
Strategic Intelligence: Food and Grocery Ecommerce
Description
Strategic Intelligence: Food and Grocery Ecommerce
Summary
According to GlobalData, the global food and grocery ecommerce market grew by 11% to $863.1 billion in 2024. It is projected to increase by another 10% in 2025, to reach $947.4 billion. As well as the market still being relatively immature, growth will be driven by improvements in last-mile delivery, rising urbanization and internet penetration, and rising consumer expectations of convenience.
Key Highlights
Summary
According to GlobalData, the global food and grocery ecommerce market grew by 11% to $863.1 billion in 2024. It is projected to increase by another 10% in 2025, to reach $947.4 billion. As well as the market still being relatively immature, growth will be driven by improvements in last-mile delivery, rising urbanization and internet penetration, and rising consumer expectations of convenience.
Key Highlights
- GlobalData expects the online food and grocery market to be worth $1.3 trillion by 2029, growing at a CAGR of 9% between 2024 and 2029.
- Companies are responding to shifting delivery expectations and increasing demands for convenience by adopting q-commerce.
- Delivery is a major battleground for online retailers, with companies competing to offer customers the quickest, safest, cheapest, and most convenient fulfillment options.
- Retailers are increasingly leveraging artificial intelligence (AI), machine learning and vast volumes of customer data to enhance operational efficiency and improve user experiences online.
- China dominates the global food and grocery ecommerce market, growing its share from 48% in 2024 to a projected 51% by 2029.
- GlobalData provides detailed insight into the theme of ecommerce, specifically focusing on the food and grocery sector. The report provides an overview of the food and grocery ecommerce market, the leading companies, and the timeline of developments in food and grocery ecommerce. The report also details the relevant trends across retail, technology, macroeconomic, and regulatory trends.
- Understand the important themes in 2025 and beyond, allowing you to grasp a wider view of changes in consumer behaviour and how it will impact your markets.
- Explore how emerging themes in retail are allowing industry leaders to evolve, so you can better position yourself for long-term success.
- An easy-to-use framework for tracking themes across all companies in all sectors.
- Gain a deeper understanding of the different sectors of retail through unique analysis
- Companies who invest in the right themes become success stories; those who miss the big themes end up as failures.
Table of Contents
50 Pages
- Executive summary
- Players
- Thematic Briefing
- Trends
- Retail trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Industry Analysis
- Market size and growth forecasts
- Timeline
- Value Chain
- Ecommerce as a service
- Marketing
- Customer interface
- Order management
- Transaction processing
- Fulfillment
- After-sales service
- Data analytics
- Companies
- Sector Scorecard
- Glossary
- Further Reading
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Players
- Retail trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- List of Figures
- Total global food & grocery sales and global online food & grocery penetration, 2019-2029e
- Global value of food & grocery ecommerce sales 2019-2029
- Share of grocery ecommerce spending across markets in 2024 and 2029
- How global consumers intend to change how they buy grocery products online, over the next three months (Q1 2025)
- How do you see your lifestyle evolving over the next 3 months for buying grocery products online
- Share of grocery ecommerce sales by country in 2024 and 2029
- Global online food & grocery market shares, 2023 & 2024
- Timeline of food and grocery ecommerce
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