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
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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)
Application Overview, 2015-2025 (USD Billion)
Regional Overview, 2015-2025 (USD Billion)
Rest of America
Rest of Europe
Rest of APAC
Middle East and Africa
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
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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