As per the study initiated by Evolve Business Intelligence, the global Online Food Delivery Services market size accounted for USD 71.2 Billion in 2022, growing at a CAGR of 21.3% from 2023 to 2033. The online food delivery services market refers to the segment of the food industry that provides online platforms or mobile applications for ordering and delivering food from restaurants or food establishments to consumers’ doorsteps. These services offer convenience, speed, and a wide variety of food choices to customers who prefer to have meals delivered to their homes or offices. The online food delivery services market has experienced significant growth in recent years, driven by changing consumer preferences, advancements in technology, and increased smartphone penetration. The market size is influenced by factors such as urbanization, busy lifestyles, a desire for convenience, and the COVID-19 pandemic, which accelerated the adoption of food delivery services.
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- The global Online Food Delivery Services Market size was valued at USD 2 billion in 2022 growing at a CAGR of 21.3% from 2023 to 2033.
- North America dominated the market in 2022
- Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Online Food Delivery Services Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Online Food Delivery Services market report also includes the following data points:
- COVID19 Impact on Online Food Delivery Services market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in Online Food Delivery Services market
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Some of the major Online Food Delivery Services players holding high market share include Deliveroo PLC, DoorDash Inc., Delivery Hero Group, and Just Eat Limited. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
- Deliveroo PLC
- DoorDash Inc.
- Delivery Hero Group
- Just Eat Limited
- Uber Technologies Inc.
- com LLC
- Yelp Inc.
- com Inc.
- Rappi Inc.
Market Segment By Type with focus on market share, consumption trend, and growth rate of Online Food Delivery Services Market:
Market Segment By Channel Type with focus on market share, consumption trend, and growth rate of Online Food Delivery Services Market:
- Mobile Applications
Market Segment By payment method with a focus on market share, consumption trend, and growth rate of the Online Food Delivery Services Market:
- Cash on Delivery
|Market Size (2022)||$ 71.2 Billion|
|CAGR (2023 to 2033)||21.3%|
|Market Segmentation||Type, Channel Type, Payment Method|
|Country Covered||US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America|
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Global Online Food Delivery Services Geographic Coverage:
- North America
- Nordic Countries
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of Latin America
Reasons to Buy this Report:
- Detail analysis of the impact of market drivers, restraints, and opportunities
- Competitive Intelligence provides an understanding of the ecosystem
- Details analysis of the Total Addressable Market (TAM) of your products
- Investment Pockets and New Business Opportunities
- Demand-supply gap analysis
- Strategy Planning
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