Press release
Online Food Delivery Market Expected to Reach USD 383.93 Bn by 2032 at 11.2% CAGR
Online Food Delivery Market
Online Food Delivery Market valued at USD 164.21 billion in 2024 is projected to soar to USD 383.93 billion by 2032, growing at a robust CAGR of 11.2% from 2025 to 2032.
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United States Growth & Opportunity
The U.S. leads North America's market-holding over 27% share in 2024-and is forecasted to grow at a CAGR of ~9.6-11.4% through 2032. Major players like Uber Eats, DoorDash, Grubhub, and Postmates dominate. Uber Eats' 2020 acquisition of Postmates ($2.65 billion) strengthened its U.S. operations.
Key Recent Developments
DoorDash posted Q1 2025 profit of $193 mn, announced plans to acquire Deliveroo (~£2.9 bn) and SevenRooms ($1.2 bn) to expand globally.
Uber Eats integrated Postmates in 2020 and continues expanding tech and services.
Europe Consolidation & Updation
Europe held ~21.5% share in 2025 and is anticipated to grow at ~7.7% CAGR. Key firms include Just Eat Takeaway, Deliveroo, Uber Eats, Wolt, and Delivery Hero.
Consolidation & M&A
DoorDash's ongoing acquisition of Deliveroo will significantly boost its European presence.
Wolt acquired Romanian platform Tazz in late 2024/early 2025.
Key Developments
Delivery Hero pulled out of Taiwan and sold its stake in Deliveroo to strengthen position.
European players are focusing on profitability over scale-emphasizing free cash flow versus EBITDA.
Middle East & Africa Opportunity & Trends
ME&A includes fast-growing GCC markets. GCC alone was valued at USD 3.93 billion in 2023 with a projected CAGR of 14.48% to reach USD 11.18 billion by 2030.
Key Developments
Regional platforms such as Talabat, Mrsool, Careem, HungerStation, and Carriage are expanding through partnerships and consolidation.
AI-powered delivery optimisation and increased competition among both local and global players.
Competitive Landscape
Across regions, top players-Uber Eats, DoorDash, Just Eat Takeaway, Deliveroo, Swiggy, Zomato, Meituan, Foodpanda, Wolt-are engaged in aggressive market expansion, M&A deals, and diversification into grocery and tech-enhanced services. Profitability remains a key focus post-pandemic.
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Region-Specific M&A & Consolidation Recap
United States: Uber Eats-Postmates (2020); DoorDash eyeing Deliveroo & SevenRooms (2025).
Asia Pacific: Amazon Food enters India (2024); Baedal Minjok-Delivery Hero talks (2019).
Europe: DoorDash-Deliveroo merger in process (2025); Wolt-Tazz concluded (early 2025).
Middle East & Africa: GCC market consolidation via platforms like Talabat and Careem; region CAGR ~14.5%.
Online Food Delivery Market Segmentation:
by Platform Type
Websites
Applications
The global market is divided into two segments based on platform type: websites and applications. During the forecast period, the Application category is anticipated to grow at the greatest compound annual growth rate (CAGR) in the global market, having had the most market share in 2024. Over the past ten years, food delivery apps have become more and more popular.
by Business Model
Order Focused Food Delivery System
Logistics Based Food Delivery System
Full - Service Food Delivery System
by Payment Method
Online Payment
Cash On Delivery
The worldwide market is divided into two segments based on the mode of payment: cash on delivery and online payment. With a market share in 2024, the Online Payments category led the market. Online food and restaurant delivery services are also growing in e-commerce. India, home to more than 1.2 billion people, is unquestionably one of the biggest consumer markets in the world.
Seeking a thorough market understanding? Dive into the summary of the research report: https://www.maximizemarketresearch.com/market-report/global-online-food-delivery-market/88636/
Online Food Delivery Market Key Players:
1. Mr. D Food
2. Ele.me
3. Takeaway.com
4. Postmates Inc.
5. Zomato Pvt. Ltd.
6. Deliveroo
7. DoorDash
8. Just Eat Plc.
9. GrubHub
10. Foodpanda
11. Swiggy
12. Meituan Waimai
13. Bundl Technologies
14. Fasso's
15. Domino's
16. Box8
17. FoodVista India Private Limited
18. Rebel Foods Private Limited
19. Yum! Brands, Inc. Sacco SRL
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