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 Frozen Ready Meals market
The global Frozen Ready Meals eCommerce market is expected to increase over the next years. It is predicted to reach US$3,115.1 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 13.9%. The Frozen Ready Meals eCommerce market is a sub-market of the Frozen Food market and accounts for 14.0% within this market. Further categories within the Frozen Food market are: Frozen Pizzas, Frozen Vegetables, Ice Creams, and Other Frozen Food.
eCommerce revenue development in the global Frozen Ready Meals market
eCommerce revenue growth in the global Frozen Ready Meals market
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 51.4 | 37.6 | 1.0 | 64.8 | 50.2 | 11.2 | 36.3 | 85.6 |
Market definition
Definition of the Frozen Ready Meals market within the Grocery market
Market definition: Grocery > Food > Frozen Food > Frozen Ready Meals The category Frozen Ready Meals includes the online trade of frozen ready meals (e.g. frozen lasagna, frozen stir-fry, frozen macaroni and cheese). This category does not cover frozen pizzas and chilled ready meals. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Frozen ready meals (e.g. frozen lasagna, frozen stir-fry, frozen macaroni and cheese)
Out-of-scope
- Frozen pizzas
- Chilled ready meals
Market comparison
The Global Frozen Ready Meals market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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