Report : Europe B2B Food Market place Platforms
Grocery Segment to Dominate Europe B2B Food Marketplace Platforms Market during 2021–2028
According to a new market research study on “Europe B2B Food Marketplace Platforms Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Enterprise Size and Food Category” is expected to reach US$ 14640.77 million by 2028 from US$ 4820.73 million in 2021. The market is estimated to grow at a CAGR of 17.2% from 2021 to 2028. The report provides trends prevailing in the Europe B2B food marketplace platforms market along with the drivers and restraints pertaining to the market growth. Contractual pricing of the products is the major factor driving the growth of the Europe B2B food marketplace platforms market. However, issues associated with the hesitation among consumers to shift from brick-and mortar shopping to digital channels hinder the growth of Europe B2B food marketplace platforms market.
The market for Europe B2B food marketplace platforms market is segmented into enterprise size, food category, and country. Based on enterprise size, the market is segmented into SMEs and large enterprises. The large enterprises segment dominated the market in 2020 and SMEs segment is expected to be the fastest growing during the forecast period. Based on food category the market is segmented into chilled and dairy, grocery, beverages, and others. The grocery segment dominated the market in 2020 and beverages segment expected to be the fastest growing during the forecast period. Further beverages is bifurcated into water and others. Based on country, the market has been segmented into countries— UK, Germany, France, Italy, Russia, Belgium, and Spain.
The COVID-19 pandemic in Europe has had a diverse impact on various nations, since only a few nations have seen an increase in the number of cases, resulting in stringent, long-term lockdown periods or social isolation standards. Because of their excellent healthcare systems, Western European nations such as Germany, France, Russia, and the United Kingdom have witnessed a comparably slight decline in their growth activities. These countries' governments have made major investments to improve the efficiency and effectiveness of illness diagnosis and treatment. As European individuals are more inclined towards ready-to-cook meal and instant food items, lockdown due to COVID-19 has caused disruption in mentioned supply chain of food items. With business getting resumed and restrictions on supply chain getting eased, the demand for same products will rise.
Agorara, BioLinked, eFoodChoice.com, FOOD FOR SALE, FoodB2BMarketplace.com, FoodsTrade, GUSTO MARKETPLACE, Mindcurv GmbH, and Ukrainian Food Platformare among the leading companies in the Europe B2B food marketplace platforms market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, A food B2B online platform is launched under the name www.efoodchoice.com.
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