Press release
Online Food Delivery Market Size, Share, Growth, Industry Forecast | Valuates Reports
The global Online Food Delivery market size is projected to reach US$ 128500 million by 2027, from US$ 80370 million in 2020, at a CAGR of 6.5% during 2021-2027.
Major factors driving the growth of the online food delivery market:
The expansion of the online food delivery market is predicted to be fueled by an increase in the number of food ordering apps, as well as increased smartphone and internet usage.
The growth of the online food delivery market is likely to be fueled by an increase in the number of working people and their hectic lifestyles. The convenience that meal delivery applications provide is appealing to the working population.
Moreover, the people living in urban areas can avoid traffic congestion by ordering online instead of stepping out, and on the other hand, for the restaurant's the food delivery apps increase their sales. All these factors are expected to increase the growth of the online food delivery market.
Furthermore, as consumers increasingly seek virtual payment options that also offer them various discounts on occasion, the industry is finding an impetus for its growth in the ease of payment and the option to go cashless through these platforms, the industry is finding an impetus for its growth in the ease of payment and the option to go cashless through these platforms.
Get your sample today: https://reports.valuates.com/request/sample/QYRE-Othe-1L375/Global_Online_Food_Delivery_Market
TRENDS INFLUENCING THE GROWTH OF THE ONLINE FOOD DELIVERY MARKET:
The online food delivery market has emerged as a key industry thanks to the introduction of appealing, user-friendly apps and tech-enabled driver networks, as well as changing consumer expectations. Early on in the epidemic, lockdowns and physical separation rules provided the sector a huge boost, with delivery being a lifeline for the struggling restaurant industry. It is expected to become a permanent presence in the dining scene in the future.
Other important advantages of online meal delivery for foodservice companies include improved accuracy of online orders, better convenience, and simplified order processing, among others. Furthermore, online meal ordering can give foodservice operators valuable client information that can be used to develop promotional strategies such as targeted promotions to generate off-peak demand, specials tailored to certain customer categories, and couponing strategies. These factors are projected to accelerate the expansion of the online food delivery market.
Browse the Table of Contents and List of figures at:
https://reports.valuates.com/reports/QYRE-Othe-1L375/online-food-delivery
ONLINE FOOD DELIVERY MARKET SHARE
Based on type, the delivery segment is expected to be the most lucrative. Based on the region, the Asia Pacific region is expected to be the most lucrative.
Report Customization Request: https://reports.valuates.com/request/customisation/QYRE-Othe-1L375/Global_Online_Food_Delivery_Market
ONLINE FOOD DELIVERY MARKET SEGMENTATION
By Region
• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA
Key Companies
• Delivery Hero Holding
• Foodpanda
• Just Eat Holding
• Takeaway
• Grubhub
• Domino's Pizza
• Pizza Hut
• Foodler
• Deliveroo
• Ubereats
• McDonalds
• Seamless
• Subway
• Snapfinger
• Zomato
• Olo
• Yemeksepeti
• Meituan
• Go-Food
• Swiggy
• Eleme
Chapter Cost Request: https://reports.valuates.com/request/chaptercost/QYRE-Othe-1L375/Global_Online_Food_Delivery_Market
Similar Reports:
1. Food delivery market: https://reports.valuates.com/market-reports/QYRE-Auto-3Z6474/global-food-delivery
2. Online food delivery packaging market: https://reports.valuates.com/market-reports/QYRE-Auto-35W1873/global-online-food-delivery-packaging
3. Online food takeaway market: https://reports.valuates.com/market-reports/QYRE-Auto-0H2596/global-online-food-takeaway
Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137
Email Id:
Please reach us at sales@valuates.com
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Online Food Delivery Market Size, Share, Growth, Industry Forecast | Valuates Reports here
News-ID: 2468396 • Views: …
More Releases from Valuates Reports
Light Vehicle Coolant Market : Revenue Share, Insights & Future Outlook
Light Vehicle Coolant Market
The global market for Light Vehicle Coolant was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of % during the forecast period.
Vehicle coolant, also known as antifreeze, is a liquid substance that circulates through an internal combustion engine and draws off excessive heat. The two most common chemicals used for…
L3 Self-driving Vehicle Market: Revenue Share, Insights & Future Outlook
L3 Self-driving Vehicle Market
The global market for L3 Self-driving Vehicle was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of % during the forecast period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the…
Network Connections Single Phase Electricity Smart Meter Market Revenue Share, I …
Network Connections Single Phase Electricity Smart Meter Market
The global market for Network Connections Single Phase Electricity Smart Meter was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of % during the forecast period.
Download Free Data: https://reports.valuates.com/request/sample/QYRE-Auto-30F7253/China_Network_Connections_Single_Phase_Electricity_Smart_Meter_Market?utm_source=Openpr&utm_medium=Referral
What Is Driving the Growth of the Network Connections Single Phase Electricity Smart Meter Market?
Smart electricity meters are…
AI-powered ESG Reporting Software Market Revenue Share, Insights & Future Outloo …
AI-powered ESG Reporting Software Market Size
The global market for AI-powered ESG Reporting Software was valued at US$ 841 million in the year 2024 and is projected to reach a revised size of US$ 2524 million by 2031, growing at a CAGR of 17.0% during the forecast period.
North American market for AI-powered ESG Reporting Software is estimated to increase from $ million in 2024 to reach $ million by 2031, at…
More Releases for Food
Food Ultrasound Market Food Ultrasound Market
According to a new report by InsightAce Analytic, the "Food Ultrasound Market" in terms of revenue was estimated to be worth $156.24 Mn in 2023 and is poised to reach $310.45 Mn by 2031, growing at a CAGR of 9.14% from 2024 to 2031.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1551
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Food Ultrasound Market are:
• Food Safety and Quality Assurance.
• Increasing Consumer…
Prepared Food Market To Witness Huge Growth By 2028 | HSL Food, HelloFresh, Syne …
The Latest survey report on Prepared Food Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of Prepared Food segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and emerging manufacturers for company…
Cookies for Food Services Market Is Booming Worldwide | Finsbury Food Group, Mon …
Cookies for Food Services Market: The extensive research on Cookies for Food Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Cookies for Food Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the…
Global Sports Food Market By Type (Protein Sports Food, Energy Sports Food, Misc …
The Global Sports Food Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Sports Food Market report aims to provide an overview of Sports Food Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Sports Food Market Economy…
Global Packed Food Market 2018 Analysis By Key Players – JBS Food, Kraft Food, …
Summary
WiseGuyReports.com adds “Packed Food Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “Packed Food Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Packed Food Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France).
Global Pet Food…
