Global Online Food Delivery Services Market Overview And Prospects – Includes Online Food Marketplace
Learn about the global online food delivery services market through The Business Research Company, which provides information on online food delivery services market size, online food delivery services market drivers and restraints, online food delivery services market players, the COVID-19 impact on the online food delivery services market, and more.
The online food delivery services market size is expected to grow from $182.5 billion in 2020 to $332.8 billion in 2025 at a rate of 12.8%. The online food delivery services market size is then expected to grow at a CAGR of 10.4% from 2025 and reach $545.2 billion in 2030.
The increasing development of IOT devices and features is driving the growth of the online food delivery services market in the forecast period.
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The online food delivery services market consists of sales of online food delivery services by entities (organizations, sole traders and partnerships) that deliver all kinds of cooked or ready to eat food for household consumption that are sold through online mediums. Online food delivery services require customers to order food from a website or other online application and get their food delivered to their door step. The delivery by online food delivery services can follow several processes, such as delivering food ordered directly from restaurants’ websites or through a third-party online delivery site that may feature menus of many different restaurants. Online food delivery service is also known as courier service where the restaurants, stores or third-party online food delivery applications deliver food to consumers on demand.
By Type : Platform-To-Consumer, Restaurant-To-Consumer
By Channel Type: Websites, Mobile Applications
By Payment Method: Cash-On-Delivery, Online Payment
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the global online food delivery services market, accounting for 68.6% of the total in 2021.
The entrance of tech giants into the food delivery platform is a key trend gaining popularity in the online food delivery services market. Tech giants are forming partnerships and collaboration with food delivery companies for seamless delivery of their food. Large tech companies are entering into a joint initiative with food delivery firms to develop high-tech apps and provide high-tech features such as tracking, payment methods and others.
TBRC’s Online Food Delivery Services Market Report Covers:
Major Market Players: Uber Technologies, Inc. (Uber Eats), Meituan Dianping, Just Eat Takeaway.com N.V., Delivery Hero SE, Domino’s Pizza, Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Online Food Delivery Services Market Report 2022 is one of a series of new reports from The Business Research Company that provides online food delivery services market overviews, analyzes and forecasts market size, share, online food delivery services market players, online food delivery services market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s online food delivery services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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