Global Food E-Commerce

Global Food E-Commerce

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The United States and United Kingdom were the first countries to start developing general e-commerce markets in the 1990s as consumers increasingly began to own computers and the first web browser was released. Both countries were at the forefront of the development of the internet, and pure-play e-commerce startups began to appear. These companies were further aided by significant investor interest, in which excessive stock market speculation led to the “dot-com bubble”.

Today, global food e-commerce sales are forecast to nearly triple through 2023. Sales are primarily concentrated in the three largest markets – China, the US, and Japan. China is by far the global leader in food e-commerce sales. Meanwhile, as consumers in the US and Japan have become increasingly familiar with online shopping, grocery vendors have ramped up investment in web-based retailing and fulfillment capabilities, including through the installation of curbside pickup locations, construction of dark stores, and launch of express home delivery services.

This study, Global Food E-Commerce, analyzes the $109 billion global food e-commerce industry. It presents historical demand data (2013 and 2018) and forecasts (2023 and 2028) by region (North America,Western and Eastern Europe, Asia/Pacific, Latin America, and Africa/Mideast)and major national market (US, Canada, UK, Germany, France, China, Japan, South Korea, and India). The study also provides competitive analysis of industry competitors including Ahold Delhaize, Alibaba, Amazon, Carrefour, JD.com,Kroger, Ocado Group, Tesco, and Walmart.