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2020 Impact Of Covid-19 On The Food And Beverage E-Commerce Market Growth And Trends

The Business Research Company’s Food and Beverage E-commerce Global Market Report 2020-30: Covid 19 Implications and Growth. The report covers market size, key players, market share and trends to 2030.

Food and Beverage E-commerce Global Market Report 2020-30: Covid 19 Implications and Growth is one of a series of new reports from The Business Research Company that provide Food and Beverage E-commerce market overviews, analyze and forecast market size and growth for the whole market, Food and Beverage E-commerce market segments and geographies, Food and Beverage E-commerce market trends, Food and Beverage E-commerce market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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The Food and Beverage (F&B) e-commerce market consists of foods and beverages online sales and related services primarily for household consumption. The food and beverages ecommerce market includes companies involved in processing raw food materials/beverages, packaging, distributing them and have an online portal or an application for their sales. This includes fresh, prepared, packaged foods, and alcoholic and non-alcoholic beverages.

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The global food and beverage e-commerce market is expected to grow from $14.9 billion in 2019 to about $22.4 billion in 2020. Due to the outbreak of COVID-19, most people are now working from home and in self-quarantine. Therefore, they are preferring to purchase food, beverages and other essential groceries online. The market is expected to stabilize and reach $34.6 billion at a CAGR of 23.4% through 2023.

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