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Global Online Food Delivery Market: By Platform Type: Mobile Applications, Websites; By Business Model: Order Focused Food Delivery System, Others; By Payment Method; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Online Food Delivery Market Outlook
The global online food delivery market size reached a value of almost USD 130.8 billion in the year 2022. The industry is further expected to grow at a CAGR of 13.2% between 2023 and 2028 to reach a value of almost USD 275.22 billion by 2028.
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The global online food delivery market is driven by the development of user-friendly applications. The trend of online food ordering has gained momentum world over. One of the major factors influencing the industry growth is the increasing penetration of smartphones and internet connections globally, which has led to an upsurge in the opportunities for quick and convenient food delivery.
Market Segmentation
Online food delivery is a service that provides a digital platform for customers to purchase food online via a website or application. These platforms make the process of food ordering convenient and easy by registering and upholding accounts of their customers. Usually, a customer searches for the desired restaurant or food outlet first, then selects the food items from their menu, and chooses the option of delivery or pick-up. These applications also offer several payment options, such as credit card, digital wallet, debit card, net banking or via cash on delivery (COD). The use of these systems reduces labour expenses, errors, long queues, and waiting time.
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The online food delivery market is bifurcated on the basis of platform type into:
- Mobile Applications
- Website
Currently, the mobile applications segment accounts for the largest market share in the industry.
Based on the business model, the industry is divided into:
- Order Focused Food Delivery System
- Logistics Based Food Delivery System
- Full-Service Food Delivery System
- Others
Among these, order focused food delivery system represents the largest share in the industry.
On the basis of the payment method, the industry is segmented into:
- Online
- Cash on Delivery
Currently, online payment holds the largest market share owing to its ease and convenience.
The report also covers the regional online food delivery markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
The global online food delivery market is driven by the convenience of ordering food by these applications, which offer an easy comparison between the menus of several restaurants. Also, these companies deliver food at the desired location at any time, which impacting the industry positively. The industry is finding an impetus for its growth in the ease of payment and the option to go cashless through these platforms as the consumers are increasingly seeking virtual payment options, which also offer them various discounts occasionally. The increasing penetration of smartphones all over the world has led to the upsurge of different online food delivery companies in the food industry as it is highly dependent upon the digital medium for its growth.
The global market is further being driven by the enormous variety of food items and different cuisines it offers at the customer's doorstep so that they can acquire the taste of several distinct dishes. These services help service providers extract detailed customer information to enhance their experience by developing and implementing promotional strategies. The global online food delivery industry is also driven by the hectic lifestyles and rapid urbanisation, leading customers to increasingly choose the service. The development of user-friendly food websites and applications and improved logistics are aiding the market growth further.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global market for online food delivery, covering their market shares, capacities, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Uber Eats
- DoorDash, Inc.
- Just Eat Takeaway.com
- Meituan Inc.
- ELEME Inc
- Deliveroo Plc
- Delivery Hero SE
- Bundl Technologies Private Limited (Swiggy)
- Zomato Ltd
- Domino's Pizza, Inc.
- Yum! Brands, Inc.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Platform Type, Business Model, Payment Method, Region |
| Breakup by Platform Type | Mobile Applications, Websites |
| Breakup by Business Model | Order Focused Food Delivery System, Logistics Based Food Delivery System, Full-Service Food Delivery System |
| Breakup by Payment Method | Online, Cash on Delivery |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Uber Eats, DoorDash, Inc., Just Eat Takeaway.com, Meituan Inc., ELEME Inc, Deliveroo Plc, Delivery Hero SE, Bundl Technologies Private Limited (Swiggy), Zomato Ltd, Domino's Pizza, Inc., and Yum! Brands, Inc., among others. |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Online Food Delivery Market Analysis
8.1 Key Industry Highlights
8.2 Global Online Food Delivery Historical Market (2018-2022)
8.3 Global Online Food Delivery Market Forecast (2023-2028)
8.4 Global Online Food Delivery Market by Platform Type
8.4.1 Mobile Applications
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Websites
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Online Food Delivery Market by Business Model
8.5.1 Order Focused Food Delivery System
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Logistics Based Food Delivery System
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Full-Service Food Delivery System
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Online Food Delivery Market by Payment Method
8.6.1 Online
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Cash on Delivery
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Online Food Delivery Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Company Profiles
