According to the latest report by IMARC Group, titled “Chile Food Delivery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the Chile food delivery market is expected to exhibit a CAGR of 5.2% during 2022-2027. Food delivery refers to a courier service wherein restaurants, stores, or third-party applications deliver food to the customers. Its orders are placed via websites, mobile applications, or telephone calls. Some of the items offered through these services include beverages, desserts, entrees, sides, or groceries. At present, food delivery is gaining popularity in Chile due to the increasing reliance on smartphones for carrying out everyday tasks and the growing number of food service platforms.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Chile Food Delivery Market Trends:

Sedentary lifestyles due to hectic work schedules have positively influenced the demand for ready-to-eat (RTE) food products. This represents one of the key factors supporting the growth of the market in Chile. Apart from this, food delivery provides numerous advantages, including doorstep delivery, various discounts, a diverse range of products, and secured payment getaways. This, in confluence with the introduction of software-based food delivery apps and websites that are integrated with advanced technologies, such as the Internet of Things (IoT) and artificial intelligence (AI), is favorably influencing the market growth in the country. Besides this, due to the outbreak of the highly contagious coronavirus disease (COVID-19), there is a rise in the demand for food delivery services to promote social distancing and prevent the spread of the pandemic. Other major factors, including improved consumer living standards, increasing expenditure on express food delivery services, and the rising dependence of brick-and-mortar foodservice chains on third-party food delivery platforms to expand their consumer base, are anticipated to propel the market growth in the country. 

Market Summary:

• Based on the business model, the market has been divided into order focused, logistics based, and full service segments.
• On the basis of the order type, the market has been bifurcated into online and offline food delivery.
• Based on the payment method, the market has been classified into online payment and cash on delivery (COD).
• On the basis of the platform type, the market has been segmented into mobile applications, websites, and others.
• The competitive landscape of the market has been examined, with some of the key players being Delivery Technologies US, Inc., Delivery Hero SE, Domino’s Pizza, Inc., Glovoapp23, S.L., McDonald’s USA, LLC, Rappi Chile SpA., Uber Eats (Uber Technologies Inc.), Yum! Brands, Inc., and Zomato Limited.

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