Press release
Online Food Delivery Market Trends,Overview, Statistics, Key Players and Forecast 2022-2027
According to IMARC Group's latest report, titled "Online Food Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global online food delivery market size reached US$ 106.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 223.7 Billion by 2027, exhibiting at a growth rate (CAGR) of 11.44% during 2022-2027.Online food delivery refers to the procedure of placing a food order through websites and mobile applications. These systems are commonly categorized into restaurant-to-consumer and platform-to-consumer delivery. Online food delivery applications offer filters and different types of payment methods, such as cash on delivery, net banking, food coupons, and credit/debit card. It enables consumers to create an account for hassle-free ordering, faster checkout, easier menu comparisons, and minimum human interaction.
Request for a PDF sample of this report: https://www.imarcgroup.com/online-food-delivery-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Online Food Delivery Market Trends:
The proliferation of smartphones, availability of high-speed internet, and expansion in the food and beverage (F&B) industry are majorly driving the global market growth. Additionally, consumers are increasingly shifting toward online food delivery as they offer diverse food options, discounts, door-step delivery, and secured payment gateways. Moreover, these service providers are implementing promotional strategies by identifying recurring consumers and taste patterns, which is acting as a growth-inducing factor. Apart from this, rapid urbanization and continuous upgradation of the distribution network are creating a positive outlook for the market.
Online Food Delivery Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global online food delivery market has also been examined along with the profiles of the key players.
Some of these key players include:
Just Eat
GrubHub
Delivery Hero
Deliveroo
com
Foodpanda
me
Meituan Waimai
Key Market Segmentation:
The report has segmented the online food delivery market based on platform type, business model, payment method, and region.
Market Breakup by Platform Type
Website
Applications
Market Breakup by Business Model
Order Focused Food Delivery System
Logistics Based Food Delivery System
Full-Service Food Delivery System
Market Breakup by Payment Method
Online
Cash on Delivery
Market Breakup Region
China
North America
Asia Pacific ( excluding china)
Europe
Rest of the World
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1120&flag=C
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Contact Us:
IMARC Group
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Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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