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 Oils & Fats market

The global Oils & Fats eCommerce market is expected to increase over the next years. It is predicted to reach US$6,662.5 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 18.2%. The Oils & Fats eCommerce market is a sub-market of the Food market and accounts for 1.9% within this market. Further categories within the Food market are: Bread & Cereal Products, Confectionery & Snacks, Convenience Food, Dairy Products & Eggs, Fish & Seafood, Fruits & Nuts, Meat, Sauces & Spices, Spreads & Sweeteners, and Vegetables.

eCommerce revenue development in the global Oils & Fats market

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 6.2 30.4 68.9 89.0 24.0 68.5 85.0 58.6
AOV (in US$) 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
AOV: Average Order Value CVR: Conversion Rate

Market definition

Definition of the Oils & Fats market within the Food & Personal Care market

Market definition: Food & Personal Care > Food & Beverages > Food > Oils & Fats The category Oils & Fats covers online sales of butter, margarine, edible oils (e.g., olive, sunflower, palm, soybean, and coconut oil), as well as other oils and fats. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Butter
  • Margarine
  • Edible oils
  • Edible animal fats

Out-of-scope

  • Peanut butter

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