The global demand for Online Food Delivery Market is presumed to reach the market size of nearly USD 564.02 Billion by 2032 from USD 243.35 Billion in 2023 with a CAGR of 9.79% under the study period 2024 - 2032.
Online food delivery refers to a method of ordering and delivering food items to the consumer at their doorstep who have ordered through various food delivery apps and websites. By using this platform, consumer can search the restaurant, choose from available items, select the payment method and confirm the order. As it is benefiting both, online food delivery is acquiring popularity among both food provider and consumer.
Market Dynamics
Rising penetration of smartphone and internet connection is one of the major factors driving the market growth. Besides this, online food delivery offers various benefits to the service provider as well and one of them are saving in labor cost, rent and other operational cost. In addition to this, this platform can also help to keep the customer information that can be useful for making promotional strategies.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of online food delivery.
Market Segmentation
The entire online food delivery market has been sub-categorized into platform type, business model, and payment done. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
- Restaurant To Consumer
- Platform To Consumer
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for online food delivery market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Online Food Delivery Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Online Food Delivery market include Delivery Hero SE, DoorDash, Domino's Pizza Inc., Ele.me (Alibaba Group Holding Limited), Grubhub, McDonald's, Deliveroo, Papa John's International Inc., Pizza Hut, Just Eat Takeaway.com, Uber Technologies Inc., Waiter.com Inc., Zomato Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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