Middle East & Africa B2B Food Marketplace Platform Market Forecast to 2028 - Regional Analysis - by Food Category (Chilled and Dairy, Grocery, Beverages, and Others) and Enterprise Size (SMEs and Large Enterprises)
The Middle East & Africa B2B food marketplace platform market is expected to grow from US$ 1,568.98 million in 2022 to US$ 3,436.00 million by 2028. It is estimated to grow at a CAGR of 14.0% from 2022 to 2028.
Increasing Adoption of E-Commerce Platforms Fuels Middle East & Africa B2B Food Marketplace Platform Market
An increase in online purchasing is attributed to the growing number of online retailers and virtual marketplaces across the world. Small enterprises, c-stores, and e-commerce corporations are increasingly focusing on sophisticated solutions such as marketplace platforms. These platforms assist in efficient and effective management and control of their operations and processes. Lowering cross-border trade barriers throughout the world creates significant opportunities for sellers and enterprises to extend their product reach internationally. E-commerce companies, shopping malls, and other businesses, such as small stores and shops, are turning to online marketplaces to sell their products, which is boosting the B2B food marketplace platform industry.
Middle East & Africa B2B Food Marketplace Platform Market Overview
The Middle East & Africa (MEA) market is segmented into South Africa, the UAE, Turkey, Nigeria, Morocco, and the Rest of MEA. At present, the Gulf countries are steadily inclining toward the adoption of transformative digital technologies in various industry verticals with an objective to develop and enhance the overall socio-economic conditions of the countries. The changing consumer preference is another factor supporting the rise in the use of digital technologies. Thus, the Middle East & Africa B2B food marketplace platforms market across the region is positively influenced by several factors such as a surge in demand for advanced digital technology and optimization of business operations in the food & beverages and food service industries.
The MEA has observed a rapid rise in food production and consumption. The food service industry's growth has led to the increased import of various food items such as vegetables, sugar, fat, meat, wheat, and rice. Thus, due to the increasing demand for convenience and ready-to-cook food products, the need for B2B food marketplace platforms is also growing across the region. Further, owing to the strong cultural influence in the region, the practice of dining out by the local masses is significantly lower compared to other regions. Thus, all these factors are contributing to the growth of the food service industry, which is subsequently propelling the adoption of B2B food marketplace platforms in the region.
Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa B2B Food Marketplace Platform Market Segmentation
The Middle East & Africa B2B food marketplace platform market is segmented into food category, enterprise size, and country.
Based on food category, the Middle East & Africa B2B food marketplace platform market is segmented into chilled and dairy, grocery, beverages, and others. The grocery segment held the largest share of the Middle East & Africa B2B food marketplace platform market in 2022.
Based on enterprise size, the Middle East & Africa B2B food marketplace platform market is segmented into SMEs and large enterprises. The large enterprises segment held a larger share of the Middle East & Africa B2B food marketplace platform market in 2022.
Based on country, the Middle East & Africa B2B food marketplace platform market is segmented int o South Africa, the UAE, Turkey, Nigeria, Morocco, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa B2B food marketplace platform market in 2022.
Agorara (OKNetTV Pty Ltd), Amazon.com Inc, eFoodChoice.com (3 Seasons Technology Co Ltd), and Global Trade Plaza (Webixy Technologies Pvt. Ltd) are some of the leading companies operating in the Middle East & Africa B2B food marketplace platform market.
Increasing Adoption of E-Commerce Platforms Fuels Middle East & Africa B2B Food Marketplace Platform Market
An increase in online purchasing is attributed to the growing number of online retailers and virtual marketplaces across the world. Small enterprises, c-stores, and e-commerce corporations are increasingly focusing on sophisticated solutions such as marketplace platforms. These platforms assist in efficient and effective management and control of their operations and processes. Lowering cross-border trade barriers throughout the world creates significant opportunities for sellers and enterprises to extend their product reach internationally. E-commerce companies, shopping malls, and other businesses, such as small stores and shops, are turning to online marketplaces to sell their products, which is boosting the B2B food marketplace platform industry.
Middle East & Africa B2B Food Marketplace Platform Market Overview
The Middle East & Africa (MEA) market is segmented into South Africa, the UAE, Turkey, Nigeria, Morocco, and the Rest of MEA. At present, the Gulf countries are steadily inclining toward the adoption of transformative digital technologies in various industry verticals with an objective to develop and enhance the overall socio-economic conditions of the countries. The changing consumer preference is another factor supporting the rise in the use of digital technologies. Thus, the Middle East & Africa B2B food marketplace platforms market across the region is positively influenced by several factors such as a surge in demand for advanced digital technology and optimization of business operations in the food & beverages and food service industries.
