Grocery market in Bangladesh

Market development

eCommerce revenue development in the Frozen Vegetables market in Bangladesh

The Bangladeshi Frozen Vegetables eCommerce market is predicted to reach US$8.9 million by 2024 and accounts for 26.4% of the Frozen Food eCommerce market in Bangladesh. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 32.7%, resulting in a projected market volume of US$27.6 million by 2028. The Frozen Vegetables eCommerce market is a sub-market of the Frozen Food 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 Frozen Vegetables market in Bangladesh

in million US$

eCommerce revenue growth in the Frozen Vegetables market in Bangladesh

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)51.67.723.386.074.06.755.785.4

Online share

eCommerce online share of the total Frozen Vegetables market in Bangladesh

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Bangladeshi Frozen Vegetables retail market, the online share is 1.6% and will increase by an average of 2.1% to 1.7% by 2028.

eCommerce online share of the total Frozen Vegetables market in Bangladesh

in %
20202021202220232024202520262027
Online share (in %)28.6%95.2%50.1%4.6%83.0%82.6%12.4%26.3%

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