Press release
Nigeria Online Food Delivery Market Size is Expected to Reach USD 2,499.4 Million By 2033 | CAGR: 10.3%
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
The increasing adoption of smartphones and internet penetration, combined with growing urbanization and busy lifestyles, is driving the growth of the online food delivery market in Nigeria. According to the latest report by IMARC Group, The Nigeria online food delivery market size reached USD 1,037.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,499.4 Million by 2033, exhibiting a growth rate (CAGR) of 10.3% during 2025-2033.
Download a sample copy of the Report: https://www.imarcgroup.com/nigeria-online-food-delivery-market/requestsample
Nigeria Online Food Delivery Industry Trends and Drivers:
The Nigerian online food delivery market is experiencing rapid growth, driven by increasing smartphone penetration, urbanization, and changing consumer preferences. Platforms like Jumia Food, Bolt Food, and Glovo are leading the charge, offering convenience and a wide variety of dining options. Younger demographics, particularly in cities like Lagos, Abuja, and Port Harcourt, are embracing these services for their speed and affordability. The rise of cloud kitchens and virtual restaurants is also reshaping the landscape, allowing businesses to operate with lower overhead costs while meeting rising demand. Additionally, partnerships between delivery platforms and local restaurants are expanding menu choices, catering to diverse tastes. However, challenges such as logistics inefficiencies, traffic congestion, and payment security concerns remain hurdles that companies are actively addressing to improve service reliability.
Innovations like AI-powered recommendations, real-time order tracking, and subscription-based loyalty programs are enhancing customer experiences in Nigeria's online food delivery sector. The market is also seeing a surge in demand for healthier meal options and locally sourced ingredients, reflecting global trends toward wellness and sustainability. Payment solutions are evolving, with more platforms integrating mobile money and cashless transactions to cater to unbanked populations. Meanwhile, competition is intensifying, prompting companies to offer discounts, faster delivery times, and better customer support to retain users. As internet accessibility improves and middle-class disposable incomes rise, the sector is poised for further expansion, potentially attracting more international players. Despite economic fluctuations, the convenience and time-saving benefits of online food delivery continue to drive its adoption across Nigeria's bustling urban centers.
Buy Full Report: https://www.imarcgroup.com/checkout?id=3127&method=1810
Nigeria Online Food Delivery Industry Segmentation:
The report has segmented the market into the following categories:
Platform Type Insights:
●Mobile Applications
●Websites
Business Model Insights:
●Order Focused Food Delivery System
●Logistics Based Food Delivery System
●Full-Service Food Delivery System
Payment Mode Insights:
●Online
●Cash on Delivery
End User Insights:
●Individual
●Corporate
Regional Insights:
●North West
●South West
●North Central
●Others
●Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the Nigeria online food delivery market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered AreaChops, Chopnownow, Foodie Nigeria, Foodstantly, Gingerbox, GoFood (AT&A Retail Limited), Jumia Foods, NaijaEats, Ofood (Opay), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key highlights of the Report:
●Market Performance (2019-2024)
●Market Outlook (2025-2033)
●COVID-19 Impact on the Market
●Porter's Five Forces Analysis
●Strategic Recommendations
●Historical, Current and Future Market Trends
●Market Drivers and Success Factors
●SWOT Analysis
●Structure of the Market
●Value Chain Analysis
●Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=3127&flag=C
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
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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