Press release
Global Online Food Delivery Market to Scale New Heights as Market Players Focus on Innovations 2024-2030
Online Food Delivery Market
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Some of the key players profiled in the study are:
Delivery Hero SE, DoorDash, Domino's Pizza Inc., Ele.me (Alibaba Group Holding Limited), Grubhub,McDonald's,Deliveroo, Papa John's International, Inc., Pizza Hut, Just Eat Takeaway.com, Uber Technologies Inc., Waiter.com, Inc., Zomato Ltd..
The online food delivery market involves the digital platforms and services that facilitate the ordering and delivery of food from restaurants, cafes, or other food providers directly to consumers' locations. This market includes a range of models, such as restaurant-to-consumer deliveries, where restaurants manage their own delivery services, and platform-to-consumer deliveries, where third-party platforms like apps or websites handle the entire ordering and delivery process. The online food delivery market has seen significant growth due to the convenience it offers, the increasing penetration of smartphones and internet access, and changing consumer lifestyles that favor on-demand services. It is characterized by intense competition, technological innovation, and evolving consumer expectations for fast, reliable, and diverse food options. This market continues to expand as more consumers embrace digital ordering and as new players and services enter the market, offering a variety of cuisines and delivery models.
The Global Online Food Delivery Market size was valued at USD 254.52 billion in 2023 and is projected to reach USD 505.53 billion by 2032, exhibiting a CAGR of 10.3 % during the forecasts period.
The titled segments and sub-section of the market are illuminated below:
Type: Platform to Consumer, Restaurant to ConsumerRegion: North America, Europe
Market Trends:
Growth of Cloud Kitchens: Cloud kitchens, or ghost kitchens, are gaining popularity as they allow restaurants to expand their reach and cater to the increasing demand for online food delivery.
Emergence of Subscription-Based Services: Online food delivery platforms are introducing subscription-based services that offer exclusive discounts and benefits to regular customers.
AI and Machine Learning Integration: AI and machine learning are being incorporated to improve delivery efficiency, make personalized recommendations, and optimize operations.
Market Drivers:
Increasing Disposable Income
Changing Consumer Lifestyles
Technological Advancements
Rise of Cashless Transactions
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Global Online Food Delivery Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Online Food Delivery Market
Chapter 2: Exclusive Summary - the basic information of the Global Online Food Delivery Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Online Food Delivery Market
Chapter 4: Presenting the Global Online Food Delivery Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Global Online Food Delivery Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Global Online Food Delivery Market is a valuable source of guidance for individuals and companies.
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