B2B Food and Beverages E commerce Market Report 2024 (Global Edition)

Global B2B Food and Beverages E commerce Market Report 2024 Market Size Split by Type (Bakery & Confectionery Products, Dairy Products, Snacks & Nutritional Bars, Beverages, Ready-to-Eat Meals, Proces...

B2B Food and Beverages E commerce Market Report Description

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B2B Food and Beverages E commerce Market Insights Video

Competitive Landscape of the B2B Food and Beverages E commerce Market

The market for business-to-business food and beverage e-commerce is very competitive, with numerous competitors striving to set themselves apart through their product offers, technological innovations, customer support, and market penetration. It is anticipated that as the market develops further, competition will increase, spurring industry innovation and consolidation.

July 2023: Hokodo, a well-known European supplier of B2B payment solutions, has announced a new collaboration with Oro, the most widely used platform for B2B digital commerce worldwide. Through this new partnership, Hokodo's payment solutions will be able to seamlessly interact with OroCommerce B2B vendors.

(Source: https://www.hokodo.co/resources/hokodo-and-oro-partnership-brings-simplicity-to-b2b-e-commerce-payments)

Top Companies Market Share in B2B Food and Beverages E commerce Industry: (In no particular order of Rank)

• Cheetah
• Pod Foods
• Maxwholesale
• Choco
• The Chefs Warehouse
• Foodmaven
• Magaloop
• Shopkirana
• Peel-Works
• Jumbotail Technologies Pvt. Ltd
• Sysco Corporation
• Allen Brothers
• Gordon Food Service
• Us Foods
• Performance Foodservice Corporate
• Uw Provision
• Liberterre
• Austin Meat & Seafood
• Colorado Boxed Beef
• Debragga
• Capital Meat
• Hellofresh
• Home Chef
• Goodfood Market Corp
• Freshly
• Mindcurv Gmbh
• Gusto Marketplace
• Agorara
• Ukrainian Food Platform
• Foodstrade
• Sunbasket
• Mindful Chef
• Huimin
• Telio
• Lomond Fine Foods
• Collectiv Food
• Notch
• Foodbyus
• Caternation
• Emerge
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the B2B Food and Beverages E commerce Market

Which Region Dominates the B2B Food and Beverages E commerce Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. North America has a high degree of digital maturity, as seen by its sophisticated e-commerce infrastructure, broad internet adoption, and tech-savvy firms. The food and beverage industry has adopted B2B e-commerce solutions more easily as a result of this digital preparedness, which has made it possible for companies to access a larger choice of online suppliers and products, optimize supply chain operations, and expedite procurement processes.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the B2B Food and Beverages E commerce market. Some of the largest and fastest-growing digital economies in the world are found in the Asia Pacific area, including those of China, India, and Southeast Asian nations. A tech-savvy customer base, increasing internet access, and a high smartphone penetration rate have all contributed to the region's increased adoption of B2B e-commerce solutions, enabling companies to digitize their sourcing procedures and take advantage of online marketplaces.

 

The current report Scope analyzes B2B Food and Beverages E commerce Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America B2B Food and Beverages E commerce

According to Cognitive Market Research, the global B2B Food and Beverages E commerce market size were estimated at USD 225141.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 90056.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the B2B Food and Beverages E commerce market with a market size of USD 71054.56 million in 2024 and is projected to grow at a CAGR of 14.2% during the forecast period. The demand is amplified by the nation's rising investment.
• The Canada B2B Food and Beverages E commerce market had a market share of USD 10806.78 million in 2024 and is projected to grow at a CAGR of 15.2% during the forecast period. Canada's robust investment in digital transformation.
• The Mexico B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 14.9% during the forecast period, with a market size of USD 8195.14 million in 2024.

Europe B2B Food and Beverages E commerce

According to Cognitive Market Research, the global B2B Food and Beverages E commerce market size were estimated at USD 225141.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 67542.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2031.

• The United Kingdom B2B Food and Beverages E commerce market had a market share of USD 11347.12 million in 2024 and is projected to grow at a CAGR of 15.5% during the forecast period. In the UK, B2B Food and Beverages E commerce sales witness an upswing due to the nation's growing expenditure.
• The France B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 13.9% during the forecast period, with a market size of USD 6213.90 million in 2024.
• According to Cognitive Market Research, the Germany B2B Food and Beverages E commerce market size was valued at USD 13373.39 million in 2024 and is projected to grow at a CAGR of 14.9% during the forecast period. In Germany, B2B Food and Beverages E commerce sales surged due to the investment in advanced technology.
• The Italy B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 14.1% during the forecast period, with a market size of USD 5808.64 million in 2024.
• The Russia B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 10469.07 million in 2024.
• The Spain B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 13.8% during the forecast period with a market size of USD 5538.47 million in 2024
• The Luxembourg B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 14.8% during the forecast period, with a market size of USD 2093.81 million in 2024.
• The Portugal B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 14.5% during the forecast period, with a market size of USD 1418.39 million in 2024.
• The Greece B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 810.51 million in 2024.
• Rest of Europe's B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 13.4% during the forecast period, with a market size of USD 10469.07 million in 2024.

Asia Pacific B2B Food and Beverages E commerce

According to Cognitive Market Research, the global B2B Food and Beverages E commerce market size was estimated at USD 225141.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 51782.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2031.

