Press release
The Evolution of Online Food Delivery Business opportunities, growth, future analysis, challenges global key players revenue analysis from 2017 to 2025: Key Players Foodpanda, Swiggy, UberEATS, Foodler, OrderUp, Zomato, and others
online food delivery market
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Payment Method Insights
Based on payment method, the market for online food delivery services is segmented into cash on delivery and online payment. The online payment segment is expected to witness considerable growth with a CAGR of more than 13% over the forecast period.
The cash on delivery segment accounted for over 30% of the market share in 2018. The segment growth can be attributed to the fact that several customers prefer paying by cash since they are skeptical about the security of their online payment transactions.
Global Online Food Delivery Market Study Objective
1. To forecast the market size of online food delivery market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of online food order market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have major impact on the growth of online food delivery market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of online food order market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the online food order market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Regional Analysis
The global online food delivery market is segmented based on the delivery model and region. Based on delivery model, the market is segmented into the traditional delivery model, aggregators, and new delivery model. By region, the global online food delivery market is studied across North America, Europe, Asia-Pacific, and LAMEA. The Asia Pacific market is expected to register a handsome CAGR over the forecast period due to The growth of the e-commerce sector in developing countries such as India and Japan is further contributing to the adoption of food delivery applications in the region. North America accounted for more than half of the overall revenue share in 2018. The regional market is witnessing healthy growth due to significant consumer preference for fast food and due to changing lifestyles.
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Key Players Analysis
Companies are emphasizing on enhancing logistics capabilities and consumer experiences. Additionally, adequate funding and investments in the market is one of the factors expected to drive the market growth. Some of the key leading vendors in the online food delivery market are Just Eat, Foodpanda, Swiggy, UberEATS, Foodler, OrderUp, Zomato, Delivery Hero, Just Eat holding, Deliveroo, GrubHub, DoorDash, Takeaway and others.
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