Online Food Delivery Market is Booming International Business Over Forecast Years 2021- 2028 | Zomato, Deliveroo, Just Eat, Swiggy, Takeaway.com, Delivery Hero, Food panda, Domino’s, Grub Hub/Eat 24, Pizza Hut, Papa John's International

Online food delivery is expected to witness a surge in demand over the coming years with increasing disposable income, hectic lifestyle, changes in consumer consumption patterns, and increasing working population. Longer waiting times and growing overcrowding levels at many restaurants has influenced a section of consumers to go for the convenience of online delivery and the trend is expected to continue over the coming years.

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Convenience, smart device penetration and mobile payment advances to propel growth

Backed by convenience and pervasive ubiquity of multiple websites and applications, online food delivery market is a rapidly growing industry, affirms Adroit Market Research in its new research report flagged in its expansive data archive.

Online food delivery helps users to order and procure food online with the help of applications and websites. Owing to growing use of smart handheld devices which are extremely convenient to use, online food delivery has been witnessing a massive surge in recent years. Market participants are also pushing their limits to develop user friendly, agile applications and websites to ensure hassle-free ordering experience.

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Backed by a robust online payment architecture, online food delivery services are likely to be highly benefitted. Additionally, traditional limitations in food business such as long waiting time also gets mitigated with online food delivery services.

Investments from new market participants and a seemingly increasing number of restaurants and delivery services supported by beefed up online transactions are expected to help in market expansion. Significant advances in online payment options are likely to help in rapid adoption of online food delivery services. Region specific developments suggest that backed by various new plyers gracing the competitive landscape, as well as pervasive internet offerings, global online food delivery market is likely to remain lucrative in the coming years.

 Additionally, with massive influx into the on-demand channels offerings various entertainment programs at the click of the button, within the comforts of one's own home, online food channels offering on-demand food are also basking in the same light. and the trend is far from fading away. The competition landscape is highly volatile and charged up with new market participation. Offers, discounts and a plethora of options to choose from make this market a highly profitable one.

The U.S. is one of the key countries across America’s online food delivery market as it stands as a hub for the most successful start-ups to date. U.S. accounted for a maximum market revenue share of 83.4% in America’s online food delivery market and is expected to show a similar trend over the forecast period growing at a CAGR of 8.3%. Also, online food delivery services are one of the fastest and most frequently used services in China. Huge populous and technological advancement is backing the growth of online food delivery services across this country.

Zomato, Deliveroo, Just Eat, Swiggy, Takeaway.com, Delivery Hero, Food panda, is expected to be the key potential entrants for the expanding online food delivery market. The top companies in the online food delivery market such as Domino’s, Grub Hub/Eat 24, Pizza Hut, Papa John's International, Inc., and Jimmy John's accounts for nearly 90% of the global online food delivery market.

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Key segments of the global online food delivery market
Type Overview, 2015-2025 (USD Billion)
Takeaway

Delivery

Application Overview, 2015-2025 (USD Billion)
Family

Non Family

Regional Overview, 2015-2025 (USD Billion)
Americas

U.S.

Canada

Mexico

Brazil

Rest of America

Europe

France

UK

Germany

Italy

Spain

Rest of Europe

Asia Pacific

India

Japan

China

South Korea

Southeast Asia

Australia

Rest of APAC

Middle East and Africa

GCC

South Africa

Egypt

Israel

Turkey

Rest of MEA

Table of Contents:

Chapter 1    Scope of the report

Chapter 2    Executive Overview

Chapter 3    Global Online Food Delivery By Players

Chapter 4    Online Food Delivery By Region

Chapter 5    America

Chapter 6    APAC

Chapter 7    Europe

Chapter 8    Middle East and Africa

Chapter 9    Market Driver, Challenges and Trends

Chapter 10    Global Food Delivery Market Forecast

Chapter 11    Key Players Analysis

Chapter 12    Research Findings and Conclusion

About Us:

Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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