Global Grocery market
The global Grocery eCommerce market is expected to increase over the next years. It is predicted to reach US$417,827.2 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 14.3%. ECDB considers the following two sub-markets within the Grocery market: Food and Beverages. Food is the largest sub-market and accounts for 67.0% of the global Grocery market.
Market development
eCommerce revenue development in the global Food Cupboard market
The global Food Cupboard eCommerce market is expected to increase over the next years. It is predicted to reach US$85,658.5 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 13.5%. The Food Cupboard eCommerce market is a sub-market of the Food market and accounts for 30.6% within this market. Further categories within the Food market are: Baked Goods, Fresh Food, Frozen Food, and Meal Kits.
eCommerce revenue development in the global Food Cupboard market
eCommerce revenue growth in the global Food Cupboard market
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 66.5 | 74.5 | 96.5 | 1.4 | 65.0 | 9.0 | 69.8 | 90.1 | ||||
as of Food (in %) | 2.9 | 3.0 | 3.0 | 2.8 | 2.6 | 2.5 | 2.5 | 2.4 | 2.3 | 2.3 | 2.2 | 2.1 |
Market definition
Definition of the Food Cupboard market within the Grocery market
Market definition: Grocery > Food > Food Cupboard The category Food Cupboard includes the online trade of noodles, cereals, sweets and chocolate, and more. This category does not cover fresh food and frozen food. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Noodles
- Cereals
- Sweets and chocolate
- Nuts and dried fruits
- Baking supplies
Out-of-scope
- Fresh food
- Frozen food
Market comparison
The Global Food Cupboard market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category