Food & Personal Care market in Bangladesh

Name: eCommerce Market Analytics: Spreads & Sweeteners eCommerce in Bangladesh
Creator: ecommerceDB

The Bangladeshi Food & Personal Care eCommerce market is predicted to reach US$2,833.8 million by 2023 and accounts for 33.6% of the total 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 2023-2027) will be 17.8%, resulting in a projected market volume of US$5,451.6 million by 2027. Within the Food & Personal Care market ecommerceDB considers the following two sub-markets: Personal Care and Food & Beverages.

Overview
Market development
Market definition

Market development

eCommerce revenue development in the Spreads & Sweeteners market in Bangladesh

The Bangladeshi Spreads & Sweeteners eCommerce market is predicted to reach US$14.6 million by 2023 and accounts for 1.2% of the 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 2023-2027) will be 22.1%, resulting in a projected market volume of US$32.5 million by 2027. The Spreads & Sweeteners eCommerce market is a sub-market of the Food market. Further categories within the Food market are: Bread & Cereal Products, Confectionery & Snacks, Convenience Food, Dairy Products & Eggs, Fish & Seafood, Fruits & Nuts, Meat, Oils & Fats, Sauces & Spices, and Vegetables.

eCommerce revenue development in the Spreads & Sweeteners market in Bangladesh

in million US$, in %

Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war

Source: Statista Market Insights, ecommerceDB

	2020	2021	2022	2023	2024	2025	2026	2027
Revenue (in mUS$)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Growth (in %)	90.5	2.5	54.9	0.2	88.4	56.5	94.1	35.5
AOV (in US$)	58.7	97.4	29.4	33.1	17.1	88.0	68.1	53.1
CVR (in %)	90.5	2.5	54.9	0.2	88.4	56.5	94.1	35.5

AOV: Average Order Value CVR: Conversion Rate

Market definition

Definition of the Spreads & Sweeteners market within the Food & Personal Care market

Market definition: Food & Personal Care > Food & Beverages > Food > Spreads & Sweeteners The category Spreads & Sweeteners covers the online sale of jams and marmalade, chocolate spreads, peanut butter, honey, sugar, and artificial sweeteners. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

Jams and marmalade
Chocolate spreads
Peanut butter
Sugar
Honey and artificial sweeteners

Out-of-scope

Other bread spreads
Syrups

Select sub-market

Food & Personal Care
- Food & Beverages
  - Beverages
    - Alcoholic Drinks *
      - Beer *
      - Cider, Perry & Rice Wine *
      - Other Alcoholic Drinks *
      - Spirits *
      - Wine *
    - Hot Drinks
      - Cocoa *
      - Coffee
      - Tea
    - Non-Alcoholic Drinks
      - Bottled Water
      - Juices
      - Other Non-Alcoholic Drinks *
      - Soft Drinks
    - Other Beverages *
  - Food
    - Bread & Cereal Products
    - Confectionery & Snacks
      - Confectionery
      - Other Confectionery & Snacks *
      - Snack Food
    - Convenience Food
      - Ready-to-Eat Meals
      - Soups *
    - Dairy Products & Eggs
    - Fish & Seafood
    - Fruits & Nuts
    - Meat
      - Fresh Meat
      - Processed Meat
    - Oils & Fats
      - Butter *
      - Edible Oils
      - Margarine *
      - Other Oils & Fats *
    - Sauces & Spices
      - Spices & Culinary Herbs *
      - Tomato Ketchup
    - Spreads & Sweeteners
      - Other Spreads & Sweeteners *
      - Spreads
      - Sweeteners
    - Vegetables
      - Fresh Vegetables
      - Processed & Frozen Vegetables
- Personal Care
  - Beauty Care
  - Body Care
  - Eye Care
    - Contact Lenses
    - Spectacle Lenses
  - Hair Care
  - Health Care
    - Analgesics *
    - Cold & Cough Remedies *
    - Digestives & Intestinal Remedies *
    - Hand Sanitizer *
    - Incontinence *
    - Other Health Care
    - Skin Treatment
    - Vitamins & Minerals *
  - Household Care
    - Dishwashing Detergents
    - Household Cleaners
    - Household Paper
    - Laundry Care
    - Other Household Care
    - Paper Tissues *
    - Polishes, Room Scents & Insecticides
    - Toilet Paper
      - Standard Toilet Paper
      - Wet Toilet Paper *
  - Oral Care
  - Other Personal Care
  - Skin Care

* Not available for the selected country