Overview of the Online Food Delivery Market
The online food delivery market has experienced significant growth in recent years, especially during the COVID-19 pandemic. Here are some key insights about the market:
Market Size and Growth:
The Online Food Delivery market industry is projected to grow from USD 246.8 Billion in 2023 to USD 560.75 Billion by 2032, at a CAGR of 10.80% during the forecast period (2023 - 2032).
Key Players:
Major companies operating in the online food delivery market include,,
- Delivery Hero SE
- DoorDash
- Domino's Pizza Inc.
- me
- Grubhub
- McDonald's Deliveroo
- Papa John's International, Inc.
- Pizza Hut
- Just Eat Takeaway.com
- Uber Technologies Inc.
- com, Inc.
- Zomato Ltd.
Get Free Sample PDF File:
https://www.marketresearchfuture.com/sample_request/11662
Market Segmentation:
The global online food delivery market is segmented by business model, platform type, and geography. Business models include logistics-focused food delivery systems, order-focused food delivery systems, and restaurant-specific food delivery systems.
The online food delivery market has evolved rapidly, driven by technological advancements, changing consumer behavior, and the impact of global events such as the COVID-19 pandemic. As the market continues to grow, it is likely to see further innovation and expansion into new regions and segments.
Regional Trends:
Asia-Pacific is estimated to be the fastest-growing region in the online food delivery market, with the highest CAGR over the forecast period (2023-2027). In 2023, North America accounted for the largest market share in the online food delivery market.
Impact of COVID-19:
The COVID-19 pandemic had a significant impact on the industry, with both positive and negative effects. While it negatively impacted the overall industry growth in 2020 due to supply chain disruption and end-users revenue loss, it also led to a surge in online food ordering, making food delivery services a de facto standard for both the grocery and restaurant industries.
Related Articles:
https://zekond.com/read-blog/16406
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Also, we are launching "Wantstats" the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
