Top 5 Food Online Marketplaces Worldwide by GMV 2023

Which eCommerce Marketplaces Are the Leaders of Global Food Market by GMV in 2023?

In 2023, the global Food eCommerce market witnessed significant Gross Merchandise Volume (GMV) figures, showcasing the intense competition among the top platforms. Douyin emerged as the market leader with a remarkable GMV of US$65.5 billion, solidifying its position as a dominant player in the industry. Following on the next position, Tmall secured the second spot with a GMV of US$25.6 billion, demonstrating its strong presence in the market. Pinduoduo, Taobao, and Kwai Shop also showcased substantial GMV figures of US$17.1 billion, US$15.2 billion, and US$13.2 billion, respectively. These platforms have successfully capitalized on the growing trend of online food shopping, catering to the evolving needs of consumers worldwide. The data underscores the diverse nature of the Food eCommerce market and the fierce competition among the top players to capture a larger share of the market.

Main Facts: 2023's Top 5 Food eCommerce Marketplaces in global by GMV

• Market Leader: Douyin dominates the worldwide Food market eCommerce with a GMV of US$65.5 billion in 2023, solidifying its position as the top marketplace in this category.
• Runner-Up: Tmall follows closely behind with a GMV of US$25.6 billion, showcasing its strong presence and competitiveness in the global Food market eCommerce.
• Emerging Players: Pinduoduo, Taobao, and Kwai Shop make their mark in the Food market eCommerce with GMVs of US$17.1 billion, US$15.2 billion, and US$13.2 billion respectively, highlighting their growing influence in the industry.