Market Highlights: Online food ordering include the process of food delivery or takeout from a food cooperative or a local restaurant through a web page or app. Many service providers allow customers to keep their accounts so as to make frequent ordering convenient. Nowadays, technology is playing a key role in food delivery. Customer can search for a favorite restaurant, type of cuisine, also choose from available items, and select delivery or pick-up. Service providers offer several payment options such as credit card, debit card, Paypal or cash. Product/Service types includes restaurant-controlled, independent, mobile apps, and other. Convenience which these online food ordering platforms offer in food ordering, availability of variety of food at one virtual marketplace as well as option to pay online are the factors which boost the global online food ordering market growth over the coming years. The market study is being classified by Type (Restaurant-controlled, Independent websites, Food cooperatives and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Online Food Ordering are McDonald's (United States), KFC (United States), Subway (United States), Pizza Hut (United States), Starbucks Corporation (United States), Burger King (United States), Domino's Pizza, Inc. (United States), Dunkin Donuts (United States), Foodler Inc. (United States) and Grubhub Inc. (United States).
The Business Model, such as Aggregator Model, is boosting the Online Food Ordering market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Platform, such as Mobile Apps, is boosting the Online Food Ordering market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Payment method, such as Online Payment, is boosting the Online Food Ordering market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In 2022, Grubhub Is Launching a Rapid Delivery Service in Partnership With Startup Buyk.The new service will be available in New York and Chicago. Meal-delivery giants are pushing into instant commerce market. In 2022, Grubhub the nationwide launch of its on-demand convenience channel, Grubhub Goods. The channel offers delivery from more than 3,000 locations across the country and follows a successful pilot in Manhattan in collaboration with 7-Eleven, which included roughly a dozen stores.
Key Questions Answered in the Report What will the Online Food Ordering Market size and the growth rate be in Future? What are the key factors driving the Online Food Ordering Market? What are the key market trends and macro-economic impacting the growth of the Online Food Ordering Market? What are the challenges to market growth? Who are the key vendors in the Online Food Ordering Market? What are the market opportunities and threats faced by the vendors in the Online Food Ordering Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Online Food Ordering Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Food Ordering market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Online Food Ordering market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Online food ordering Service Providers, Restaurants and Food outlets, Food and Beverages Industry Players, Fast food Chains, Industry Consultants and End Users. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.