The MEA has observed a rapid rise in food production and consumption. The food service industry's growth has led to the increased import of various food items such as vegetables, sugar, fat, meat, wheat, and rice. Thus, due to the increasing demand for convenience and ready-to-cook food products, the need for B2B food marketplace platforms is also growing across the region. Further, owing to the strong cultural influence in the region, the practice of dining out by the local masses is significantly lower compared to other regions. Thus, all these factors are contributing to the growth of the food service industry, which is subsequently propelling the adoption of B2B food marketplace platforms in the region.
Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa B2B Food Marketplace Platform Market Segmentation
The Middle East & Africa B2B food marketplace platform market is segmented into food category, enterprise size, and country.
Based on food category, the Middle East & Africa B2B food marketplace platform market is segmented into chilled and dairy, grocery, beverages, and others. The grocery segment held the largest share of the Middle East & Africa B2B food marketplace platform market in 2022.
Based on enterprise size, the Middle East & Africa B2B food marketplace platform market is segmented into SMEs and large enterprises. The large enterprises segment held a larger share of the Middle East & Africa B2B food marketplace platform market in 2022.
Based on country, the Middle East & Africa B2B food marketplace platform market is segmented int o South Africa, the UAE, Turkey, Nigeria, Morocco, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa B2B food marketplace platform market in 2022.
Agorara (OKNetTV Pty Ltd), Amazon.com Inc, eFoodChoice.com (3 Seasons Technology Co Ltd), and Global Trade Plaza (Webixy Technologies Pvt. Ltd) are some of the leading companies operating in the Middle East & Africa B2B food marketplace platform market.
1. INTRODUCTION
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa B2B Food Marketplace Platform Market - by Food category
1.3.2 Middle East & Africa B2B Food Marketplace Platform Market - by Enterprise Size
1.3.3 Middle East & Africa B2B Food Marketplace Platform Market - by Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MIDDLE EAST & AFRICA B2B FOOD MARKETPLACE PLATFORM MARKET LANDSCAPE
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Middle East & Africa
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MIDDLE EAST & AFRICA B2B FOOD MARKETPLACE PLATFORM MARKET - KEY MARKET DYNAMICS
5.1 MARKET DRIVERS
5.1.1 Better Communications Between SMEs and Buyers Due to Smartphones and Tablets
5.1.2 Contract-Based Pricing of Products
5.2 MARKET RESTRAINTS
5.2.1 Reluctance Among Consumers to Shift to Online Buying Platforms
5.3 MARKET OPPORTUNITIES
5.3.1 Innovations in Product Selling Models
5.4 FUTURE TRENDS
5.4.1 Increasing Adoption of E-Commerce Platforms
5.5 Impact Analysis of Drivers and Restraints
6. B2B FOOD MARKETPLACE PLATFORM MARKET - MIDDLE EAST & AFRICA MARKET ANALYSIS
6.1 Middle East & Africa B2B Food Marketplace Platform Market Overview
6.2 Middle East & Africa B2B Food Marketplace Platform Market Forecast and Analysis
7. MIDDLE EAST & AFRICA B2B FOOD MARKETPLACE PLATFORM MARKET - BY FOOD CATEGORY
7.1 Overview
7.2 Middle East & Africa B2B Food Marketplace Platform Market, By Food Category (2021 and 2028)
7.3 Chilled and Dairy
7.3.1 Overview
7.3.2 Chilled and Dairy: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
7.4 Grocery
7.4.1 Overview
7.4.2 Grocery: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
7.5 Beverages
7.5.1 Overview
7.5.2 Beverages: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
8. MIDDLE EAST & AFRICA B2B FOOD MARKETPLACE PLATFORM MARKET - BY ENTERPRISE SIZE
8.1 Overview
8.2 Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise size (2021 and 2028)
8.3 SMEs
8.3.1 Overview
8.3.2 SMEs: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
8.4 Large Enterprises
8.4.1 Overview
8.4.2 Large Enterprises: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
9. MIDDLE EAST & AFRICA B2B FOOD MARKETPLACE PLATFORM MARKET - COUNTRY ANALYSIS
9.1 Overview
9.1.1 Middle East & Africa B2B Food Marketplace Platform Market, by Key Country
9.1.1.1 UAE: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 UAE: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.1.2 UAE: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
9.1.1.2 Morocco: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Morocco: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.2.2 Morocco: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
9.1.1.3 South Africa: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 South Africa: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.3.2 South Africa: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
9.1.1.4 Turkey: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Turkey: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.4.2 Turkey: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
