FACTOR-A/DEPT® stands by us as a valuable contact partner for all aspects of Amazon and SEO and supports us in the optimal presentation of our broad product portfolio.
We grow together and face the challenges that successful Amazon handling brings.
The pandemic has kickstarted what is predicted to be exponential growth in the Food & Beverages (F&B) sector, and combined with the improvements and innovations in food packaging technology to extend shelf life, we can expect to see major growth in this industry as a whole. According to the Food Industry Association and NielsenIQ, grocery was the top online Consumer Packaged Goods (CPG) category in 2020, accounting for 44% of all online CPG purchases.
With a global market size of $46.72 billion in 2021, the F&B category will keep expanding to reach $57.09 billion in 2022, the Business Research Company predicts. In the next 5 years the F&B industry will maintain this upward trend at a CAGR of 17.6%, hitting an expected revenue of $109.23 billion in 2026. Among the online food retailers available, Amazon is among the top, with predicted revenue on par with the global rates.
We apply our expertise and knowledge to keep up with the developments in Amazon’s food & beverage category and to help our clients take advantage of the available growth potential and expand and succeed in this sector.