv Food, Notch, FoodByUs, CaterNation, Emerge, Supp.li, Biolinked, and Other Prominent Players.

Key Developments in the market:
• In Jan 2022, Cheetah completed a $60 million Series C fundraising round. This round of funding highlights the need and demand for tech-enabled services and assistance for independent eateries and food entrepreneurs suffering since the outbreak. When these independent restaurants are added together, they account for most of the food service business in the United States.
• In May 2022, MagaLoop secured €9 million in investment for its app-based ordering platform that connects independent shops with suppliers. The fresh funds are expected to extend the company's network of independent wholesalers and retailers, as well as to drive significant platform developments.
• In Dec 2021, In a Series C fundraising round headed by Artal Asia, a subsidiary of global equity investment company Invus, Jumbotail raised $85 million. The company utilized the newly injected fund to increase its engineering, product, design, data science, category management, marketing, and finance teams in order to expand to 100 cities in India.
• In Oct 2021, Square Roots and Gordon Food Service will expand their relationship to realize their shared goal of constructing indoor farms across the continent, enabling local food production on a worldwide scale. Gordon Food Service will utilize the smart farm technology platform developed by Square Roots. Inside the farm, Square Roots uses its unique, cloud-connected software to continuously monitor and control numerous climates, allowing its farmers to cultivate a wide array of products to satisfy various local market demands.

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Market Segments
B2B Food and Beverages E-commerce Market, by Deployment Type, 2022-2030 (Value US$ Bn)
• Supplier-Oriented Model
• Buyer-Oriented Model
• Intermediary-Oriented Model

B2B Food and Beverages E-commerce Market, by Types, 2022-2030 (Value US$ Bn)
• Bakery & Confectionery Products
• Dairy Products
• Snacks & Nutritional Bars
• Beverages
• Ready-to-Eat Meals
• Processed Meats
• Poultry & Seafood
• Other Types

B2B Food and Beverages E-commerce Market, by Region, 2022-2030 (Value US$ Bn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America B2B Food and Beverages E-commerce Market, by Country, 2022-2030 (Value US$ Bn)
• U.S.
• Canada
Europe B2B Food and Beverages E-commerce Market, by Country, 2022-2030 (Value US$ Bn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific B2B Food and Beverages E-commerce Market, by Country, 2022-2030 (Value US$ Bn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America B2B Food and Beverages E-commerce Market, by Country, 2022-2030 (Value US$ Bn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa B2B Food and Beverages E-commerce Market, by Country, 2022-2030 (Value US$ Bn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

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This release was published on openPR.