Revenue in the Beverages segment is projected to reach US$88.77bn in 2023.
Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 15.67%, resulting in a projected market volume of US$158.90bn by 2027.
With a projected market volume of US$88,770.00m in 2023, most revenue is generated in the United States.
In the Beverages segment, the number of users is expected to amount to 83.1m users by 2027.
User penetration will be 20.0% in 2023 and is expected to hit 24.1% by 2027.
The average revenue per user (ARPU) is expected to amount to US$1.32k.
The eCommerce market segment Beverages refers to the commercial (B2C) online sale of alcoholic, non-alcoholic, and hot drinks. This market segment covers, for example, the sale of tea, coffee, juices, soft drinks, beer, spirits, and wine via a digital channel. Popular players in the eCommerce beverage market include internet retailers (e.g., amazon.com, jd.com) as well as dedicated groceries and beverage retailers (e.g., flaschenpost.de in Germany, freshdirect.com in the United States, tesco.com in the UK, bigbasket.com in India, boxed.com in the United States). Sales attributable to out-of-home consumption of beverages are not included in this market segment. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
Alcoholic drinks (e.g., beer, wine, spirits)
Hot drinks (tea, coffee, cocoa)
Non-alcoholic drinks (e.g., soft drinks, juices, mineral water)