The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global online food delivery market reached a value of US$ 106.1 Billion in 2021.
According to the estimates by IMARC Group, the global online food delivery market is expected to exhibit a CAGR of 11.44% during 2022-2027
The increasing utilization of smartphones, expanding food and beverage (F&B) industry, and the escalating demand for convenient and quick food delivery solutions, represent some of the key drivers for the global online food delivery market.
The rapid integration of online food delivery services with numerous advanced technologies, such as AI, IoT, predictive analytics, etc., represents one of the key trends in the global online food delivery market.
Sudden outbreak of the COVID-19 pandemic had led to the temporary closure of dine-in services across various eateries, thereby propelling the market for online food delivery platforms on a global level.
On the basis of the platform type, the market has been divided into websites and mobile applications. Currently, mobile applications represent the largest market segment.
On the basis of the business model, the market has been bifurcated into order focused food delivery system, logistics-based food delivery system, and full-service food delivery system. Among these, order focused food delivery system holds the majority of the total market share.
On the basis of the payment mode, the market has been divided into online payment and cash on delivery. At present, online payments represent the largest market share.
Region-wise, the market has been classified into China, North America, Asia Pacific (excluding China), Europe, and Rest of the World, where China dominates the global market.
The key companies in the global online food delivery market are Just Eat Holding Limited, Delivery Hero SE, Grubhub Holdings Inc., Deliveroo (Roofoods Ltd), Takeaway.com, Foodpanda GmbH, Meituan Waimai, and Ele.me Inc.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at