The Report Covers Global B2B E-Commerce Sales and the Market is Segmented by Channel (Direct Sales and Marketplace Sales) and by Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

B2B Information Services Market size was valued at USD 900.02 Million in 2023 and is projected to reach USD 1238.91 Million by 2030, growing at a CAGR of 6.6% during the forecast period 2024-2030.

Global B2B Information Services Market Drivers

The market drivers for the B2B Information Services Market can be influenced by various factors. These may include:

Digital Transformation: One important factor is the continuous digital transformation that is occurring across sectors. In order to simplify operations, businesses are depending more and more on digital platforms and technologies, and B2B information services are essential for supplying the data and insights that are required.

Data analytics and business intelligence: The need for B2B information services has increased due to the growing significance of data-driven decision-making. Businesses are looking for business intelligence and advanced analytics technologies to help them glean insights from massive amounts of data.

Globalisation of Businesses: As companies grow internationally, they need to have precise and thorough knowledge of foreign markets, laws, and rivals. Global coverage B2B information services are highly sought after.

Regulatory Compliance: Organisations must be up to date on compliance obligations due to the constantly shifting regulatory environment. Organisations can better manage complicated compliance challenges by using B2B information services that offer current regulatory information.

Risk Management: Effective risk management is a growing area of concern for businesses. To help businesses reduce operational risks, B2B information services that include risk assessment, market knowledge, and assistance with due diligence are crucial.

Artificial Intelligence and Machine Learning: By incorporating cutting-edge technologies like AI and machine learning into business-to-business information services, businesses can improve their capacity for data analysis, trend prediction, and automated decision-making.

Industry-specific Solutions: Customised B2B information services are becoming more and more popular. Examples of these include healthcare, banking, and manufacturing. These sector-specific solutions assist corporate strategies and offer focused insights.

Demand for Real-time Information: As corporate processes move more quickly, there is an increasing need for real-time information. The value of B2B information services that can provide pertinent and timely data is growing.

Cybersecurity Concerns: Businesses are being increasingly watchful of cybersecurity as cyber threats continue to change. Organisations need B2B information services that provide cybersecurity intelligence and threat assessments in order to safeguard their digital assets.

Economic and Market Trends: The requirement for ongoing observation of economic indicators and market trends stems from variations in the global economy and market dynamics. Businesses are assisted in making wise decisions by B2B information services that offer insights into these variables.

Regardless whether it is for the United States or the global perspective, the revenue found in the B2B payments market was far bigger than in B2C. The global B2B market, for instance, was estimated to be worth around 125 trillion U.S. dollars of which 25 trillion U.S. dollars was located in the United States. Interestingly, it is in the B2C side that most of the developments with digital payments occurred in recent years - such as contactless payments or mobile wallets. This was less so in the B2B segment, where not the payments themselves are the main focus but rather the transaction process, data required to make payments happen, or the administrative workflow. Because B2B payments are more "secluded"/less visible than an in-store payment, less data on this particular segment can be found. This can already be seen with the figures on display here, which are seemingly both on 2018 - despite a 2021 release - but this is not made immediately clear.

In 2023, the share of gross merchandise volume (GMV) of B2B e-commerce transactions in Asia Pacific is projected to amount to 78.9 percent, accounting for the majority of B2B e-commerce GMV worldwide. North America is set to rank second with a 14.6 percent market share. For more information, check out our recent publication B2B e-Commerce - In-depth Market Insights & Data Analysis.

B2B Data Exchange Market size was valued at USD 15 Billion in 2024 and is projected to reach USD 32.15 Billion by 2031, growing at a CAGR of 10% from 2024 to 2031.

The B2B Data Exchange Market is primarily driven by the increasing need for efficient and secure data sharing between businesses. The growing complexity of supply chains, the rise of digital transformation initiatives, and the increasing regulatory compliance requirements are fueling the demand for robust data exchange solutions. Additionally, the advancements in data integration and interoperability technologies are enabling seamless data flow between different systems and organizations. Furthermore, the increasing adoption of cloud-based solutions and API-driven architectures is further propelling the growth of the B2B Data Exchange Market.

The global B2B payments market size was valued at USD 1,189.6 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,189.0 Billion by 2033, exhibiting a CAGR of 7% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 36.7% in 2024. The market is primarily driven by the rising focus on enhancing financial decision-making and strategic planning, the implementation of robust security measures to protect sensitive payment data in transit and at rest, and the extensive utilization of mobile wallets to render payments.

