Market Overview:
The global food e-commerce market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing penetration of internet and smartphones, rising demand for convenience foods, and growing trend of online grocery shopping. In terms of type, the on-premise segment is expected to dominate the market during the forecast period owing to factors such as lower cost and easy availability of infrastructure facilities. However, in terms of CAGR, the Saas segment is projected to grow at a higher rate than other segments during the forecast period. Regionally, North America dominates the global food e-commerce market followed by Europe and Asia Pacific.
Product Definition:
Food e-commerce is the buying and selling of food items and services through electronic channels such as the internet. It has become an important part of the food industry, as it allows for buyers and sellers to connect with each other more easily and efficiently than ever before.
•Increased selection: With food e-commerce, businesses can offer a much wider selection of products than they would be able to in a physical store. This is because they have access to a global marketplace of suppliers.
•Easier comparison shopping: Buyers can compare prices and product information quickly and easily online, which helps them find the best deals on the products they are looking for.
•Convenience: Food e-commerce makes it easy for people to buy what they need without having to leave home. This is especially helpful for those who live in rural areas or who don’t have access to a lot of stores nearby.
On-Premise:
On-premise software is a type of software that is installed and used directly as the source code is being run directly on the server where the application runs. The data entered by users in online forms or databases are not transmitted to any remote location for processing; instead, all data are stored locally on the computer of user's choice. On-premise solutions offer high levels of data security as there are no third-party servers involved in storing or processing information.
Saas:
Saas is short for Software as a Service. It's a delivery model in which the software is hosted remotely and can be accessed from any point. The service provider offers various benefits such as easy installation, cost-effective hosting, regular updates etc., to the end-users.
Application Insights:
The commercial application segment held the largest share of more than 60.0% in 2017. The growth can be attributed to the increasing demand for food products from restaurants and hotels among other food service industries such as healthcare, education, and hospitality. Moreover, e-commerce has enabled small scale vendors to access global markets through online selling without the need for traveling or setting up a physical store at a specific location.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to high internet penetration, presence of a large number of e-commerce companies and strong growth in online food retailing in the U.S., as well as Canada.
The European market for global food e-commerce was valued at USD X billion in 2017.
Growth Factors:
- Increasing urbanization and the consequent growth of the middle class – as incomes rise, there is a corresponding increase in demand for food products that are perceived to be healthier and more convenient.
- The growing popularity of online grocery shopping – this trend is being driven by consumers who appreciate the convenience and time savings offered by online grocery stores, as well as those who are looking for ways to reduce their overall spending on groceries.
- The increasing availability of affordable broadband internet access – this has made it possible for more people to shop online for food items, regardless of where they live.
- The proliferation of smartphones and other mobile devices – these have made it easier for consumers to access information about food products and prices, compare offers from different retailers, and make purchases quickly and easily from anywhere at any time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food E-Commerce Market Research Report
By Type
On-Premise, Saas
By Application
Personal, Commercial
By Companies
Magento, WooThemes, Shopify, PrestaShop, VirtueMart, OpenCart, BigCommerce, osCommerce, Demandware, Yahoo Store, IBM, SAP Hybris, Alibaba Group, Amazon, JD, Walmart, Yihaodian, Womai, Sfbest, Benlai, Tootoo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Food E-Commerce Market Report Segments:
The global Food E-Commerce market is segmented on the basis of:
Types
On-Premise, Saas
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Magento
- WooThemes
- Shopify
- PrestaShop
- VirtueMart
- OpenCart
- BigCommerce
- osCommerce
- Demandware
- Yahoo Store
- IBM
- SAP Hybris
- Alibaba Group
- Amazon
- JD
- Walmart
- Yihaodian
- Womai
- Sfbest
- Benlai
- Tootoo
Highlights of The Food E-Commerce Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-Premise
- Saas
- By Application:
- Personal
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food E-Commerce Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food e-commerce is the online sale of food products. It can include the sale of food items directly to consumers, through third-party sellers, or through an online marketplace.
Some of the key players operating in the food e-commerce market are Magento, WooThemes, Shopify, PrestaShop, VirtueMart, OpenCart, BigCommerce, osCommerce, Demandware, Yahoo Store, IBM, SAP Hybris, Alibaba Group, Amazon, JD, Walmart, Yihaodian, Womai, Sfbest, Benlai, Tootoo.
The food e-commerce market is expected to grow at a compound annual growth rate of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food E-Commerce Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food E-Commerce Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food E-Commerce Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food E-Commerce Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food E-Commerce Market Size & Forecast, 2018-2028
4.5.1 Food E-Commerce Market Size and Y-o-Y Growth
4.5.2 Food E-Commerce Market Absolute $ Opportunity
Chapter 5 Global Food E-Commerce Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Food E-Commerce Market Size Forecast by Type
5.2.1 On-Premise
5.2.2 Saas
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food E-Commerce Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Food E-Commerce Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food E-Commerce Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food E-Commerce Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Food E-Commerce Analysis and Forecast
9.1 Introduction
9.2 North America Food E-Commerce Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Food E-Commerce Market Size Forecast by Type
9.6.1 On-Premise
9.6.2 Saas
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Food E-Commerce Market Size Forecast by Applications
9.10.1 Personal
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Food E-Commerce Analysis and Forecast
10.1 Introduction
10.2 Europe Food E-Commerce Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Food E-Commerce Market Size Forecast by Type
10.6.1 On-Premise
10.6.2 Saas
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Food E-Commerce Market Size Forecast by Applications
10.10.1 Personal
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Food E-Commerce Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food E-Commerce Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Food E-Commerce Market Size Forecast by Type
11.6.1 On-Premise
11.6.2 Saas
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Food E-Commerce Market Size Forecast by Applications
11.10.1 Personal
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Food E-Commerce Analysis and Forecast
12.1 Introduction
12.2 Latin America Food E-Commerce Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Food E-Commerce Market Size Forecast by Type
12.6.1 On-Premise
12.6.2 Saas
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Food E-Commerce Market Size Forecast by Applications
12.10.1 Personal
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Food E-Commerce Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food E-Commerce Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Food E-Commerce Market Size Forecast by Type
13.6.1 On-Premise
13.6.2 Saas
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Food E-Commerce Market Size Forecast by Applications
13.10.1 Personal
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food E-Commerce Market: Competitive Dashboard
14.2 Global Food E-Commerce Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magento
14.3.2 WooThemes
14.3.3 Shopify
14.3.4 PrestaShop
14.3.5 VirtueMart
14.3.6 OpenCart
14.3.7 BigCommerce
14.3.8 osCommerce
14.3.9 Demandware
14.3.10 Yahoo Store
14.3.11 IBM
14.3.12 SAP Hybris
14.3.13 Alibaba Group
14.3.14 Amazon
14.3.15 JD
14.3.16 Walmart
14.3.17 Yihaodian
14.3.18 Womai
14.3.19 Sfbest
14.3.20 Benlai
14.3.21 Tootoo
