Online Food Delivery Market Projections 2023-2029: Key Drivers and Challenges


Posted April 1, 2024 by Divya_123

Online Food Delivery Market size was valued at US$ 132.80 Bn. in 2022 and the total revenue is expected to grow at 11.2 % through 2023 to 2029, reaching nearly US$ 279.22 Bn.
 
Online Food Delivery Market Report Overview:

The report comprehensively encompasses the analysis of insights concerning the Online Food Delivery market including its dynamic patterns, industry landscape, and all significant aspects of the market. An in-depth examination of key players is also presented within the Online Food Delivery market report.

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Online Food Delivery Market Scope and Research Methodology

The aim of this report is to assess and predict the size of the Online Food Delivery market. It offers strategic profiles of significant market participants to provide an accurate depiction of the competitive landscape within the global Online Food Delivery market. This includes a comprehensive analysis of recent developments such as new product launches, acquisitions, mergers, joint ventures, brand activities, and major players in the Online Food Delivery industry. The report presents insights into industry trends, dynamics, and potentials, assisting professionals in staying informed about the latest trends and sector performance. This insight aids in predicting growth and decline in Online Food Delivery market share over the forecast period.

In-depth understanding of the Online Food Delivery industry was achieved through a combination of primary and secondary research methods. Various methodologies, including PESTLE, PORTER, and SWOT analysis, were employed to ensure accurate findings. SWOT analysis was employed to outline strengths, weaknesses, opportunities, and challenges for key players within the Online Food Delivery industry. Additionally, the use of PORTER and PESTLE analysis allowed for an understanding of the microeconomic and macroeconomic factors influencing the Online Food Delivery industry.

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Online Food Delivery Market Segmentation:

by Platform Type

Websites
Applications

The global market is divided into Website and Application segments based on Platform Type. With a xx% market share in 2022, the Application segment is anticipated to have the greatest compound annual growth rate (CAGR) of any market segment in the world throughout the course of the forecast period. Over the preceding ten years, the popularity of food delivery applications has increased. Fifty percent of meal delivery visits consist of traditional supper deliveries together with breakfast and lunch deliveries. Digital orders done via text messaging, the Internet, and mobile apps have increased by 23% over the last four years, amounting to a $26.8 billion industry. Most digital meal ordering is carried out via restaurant applications or independent food businesses that let users look up menus and eateries in their area.


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 online payment and cash on delivery segments of the worldwide market are based on the payment method. With a xx% market share in 2022, the Online Payment category had the most share. Online meal delivery services and restaurant delivery services are growing in the e-commerce space. With more than 1.2 billion people living there, India is without a doubt one of the biggest consumer markets in the world. The primary drivers of e-transaction growth in the food order delivery industry have been the use of smartphones in emerging nations, a shift in business tactics in conjunction with transaction processing, and improved internet availability.


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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

Online Food Delivery Market Regional Analysis:

The report is segmented into several key countries, with market size, growth rate, import and export of Online Food Delivery market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

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Key Questions Addressed in This Report:

Key Questions Addressed in This Report:

How has the Online Food Delivery market performed so far and how will it perform in the coming years?
What is the market segmentation of the global Online Food Delivery market?
What is the regional breakup of the global Online Food Delivery market?
What are the price trends of various feedstocks in the Online Food Delivery industry?
What is the structure of the Online Food Delivery industry and who are the key players?
What are the various unit operations involved in a Online Food Delivery processing plant?
What is the total size of land required for setting up a Online Food Delivery processing plant?
What is the layout of a Online Food Delivery processing plant?
What are the machinery requirements for setting up a Online Food Delivery processing plant?
What are the raw material requirements for setting up a Online Food Delivery processing plant?
What are the packaging requirements for setting up a Online Food Delivery processing plant?
What are the transportation requirements for setting up a Online Food Delivery processing plant?
What are the utility requirements for setting up a Online Food Delivery processing plant?
What are the human resource requirements for setting up a Online Food Delivery processing plant?
What are the infrastructure costs for setting up a Online Food Delivery processing plant?
What are the capital costs for setting up a Online Food Delivery processing plant?
What are the operating costs for setting up a Online Food Delivery processing plant?
What should be the pricing mechanism of the final product?
What will be the income and expenditures for a Online Food Delivery processing plant?
What is the time required to break even?
What are the profit projections for setting up a Online Food Delivery processing plant?
What are the key success and risk factors in the Online Food Delivery industry?
What are the key regulatory procedures and requirements for setting up a Online Food Delivery processing plant?
Key Offerings:

A detailed Analysis of the Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Last Updated April 1, 2024