12.3.1 Uber Eats
12.3.1.1 Company Overview
12.3.1.2 Demographic Reach and Achievements
12.3.1.3 Financial Summary
12.3.1.4 Certifications
12.3.2 DoorDash, Inc.
12.3.2.1 Company Overview
12.3.2.2 Demographic Reach and Achievements
12.3.2.3 Financial Summary
12.3.2.4 Certifications
12.3.3 Just Eat Takeaway.com
12.3.3.1 Company Overview
12.3.3.2 Demographic Reach and Achievements
12.3.3.3 Financial Summary
12.3.3.4 Certifications
12.3.4 Meituan Inc.
12.3.4.1 Company Overview
12.3.4.2 Demographic Reach and Achievements
12.3.4.3 Financial Summary
12.3.4.4 Certifications
12.3.5 ELEME Inc
12.3.5.1 Company Overview
12.3.5.2 Demographic Reach and Achievements
12.3.5.3 Financial Summary
12.3.5.4 Certifications
12.3.6 Deliveroo Plc
12.3.6.1 Company Overview
12.3.6.2 Demographic Reach and Achievements
12.3.6.3 Financial Summary
12.3.6.4 Certifications
12.3.7 Delivery Hero SE
12.3.7.1 Company Overview
12.3.7.2 Demographic Reach and Achievements
12.3.7.3 Financial Summary
12.3.7.4 Certifications
12.3.8 Bundl Technologies Private Limited (Swiggy)
12.3.8.1 Company Overview
12.3.8.2 Demographic Reach and Achievements
12.3.8.3 Financial Summary
12.3.8.4 Certifications
12.3.9 Zomato Ltd
12.3.9.1 Company Overview
12.3.9.2 Demographic Reach and Achievements
12.3.9.3 Financial Summary
12.3.9.4 Certifications
12.3.10 Domino's Pizza, Inc.
12.3.10.1 Company Overview
12.3.10.2 Demographic Reach and Achievements
12.3.10.3 Financial Summary
12.3.10.4 Certifications
12.3.11 Yum! Brands, Inc.
12.3.11.1 Company Overview
12.3.11.2 Demographic Reach and Achievements
12.3.11.3 Financial Summary
12.3.11.4 Certifications
12.3.12 Yum! Brands, Inc.
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Online Food Delivery Market: Key Industry Highlights, 2018 and 2028
2. Global Online Food Delivery Historical Market: Breakup by Platform Type (USD Billion), 2018-2022
3. Global Online Food Delivery Market Forecast: Breakup by Platform Type (USD Billion), 2023-2028
4. Global Online Food Delivery Historical Market: Breakup by Business Model (USD Billion), 2018-2022
5. Global Online Food Delivery Market Forecast: Breakup by Business Model (USD Billion), 2023-2028
6. Global Online Food Delivery Historical Market: Breakup by Payment Method (USD Billion), 2018-2022
7. Global Online Food Delivery Market Forecast: Breakup by Payment Method (USD Billion), 2023-2028
8. Global Online Food Delivery Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Online Food Delivery Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Online Food Delivery Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Online Food Delivery Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Online Food Delivery Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Online Food Delivery Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Online Food Delivery Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Online Food Delivery Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Online Food Delivery Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Online Food Delivery Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Online Food Delivery Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Online Food Delivery Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Online Food Delivery Market Structure
Key Questions Answered in the Report
In 2022, the global online food delivery market attained a value of nearly USD 130.8 billion.
The market is projected to grow at a CAGR of 13.2% in the forecast period of 2023-2028.
The market is expected to witness a robust growth between 2023 and 2028 to reach a value of about USD 275.22 billion by 2028.
The major drivers of the industry such as rising disposable incomes, increasing population, rising internet penetrations, growing smartphones sales, and wider choice and convenience offered by the platforms are expected to aid the market growth.
The growing penetration of smart devices and technological advancements in delivery methods like drones are trends that are expected to influence the market positively.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
Mobile applications are the leading platform in the industry.
Order focused food delivery system sector is the leading business model in the industry.
The online payment method is the largest payment method in the market.
The major players in the industry are Uber Eats, DoorDash, Inc., Just Eat Takeaway.com, Meituan Inc., ELEME Inc, Deliveroo Plc, Delivery Hero SE, Bundl Technologies Private Limited (Swiggy), Zomato Ltd, Domino's Pizza, Inc., and Yum! Brands, Inc., among others.
Analyst Review
The global market for online food delivery attained a value of USD 130.8 billion in 2022 driven by rising disposable incomes and growing internet penetration. Aided by the technological advancements in delivery methods and the rising adoption of smart devices, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 13.2%. The market is projected to reach USD 275.22 billion by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its platform types, the market can be segmented into mobile applications and website, with mobile applications accounting for the largest market share. On the basis of business model, order focused food delivery system sector accounts for the largest share in the global market. Based on the payment method, the industry is bifurcated into online and cash on delivery, with online payment leading the market. The major regional markets for the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Uber Eats, DoorDash, Inc., Just Eat Takeaway.com, Meituan Inc., ELEME Inc, Deliveroo Plc, Delivery Hero SE, Bundl Technologies Private Limited (Swiggy), Zomato Ltd, Domino's Pizza, Inc., and Yum! Brands, Inc., among others..
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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