Market Overview:
The Nigeria online food delivery market size reached US$ 834.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,719.4 Million by 2028, exhibiting a growth rate (CAGR) of 12.2% during 2023-2028.
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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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Nigeria online food delivery market report, along with forecasts at the country and regional level from 2023-2028. 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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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Mobile Applications
- Websites
Breakup by Business Model:
- Order Focused Food Delivery System
- Logistics Based Food Delivery System
- Full-Service Food Delivery System
Breakup by Payment Mode:
Breakup by End User:
Breakup by Region
- North West
- South West
- North Central
- Others
Competitive Landscape:
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 Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2022 |
| Historical Period |
2017-2022 |
| Forecast Period |
2023-2028 |
| Units |
US$ Million |
| Segment Coverage |
Platform Type, Business Model, Payment Mode, End User, Region |
| Region Covered |
North West, South West, North Central, Others |
| 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) |
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Nigeria Online Food Delivery Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Platform Type
6.1 Mobile Applications
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Websites
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Business Model
7.1 Order Focused Food Delivery System
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Logistics Based Food Delivery System
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Full-Service Food Delivery System
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Payment Mode
8.1 Online
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cash on Delivery
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End User
9.1 Individual
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Corporate
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North West
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 South West
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 North Central
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Others
10.4.1 Market Trends
10.4.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 AreaChops
15.3.1.1 Company Overview
15.3.1.2 Business Overview
15.3.2 Chopnownow
15.3.2.1 Company Overview
15.3.2.2 Business Overview
15.3.3 Foodie Nigeria
15.3.3.1 Company Overview
15.3.3.2 Business Overview
15.3.4 Foodstantly
15.3.4.1 Company Overview
15.3.4.2 Business Overview
15.3.5 Gingerbox
15.3.5.1 Company Overview
15.3.5.2 Business Overview
15.3.6 GoFood (AT&A Retail Limited)
15.3.6.1 Company Overview
15.3.6.2 Business Overview
15.3.7 Jumia Foods
15.3.7.1 Company Overview
15.3.7.2 Business Overview
15.3.7.3 Financials
15.3.8 NaijaEats
15.3.8.1 Company Overview
15.3.8.2 Business Overview
15.3.9 Ofood (Opay)
15.3.9.1 Company Overview
15.3.9.2 Business Overview
List of Figures
Figure 1: Nigeria: Online Food Delivery Market: Major Drivers and Challenges
Figure 2: Nigeria: Online Food Delivery Market: Sales Value (in Million US$), 2017-2022
Figure 3: Nigeria: Online Food Delivery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Nigeria: Online Food Delivery Market: Breakup by Platform Type (in %), 2022
Figure 5: Nigeria: Online Food Delivery Market: Breakup by Business Model (in %), 2022
Figure 6: Nigeria: Online Food Delivery Market: Breakup by Payment Mode (in %), 2022
Figure 7: Nigeria: Online Food Delivery Market: Breakup by End User (in %), 2022
Figure 8: Nigeria: Online Food Delivery Market: Breakup by Region (in %), 2022
Figure 9: Nigeria: Online Food Delivery (Mobile Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Nigeria: Online Food Delivery (Mobile Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Nigeria: Online Food Delivery (Websites) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Nigeria: Online Food Delivery (Websites) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Nigeria: Online Food Delivery (Order Focused Food Delivery System) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Nigeria: Online Food Delivery (Order Focused Food Delivery System) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Nigeria: Online Food Delivery (Logistics Based Food Delivery System) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Nigeria: Online Food Delivery (Logistics Based Food Delivery System) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Nigeria: Online Food Delivery (Full-Service Food Delivery System) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Nigeria: Online Food Delivery (Full-Service Food Delivery System) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Nigeria: Online Food Delivery (Online) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Nigeria: Online Food Delivery (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Nigeria: Online Food Delivery (Cash on Delivery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Nigeria: Online Food Delivery (Cash on Delivery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Nigeria: Online Food Delivery (Individual) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Nigeria: Online Food Delivery (Individual) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Nigeria: Online Food Delivery (Corporate) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Nigeria: Online Food Delivery (Corporate) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: North West Nigeria: Online Food Delivery Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: North West Nigeria: Online Food Delivery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: South West Nigeria: Online Food Delivery Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: South West Nigeria: Online Food Delivery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: North Central Nigeria: Online Food Delivery Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: North Central Nigeria: Online Food Delivery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Other Regions: Online Food Delivery Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Other Regions: Online Food Delivery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Nigeria: Online Food Delivery Industry: SWOT Analysis
Figure 36: Nigeria: Online Food Delivery Industry: Value Chain Analysis
Figure 37: Nigeria: Online Food Delivery Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Nigeria: Online Food Delivery Market: Key Industry Highlights, 2022 and 2028
Table 2: Nigeria: Online Food Delivery Market Forecast: Breakup by Platform Type (in Million US$), 2023-2028
Table 3: Nigeria: Online Food Delivery Market Forecast: Breakup by Business Model (in Million US$), 2023-2028
Table 4: Nigeria: Online Food Delivery Market Forecast: Breakup by Payment Mode (in Million US$), 2023-2028
Table 5: Nigeria: Online Food Delivery Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Nigeria: Online Food Delivery Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Nigeria: Online Food Delivery Market: Competitive Structure
Table 8: Nigeria: Online Food Delivery Market: Key Players