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 Hot Drinks market
The global Hot Drinks eCommerce market is expected to increase over the next years. It is predicted to reach US$35,329.6 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 13.8%. The Hot Drinks eCommerce market is a sub-market of the Beverages market and accounts for 15.0% within this market. Further categories within the Beverages market are: Alcoholic Drinks, Non-Alcoholic Drinks, and Other Beverages.
eCommerce revenue development in the global Hot Drinks market
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 73.9 | 85.6 | 45.8 | 97.0 | 80.8 | 9.7 | 81.5 | 95.2 |
AOV (in US$) | 80.1 | 94.8 | 23.7 | 62.9 | 17.2 | 61.6 | 21.6 | 62.7 |
CVR (in %) | 73.9 | 85.6 | 45.8 | 97.0 | 80.8 | 9.7 | 81.5 | 95.2 |
Market definition
Definition of the Hot Drinks market within the Food & Personal Care market
Market definition: Food & Personal Care > Food & Beverages > Beverages > Hot Drinks The category Hot Drinks includes the online sale of coffee, tea, and cocoa. All monetary figures refer to the annual gross revenue and do not factor in shipping costs. Online sales attributable to out-of-home consumption of hot beverages are not included in this market segment. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Roast coffee
- Instant coffee
- Tea
- Cocoa
Out-of-scope
- RTDs derived from coffee, tea, or cocoa (e.g., ice tea)
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