B2B Food Marketplace Platforms Market Technological Growth Map with an Impact Analysis, 2028.
Posted by niket gore on September 20th, 2022
B2B food marketplace platforms are being propelled forth by an increasing number of small and medium businesses. Small and medium-sized firms are expanding rapidly, particularly in India, South Africa, and Russia. Initiatives such as Make in India and Start-up India have resulted in a growing number of start-ups in nations that use internet marketplace to do business, thereby boosting the market growth. Due to lower communication and infrastructure costs, established organizations and major corporations are gravitating toward the online marketplace. B2B food marketplace platforms allow organizations to reach out to more clients, resulting in essential exposure to the firm. The rising importance of online marketing tools, such as Google advertisements and Facebook advertisements, is also driving the online marketplace. Furthermore, due to the prominence of social media apps, marketing alternatives are aplenty these days, which aid in propelling the online marketplace along development paths.
In addition, the usage of 4G and 5G technologies for robust connection is likely to have a beneficial influence on market growth, as it offers users a continuous, seamless experience. Furthermore, the usage of smartphones is accelerating at a rapid pace, boosting the customer's exposure to online buying. As a result, the increasing use of smartphones is driving market development.
Based on enterprise size, the market is segmented into large enterprises and Sme’s. The large enterprise segment represented the largest share of the overall market in 2021. In terms of food category, the market is segmented into chilled & dairy, grocery, beverages, and others. In 2020, the grocery segment accounted for the substantial share of the market. Geographically, APAC held the largest share of the B2B food marketplace platforms market in 2020, followed by North America and Europe and. Further, the market in Asia Pacific is projected to witness the highest growth rate during the forecast period.
Impact of COVID-19 Pandemic on B2B Food Marketplace Platforms Market
The COVID-19 outbreak has severely disrupted the supply chain and manufacturing of household equipment, including the item published on B2B food marketplace platforms. The emergence of COVID-19 virus across the globe, followed by lockdown scenarios, has led the e-commerce industry experts to analyze that the industry would face at least a quarter of lag in household supply chain. This disruption is expected to create tremors through till mid-2021. The e-commerce industry is likely to pick up pace soon after the governments across the globe lift the various containment measures steadily in order to revive the economy. The production of the household items is anticipated to gain pace from 2022, which is further foreseen to positively influence the B2B food marketplace platforms.
eFoodChoice.com; Mindcurv Gmbh; GUSTO MARKETPLACE; Jumbotail Technologies Pvt. Ltd.; Agorara ; Ukrainian Food Platform; Foodmaven; Telio Vietnam Co., Ltd; Foodb2bmarketplace.Com; FOOD FOR SALE; Foodstrade; and Biolinked are among the major companies operating in the B2B food marketplace platforms market.
The Report Segments The Global B2B Food Marketplace Platforms Market As Follows:
By Enterprise Size
By Food Category
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About the Authorniket gore
Joined: July 6th, 2022
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