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Online Food Delivery Market Expected to Reach USD 383.93 Bn by 2032 at 11.2% CAGR

07-23-2025 11:51 AM CET | Food & Beverage

Press release from: Maximize Market Research Pvt. Ltd.

Online Food Delivery Market

Online Food Delivery Market

Online Food Delivery Market Set for Rapid Growth

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.

Download PDF Brochure: https://www.maximizemarketresearch.com/request-sample/88636/

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.

Interested to take a sneak peek? Request a sample copy of the report to see what's inside: https://www.maximizemarketresearch.com/request-sample/88636/

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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Contact Us:

MAXIMIZE MARKET RESEARCH PVT. LTD.
2nd Floor, Navale IT park Phase 3,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

About Us:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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