• According to Cognitive Market Research, the China B2B Food and Beverages E commerce market size was valued at USD 23302.11 million in 2024 and is projected to grow at a CAGR of 17.7% during the forecast period. B2B Food and Beverages E commerce sales surge in China due to increasing investment.
• The Japan B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 7145.98 million in 2024.
• The India B2B Food and Beverages E commerce market had a market share of USD 6213.90 million in 2024 and is projected to grow at a CAGR of 20.0% during the forecast period. India's growing investment in online platforms driving the market growth.
• The South Korea B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 17.3% during the forecast period, with a market size of USD 5178.25 million in 2024.
• The Australia B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 17.9% during the forecast period, with a market size of USD 2692.69 million in 2024.
• The South East Asia B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 19.2% during the forecast period, with a market size of USD 3572.99 million in 2024.
• The Rest of the Asia Pacific B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 18.0% during the forecast period, with a market size of USD 3676.56 million in 2024.

South America B2B Food and Beverages E commerce

According to Cognitive Market Research, the global B2B Food and Beverages E commerce market size was estimated at USD 225141.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 11257.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil B2B Food and Beverages E commerce market size was valued at USD 4818.02 million in 2024 and is projected to grow at a CAGR of 16.2% during the forecast period. B2B Food and Beverages E commerce sales flourish in Brazil due to the rising investment in advanced solutions.
• Argentina B2B Food and Beverages E commerce market had a market share of USD 1891.19 million in 2024 and is projected to grow at a CAGR of 16.5% during the forecast period. Argentina's technological advancements augment the demand to drive innovation in the e-commerce industry.
• Colombia B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 15.4% during the forecast period with a market size of USD 1001.88 million in 2024.
• Peru B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 15.8% during the forecast period with a market size of USD 923.08 million in 2024.
• Chile B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 15.9% during the forecast period with a market size of USD 810.51 million in 2024.
• The Rest of Latin America B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 14.7% during the forecast period, with a market size of USD 1812.39 million in 2024.

Middle East and Africa B2B Food and Beverages E commerce

According to Cognitive Market Research, the global B2B Food and Beverages E commerce market size was estimated at USD 225141.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 4502.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.9% from 2024 to 2031.

• The GCC Countries B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 16.7% during the forecast period with a market size of USD 1927.21 million in 2024. B2B Food and Beverages E commerce sales flourish due to the growing investment in 5G infrastructure.
• The Egypt B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 16.2% during the forecast period, with a market size of USD 472.80 million in 2024.
• The South Africa B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 16.9% during the forecast period, with a market size of USD 711.45 million in 2024. B2B Food and Beverages E commerce sales flourish in South Africa due to the rising investment.
• The Turkey B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 15.4% during the forecast period, with a market size of USD 387.24 million in 2024.
• The Nigeria B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 472.80 million in 2024.
• The Rest of MEA B2B Food and Beverages E commerce market is projected to witness growth at a CAGR of 14.9% during the forecast period, with a market size of USD 531.33 million in 2024.

B2B Food and Beverages E commerce Market Analysis

How are Segments Performing in the Global B2B Food and Beverages E commerce Market?

B2B Food and Beverages E commerce Market Type Segment Analysis

According to Cognitive Market Research, Bakery & Confectionery Products stands out as the dominating category. Consumer preferences are evolving, with a rising interest in artisanal, premium, and healthier options. This has resulted in a growing demand for bakery and confectionery items. Businesses may take advantage of these changing customer habits by using B2B e-commerce platforms, which also enable them to provide a greater selection of products to accommodate a range of tastes.

Processed Meats emerge as the fastest-growing category in the B2B Food and Beverages E commerce market. A wider range of customers may now be reached by processed meat suppliers and producers due to the growth of online distribution channels, including business-to-business e-commerce platforms. These marketplaces give companies the chance to effectively communicate with customers, exhibit their product lines, and speed up transaction processing—all of which help the processed meat industry develop in terms of revenue.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of B2B Food and Beverages E commerce Industry. Request a Free Sample PDF!

B2B Food and Beverages E commerce Market Deployment Type Segment Analysis

According to Cognitive Market Research, the dominating category is the Supplier-Oriented Model. Suppliers wishing to expand their reach and exposure on the platform can take advantage of advertising and promotional options provided by the Supplier-Oriented Model. To highlight their goods to a specific audience, suppliers can pay for sponsored listings, banner advertisements, or featured placements, which brings in more money for the platform.

The fastest-growing category in the B2B Food and Beverages E commerce market is the Buyer-Oriented Model. Buyers can pay for value-added services provided by the platform, like supplier performance monitoring, compliance management tools, and procurement analytics. In addition to increasing efficiency, cutting expenses, and streamlining procurement procedures for buyers, these services bring in additional revenue for the platform.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

B2B Food and Beverages E commerce Distribution Channel Segment Analysis

Distribution Channel Segment Analysis

According to Cognitive Market Research, the dominating category is Supermarkets/hypermarkets. Large purchasers in the B2B e-commerce sector for food and beverages include supermarkets and hypermarkets. Through B2B e-commerce platforms, they source a wide range of products from suppliers and distributors, including fresh produce, packaged goods, beverages, and specialized items. Supermarkets and hypermarkets may easily acquire products to fill their shelves and satisfy consumer demand thanks to these platforms, which give them access to a wide range of vendors.

The fastest-growing category in the B2B Food and Beverages E commerce market is Online stores. Businesses can display their goods and services to prospective customers by using the digital storefront that online retailers offer. Buyers may easily browse and compare offerings because of their ability to provide comprehensive product information, pictures, pricing, and specifications.

• Supermarkets/hypermarkets
• Convenience stores
• Specialty stores
• Online stores

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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