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The Surge In Smartphone Users Fuels Growth In Food And Beverages E-Commerce Market: Key Factor Driving The Growth In The Food And Beverages E-Commerce Market
"The Food And Beverages E-Commerce Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Food And Beverages E-Commerce Market Size During the Forecast Period?
The size of the food and beverages e-commerce market has expanded drastically in the recent past. An increase from $644.8 billion in 2024 to $752.45 billion in 2025 is projected, with a compound annual growth rate (CAGR) of 16.7%. This historic growth can be linked to several factors, notably the increase in the production and consumption of clean-label, organic, and non-gmo products, a surge in alcohol consumption, a rise in pet ownership among the gen z and gen y populace, robust economic progression in budding markets, the effect of a heightened demand for processed foods, growing awareness towards the benefits of organic products and a mounting number of consumers becoming health-conscious.
Expectations are high for swift expansion in the size of the food and beverages e-commerce market in the coming years, with forecasts predicting growth to $1481.29 billion by 2029, reflecting a compound annual growth rate (CAGR) of 18.5%. The growth anticipated during this period is likely the result of factors such as increased penetration of organized retail, growing demand for ready-to-eat items, accelerated economic development, and a rising global population. Key trends forecasted for this period include a focus on incorporating natural ingredients into products to cater to health conscious consumers, offering functional beverages to provide hydration and nutritional benefits, catering to rising demand through focus on micro-distilled/artisan spirits, using high-pressure pasteurization techniques to maintain nutrients and destroy harmful microorganisms, the offering of clean label products in light of increased health awareness, prioritizing the use of automation and robotics to boost production efficiency, utilization of innovative filter technologies to lessen the harmful elements in cigarettes and improve smoking experience, product offerings on e-commerce platforms, and the use of artisan techniques in the preparation of food and beverages.
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What Are the High-Growth Segments in the Food And Beverages E-Commerce Market?
The food and beverages e-commerce market covered in this report is segmented -
1) By Type: Grocery Delivery And Pickup, Direct-to-Consumer (DTC) Products, Meal Kits And Fresh Ready-To-Eat Meals, Restaurant Meal Delivery
2) By Delivery Channel: Store Pick-Up, Home Delivery
3) By End Users: Households, Businesses
Subsegments:
1) By Grocery Delivery And Pickup: Online Grocery Delivery Services, Click And Collect Services, Subscription-Based Grocery Delivery, Same-Day Delivery Services
2) By Direct-to-Consumer (DTC) Products: Organic And Specialty Foods, Packaged Snacks And Beverages, Health And Wellness Products, Frozen and Prepared Meals
3) By Meal Kits And Fresh Ready-To-Eat Meals: Meal Kit Delivery Services, Pre-Portioned Ingredient Kits, Fresh Prepared Meals for Delivery, Specialty Diet Meal Kits
4) By Restaurant Meal Delivery: On-Demand Food Delivery Services, Restaurant Partnerships For Delivery, Multi-Restaurant Delivery Platforms, Subscription-Based Restaurant Delivery Services
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What Key Drivers Are Expected to Influence Future Food And Beverages E-Commerce Market Growth?
The rise in smartphone ownership has positively influenced global food and beverage (F&B) e-commerce transactions. Foremost online consumers of the F&B sector are smartphone users, and their growing numbers serve to enhance potential online F&B shopping. For instance, Uswitch Limited, a financial conduct authority in the UK, reports that as of February 2023, mobile connections in the UK escalated to 71.8 million, a rise of 3.8% (or roughly 2.6 million) from 2022. By 2025, the UK populace is projected to reach 68.3 million, with smartphones anticipated to be owned by 95% (or approximately 65 million people) of that population. Consequently, the surge in smartphone usage and internet accessibility is propelling the growth of the food & beverage e-commerce sector.
Which Companies Hold the Largest Share Across Different Food And Beverages E-Commerce Market Segments?
Major companies operating in the food and beverages e-commerce market include Walmart Inc, Amazon.com Inc, Koninklijke Ahold Delhaize N.V, Alibaba Group Holding Limited, Target, Kroger, General Mills, PepsiCo, Bigbasket, Swiggy, Zomato, Amazon Fresh, Blink Commerce Private Limited, Meituan, Woolworths Group, ELEME Inc, Dangdang, Vipshop, Amazon China, Flaschenpost SE, Shop.rewe.de, Amazon EU Sarl, Bofrost.de, Cooperative U Enseigne, Auchan Retail France SAS, ITM Alimentaire International SAS, Mercadona.es, Carrefour.es, Coop Sverige AB, MatHem i Sverige AB, Utkonos, Auchan, Sima-Land OOO, Frisco S.A., Auchan Polska Sp. z o.o, emag.ro, Rohlik.cz Finance as, Finestore Distribution S.r.l., Sobeys Inc, Loblaws Inc, Walmart Canada, Costco Wholesale Corporation, Chedraui Group, HelloFresh, Albertsons Companies, Dia ArgentinaInc. S.A., mercadolibre.com.ar, Cencosud Retail SA, Majid Al Futtaim Group, LULU UAE, Souq, Kibsons, Strauss Coffee B.V., Panko Group Ltd., Ecart Internet Services Nigeria Limited, Jumia Nigeria, Drinks.ng, Carrefour Egypt
What Trends Are Driving Growth in The Food And Beverages E-Commerce Market?
The advancement of technology and the evolution of human interaction with goods and services have led to a daily trend of online shopping and internet browsing for Food & Beverage (F&B) items and services. This trend is catalyzing growth in the F&B e-commerce sector. In 2022, the online shopper base soared to 2.14 billion, making up 27% of the global population. A significant 80% of consumers highly value in-depth information about their prospective purchases and depend on it to make their buying decisions. This pattern is projected to propel and widen the potential for online F&B businesses.
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What Are the Emerging Geographies for The Food And Beverages E-Commerce Market Growth?
North America was the largest region in the food and beverage (F&B) e-commerce market in 2024. Asia-Pacific was the second-largest region in the global food and beverage (F&B) e-commerce market share. The regions covered in the food and beverages e-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Food And Beverages E-Commerce Market?
2. What is the CAGR expected in the Food And Beverages E-Commerce Market?
3. What Are the Key Innovations Transforming the Food And Beverages E-Commerce Industry?
4. Which Region Is Leading the Food And Beverages E-Commerce Market?
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