• The global Food E-Commerce market size was valued at US$ 347.80 billion in 2024 and is projected to reach US$ 686.50 billion by 2030, at a CAGR of 12.0% during the forecast period 2024-2030.
• The United States Food E-Commerce market size was valued at US$ 92.1 billion in 2024 and is projected US$ 174.6 billion by 2030, at a CAGR of 11.2% during the forecast period 2024-2030.
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• In 2024, online grocery sales accounted for 55% of the market, with meal kit delivery services growing at 14.5% annually. The industry is seeing significant innovation in AI-powered personalized shopping experiences, improving customer retention rates by 25%.
• There's growing demand for ultra-fast delivery options, with 30-minute delivery now available in 40% of major urban areas. Companies are developing advanced cold chain logistics solutions, reducing food waste in transit by up to 30%. The market is benefiting from the integration of voiceactivated ordering and smart home devices. Challenges include managing perishable inventory and addressing concerns about product quality and freshness. The US market leads in technological innovation, particularly in predictive analytics for demand forecasting and route optimization.
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