The Global B2B Food Place Platforms Market is reported at USD 70.2 Billion in 2028, and it is projected to grow at a CAGR of 17.0% during the forecast period.

The B2B food marketplace platform market is expected to grow from US$ 30,255 million in 2022 to US$ 74,863 million by 2028; it is expected to grow at a CAGR of 18.2% from 2022 to 2028. B2B food marketplace platforms connect buyers and sellers across the world.

Companies are fast-tracking growth by joining e-commerce platforms as current needs state. Every organization is altering its business models to cope with changing philosophies of the market. For instance, B2B Food Place Platforms Market enables companies tend to more clients and get onto the bandwagon.

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Internet marketing tools like Facebook and Google are gripping the customer vision. This is driving the online market. In addition, new marketing channels are booming as a result of the popularity of social media apps, which helps to fuel the B2B food place platform market. Marketplaces are also booming with vendor lock-ins or customers loyalty.

Thus, technology has resulted in a host of exciting trends with B2B food place platform market connecting the excited new lot of buyers and sellers.

Drivers
Due to the growing number of young populace in many countries, the need for snack-ins and ready-to-cook meals is increasing with changing lifestyles and time running out factor. This feature is expected to enhance the idea of a B2B food marketplace over the next years.

For instance, Pod foods, Choco, Jabu and Buffalo Market have one thing in common. They are all online hyper-marketplaces. Their USP is selling meat, seafoods, bakery, beverages, dairy, fruits and vegetables and more in an online mode.

Digitalization has come into the market with online bug biting everyone. Traditional supermarkets, retailers and the next door grocery store are pleasing customers with huge discounts and easier online payment nodes. The global market is buzzing with a lot of activity and is the happening place with number of global and regional players operating.

Additionally, there is a rising demand for flavored water in supermarkets, and customers stake a lot of their claim to it. As a result, the production of flavored water is growing, which will even further boost the availability of the raw materials needed to make flavored water. For instance, the sales of artificial food coloring would increase and would motivate the flavored water industry in large quantities. This will have a remarkable effect on the progress of the APAC B2B food marketplace platforms market for beverages.

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Segmentation
The B2B food marketplace platforms market is segmented on the basis of enterprise size, food category and region. 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. Large Enterprises are having the financial means to make investments in international marketplaces. As a result, companies are free to create subsidiaries abroad and increase their market share without depending on the domestic market to fuel their growth possibilities.

By geography, the market is segmented into five major regions-North America, Asia Pacific (APAC), Europe, the Middle East & Africa (MEA), and South & Central America (SCAM). Asia Pacific held the cream of the market share in 2020, followed by North America and Europe. Further, the market in Asia Pacific is projected to witness the highest growth rate during the forecast period.

Many companies are big and well-known enough to have a solid reputation for their brands and a strong brand image owing to marketing cloud platform. An eye-catching brand retains customers to boost customer loyalty across the food chains. 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.

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Some of the key players in the market include, Qwipo (Xavica Software Solutions Private Limited), Agorara.com, Solv (SCR&T), Efoodchoice.com, Mindcurv GmbH, Jumbotail Technologies Pvt. Ltd., DXBUY FoodsTrade, Biolinked, DeHaat, MaxAB, ElasticRun, udaan, gramfactory, FoodB2BMarketplace.com, BlueCart, Inc., Ukrainian Food Platform, FoodMaven, and Others.

TOC:
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-Side Trends
1.4. Recommendation and Analysis

TOC CONTINUED…
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