B2B Food Marketplace Platforms Market size was valued at USD 28.14 Billion in 2023 and is projected to reach USD 77.74 Billion by 2030, growing at a CAGR of 16.23% during the forecast period 2024-2030.

Global B2B Food Marketplace Platforms Market Drivers

The market drivers for the B2B Food Marketplace Platforms Market can be influenced by various factors. These may include:

Digitization of the Food Supply Chain: The rise of B2B food marketplace platforms was fueled by the food industry’s desire for streamlined and effective supply chain procedures as well as the growing acceptance of digital technologies. These platforms offer a digital infrastructure via which supply chain actors can communicate, work together, and do business.

Globalisation of the Food Industry: By bringing together customers and sellers from around the globe, B2B food marketplaces enabled worldwide trade. These platforms have grown as a result of the global nature of the food sector and the demand for effective cross-border transactions.

Demand for Transparency and Traceability: The food supply chain’s transparency and traceability were becoming increasingly important to both businesses and consumers. In order to address concerns about food safety and authenticity, B2B food marketplace platforms frequently include tools that allow participants to track the origin and travel of food goods.

Efficiency and Cost Savings: Businesses can save money on operations, expedite the procurement process, and increase overall efficiency with the aid of B2B food marketplaces. These platforms frequently make use of AI and data analytics technology to streamline pricing, shipping, and inventory management.

The rise of online shopping in the food sector: The food industry followed the broader trend of e-commerce expansion, as companies realised the advantages of using online platforms to purchase and sell food products in quantity. Online meeting venues for providers and buyers were provided by B2B food markets.

Changing Customer tastes: The need for adaptable and dynamic B2B food marketplace platforms was influenced by changing consumer tastes, which included a desire for a variety of specialist and unique food goods. These platforms frequently support a large variety of providers and products, meeting the changing needs of customers.

Regulatory Compliance: As the food industry’s standards for food safety, labelling, and documentation increased, companies looked for digital solutions to assist them remain compliant. Marketplaces for business-to-business food sales that included compliance measures were popular.

According to Cognitive Market Research, the global B2B Food and Beverages E commerce market size is USD 225141.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 16.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 90056.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 67542.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 51782.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 11257.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 4502.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.9% from 2024 to 2031.
The Supermarkets/hypermarkets held the highest B2B Food and Beverages E commerce market revenue share in 2024.

Market Dynamics of B2B Food and Beverages E commerce Market

Key Drivers for B2B Food and Beverages E commerce Market

Improved Operational Efficiency & Reduced Costs to Increase the Demand Globally

Within the B2B food and beverage industry, speed and efficiency are critical due to the intense competition and limited shelf lives of many items. A B2B ecommerce channel offers many opportunities for improved efficiencies. One benefit is that it expedites the ordering process for customers, enabling them to place an order with only a few clicks. Additionally, automating through an e-commerce platform lowers the possibility of human errors from your sales force, which frequently sour ties with customers. Automation also reduces the cost of processing orders and simplifies administrative work. Because B2B ecommerce offers lower operating costs, this enables enterprises to sell to smaller, traditionally less profitable clients, thereby gaining more market share.

Technological Advancement to Propel Market Growth

The newest technologies that are assisting organizations in automating procedures, gaining deeper insights into customer behavior, boosting operations, and improving customer experience are artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT). Furthermore, in a setting where competition is escalating, businesses are placing a premium on economy and productivity. By reducing human labor, automating processes, and enhancing supply chain operations, it is anticipated that the tools and solutions offered by B2B e-commerce platforms would encourage market expansion.

Restraint Factor for the B2B Food and Beverages E commerce Market

Complex Supply Chain and Trust Issue to Limit the Sales

The supply chain for food and beverages can be complicated because it involves several parties, perishable goods, and strict regulations. Keeping up with this complexity in an online setting poses logistical, inventory, and quality control issues, also boost market growth. Furthermore, in the food and beverage sector, guaranteeing product quality, safety, and authenticity is essential. In an online marketplace, building confidence between customers and sellers may be difficult, especially when dealing with perishable and delicate items like food and drink.

Impact of Covid-19 on the B2B Food and Beverages E commerce Market

The COVID-19 pandemic has changed industry dynamics and accelerated digital transformation, having a significant impact on the B2B food and beverage e-commerce business. A faster adoption of online procurement solutions has been spurred by the epidemic among enterprises in the food and beverage industry. Businesses now have to go into digital channels to acquire materials, goods, and services because of lockdowns, social distancing policies, and interruptions to traditional supply chains. B2B food and beverage procurement habits have also been impacted by the pandemic's alteration in consumer behavior, which includes a rise in the desire for home delivery and internet shopping. By increasing their online presence, investing in e-commerce capabilities, and providing ...