9.1.1.5 Nigeria: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Nigeria: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.5.2 Nigeria: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
9.1.1.6 Rest of MEA: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of MEA: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.6.2 Rest of MEA: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
10. INDUSTRY LANDSCAPE
10.1 Overview
10.2 Market Initiative
11. COMPANY PROFILES
11.1 Amazon.com Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 3 Seasons Technology Co Ltd (efoodchoice.com)
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Oknettv Pty Ltd (Agorara)
11.3.1 Business Description
11.3.2 Products and Services
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 Webixy Technologies Pvt Ltd (Global Trade Plaza)
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. APPENDIX
12.1 About The Insight Partners
12.2 Glossary
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa B2B Food Marketplace Platform Market - by Food category
1.3.2 Middle East & Africa B2B Food Marketplace Platform Market - by Enterprise Size
1.3.3 Middle East & Africa B2B Food Marketplace Platform Market - by Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MIDDLE EAST & AFRICA B2B FOOD MARKETPLACE PLATFORM MARKET LANDSCAPE
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Middle East & Africa
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MIDDLE EAST & AFRICA B2B FOOD MARKETPLACE PLATFORM MARKET - KEY MARKET DYNAMICS
5.1 MARKET DRIVERS
5.1.1 Better Communications Between SMEs and Buyers Due to Smartphones and Tablets
5.1.2 Contract-Based Pricing of Products
5.2 MARKET RESTRAINTS
5.2.1 Reluctance Among Consumers to Shift to Online Buying Platforms
5.3 MARKET OPPORTUNITIES
5.3.1 Innovations in Product Selling Models
5.4 FUTURE TRENDS
5.4.1 Increasing Adoption of E-Commerce Platforms
5.5 Impact Analysis of Drivers and Restraints
6. B2B FOOD MARKETPLACE PLATFORM MARKET - MIDDLE EAST & AFRICA MARKET ANALYSIS
6.1 Middle East & Africa B2B Food Marketplace Platform Market Overview
6.2 Middle East & Africa B2B Food Marketplace Platform Market Forecast and Analysis
7. MIDDLE EAST & AFRICA B2B FOOD MARKETPLACE PLATFORM MARKET - BY FOOD CATEGORY
7.1 Overview
7.2 Middle East & Africa B2B Food Marketplace Platform Market, By Food Category (2021 and 2028)
7.3 Chilled and Dairy
7.3.1 Overview
7.3.2 Chilled and Dairy: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
7.4 Grocery
7.4.1 Overview
7.4.2 Grocery: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
7.5 Beverages
7.5.1 Overview
7.5.2 Beverages: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
8. MIDDLE EAST & AFRICA B2B FOOD MARKETPLACE PLATFORM MARKET - BY ENTERPRISE SIZE
8.1 Overview
8.2 Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise size (2021 and 2028)
8.3 SMEs
8.3.1 Overview
8.3.2 SMEs: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
8.4 Large Enterprises
8.4.1 Overview
8.4.2 Large Enterprises: Middle East & Africa B2B Food Marketplace Platform Market Revenue and Forecast to 2028 (US$ Million)
9. MIDDLE EAST & AFRICA B2B FOOD MARKETPLACE PLATFORM MARKET - COUNTRY ANALYSIS
9.1 Overview
9.1.1 Middle East & Africa B2B Food Marketplace Platform Market, by Key Country
9.1.1.1 UAE: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 UAE: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.1.2 UAE: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
9.1.1.2 Morocco: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Morocco: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.2.2 Morocco: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
9.1.1.3 South Africa: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 South Africa: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.3.2 South Africa: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
9.1.1.4 Turkey: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Turkey: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.4.2 Turkey: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
9.1.1.5 Nigeria: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Nigeria: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.5.2 Nigeria: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
9.1.1.6 Rest of MEA: Middle East & Africa B2B Food Marketplace Platform Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of MEA: Middle East & Africa B2B Food Marketplace Platform Market, By Food Category
9.1.1.6.2 Rest of MEA: Middle East & Africa B2B Food Marketplace Platform Market, By Enterprise Size
10. INDUSTRY LANDSCAPE
10.1 Overview
10.2 Market Initiative
11. COMPANY PROFILES
11.1 Amazon.com Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 3 Seasons Technology Co Ltd (efoodchoice.com)
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Oknettv Pty Ltd (Agorara)
11.3.1 Business Description
11.3.2 Products and Services
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 Webixy Technologies Pvt Ltd (Global Trade Plaza)
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. APPENDIX
12.1 About The Insight Partners
12.2 Glossary
