Global Food E-Commerce Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Food E-Commerce Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Food E-Commerce refers to the market where food is sold online, and retailers or brands sell food directly to customers through the Internet.

Market Overview:

The latest research study on the global Food E-Commerce market finds that the global Food E-Commerce market reached a value of USD 224903.86 million in 2022. It’s expected that the market will achieve USD 560544.48 million by 2028, exhibiting a CAGR of 16.44% during the forecast period.

Region Overview:

Geographically, Asia Pacific held the largest market share – 50.84% in 2021.

Company Overview:

Amazon is one of the major players operating in the Food E-Commerce market, holding a share of 7.88% in 2022.

Amazon

Amazon is the largest online e-commerce company in the United States, located in Seattle, Washington. It was one of the first companies to start e-commerce on the Internet. Amazon was founded in 1995. At the beginning, it only operated online book sales. Now it has expanded into a wide range of other products and has become the world's largest online retail product. The company and the world's second largest Internet company, under the company name, also include Alexa Internet, a9, lab126, and Internet Movie Database (IMDB) and other subsidiaries.

Tesco

Tesco PLC, through its subsidiaries, operates as a food retailer. The Company offers online retailing, brick and mortar supermarkets, and a private-label brand of products. Tesco provides its services primarily throughout Europe, with additional activities in Asia.

Segmentation Overview:

By type, Traditional segment accounted for the largest share of market in 2021.

Traditional

Traditional channels include traditional superstores, supermarkets, chain convenience stores, and individual grocery stores. These channels integrate online and offline, reconstructing people, goods, and markets to create a new shopping experience.

Online-Only

Online-Only channels refer to online transactions, which greatly saves shopping time and eliminates shopping fatigue. Secondly, the online store simplifies the intermediate link from the manufacturer to the retailer, saving the rent, labor costs, industrial and commercial water and electricity fees, inventory fees, and other miscellaneous expenses that need to be paid for physical sales sites.

Application Overview:

The market's largest segment by application is the segment Household, with a market share of 87.34% in 2021.

Key Companies in the global Food E-Commerce market covered in Chapter 3:

Peapod
Tesco
JD.com, Inc
Albert Heijn
Walmart
Ocado
Amazon
Kroger
Sainsbury's
E.Leclerc
Rakuten
Target
Carrefour
Costco
Alibaba Group

In Chapter 4 and Chapter 14.2, on the basis of types, the Food E-Commerce market from 2018 to 2029 is primarily split into:

Traditional
Online-Only

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Food E-Commerce market from 2018 to 2029 covers:

Household
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)