Online Food Delivery Market Size is Set to Reach USD 25 Billion by 2025

According to Goldstein Research, advancement of technology has widened the scope of food delivery services with the support of software solutions. Further, the rising millennial population, increasing penetration of internet and smartphones and the increased space for restaurants and food outlets to grow their customer base through online portals is driving the expansion of global online food delivery market. Additionally, pizza has been the major food type, but even after the evolution of online portals and smartphones, pizza acquires 60% of the total food ordered. Global online food delivery market outlook also includes new business models, technological advancements and capital investment as the key strategies adopted by the major players for the significant expansion of business in developed and as well as in developing countries across the globe. However, the food delivery system face hurdles with the commission and other charges.

Market Segmentation

On the basis of our in-depth analysis, global online food delivery market can be segmented as follows:

  • By Business Model
    • Order Focused Food Delivery System
    • Logistics Focused Food Delivery System
    • Full-Service Food Delivery System
  • By Platform
    • Web Based
    • Application-Based
  • By Food Source
    • Restaurants and Food Outlets
    • Grocery Stores
    • Supermarkets
  • By Payment method
    • Online Payment
    • Cash On Delivery (COD)
  • By Geography
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
    • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}

 

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Global Online food delivery Market Outlook 2024contains the detailed overview of the global online food delivery market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by business model, by platform, by food source, and by payment method.

Further, for the in-depth analysis, Global Online food delivery Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Grab, Delivery Hero, Food Panda, Just Eat, Grub Hub, UberEATS etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global online food delivery market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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