Press release
Digital Food Order Market Size, Share | Industry Report 2024
Digital Food Order Market
A secular shift to online food ordering as new online platforms including food apps and portals penetrate into day-to-day lives of people across the globe has been witnessed in last five years. Digital food ordering refers to ordering food from a local food outlet or restaurant through desktop or cell phones. North America and Europe currently hold the largest market share collectively, however the emerging markets of Asia Pacific and Latin America are growing at a faster pace.
The shift in trend has changed such drastically in the last decade that already five major players in the market are valued at over USD 1 Billion. However, the market is still in the nascent stage with little actual knowledge, regarding potential, target audience, market dynamics and consumer patterns. Hence, paving the way for enormous untapped potential across various stages in the value chain of the industry.
Consumers are willing to spend more and more online and food is no exception in this case. The market is flooded with restaurants partnering with online apps including Just East and GrabHub in order to maximize their customer base. Consumers have realized that they can simply order their favorite dishes at a span of single click. This has sparked the entry of various new webpages and portals competing on delivery time, distribution reach and maximum options in terms of restaurants and food outlets.
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www.ameriresearch.com/product/digital-food-order-market/
Key findings from the study: -
• Global Digital Food Order Market was valued at $9.24 Billion in 2015 and is estimated to grow at a CAGR of over 17% from 2016 to 2024.
• Consumers have realized that they can simply order their favorite dishes at a span of single click. This has sparked the entry of various new webpages and portals competing on delivery time, distribution reach and maximum options in terms of restaurants and food outlets.
• Delivery Hero, Foodpanda, and GrabHub are few companies operating on the global magnitude. The segment is currently witnessing prolific growth rate in emerging economies, whereas new-livery systems are attaining maximum growth in developed countries such as the U.S. and UK.
Ameri Research has segmented the Digital Food Order Market by material categories, product type, end-use and region:
Browse Full Report @ www.ameriresearch.com/product/digital-food-order-market/
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Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-
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