Market Information

    • Revenue in the Food & Beverages segment is projected to reach US$1,920m in 2020.
    • Revenue is expected to show an annual growth rate (CAGR 2020-2024) of 15.3%, resulting in a projected market volume of US$3,395m by 2024.
    • User penetration will be 13.1% in 2020 and is expected to hit 23.6% by 2024.
    • The average revenue per user (ARPU) is expected to amount to US$53.58.
    • In global comparison, most revenue will be generated in China (US$141,081m in 2020).

                   (Source: The Statistica, 2020)

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