North America B2B Food Market
No. of Pages: 79 | Report Code: TIPRE00024262 | Category: Technology, Media and Telecommunications
No. of Pages: 79 | Report Code: TIPRE00024262 | Category: Technology, Media and Telecommunications
North America comprises countries such as the US, Canada, and Mexico. The technological advancements and developments have led to a highly competitive market for all industries across North America. The region also attracts several technological developments from various leading investors across the globe. The companies in North America are continuously enhancing their overall business processes to meet the customer demands for delivering high-quality services in the best possible way. Growth of smartphones and tablets facilitates better communications between SME's and buyers is the major factor driving the growth of the North America B2B food marketplace platforms market.
The ongoing pandemic has drastically altered the status of the food & beverage industry and has negatively impacted the growth of the market. The COVID-19 outbreak has distorted operational efficiency and disrupted the value chains due to the sudden closure of national and international boundaries, creating revenue loss and damage. The disruptive value chain has had a negative impact on raw material supply, which, in turn, is impacting the growth of the B2B food marketplace market. However, as the economies are planning to revive their operations, the industry is expected to rise globally. With the growing consciousness towards health amongst consumers and diversification of application bases in post-pandemic times, the B2B food marketplace is expected to take huge leaps.
Strategic insights for the North America B2B Food Marketplace Platforms provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 6079.90 Million |
| Market Size by 2028 | US$ 17305.33 Million |
| Global CAGR (2021 - 2028) | 16.1% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Enterprise Size
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
The geographic scope of the North America B2B Food Marketplace Platforms refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The B2B food marketplace platforms market in North America is expected to grow from US$ 6079.90 million in 2021 to US$ 17305.33 million by 2028; it is estimated to grow at a CAGR of 16.1% from 2021 to 2028. An increase in online purchasing has been attributed to the growing number of online retailers and virtual marketplaces across the world. Small enterprises, c-stores, and e-commerce corporations are increasingly focusing on sophisticated solutions such as marketplace platforms. This is basically to efficiently and effectively manage and control operations and processes. Furthermore, the increasing emphasis on digitization by brick-and-mortar retailers, grocery shops, and start-up firms, as well as revenues from online selling, is augmenting market expansion. Lowering cross-border trade barriers throughout the world is creating significant opportunities for sellers and enterprises, presumably allowing them to increase their product reach across several nations. E-commerce companies, shopping malls, and other businesses such as small stores and shops are turning to online marketplaces to sell their products, which is boosting the B2B food marketplace platform industry.
The market for North America 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 is expected to be the fastest growing during the forecast period. Further beverages is bifurcated into water and others.
A few major primary and secondary sources referred to for preparing this report on the B2B food marketplace platforms market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are eFoodChoice.com, FOOD FOR SALE, FoodMaven, FoodsTrade, and Ukrainian Food Platform among others.
The North America B2B Food Marketplace Platforms Market is valued at US$ 6079.90 Million in 2021, it is projected to reach US$ 17305.33 Million by 2028.
As per our report North America B2B Food Marketplace Platforms Market, the market size is valued at US$ 6079.90 Million in 2021, projecting it to reach US$ 17305.33 Million by 2028. This translates to a CAGR of approximately 16.1% during the forecast period.
The North America B2B Food Marketplace Platforms Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America B2B Food Marketplace Platforms Market report:
The North America B2B Food Marketplace Platforms Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America B2B Food Marketplace Platforms Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America B2B Food Marketplace Platforms Market value chain can benefit from the information contained in a comprehensive market report.
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