B2B (business-to-business) food marketplace platforms are digital platforms that connect food suppliers with buyers such as restaurants, cafes, hotels, and catering companies. These platforms aim to streamline the procurement process, making it easier for businesses to find and purchase the food products they need.
The B2B Food Marketplace Platforms market was valued at US$ 22.7 Bn in 2021 and is projected to reach US$ 71.6 Bn by 2030, at a CAGR of 15.7%.
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The Global B2B Food Marketplace Platforms market is expected to have exponential growth in the forthcoming years. This is due to the market factors affecting the various market components such as vendors, market players, distributors, and more. The rising adoption and proliferation of innovative devices and gadgets is expected to boost the growth in the foreseeable future. The advancement in the telecommunication sector is also propelling the B2B Food Marketplace Platforms market with a wide range of product demand. The instant accessibility demanded by consumers across the globe is also creating colossal changes in the market landscape and consumption pattern.
The competitive landscape of B2B Food Marketplace Platforms market include major players such as:
- Efoodchoice.com
- Mindcurv GmbH
- Jumbotail Technologies Pvt. Ltd.
- DXBUY
- Qwipo (Xavica Software Solutions Private Limited)
- com
- Solv (SCR&T)
- FoodsTrade
- Biolinked
- DeHaat
- MaxAB
- ElasticRun
- udaan
The landscape is saturated with innovation in technology, research and development, mergers and acquisitions, new entrants paving their way and much more. Such factors pose a promising growth opportunity to the whole industry at large.
DRIVING FACTORS
Increased demand for online ordering: The COVID-19 pandemic has accelerated the shift towards online ordering, as businesses sought to reduce the risk of in-person contact. B2B food marketplace platforms have played a crucial role in meeting this demand, allowing businesses to order food products online and have them delivered directly to their door.
Rising demand for transparency and traceability: Consumers and businesses are increasingly demanding transparency and traceability in the food supply chain. B2B food marketplace platforms that can provide detailed information about the origin and quality of food products are therefore in high demand.
Growing interest in sustainable and ethical sourcing: Businesses are becoming more conscious of the environmental and social impact of their procurement decisions. B2B food marketplace platforms that offer sustainably and ethically sourced products are therefore seeing increased demand.
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The B2B Food Marketplace Platforms market is segmented by Organization Size into:
- Large Enterprises
- Small and Medium Enterprises
The B2B Food Marketplace Platforms market is segmented by Food Category into:
- Chilled & Dairy
- Grocery
- Frozen Food
- Bakery
- Beverages
- Others
LATEST TREND
Expansion into new markets: Many B2B food marketplace platforms are expanding into new geographic markets, seeking to connect buyers with suppliers from around the world. This expansion is driven by increasing demand for international food products and a growing interest in global cuisine.
Emphasis on data and analytics: B2B food marketplace platforms are increasingly leveraging data and analytics to provide insights into purchasing patterns, market trends, and product demand. This information can help businesses make more informed procurement decisions and optimize their supply chain operations.
Integration with other systems: B2B food marketplace platforms are integrating with other systems, such as inventory management software and accounting systems, to provide a seamless procurement experience for businesses. This integration helps to streamline the procurement process and reduce the risk of errors and delays.
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REGIONAL INSIGHTS
The global b2b food marketplace platforms market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
- North America: The market is characterized by a high level of competition, with platforms focusing on different niches and specialties to differentiate themselves.
- Europe: The B2B food marketplace platform market in Europe is growing rapidly, driven by increasing demand for sustainable and locally sourced products.
- Asia Pacific: The B2B food marketplace platform market in Asia Pacific is still in its early stages, but is expected to see significant growth in the coming years.
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𝐓𝐀𝐁𝐋𝐄 𝐎𝐅 𝐂𝐎𝐍𝐓𝐄𝐍𝐓𝐒:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On B2B Food Marketplace Platforms Market
Chapter 5. Global B2B Food Marketplace Platforms Market Overview, By Organization Size, 2015 – 2030(USD Million)
Chapter 6. Global B2B Food Marketplace Platforms Market Overview, By Food Category, 2015 – 2030(USD Million)
Chapter 7. Global B2B Food Marketplace Platforms Market Overview, By Geography, 2015 – 2030(USD Million)
Chapter 8. North America B2B Food Marketplace Platforms Market Overview, By Countries, 2015 – 2030(USD Million)
Chapter 9. Europe B2B Food Marketplace Platforms Market Overview, By Countries, 2015 – 2030(USD Million)
….Continued
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