Global Food & Personal Care market
The global Food & Personal Care eCommerce market is expected to increase over the next years. It is predicted to reach US$982,467.1 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 13.8%. ecommerceDB considers the following two sub-markets within the Food & Personal Care market: Food & Beverages and Personal Care. Food & Beverages is the largest sub-market and accounts for 59.2% of the global Food & Personal Care market.
Market development
eCommerce revenue development in the global Convenience Food market
The global Convenience Food eCommerce market is expected to increase over the next years. It is predicted to reach US$29,865.6 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 15.6%. The Convenience Food eCommerce market is a sub-market of the Food market and accounts for 8.6% within this market. Further categories within the Food market are: Bread & Cereal Products, Confectionery & Snacks, Dairy Products & Eggs, Fish & Seafood, Fruits & Nuts, Meat, Oils & Fats, Sauces & Spices, Spreads & Sweeteners, and Vegetables.
eCommerce revenue development in the global Convenience Food market
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 6.2 | 30.4 | 68.9 | 89.0 | 24.0 | 68.5 | 85.0 | 58.6 |
| AOV (in US$) | 45.1 | 49.4 | 12.3 | 94.8 | 79.5 | 79.2 | 1.4 | 22.5 |
| CVR (in %) | 6.2 | 30.4 | 68.9 | 89.0 | 24.0 | 68.5 | 85.0 | 58.6 |
Market definition
Definition of the Convenience Food market within the Food & Personal Care market
Market definition: Food & Personal Care > Food & Beverages > Food > Convenience Food The category Convenience Food covers digital sales of a very narrowly defined range of goods, such as ready-to-eat meals and soups. However, it does not include products such as frozen vegetables, freshly prepared salads, and cut fruit. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Ready-to-eat meals
- Soups
Out-of-scope
- Fresh cut salad
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