The global B2B payments market is set to expand from USD 86.51 trillion in 2024 to USD 373.13 trillion by 2037, demonstrating a CAGR of more than 11.9% throughout the forecast period, from 2025 to 2037. Key industry players include Citigroup Inc., TransferWise Ltd., Payoneer Inc., PayPal Holdings Inc., among others.

In 2018, Alibaba accounted for 9.2 percent of worldwide B2B e-commerce GMV. Beijing-based HC360.com had a market share of 4.5 percent. For more information, check out our recent publication Statista Report 2019 - B2B e-Commerce.

The size and share of the market is categorized based on Type (Predictive Analytics Tools, Lead Scoring Tools, CRM Integration Tools, Data Enrichment Tools, ABM Platforms) and Application (Lead Generation, Sales Optimization, Marketing Automation, Customer Insights, B2B Sales) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The global B2B E-commerce in agriculture market was valued at USD 5.5 billion in 2021 and is expected to grow at a CAGR of 8.24% during the forecast period.

The size and share of the market is categorized based on Application (Restaurant, Hotel, Other) and Product (Fresh Food, Processed food, Market) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

B2B Payments Market size was valued at USD 23.39 Billion in 2023 and is projected to reach USD 74.07 Billion by 2031, growing at a CAGR of 15.50% from 2024 to 2031.

B2B Payments Market: Definition/ Overview

B2B (business-to-business) payments are transactions between two companies for goods or services. Unlike consumer payments which involve individuals purchasing goods for personal use, B2B payments are larger, more sophisticated transactions that frequently include additional layers of approval, paperwork, and security.

Consumer-initiated cross-border payments are to grow nearly twice as fast as its B2B counterpart between 2024 and 2032, although remaining small in comparison. This is according to a market model that aims to capture the full size of worldwide international payments, focusing especially on the business side of things. The B2B cross-border payments market, so the source estimates, is to increase by 43 percent with B2B e-commerce being one of the main drivers within this segment. The source described consumer cross-border payments as “a significantly smaller market”, but it did predict this particular market would grow by roughly 80 percent in seven years. Wholesale includes payments performed by banks, investors, and hedge funds. Banks listed several reasons on why they wanted to modernize international transactions, most notably lower costs and reaching new markets. Cross-border payments a bigger market than remittances International transactions covering B2B, B2C, and documentary trade comprised about 80 percent of the total cross-border payments market in Europe, the Middle East, and Africa in 2022. This was for all three areas combined, with no separate figures being available. Remittances — the C2C segment — were worth around 16 billion U.S. dollars that year for the region. Note this includes international business transactions, and does not exclusively cover C2C transactions alone. Commercial-based cross-border payments also outpaced consumer transactions in Asia-Pacific — the region with the highest value of cross-border transactions in the world. Several options to modernize international transactions A big theme for cross-border payments in 2023 is the question of how to help speed up processes and combat international payment system fragmentation. Central banks believed that CBDC held the most promise to make international payments more efficient. The potential of such digital variants of existing FX, such as the U.S. dollar or the euro, was regarded higher than other trends — such as linking real-time payment systems together, the use of stablecoins or the upcoming ISO 20022. Central banks do acknowledge potential legal issues or technical implementations. As this is still very much in testing, the uptake of CBDC worldwide was relatively low in 2023 even in countries which had already launched such a virtual currency.

Global B2B Construction Distribution market size 2025 is $133 Billion whereas according out published study it will reach to $211.982 Billion by 2033. B2B Construction Distribution market will be growing at a CAGR of 6% during 2025 to 2033.

Global B2B Digital Payment Market size is presumed to make it to USD 17.85 billion by 2032, to grow at a CAGR of 14.5% during the forecast period.

The global B2B e-commerce in agriculture market size is expected to reach USD 11.86 Billion by 2030 according to a new study by Polaris Market Research.

Explore the B2B Telecommunication Market trends! Covers key players, growth rate 17.2% CAGR, market size $178.02 Billion, and forecasts to 2034. Get insights now!

According to recent calculations, the worldwide B2B trade show market revenue reached 64.5 billion U.S. dollars in 2021. This figure is expected to further grow to 50.6 billion dollars by the end of 2022, after which the market will start slowing down to reach pre-pandemic levels in 2026. Around 10 percent of the global B2B trade show market is attributed to the United States.