Global Grocery market
The global Grocery eCommerce market is expected to increase over the next years. It is predicted to reach US$455,057.7 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 13.8%. ECDB considers the following two sub-markets within the Grocery market: Food and Beverages. Food is the largest sub-market and accounts for 65.3% of the global Grocery market.
Market development
eCommerce revenue development in the global Sweets & Chocolate market
The global Sweets & Chocolate eCommerce market is expected to increase over the next years. It is predicted to reach US$19,102.1 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 8.5%. The Sweets & Chocolate eCommerce market is a sub-market of the Food Cupboard market and accounts for 21.0% within this market. Further categories within the Food Cupboard market are: Baking Supplies, Cereals, Noodles, Nuts & Dried Fruits, and Other Food Cupboard.
eCommerce revenue development in the global Sweets & Chocolate market
eCommerce revenue growth in the global Sweets & Chocolate market
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 45.9 | 12.6 | 35.7 | 55.8 | 33.6 | 77.8 | 4.3 | 94.4 |
Market definition
Definition of the Sweets & Chocolate market within the Grocery market
Market definition: Grocery > Food > Food Cupboard > Sweets & Chocolate The category Sweets & Chocolate includes the online trade of sweets (e.g. candies, marshmallows, cotton candy, caramel and toffee), chocolates (e.g. chocolate bars, chocolate bonbons, chocolate chips), cookies, and more. This category does not cover cakes and pastries, ice cream or jelly and jam. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Sweets (e.g. candies, marshmallows, cotton candy, caramel and toffee)
- Chocolates (e.g. chocolate bars, chocolate bonbons, chocolate chips)
- Cookies
- Chewing gum
Out-of-scope
- Cakes and pastries
- Ice cream
- Jelly and jam
Market comparison
The Global Sweets & Chocolate market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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