Quick Summary:
In a rapidly digitalizing world, the Global Online On-Demand Food Delivery Services Market is on track to reach an estimated worth of US$400.7 Billion by 2030, making it an industry to watch. This leap from its current estimation of US$95.1 Billion in 2022 signifies a dramatic rise in the demand and usage of these services.
Key segments such as Order-Based and Logistics-Based Food Delivery Services are forecasted to show substantial growth, making them areas of particular interest for strategic investment. With countries like China, the United States, Japan, Canada, and various European regions such as Germany showing promising growth rates, the report provides a comprehensive global overview of the market. Notably, the U.S. market alone is estimated at $27.8 Billion.
This report offers an in-depth and data-driven perspective on factors affecting this growth, featuring distinct insights into competitive landscape, market dynamics, and emerging trends. Get your hands on this valuable resource to stay ahead in the dynamic landscape of the Online On-Demand Food Delivery Services Market.
Global Online On-Demand Food Delivery Services Market to Reach $400.7 Billion by 2030
The global market for Online On-Demand Food Delivery Services estimated at US$95.1 Billion in the year 2022, is projected to reach a revised size of US$400.7 Billion by 2030, growing at a CAGR of 19.7% over the analysis period 2022-2030. Order-Based Food Delivery Services, one of the segments analyzed in the report, is projected to record 20.8% CAGR and reach US$352.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Logistics-Based Food Delivery Services segment is readjusted to a revised 13.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $27.8 Billion, While China is Forecast to Grow at 18.4% CAGR
The Online On-Demand Food Delivery Services market in the U.S. is estimated at US$27.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$66.2 Billion by the year 2030 trailing a CAGR of 18.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.2% and 16.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14% CAGR.Select Competitors (Total 46 Featured) -
- Deliveroo
- Delivery Hero SE
- DoorDash Inc.
- ELEME Inc.
- GrubHub Inc.
- Hellofood
- Just Eat Holding Limited
- Munchery
- OrderUp Inc.
- Postmates Inc.
- Swiggy
- TAKEAWAY.COM N.V.
- Uber Technologies, Inc. (Uber Eats)
- Zomato Media Pvt Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Online On-Demand Food Delivery Services?
What is the growth rate of the Global Market for Online On-Demand Food Delivery Services?
What is the forecasted size of the Global Market for Online On-Demand Food Delivery Services?
Who are the key companies in the Global Market for Online On-Demand Food Delivery Services?
| Report Attribute | Details |
|---|---|
| No. of Pages | 246 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 95.1 Billion |
| Forecasted Market Value ( USD | $ 400.7 Billion |
| Compound Annual Growth Rate | 19.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Deliveroo
- Delivery Hero SE
- DoorDash Inc.
- ELEME Inc.
- GrubHub Inc.
- Hellofood
- Just Eat Holding Limited
- Munchery
- OrderUp Inc.
- Postmates Inc.
- Swiggy
- TAKEAWAY.COM N.V.
- Uber Technologies, Inc. (Uber Eats)
- Zomato Media Pvt Ltd.
