The global demand for Online Food Delivery Services Market is presumed to reach the market size of nearly USD 310.02 BN by 2030 from USD 63.92 BN in 2022 with a CAGR of 21.82% under the study period 2023 - 2030.
Online food delivery services are platforms that allow customers to order food from local restaurants or other food establishments through an online website or mobile app. Customers can browse menus, place an order, and pay for their food online without leaving their homes or office. The food is then delivered to the customer's location by a delivery person. These applications also offer different payment options, including credit cards, digital wallets, debit cards, net banking or via cash on delivery (COD). These services also reduce labour expenses, errors, long queues, and waiting time.
The increasing use of smartphones and tablets, and the growing number of people using mobile apps, have made it easier for online food delivery services to connect with customers and process orders, which may drive market growth. Moreover, the increasing trend towards healthier eating is also driving the growth of the online food delivery services market. The global online food delivery services are also driven by hectic lifestyles and rapid urbanisation, leading customers to choose the service increasingly. As more people become accustomed to ordering goods online and delivering them to their doorstep, they are more likely to consider using online food delivery services.
The research 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 an inclusive assessment of each segment in the global market of online food delivery services. The growth and trends of online food delivery services industry provide a holistic approach to this study.
This section of the online food delivery services market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Channel Type
- Mobile Applications
By Payment Method
This section covers the regional outlook, which accentuates current and future demand for the Online Food Delivery Services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Online Food Delivery Services 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 services market include DoorDash Inc., Delivery Hero Group, Just Eat Limited, Uber Technologies Inc., Swiggy, Zomato, Delivery.com LLC, Yelp Inc., Amazon.com Inc., Rappi Inc.. This section consists of 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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