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 Vegetables market
The global Frozen Vegetables eCommerce market is expected to increase over the next years. It is predicted to reach US$4,114.9 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 15.2%. The Frozen Vegetables eCommerce market is a sub-market of the Frozen Food market and accounts for 18.5% within this market. Further categories within the Frozen Food market are: Frozen Pizzas, Frozen Ready Meals, Ice Creams, and Other Frozen Food.
eCommerce revenue development in the global Frozen Vegetables market
eCommerce revenue growth in the global Frozen Vegetables market
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 64.9 | 65.2 | 62.9 | 17.7 | 53.6 | 6.7 | 57.9 | 11.2 |
Market definition
Definition of the Frozen Vegetables market within the Grocery market
Market definition: Grocery > Food > Frozen Food > Frozen Vegetables The category Frozen Vegetables includes the online trade of frozen vegetables (e.g. frozen spinach, frozen broccoli, frozen peas, frozen beans). This category does not cover frozen fruits and frozen french fries and potato products. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Frozen vegetables (e.g. frozen spinach, frozen broccoli, frozen peas, frozen beans)
Out-of-scope
- Frozen fruits
- Frozen french fries and potato products
Market comparison
The Global Frozen Vegetables market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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