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.
The US, Canada, and Mexico are economies in North America. The 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. 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.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.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the B2B food marketplace platforms market. The North America B2B food marketplace platforms market is expected to grow at a good CAGR during the forecast period.
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North America B2B Food Marketplace Platforms Market Segmentation
North America B2B Food Marketplace Platforms Market – By Enterprise Size
- SMEs
- Large Enterprises
North America B2B Food Marketplace Platforms Market – By Food Category
- Chilled and Dairy
- Grocery
- Beverages
- Water
- Others
- Others
North America B2B Food Marketplace Platforms Market- By Country
- US
- Canada
- Mexico
North America B2B Food Marketplace Platforms Market-Companies Mentioned
- eFoodChoice.com
- FOOD FOR SALE
- FoodMaven
- FoodsTrade
- Ukrainian Food Platform
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Enterprise Size and Food Category
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America B2B Food Marketplace Platforms Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. North America B2B Food Marketplace Platforms – Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Smartphones and Tablets Facilitates Better Communications between SME's and Buyers
5.1.2 Contractual Costing of the Products
5.2 Market Restraints
5.2.1 Unwillingness among Consumers to Shift from Brick-and Mortar Shopping to Digital Channels
5.3 Market Opportunities
5.3.1 Innovation in Product Selling Models by Manufacturers
5.4 Future Trends
5.4.1 Rising Adoption of E-commerce Platforms
5.5 Impact Analysis of Drivers and Restraints
6. B2B Food Marketplace Platforms Market – North America Market Analysis
6.1 North America B2B Food Marketplace Platforms Market Global Overview
6.2 North America B2B Food Marketplace Platforms Market –Revenue and Forecast to 2028 (US$ Million)
7. North America B2B Food Marketplace Platforms Market Revenue and Forecast To 2028 – Enterprise Size
7.1 Overview
7.2 North America B2B Food Marketplace Platforms Market, By Enterprise Size (2020 & 2028)
7.3 Large Enterprises
7.3.1 Overview
7.3.2 Large Enterprises: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
7.4 SMEs
7.4.1 Overview
7.4.2 SMEs: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
8. North America B2B Food Marketplace Platforms Market Analysis and Forecast To 2028 – Food Category
8.1 Overview
8.2 North America B2B Food Marketplace Platforms Market, By Food Category (2020 & 2028)
8.3 Chilled and Dairy
8.3.1 Overview
8.3.2 Chilled and Dairy: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
8.4 Grocery
8.4.1 Overview
8.4.2 Grocery: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
8.5 Beverages
8.5.1 Overview
8.5.2 Beverages: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
8.5.2.1 Water
8.5.2.2 Water: B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
8.5.2.3 Others
8.5.2.4 Others: B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
9. North America B2B Food Marketplace Platforms Market – Country Analysis
9.1 Overview
9.1.1 North America: B2B Food Marketplace Platforms Market, by Key Country
9.1.2 US: B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1 US: B2B Food Marketplace Platforms Market, by Enterprise Size
9.1.2.2 US: B2B Food Marketplace Platforms Market, by Food Category
9.1.2.2.1 US: B2B Food Marketplace Platforms Market, by Beverages
9.1.3 Canada: B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
9.1.3.1 Canada: B2B Food Marketplace Platforms Market, by Enterprise Size
9.1.3.2 Canada: B2B Food Marketplace Platforms Market, by Food Category
9.1.3.2.1 Canada: B2B Food Marketplace Platforms Market, by Beverages
9.1.4 Mexico: B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
9.1.4.1 Mexico: B2B Food Marketplace Platforms Market, by Enterprise Size
9.1.4.2 Mexico: B2B Food Marketplace Platforms Market, by Food Category
9.1.4.2.1 Mexico: B2B Food Marketplace Platforms Market, by Beverages
10. North America B2B Food Marketplace Platforms Market - COVID-19 Impact Analysis
10.1 Overview
11. Industry Landscape
11.1 Market Initiative
11.2 New Development
12. Company Profiles
12.1 eFoodChoice.com
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Ukrainian Food Platform
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 FoodMaven
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 FOOD FOR SALE
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 FoodsTrade
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America B2B Food Marketplace Platforms Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. North America: B2B Food Marketplace Platforms Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: B2B Food Marketplace Platforms Market, by Enterprise Size – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: B2B Food Marketplace Platforms Market, by Food Category – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: B2B Food Marketplace Platforms Market, by Beverages – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: B2B Food Marketplace Platforms Market, by Enterprise Size – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: B2B Food Marketplace Platforms Market, by Food Category – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: B2B Food Marketplace Platforms Market, by Beverages – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: B2B Food Marketplace Platforms Market, by Enterprise Size – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: B2B Food Marketplace Platforms Market, by Food Category – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: B2B Food Marketplace Platforms Market, by Beverages – Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America B2B Food Marketplace Platforms Market Segmentation
Figure 2. North America B2B Food Marketplace Platforms Market Segmentation – By Country
Figure 3. North America B2B Food Marketplace Platforms Market Overview
Figure 4. North America B2B Food Marketplace Platforms Market, by Enterprise Size
Figure 5. North America B2B Food Marketplace Platforms Market, by Food Category
Figure 6. North America B2B Food Marketplace Platforms Market, By Country
Figure 7. North America: PEST Analysis
Figure 8. Expert Opinion
Figure 9. B2B Food Marketplace Platforms Market: Ecosystem Analysis
Figure 10. North America B2B Food Marketplace Platforms Market Impact Analysis of Drivers and Restraints
Figure 11. North America B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America B2B Food Marketplace Platforms Market, by Enterprise Size (2020 & 2028)
Figure 13. North America Large Enterprises: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America SMEs: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America B2B Food Marketplace Platforms Market, By Food Category (2020 & 2028)
Figure 16. North America Chilled and Dairy: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Grocery: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Beverages: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Water: B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Others: B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Others: B2B Food Marketplace Platforms Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America: B2B Food Marketplace Platforms Market, by Key Country-Revenue 2020 (US$ Million)
Figure 23. North America: B2B Food Marketplace Platforms Market Revenue Share, by Key Country (2020 & 2028)
Figure 24. US: B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Canada: B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Mexico: B2B Food Marketplace Platforms Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in North American Country Markets
- eFoodChoice.com
- FOOD FOR SALE
- FoodMaven
- FoodsTrade
- Ukrainian Food Platform
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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