Press release
Online Food Delivery Market to Reach US$ 223.7 Billion by 2027, Exhibiting a CAGR of 11.44%
According to IMARC Group's latest report, titled "๐๐ง๐ฅ๐ข๐ง๐ ๐ ๐จ๐จ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐" 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 involves delivering food ordered from a website or other application. The product can be either food that has been specially prepared for direct consumption or ready-to-eat (RTE) food. These systems are categorized into platform-to-consumer and restaurant-to-consumer delivery types.
Online food delivery applications offer access to multiple food establishments based on consumer preferences. They also provide flexibility in payment methods, such as net banking, food coupons, cash-on-delivery, and credit/debit cards. Apart from this, online food delivery platforms enable consumers to create an account for easy menu comparisons, fast checkout, hassle-free ordering, and minimum human intervention.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: 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.
๐๐ง๐ฅ๐ข๐ง๐ ๐ ๐จ๐จ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The rising consumer expenditure power and the increasing penetration of smartphones and internet connections are some of the key factors accelerating the market growth. Moreover, the surging working population and hectic lifestyles have increased the demand for RTE food products, which is creating a positive outlook for the market.
Additionally, the recent COVID-19 outbreak prompted a gradual shift toward online food delivery services to mitigate the risks of infection, which, in turn, is bolstering the market growth. In line with this, key market players are implementing promotional strategies by identifying recurring consumers and taste patterns and integrating the internet of things (IoT), artificial intelligence (AI), and predictive and big data analytics to provide a personalized experience, which is positively contributing to the market growth.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=1120&method=1
The Report offers a comprehensive analysis of the industry, which comprises insights on the global market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The competitive landscape and the profiles of key players operating in the global online food delivery market have also been examined in the report. Some of the key players in this market include:
โข Just Eat
โข GrubHub
โข Delivery Hero
โข Deliveroo
โข Takeaway.com
โข Foodpanda
โข Ele.me
โข Meituan Waimai
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The report has categorized the market based on platform type, business model and payment method.
Market Breakup by Platform Type
โข Website
โข Applications
Market Breakup by Business Model
โข Order Focused Food Delivery System
โข Logistics Based Food Delivery System
โข Full-Service Food Delivery System
Market Breakup by Payment Method
โข Online
โข Cash on Delivery
Market Breakup Region
โข China
โข North America
โข Asia Pacific (excluding China)
โข Europe
โข Rest of the World
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/request?type=report&id=1120&flag=C
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข 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.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
Organic Seafood Market: https://www.imarcgroup.com/organic-seafood-market
Organic Acids Market: https://www.imarcgroup.com/organic-acids-market
Food Waste Management Market: https://www.imarcgroup.com/food-waste-management-market
Food Enzymes Market: https://www.imarcgroup.com/food-enzymes-market
Business Travel Market: https://www.imarcgroup.com/business-travel-market
Car Sharing Market: https://www.imarcgroup.com/car-sharing-market
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | 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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