Global Grocery market
The global Grocery eCommerce market is expected to increase over the next years. It is predicted to reach US$413,214.6 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 9.3%. ECDB considers the following two sub-markets within the Grocery market: Food and Beverages. Food is the largest sub-market and accounts for 63.4% of the global Grocery market.
Market development
eCommerce revenue development in the global Ice Creams market
The global Ice Creams eCommerce market is expected to increase over the next years. It is predicted to reach US$5,355.0 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 6.3%. The Ice Creams eCommerce market is a sub-market of the Frozen Food market and accounts for 26.1% within this market. Further categories within the Frozen Food market are: Frozen Pizzas, Frozen Ready Meals, Frozen Vegetables, and Other Frozen Food.
eCommerce revenue development in the global Ice Creams market
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the global Ice Creams market
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 24.3 | 27.0 | 95.5 | 50.7 | 83.8 | 19.2 | 27.4 | 15.3 |
| AOV (in US$) | 70.1 | 61.0 | 40.3 | 94.1 | 77.6 | 17.6 | 33.5 | 37.8 |
| CVR (in %) | 24.3 | 27.0 | 95.5 | 50.7 | 83.8 | 19.2 | 27.4 | 15.3 |
Market definition
Definition of the Ice Creams market within the Grocery market
Market definition: Grocery > Food > Frozen Food > Ice Creams The category Ice Creams includes the online trade of ice creams (e.g. dairy ice creams, sorbets, frozen yogurts, ice cream bars and sandwiches). This category does not cover frozen desserts. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Ice creams (e.g. dairy ice creams, sorbets, frozen yogurts, ice cream bars and sandwiches)
Out-of-scope
- Frozen desserts
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