Grocery market in Lesotho

The Basotho Grocery eCommerce market is predicted to reach US$1.7 million by 2024 and accounts for 7.6% of the total eCommerce market in Lesotho. 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 17.0%, resulting in a projected market volume of US$3.2 million by 2028. Within the Grocery market ECDB considers the following two sub-markets: Food and Beverages.

Market development

eCommerce revenue development in the Food market in Lesotho

The Basotho Food eCommerce market is predicted to reach US$1.0 million by 2024 and accounts for 58.5% of the Grocery eCommerce market in Lesotho. 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 16.2%, resulting in a projected market volume of US$1.8 million by 2028. The Food eCommerce market is a sub-market of the Grocery market. Further categories within the Grocery market are: Beverages.

eCommerce revenue development in the Food market in Lesotho

in million US$

eCommerce revenue growth in the Food market in Lesotho

in %

Net eCommerce revenue split by sub-category

in %
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 %) 97.3 52.8 57.2 1.4 86.3 79.3 23.0 16.3

Online share

eCommerce online share of the total Food market in Lesotho

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 Basotho Food retail market, the online share is 0.4% and will increase by an average of 8.6% to 0.6% by 2027.

eCommerce online share of the total Food market in Lesotho

in %
2020 2021 2022 2023 2024 2025 2026 2027
Online share (in %) 93.5% 38.5% 60.5% 33.9% 75.1% 18.9% 25.1% 78.3%

Market definition

Definition of the Food market within the Grocery market

Market definition: Grocery > Food The category Food includes the online trade of fresh food (e.g. fruits, vegetables, dairy products), frozen food (e.g. ice creams, frozen pizzas), food cupboard (e.g. noodles, cereals, sweets), and more. Online stores dedicated to the sale of ready-to-eat meal delivery, restaurant pick-up or pet food are not considered. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Fresh food (e.g. fruits, vegetables, dairy products)
  • Frozen food (e.g. ice creams, frozen pizzas)
  • Food cupboard (e.g. noodles, cereals, sweets)
  • Bakery (e.g. bread, cakes, pastries)
  • Meal kits

Out-of-scope

  • Ready-to-eat meal delivery
  • Restaurant pick-up
  • Pet food

Select sub-category

      • Alcoholic Beverages *
        • Beers *
        • Wine & Liquors *
          • Liquors *
          • Wine *
        • Other Alcoholic Beverages *
      • Non-Alcoholic Beverages *
        • Hot Drinks *
          • Coffee *
          • Teas & Other Hot Drinks *
        • Juices *
        • Water *
        • Other Non-Alcoholic Beverages *
      • Baked Goods *
      • Food Cupboard *
        • Baking Supplies *
        • Cereals *
        • Noodles *
        • Nuts & Dried Fruits *
        • Sweets & Chocolate *
        • Other Food Cupboard *
      • Fresh Food *
        • Chilled Food *
        • Dairy Goods *
        • Fruits & Vegetables *
        • Meat & Fish *
        • Other Fresh Food *
      • Frozen Food *
        • Frozen Pizzas *
        • Frozen Ready Meals *
        • Frozen Vegetables *
        • Ice Creams *
        • Other Frozen Food *
      • Meal Kits *

* Not available for the selected country