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Egypt Online Food Delivery Market Report by Platform Type (Mobile Applications, Website), Business Model (Order Focused Food Delivery System, Logistics Based Food Delivery System, Full-Service Food Delivery System), Payment Method (Online Payment, Cash on Delivery), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A23818
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Egypt Online Food Delivery Market Overview:
The Egypt online food delivery market size reached US$ 1.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.20% during 2024-2032. The market is driven by the increasing number of internet users that can order food while lounging at home or at work, along with the growing student population that are generally more accustomed to and at ease with technology.
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Report Attribute
|
Key Statistics
|
|---|---|
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Base Year
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2023 |
|
Forecast Years
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2024-2032 |
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Historical Years
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2018-2023
|
| Market Size in 2023 | US$ 1.4 Billion |
| Market Forecast in 2032 | US$ 2.2 Billion |
| Market Growth Rate (2024-2032) | 5.20% |
Egypt Online Food Delivery Market Trends:
Increasing Number of Internet Users
According to an article published in 2023 on the official website of the International Trade Administration (ITA), there were 75.66 million internet users in Egypt in January 2022. Online meal delivery businesses can reach more individuals as more people have access to the internet. Due to their increased reach, meal delivery services may now serve a wider range of clients in both urban and suburban areas. Having access to the internet makes ordering takeout easier. Online ordering, payment processing, and menu browsing are all simple for users. One of the main draws is how easy it is to order food while lounging at home or at work. The general uptake of e-commerce rises with the proliferation of the internet. As a result of people getting increasingly at ease with conducting business online, there is an increase in the use of online meal delivery services within this expanding e-commerce ecosystem.
More people having access to the internet means that food delivery businesses may reach more potential clients by using digital marketing techniques. Online ads, email marketing, and social media are effective methods for drawing in and keeping clients. Real-time order tracking via internet access gives clients updates on the status of their deliveries. The user experience is further enhanced by increased consumer interaction through tools like feedback systems and live chat assistance. A rise in internet usage encourages the use of credit/debit cards, mobile wallets, and other digital payment systems, among other online payment methods. A growing number of consumers are using online meal delivery services because of its ease.
Rising Student Population
An article published in 2023 on the website of the International Trade Administration (ITA), Egypt has the largest student population in the MENA region with 24 million K-12 students in 2022. Students are more likely to use online meal delivery services because they are generally more accustomed to and at ease with technology, particularly smartphones and mobile apps. Students frequently have hectic schedules full of extracurricular activities, assignments, and classes. When it comes to quick and simple meals, online food delivery offers a convenient alternative to cooking or eating out. Particularly in cities with large colleges, a large number of students live apart from their families. For regular meals, many students frequently rely on food delivery services. Among students, eating out and ordering have grown in popularity due to the convenience offered by online delivery platforms. This trend is perfectly suited to shared meals and group orders placed through food delivery apps.
Food delivery services frequently provide meal bargains, discounts, and special promotions to students, making it an alluring and reasonably priced option. In order to accommodate students' varied tastes and dietary requirements, online food delivery services provide a large range of cuisines and meal alternatives. Students seeking alternative food options are drawn to this variety and the ease of delivery. Global cuisines are becoming more and more popular among students, particularly those who attend schools in urban areas. A variety of international culinary alternatives that might not be easily accessible otherwise are made accessible through online meal delivery services.
Egypt Online Food Delivery Market News:
- February 2024: Delivery Hero has ceased negotiations regarding the potential sale of its Foodpanda business in select Southeast Asian markets.
- October 2023: Roboost announced its partnership with McDonald's Egypt to fully automate their last-mile delivery cycle.
Egypt Online Food Delivery Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on platform type, business model, and payment method.
Platform Type Insights:
- Mobile Applications
- Website
The report has provided a detailed breakup and analysis of the market based on the platform type. This includes mobile applications and website.
Business Model Insights:
- Order Focused Food Delivery System
- Logistics Based Food Delivery System
- Full-Service Food Delivery System
A detailed breakup and analysis of the market based on the business model have also been provided in the report. This includes order focused food delivery system, logistics based food delivery system, and full-service food delivery system.
Payment Method Insights:
- Online Payment
- Cash on Delivery
The report has provided a detailed breakup and analysis of the market based on the payment method. This includes online payment and cash on delivery.
Regional Insights:
- Greater Cairo
- Alexandria
- Suez Canal
- Delta
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include Greater Cairo, Alexandria, Suez Canal, Delta, and Others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Egypt Online Food Delivery Market Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
| Platform Types Covered | Mobile Applications, Website |
| Business Models Covered | Order Focused Food Delivery System, Logistics Based Food Delivery System, Full-Service Food Delivery System |
| Payment Methods Covered | Online Payment, Cash on Delivery |
| Regions Covered | Greater Cairo, Alexandria, Suez Canal, Delta, Others |
| Customization Scope | 10% Free Customization |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Egypt online food delivery market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Egypt online food delivery market?
- What is the breakup of the Egypt online food delivery market on the basis of platform type?
- What is the breakup of the Egypt online food delivery market on the basis of business model?
- What is the breakup of the Egypt online food delivery market on the basis of payment method?
- What are the various stages in the value chain of the Egypt online food delivery market?
- What are the key driving factors and challenges in the Egypt online food delivery?
- What is the structure of the Egypt online food delivery market and who are the key players?
- What is the degree of competition in the Egypt online food delivery market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Egypt online food delivery market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Egypt online food delivery market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Egypt online food delivery industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
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