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Global Online Food Delivery Market to Reach USD 451.92 Billion by 2032, Aided by the Rising Smartphone and Internet Penetration

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Global Online Food Delivery Market Size, Share, Trends, Analysis: By Platform Type: Mobile Applications, Websites; By Business Model: Order Focused, Logistics Based, Restaurant Specific; By Payment Method: Online, Cash on Delivery; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Leading Companies in the Online Food Delivery Market

Market players are focused on leveraging technological advancements to streamline operations, optimise delivery processes, and provide a seamless ordering experience for customers

Uber Technologies Inc. was founded in 2009 and is headquartered in California, United States. The company is known for its ride-hailing services and has expanded its offerings to include food delivery through Uber Eats. In addition to transportation services, Uber also provides freight transportation and various other mobility solutions to customers worldwide.

DoorDash, Inc., founded in 2013 and based in California, United States, is a prominent on-demand food delivery platform. DoorDash connects customers with a wide range of restaurants and eateries, offering convenient delivery services for a variety of cuisines and dishes.

Just Eat Takeaway.com N.V., founded in 2000, headquartered in Amsterdam, Netherlands, specialises in providing online food delivery and takeaway services, connecting customers with a diverse selection of restaurants and culinary options. Just Eat Takeaway.com N.V. operates in multiple countries.

Zomato Limited was established in 2008 and is based in Gurugram, India. It is a well-known online platform offering food delivery, restaurant discovery, and dining-out services. Zomato has gained popularity for its comprehensive restaurant listings, user reviews, and efficient food delivery services. The company operates in multiple countries.

Other key players in the global online food delivery market include Delivery Hero SE, Meituan Inc., Domino's Pizza, Inc., Roofoods Ltd, Yum! Brands Inc., Demae-Can Co., Ltd, Bundl Technologies Private Limited, Yandex.Eda, LLC, and Rappi Inc., among others.

Online Food Delivery Market Report Snapshots

Online Food Delivery Market Size

Online Food Delivery Market Growth

Online Food Delivery Market Trends

Online Food Delivery Market Share

Online Food Delivery Companies

Online Food Delivery Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Online Food Delivery Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Online Food Delivery Historical Market (2018-2023)
   8.3   Global Online Food Delivery Market Forecast (2024-2032)
   8.4   Global Online Food Delivery Market by Platform Type
       8.4.1 Mobile Applications
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Websites
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
   8.5   Global Online Food Delivery Market by Business Model
       8.5.1   Order Focused
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   Logistics Based
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
       8.5.3   Restaurant Specific
           8.5.3.1 Historical Trend (2018-2023)
           8.5.3.2 Forecast Trend (2024-2032)
   8.6   Global Online Food Delivery Market by Payment Method
       8.6.1   Online
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Cash on Delivery
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
   8.7   Global Online Food Delivery Market by Region
       8.7.1   North America
           8.7.1.1 Historical Trend (2018-2023)
           8.7.1.2 Forecast Trend (2024-2032)
       8.7.2   Europe
           8.7.2.1 Historical Trend (2018-2023)
           8.7.2.2 Forecast Trend (2024-2032)
       8.7.3   Asia Pacific
           8.7.3.1 Historical Trend (2018-2023)
           8.7.3.2 Forecast Trend (2024-2032)
       8.7.4   Latin America
           8.7.4.1 Historical Trend (2018-2023)
           8.7.4.2 Forecast Trend (2024-2032)
       8.7.5   Middle East and Africa
           8.7.5.1 Historical Trend (2018-2023)
           8.7.5.2 Forecast Trend (2024-2032)
9   North America Online Food Delivery Market Analysis
   9.1   Market by Platform Type
   9.2   Market by Business Model
   9.3   Market by Payment Method
   9.4   Market by Country
       9.4.1   United States of America
           9.4.1.1 Historical Trend (2018-2023)
           9.4.1.2 Forecast Trend (2024-2032)
       9.4.2   Canada
           9.4.2.1 Historical Trend (2018-2023)
           9.4.2.2 Forecast Trend (2024-2032)
10   Europe Online Food Delivery Market Analysis
   10.1   Market by Platform Type
   10.2   Market by Business Model
   10.3   Market by Payment Method
   10.4   Market by Country
       10.4.1   United Kingdom
           10.4.1.1 Historical Trend (2018-2023)
           10.4.1.2 Forecast Trend (2024-2032)
       10.4.2   Germany
           10.4.2.1 Historical Trend (2018-2023)
           10.4.2.2 Forecast Trend (2024-2032)
       10.4.3   France
           10.4.3.1 Historical Trend (2018-2023)
           10.4.3.2 Forecast Trend (2024-2032)
       10.4.4   Italy
           10.4.4.1 Historical Trend (2018-2023)
           10.4.4.2 Forecast Trend (2024-2032)
       10.4.5   Others
11   Asia Pacific Online Food Delivery Market Analysis
   11.1   Market by Platform Type
   11.2   Market by Business Model
   11.3   Market by Payment Method
   11.4   Market by Country
       11.4.1   China
           11.4.1.1 Historical Trend (2018-2023)
           11.4.1.2 Forecast Trend (2024-2032)
       11.4.2   Japan
           11.4.2.1 Historical Trend (2018-2023)
           11.4.2.2 Forecast Trend (2024-2032)
       11.4.3   India
           11.4.3.1 Historical Trend (2018-2023)
           11.4.3.2 Forecast Trend (2024-2032)
       11.4.4   ASEAN
           11.4.4.1 Historical Trend (2018-2023)
           11.4.4.2 Forecast Trend (2024-2032)
       11.4.5   South Korea
           11.4.5.1 Historical Trend (2018-2023)
           11.4.5.2 Forecast Trend (2024-2032)
       11.4.6   Australia
           11.4.6.1 Historical Trend (2018-2023)
           11.4.6.2 Forecast Trend (2024-2032)
       11.4.7   Others
12   Latin America Online Food Delivery Market Analysis
   12.1   Market by Platform Type
   12.2   Market by Business Model
   12.3   Market by Payment Method
   12.4   Market by Country
       12.4.1   Brazil
           12.4.1.1 Historical Trend (2018-2023)
           12.4.1.2 Forecast Trend (2024-2032)
       12.4.2   Argentina
           12.4.2.1 Historical Trend (2018-2023)
           12.4.2.2 Forecast Trend (2024-2032)
       12.4.3   Mexico
           12.4.3.1 Historical Trend (2018-2023)
           12.4.3.2 Forecast Trend (2024-2032)
       12.4.4   Others
13   Middle East and Africa Online Food Delivery Market Analysis
   13.1   Market by Platform Type
   13.2   Market by Business Model
   13.3   Market by Payment Method
   13.4   Market by Country
       13.4.1   Saudi Arabia
           13.4.1.1 Historical Trend (2018-2023)
           13.4.1.2 Forecast Trend (2024-2032)
       13.4.2   United Arab Emirates
           13.4.2.1 Historical Trend (2018-2023)
           13.4.2.2 Forecast Trend (2024-2032)
       13.4.3   Nigeria
           13.4.3.1 Historical Trend (2018-2023)
           13.4.3.2 Forecast Trend (2024-2032)
       13.4.4   South Africa
           13.4.4.1 Historical Trend (2018-2023)
           13.4.4.2 Forecast Trend (2024-2032)
       13.4.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Competitive Landscape
   15.1   Market Structure
   15.2   Company Profiles
       15.2.1   Uber Technologies Inc.
           15.2.1.1   Company Overview
           15.2.1.2   Product Portfolio
           15.2.1.3   Demographic Reach and Achievements
           15.2.1.4   Certifications
       15.2.2   DoorDash, Inc.
           15.2.2.1   Company Overview
           15.2.2.2   Product Portfolio
           15.2.2.3   Demographic Reach and Achievements
           15.2.2.4   Certifications
       15.2.3   Delivery Hero SE
           15.2.3.1   Company Overview
           15.2.3.2   Product Portfolio
           15.2.3.3   Demographic Reach and Achievements
           15.2.3.4   Certifications
       15.2.4   Meituan Inc.
           15.2.4.1   Company Overview
           15.2.4.2   Product Portfolio
           15.2.4.3   Demographic Reach and Achievements
           15.2.4.4   Certifications
       15.2.5   Just Eat Takeaway.com N.V.
           15.2.5.1   Company Overview
           15.2.5.2   Product Portfolio
           15.2.5.3   Demographic Reach and Achievements
           15.2.5.4   Certifications
       15.2.6   Domino's Pizza, Inc.
           15.2.6.1   Company Overview
           15.2.6.2   Product Portfolio
           15.2.6.3   Demographic Reach and Achievements
           15.2.6.4   Certifications
       15.2.7   Roofoods Ltd
           15.2.7.1   Company Overview
           15.2.7.2   Product Portfolio
           15.2.7.3   Demographic Reach and Achievements
           15.2.7.4   Certifications
       15.2.8   Yum! Brands Inc.
           15.2.8.1   Company Overview
           15.2.8.2   Product Portfolio
           15.2.8.3   Demographic Reach and Achievements
           15.2.8.4   Certifications
       15.2.9   Demae-Can Co., Ltd
           15.2.9.1   Company Overview
           15.2.9.2   Product Portfolio
           15.2.9.3   Demographic Reach and Achievements
           15.2.9.4   Certifications
       15.2.10   Bundl Technologies Private Limited
           15.2.10.1   Company Overview
           15.2.10.2   Product Portfolio
           15.2.10.3   Demographic Reach and Achievements
           15.2.10.4   Certifications
       15.2.11   Zomato Limited
           15.2.11.1   Company Overview
           15.2.11.2   Product Portfolio
           15.2.11.3   Demographic Reach and Achievements
           15.2.11.4   Certifications
       15.2.12   Yandex.Eda, LLC
           15.2.12.1   Company Overview
           15.2.12.2   Product Portfolio
           15.2.12.3   Demographic Reach and Achievements
           15.2.12.4   Certifications
       15.2.13 Rappi Inc.
           15.2.13.1   Company Overview
           15.2.13.2   Product Portfolio
           15.2.13.3   Demographic Reach and Achievements
           15.2.13.4   Certifications
       15.2.14   Others
16   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Online Food Delivery Market: Key Industry Highlights, 2018 and 2032
2.   Global Online Food Delivery Historical Market: Breakup by Platform Type (USD Million), 2018-2023
3.   Global Online Food Delivery Market Forecast: Breakup by Platform Type (USD Million), 2024-2032
4.   Global Online Food Delivery Historical Market: Breakup by Business Model (USD Million), 2018-2023
5.   Global Online Food Delivery Market Forecast: Breakup by Business Model (USD Million), 2024-2032
6.   Global Online Food Delivery Historical Market: Breakup by Payment Method (USD Million), 2018-2023
7.   Global Online Food Delivery Market Forecast: Breakup by Payment Method (USD Million), 2024-2032
8.   Global Online Food Delivery Historical Market: Breakup by Region (USD Million), 2018-2023
9.   Global Online Food Delivery Market Forecast: Breakup by Region (USD Million), 2024-2032
10.   North America Online Food Delivery Historical Market: Breakup by Country (USD Million), 2018-2023
11.   North America Online Food Delivery Market Forecast: Breakup by Country (USD Million), 2024-2032
12.   Europe Online Food Delivery Historical Market: Breakup by Country (USD Million), 2018-2023
13.   Europe Online Food Delivery Market Forecast: Breakup by Country (USD Million), 2024-2032
14.   Asia Pacific Online Food Delivery Historical Market: Breakup by Country (USD Million), 2018-2023
15.   Asia Pacific Online Food Delivery Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Latin America Online Food Delivery Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Latin America Online Food Delivery Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Middle East and Africa Online Food Delivery Historical Market: Breakup by Country (USD Million), 2018-2023
19.   Middle East and Africa Online Food Delivery Market Forecast: Breakup by Country (USD Million), 2024-2032
20.   Global Online Food Delivery Market Structure

Key Questions Answered in the Report

What was the online food delivery market value in 2023?

In 2023, the global market for online food delivery attained a value of around USD 148.07 billion.

What is the growth rate of the market?

The market is expected to grow at a CAGR of 13.2% between 2024 and 2032.

What is the online food delivery market forecast for 2024-2032?

The market is expected to witness a robust growth between 2024 and 2032 to reach a value of about USD 451.92 billion by 2032.

What are the major market drivers?

The major drivers of the market are rising disposable incomes, increasing population, rising internet penetrations, growing smartphones sales, and wider choice and convenience offered by online food delivery platforms.

What are the key trends in online food delivery?

The growing penetration of smart devices and technological advancements in delivery methods like drones are trends that are expected to influence the market positively.

Which regions are included in the market, as per EMR report?

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the market segmentations based on platform?

Based on platform, the market is divided into mobile and web applications.

Which business model accounts for the largest market share?

Order focused online food delivery model is the leading business model in the market.

What is the preferred method of payment in the market?

Payment via online channels is the most preferred payment method in the market.

Who are the key players in the online food delivery industry, according to the report?

Key players in the market are Uber Technologies Inc., DoorDash, Inc., Delivery Hero SE, Meituan Inc., Just Eat Takeaway.com N.V., Domino's Pizza, Inc., Roofoods Ltd, Yum! Brands Inc., Demae-Can Co., Ltd, Bundl Technologies Private Limited, Zomato Limited, Yandex.Eda, LLC, and Rappi Inc., among others.

Analyst Review

The global market for online food delivery attained a value of USD 148.07 billion in 2023 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 2024-2032, growing at a CAGR of 13.2%. The market is projected to reach USD 451.92 billion by 2032.

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 market 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 Technologies Inc., DoorDash, Inc., Delivery Hero SE, Meituan Inc., Just Eat Takeaway.com N.V., Domino's Pizza, Inc., Roofoods Ltd, Yum! Brands Inc., Demae-Can Co., Ltd, Bundl Technologies Private Limited, Zomato Limited, Yandex.Eda, LLC, and Rappi 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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