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COVID-19
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The Nigeria online food delivery market is expected to exhibit a CAGR of 13.71% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Online food delivery refers to a convenient method of ordering and delivering food via online portals. This platform includes mobile-based software applications or web pages that offer access to single or multiple food joints based on customer preferences. Online food delivery platforms also provide various payment options, such as prepaid cards, cash on delivery, net banking, food coupons, etc. In Nigeria, the elevating levels of urbanization coupled with the increasing penetration of IoT-based smart devices are propelling the market for online food delivery.
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The hectic consumer work schedules and sedentary lifestyles are augmenting the demand for ready-to-eat (RTE) food products in Nigeria. Furthermore, the rise in working women population along with the improving consumer living standards have led to the increasing expenditures on express food delivery services in the country. Additionally, the growing consumer inclination towards online food delivery based on the availability of diverse food options, door-step delivery, numerous discounts, secured payment gateways, etc., is also propelling the market growth in Nigeria. Apart from this, the increasing adoption of online sales channels by several brick-and-mortar food chains to expand their consumer base is further augmenting the market for online food delivery. Moreover, the growing integration of online food delivery companies platforms with several advanced technologies, such as AI, IoT, predictive analytics, Big Data, etc., for providing a personalized consumer experience is also catalyzing the market growth in Nigeria. The outbreak of the COVID-19 pandemic in early 2020 has also resulted in a rising shift from conventional food joints towards online food delivery services to mitigate the risk of coronavirus infection upon human interaction.
IMARC Group provides an analysis of the key trends in each sub-segment of the Nigeria online food delivery market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on platform type, business model, payment mode and end user.
Breakup by Platform Type:
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Breakup by Business Model:
Breakup by Payment Mode:
Breakup by End User:
Breakup by Region
The competitive landscape of the industry has also been examined with some of the key players being AreaChops, Chopnownow, Foodie Nigeria, Foodstantly, Gingerbox, GoFood (AT&A Retail Limited), Jumia Foods, NaijaEats, and Ofood (Opay).
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Million |
| Segment Coverage | Platform Type, Business Model, Payment Mode, End User, Region |
| Companies Covered | AreaChops, Chopnownow, Foodie Nigeria, Foodstantly, Gingerbox, GoFood (AT&A Retail Limited), Jumia Foods, NaijaEats, and Ofood (Opay) |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| 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) |
The Nigeria online food delivery market was valued at US$ 738 Million in 2021.
The Nigeria online food delivery market grew at a CAGR of 13.71% during 2022-2027.
The growing prominence of online food delivery process, as it ensures hassle-free delivery, generates
various discount offers, provides convenient payment options, etc., is primarily driving the Nigeria
online food delivery market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for online food
delivery services across the nation, owing to the temporary closure of dine-in facilities.
Based on the platform type, the Nigeria online food delivery market has been segmented into mobile
applications and websites. Currently, mobile applications hold the majority of the total market share.
Based on the business model, the Nigeria online food delivery market can be divided into order focused
food delivery system, logistics based food delivery system, and full-service food delivery system. Among
these, order focused food delivery system exhibits a clear dominance in the market.
Based on the payment mode, the Nigeria online food delivery market has been categorized into online
and cash on delivery, where online payment mode currently accounts for the majority of the total
market share.
Based on the end user, the Nigeria online food delivery market can be segregated into individual and
corporate. Currently, individual holds the largest market share.
On a regional level, the market has been classified into North West, South West, North Central, and
Others, where North West currently dominates the Nigeria online food delivery market.
Some of the major players in the Nigeria online food delivery market include AreaChops, Chopnownow,
Foodie Nigeria, Foodstantly, Gingerbox, GoFood (AT&A Retail Limited), Jumia Foods, NaijaEats, and
Ofood (Opay).
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