Global Online Food Delivery Services Market is valued at approximately USD 57.9 billion in 2022 and is anticipated to grow with a compounded annual growth rate of more than 17.7% over the forecast period 2023-2030. Online Food Delivery Services is a platform where restaurants list their menu in order to deliver food to a large public sitting at their home and office. Rapid Urbanization and Increasing Smartphone Users emerge as to be the growth drivers of the Global Online Food Delivery Services Market.
According to Statista, the degree of urbanization worldwide was at 57% in 2022, which suggests that the Global Online Food Delivery Services Market may grow significantly with the rapid increase of urbanization. According to Statista in 2022, global smartphone mobile network subscriptions reached nearly 6.6 billion and expected to surpass 7.8 billion by 2028, which might boost the food on fingertips market i.e., Global Online Food Delivery Services Market. However, Geographic Location and Health Consciousness may hamper the overall growth of the market. Moreover, Changing Consumer Preferences and Demand for instant food would be the growth opportunities of the market.
The key regions considered for the Global Online Food Delivery Services Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America Region has market dominance in Global Online Food Delivery Services Market owing to the tech-friendly public and inclination towards packed or instant food. Asia Pacific Region is the fastest-growing region. According to the United Nations Population Fund (UNFPA), in July 2022 the Asia Pacific region account for the home of 60% of the total world population approximately 4.3 billion including the world's most populous countries such as India and China which emerge as fastest growing region in the Global Online Food Delivery Services Market.
Major market players included in this report are:
- Zomato Limited
- Delivery Hero
- Just Eat Holdings Limited
- Deliveroo Holdings PLC
- Postmates Inc.
- Takeaway.com Group BV.
- ELEME Inc.
- Foodpanda
- Pizza Hut
- Grubhub Inc.
Recent Developments in the Market:
- In April 2023, Swiggy started taking some serious strategical decisions one of which is charging fees for food orders amid stagnant growth in the online food delivery services to boost the revenue growth of the company.
Global Online Food Delivery Services Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Distribution Channel, Payment Method, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Restaurant-to-Consumers
- Platform-to-Consumers
By Distribution Channel:
- Website/Desktop
- Mobile Application
By Payment Method:
- Cash on delivery
- Online Payment
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Online Food Delivery Services Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Online Food Delivery Services Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Online Food Delivery Services Market, by Distribution Channel, 2020-2030 (USD Billion)
- 1.2.4. Online Food Delivery Services Market, by Payment Method, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Online Food Delivery Services Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Online Food Delivery Services Market Dynamics
- 3.1. Online Food Delivery Services Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rapid Urbanization
- 3.1.1.2. Increasing Smartphone Users
- 3.1.2. Market Challenges
- 3.1.2.1. Geographic Location
- 3.1.2.2. Health Consciousness
- 3.1.3. Market Opportunities
- 3.1.3.1. Changing Consumer Preferences
- 3.1.3.2. Demand for Instant Food
Chapter 4. Global Online Food Delivery Services Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Online Food Delivery Services Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Online Food Delivery Services Market by Type, Performance - Potential Analysis
- 5.3. Global Online Food Delivery Services Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Online Food Delivery Services Market, Sub Segment Analysis
- 5.4.1. Restaurant-to-Consumers
- 5.4.2. Platform-to-Consumers
Chapter 6. Global Online Food Delivery Services Market, by Distribution Channel
- 6.1. Market Snapshot
- 6.2. Global Online Food Delivery Services Market by Distribution Channel, Performance - Potential Analysis
- 6.3. Global Online Food Delivery Services Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
- 6.4. Online Food Delivery Services Market, Sub Segment Analysis
- 6.4.1. Website/Desktop
- 6.4.2. Mobile Application
Chapter 7. Global Online Food Delivery Services Market, by Payment Method
- 7.1. Market Snapshot
- 7.2. Global Online Food Delivery Services Market by Payment Method, Performance - Potential Analysis
- 7.3. Global Online Food Delivery Services Market Estimates & Forecasts by Payment Method 2020-2030 (USD Billion)
- 7.4. Online Food Delivery Services Market, Sub Segment Analysis
- 7.4.1. Cash on Delivery
- 7.4.2. Online Payment
Chapter 8. Global Online Food Delivery Services Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Online Food Delivery Services Market, Regional Market Snapshot
- 8.4. North America Online Food Delivery Services Market
- 8.4.1. U.S. Online Food Delivery Services Market
- 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Distribution Channel breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Payment Method breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Online Food Delivery Services Market
- 8.5. Europe Online Food Delivery Services Market Snapshot
- 8.5.1. U.K. Online Food Delivery Services Market
- 8.5.2. Germany Online Food Delivery Services Market
- 8.5.3. France Online Food Delivery Services Market
- 8.5.4. Spain Online Food Delivery Services Market
- 8.5.5. Italy Online Food Delivery Services Market
- 8.5.6. Rest of Europe Online Food Delivery Services Market
- 8.6. Asia-Pacific Online Food Delivery Services Market Snapshot
- 8.6.1. China Online Food Delivery Services Market
- 8.6.2. India Online Food Delivery Services Market
- 8.6.3. Japan Online Food Delivery Services Market
- 8.6.4. Australia Online Food Delivery Services Market
- 8.6.5. South Korea Online Food Delivery Services Market
- 8.6.6. Rest of Asia Pacific Online Food Delivery Services Market
- 8.7. Latin America Online Food Delivery Services Market Snapshot
- 8.7.1. Brazil Online Food Delivery Services Market
- 8.7.2. Mexico Online Food Delivery Services Market
- 8.8. Middle East & Africa Online Food Delivery Services Market
- 8.8.1. Saudi Arabia Online Food Delivery Services Market
- 8.8.2. South Africa Online Food Delivery Services Market
- 8.8.3. Rest of Middle East & Africa Online Food Delivery Services Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Zomato Limited
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. Delivery Hero
- 9.3.3. Just Eat Holdings Limited
- 9.3.4. Deliveroo Holdings PLC
- 9.3.5. Postmates Inc.
- 9.3.6. Takeaway.com Group BV.
- 9.3.7. ELEME Inc.
- 9.3.8. Foodpanda
- 9.3.9. Pizza hut
- 9.3.10. Grubhub Inc.
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption