Online Food Delivery Services market witnessed USD 108 Billion in 2020, growing at a robust CAGR of 11.2% during forecast period.

Introduction of the Online Food Delivery Services Market Report

Online food delivery service is a process of ordering and delivering food items to the customers at their doorsteps. Orders can be placed through mobile applications and web-portals of a restaurant directly or through restaurant aggregator apps. Online Food delivery applications allow the consumer to register and uphold an account to make frequent ordering more convenient. Consumers are adopting online food delivery services because of their ease, speed, and convenience.

To have an edge over the competition by knowing the market dynamics and current trends of “Online Food Delivery Services Market”, request for Sample Report here

Market Dynamic

Key Drivers and Emerging Trends

Online food ordering allows convenient way to ordering the food with easy payment option. Furthermore, increasing working population, hectic lifestyle and the growth of internet and smartphone penetration stands to be some of the major market drivers. For instance, according to GSM Association, by 2025, total number of mobile subscribers will be 5.8 billion (71% of global population). Such factors will further support the market growth.

Furthermore, technological advancements in food delivery will further support the market growth in the coming years. For instance, one of the key trends being witnessed in the market include the involvement of drones for delivery of food by some of the key players such as Swiggy, Uber Eats among others. For instance, in 2020, Swiggy collaborated with ANRA Technology for drone delivery. In 2021, ANRA received final clearances from the Ministry of Defence (MoD), the Directorate General of Aviation, and the Ministry of Civil Aviation to commence trials for Beyond Visual Line of Sight (BVLOS) operations in India.

Restraint in the Online Food Delivery Services Market

However, improper handling of food packages during delivery can lead to spoilage of food and delay of food delivery. Furthermore, high supply and logistical costs further acts as a market barrier as it increases the food cost.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Type – Segment Analysis

Based on the Type, Platform-to-Consumer Services are expected to grow at higher CAGR rate in the forecast period. Platform to consumer delivery service providers offer delivery service from partner restaurants which do not offer delivery service themselves. Consumers switching to this services for several benefits such as checking menu, compare price, ratings, and review before ordering are key market aggregators. Some of the leading players in the market include Swiggy in India, Uber Eats in US, Ele.me in China, Just Eat in UK and others

Channel Type – Segment Analysis

Based on the Channel Type, Mobile Applications Services segment is expected to grow at a higher CAGR rate in the forecast period. The growth of the segment can be attributed to the rising smartphone penetration with high speed 3G and 4G connectivity. Ease of ordering food through mobile apps stands to be the primary driver as thes

Payment Method – Segment Analysis

Based on the Payment Method, Online payment services are expected to grow at a higher CAGR rate in the forecast period. The growing awareness of digital payment among consumers are transforming the era of real time payments as it offers the benefit of convenience, secure payment and others. Moreover, benefits offered by online payments include attractive discounts, rewards and cashback offer and others.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

Based on the region, the Asia Pacific region is expected to grow at a higher CAGR rate in the forecast period. The rapid rise in the smartphone users in the region and rising penetration of internet due to cheaper rates is boosting the growth in Asia pacific region segment. China stands to be the major market in the region owing to growing population, changing lifestyle and urbanization tends to order online food more frequently. For instance, in 2021, according to China Internet Network Information Centre, the number of total internet users accounted to 1.011 billion and internet penetration rate has reached 71.6%.

Top Market Players

Various notable players operating in the market, include, Zomato, Swiggy, Domino’s pizza, Doordash, Grubhub, Uber eats, Pizza hut, Postmates, Eatfit, Just Eat Takeaway.com, among others. 

Key Developments:

• • In 2021, Just Eat completed acquisition of Grubhub to increase its market presence across US, UK, Netherlands, and Germany.
  • In 2020, Zomato an Indian online food delivery service provider acquired the Indian operation of Uber Eats.

Segments covered in the Report:

The global Online Food Delivery Services market has been segmented on the basis of Type, Channel Type, Payment Method, and key regions. Based on Type, the market is segmented into Restaurant-to-Consumer, Platform-to-Consumer. Based on Channel Type, the market is segmented into Websites/Desktop, Mobile Applications. Based on Payment Method, the market is segmented into By Payment Method Cash on Delivery, online. Based on key regions market is segmented into Asia Pacific, Europe, North America, and RoW. 

For detailed scope of the “Online Food Delivery Services Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global Online Food Delivery Services market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Online Food Delivery Services market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Online Food Delivery Services market?
  • Which Type generated maximum revenues in 2020 and identify the most promising Type during the forecast period?
  • What are the various Channel Type areas of global Online Food Delivery Services market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues (2020)	USD 108 Billion
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Channel Type, By Payment Method, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Zomato, Swiggy, Domino’s pizza, Doordash, Grubhub, Uber eats, Pizza hut, Postmates, Eatfit, Just Eat Takeaway.com, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Online Food Delivery Services Market by Type

• • Restaurant-to-Consumer
  • Platform-to-Consumer

Global Online Food Delivery Services Market by Channel Type

• • Websites/Desktop
  • Mobile Applications

Global Online Food Delivery Services Market by Payment Method

• • Cash on delivery
  • Online

Global Online Food Delivery Services Market by Region

• • North America Online Food Delivery Services Market (Option 1: As a part of the free 25% customization)
    • North America Online Food Delivery Services Market by Type
    • North America Online Food Delivery Services Market by Channel Type
    • North America Online Food Delivery Services Market by Payment Method
    • US Online Food Delivery Services Market All-Up
    • Canada Online Food Delivery Market All-Up
  • Europe Online Food Delivery (Option 2: As a part of the free 25% customization)
    • Europe Online Food Delivery Services Market by Type
    • Europe Online Food Delivery Services Market by Channel Type
    • Europe Online Food Delivery Services Market by Payment Method
    • UK Online Food Delivery Services Market All-Up
    • Germany Online Food Delivery Services Market All-Up
    • France Online Food Delivery Services Market All-Up
    • Spain Online Food Delivery Services Market All-Up
    • Rest of Europe Online Food Delivery Services Market All-Up
  • Asia-Pacific Online Food Delivery Services Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Online Food Delivery Services Market by Type
    • Asia-Pacific Online Food Delivery Services Market by Channel Type
    • Asia-Pacific Online Food Delivery Services Market by Payment Method
    • China Online Food Delivery Services Market All-Up
    • India Online Food Delivery Services Market All-Up
    • Japan Online Food Delivery Services Market All-Up
    • Rest of APAC Online Food Delivery Services Market All-Up
  • RoW Online Food Delivery Services Market (Option 4: As a part of the free 25% customization)
    • RoW Online Food Delivery Services Market by Type
    • RoW Online Food Delivery Services Market by Channel Type
    • RoW Online Food Delivery Services Market by Payment Method
    • Brazil Online Food Delivery Services Market All-Up
    • South Africa Online Food Delivery Services Market All-Up
    • Saudi Arabia Online Food Delivery Services Market All-Up
    • UAE Online Food Delivery Services Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Online Food Delivery Services Market All-Up

Major Players Operating in the Online Food Delivery Services (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Zomato
  • Swiggy
  • Domino’s pizza
  • Doordash
  • Grub hub
  • Uber eats
  • Pizza hut
  • Postmates
  • Eatfit,
  • Just Eat Takeaway.com