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 Fresh Food market
The global Fresh Food eCommerce market is expected to increase over the next years. It is predicted to reach US$142,587.2 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 15.9%. The Fresh Food eCommerce market is a sub-market of the Food market and accounts for 50.9% within this market. Further categories within the Food market are: Baked Goods, Food Cupboard, Frozen Food, and Meal Kits.
eCommerce revenue development in the global Fresh Food market
eCommerce revenue growth in the global Fresh Food market
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 72.6 | 20.0 | 54.0 | 63.2 | 75.2 | 37.7 | 75.2 | 78.1 | ||||
as of Food (in %) | 2.0 | 2.0 | 2.0 | 1.9 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 |
Market definition
Definition of the Fresh Food market within the Grocery market
Market definition: Grocery > Food > Fresh Food The category Fresh Food includes the online trade of fruits, vegetables, meat, and more. This category does not cover canned, frozen and processed food. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Fruits
- Vegetables
- Meat
- Fish
- Dairy
- Chilled Food
Out-of-scope
- Canned, frozen and processed food
Market comparison
The Global Fresh Food market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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