Food & Beverages

  • Worldwide
  • Revenue in the Food & Beverages segment is projected to reach US$342,213m in 2021.
  • Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 8.61%, resulting in a projected market volume of US$476,177m by 2025.
  • In the Food & Beverages segment, the number of users is expected to amount to 1,936.9m users by 2025.
  • User penetration will be 16.3% in 2021 and is expected to hit 24.8% by 2025.
  • The average revenue per user (ARPU) is expected to amount to US$278.06.
  • In global comparison, most revenue will be generated in China (US$219,394m in 2021).
  • In the Food & Beverages segment, 3% of total market revenue will be generated through online sales by 2023.
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