Best Prospects in the Online Food Delivery Services Market and Strategies for Growth – Includes Online Food Delivery Services Market Share
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Major players in the online food delivery services market include Uber Technologies, Inc. (Uber Eats), Meituan Dianping, Just Eat Takeaway.com N.V., Delivery Hero SE, Domino’s Pizza, Inc.
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The online food delivery services market is expected to reach to $332.8 billion in 2025 at a rate of 12.8%. The global 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.
Asia-Pacific was the largest region in the global online food delivery services market.
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.
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 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 Segments:
By Type: Platform-To-Consumer, Restaurant-To-Consumer
By Channel Type: Websites, Mobile Applications
By Payment Method: Cash-On-Delivery, Online Payment
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Online Food Delivery Services Market Report 2022 –Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides an overview of the online food delivery services market globally and regionally, analyzes and forecasts market size, share, online food delivery services market players, online food delivery services market segments, leading competitor revenues, profiles and market shares.
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