Industry Background:
Consumer food delivery focuses on online delivery services that provide customers with meals from partner restaurants that do not necessarily have to offer food delivery themselves. It gives customers the freedom and choice to place an order at virtually any time, from anywhere, saving the time and resources typically spent on travelling to pick up a meal. Also, it gives customers the advantage of recording the favorite order in the easiest and hassle-free manner.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Meituan (China), Delivery Hero (Germany), Zomato (India) UberEats (United States), FoodPanda (Germany), Swiggy (India), Grubhub (United States), Deliveroo (United Kingdom), Just Eat Takeaway (Netherlands) and DoorDash (United States) |
This growth is primarily driven by Increasing Awareness about Consumer Food Delivery and Demand for the Ready to Eat Food.
Globally, a noticeable market trend is evident Popularity of Quick Access of Food
Major Vendors, such as Meituan (China), Delivery Hero (Germany), Zomato (India) UberEats (United States), FoodPanda (Germany), Swiggy (India), Grubhub (United States), Deliveroo (United Kingdom), Just Eat Takeaway (Netherlands) and DoorDash (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Global Consumer Food Delivery is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Services. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Developments in the Market:
On 21st January, Zomato has acquired Uber Eats. The acquisition will help Zomato gain competitive benefits from Swiggy as the combination of Zomato with Uber Eats will help increase its share to more than 50 percent of the market, pulling it ahead of Swiggy.
On 13th 2021 December, Uber Eats announced its first food delivery to outer space. The launch expanding the global company’s footprint beyond earth’s surface and into the thermosphere, Uber Eats became the first delivery platform to send food to the International Space Station.
Regulatory Insights:
As per the FDA’s regulation, “Food business will be subject to other federal, state, and local requirements. This will vary depending on the product and the type of facility operate. It regulates all foods and food ingredients introduced into or offered for sale in interstates commerce, with the exception of meat, poultry, and certain processed egg products regulated by United States Department of Agriculture.”
Influencing Trend:
Popularity of Quick Access of Food and Rapidly Growing Population and Urban Lifestyle
Market Growth Drivers:
Increasing Awareness about Consumer Food Delivery and Demand for the Ready to Eat Food
Challenges:
Unstable Market Prices and Regulatory Guidelines on the Food Businesses
Restraints:
Rising Health-Conscious Peoples
Opportunities:
Growing Demand for Fast Food and Rising Food Delivery Services
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Consumer Food Delivery Market
- Analysis about New Entrants in Consumer Food Delivery Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Consumer Food Delivery Study Sheds Light on
The Consumer Food Delivery Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Consumer Food Delivery industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Consumer Food Delivery industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.