What is Online On-Demand Food Delivery Services Market?
Online on-demand food delivery services are refer as online services which can be accessed by using apps or the web portals. Consumers can access such web portals or apps with a simple click of their fingertips. On-demand food delivery services basically partner with the local restaurants like full service restaurants (FSRs) and also quick service restaurants (QSRs) for food delivery. The market of the online on-demand food delivery service is growing rapidly due to the changing lifestyle and rising disposable income. Also the internet penetration is growing which is one of the driving force for this market. While some of the factors like cost associated with the delivery service, and quality linked with the food service may hamper the over all market.
Highlights from Online On-Demand Food Delivery Services Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Delivery Hero Holding GmbH (Germany), Foodpanda GmbH (Germany), Just Eat Holding Ltd. (United Kingdom), Swiggy (India), Zomato (India), UberEats (United States), Deliveroo (United Kingdom), DoorDash (United States), Postmates (United States) and Foodler Inc. (United States) |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Online On-Demand Food Delivery Services market throughout the forecasted period.
Delivery Hero Holding GmbH (Germany), Foodpanda GmbH (Germany), Just Eat Holding Ltd. (United Kingdom), Swiggy (India), Zomato (India), UberEats (United States), Deliveroo (United Kingdom), DoorDash (United States), Postmates (United States) and Foodler Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Grubhub Inc. (United States), ELEME (China) and Hellofood (Germany). Online On-Demand Food Delivery Services Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Office buildings, Family and Other |
Type | Order-focused food delivery services and Logistics-focused food delivery services |
Mode Of Payment | Debit Card,Credit Card,Net Banking,Wallets,Food Cards,Cash on Delivery,Others |
On the basis of geography, the market of Online On-Demand Food Delivery Services has been segmented into 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology is Propelling the Industry Forward and Delivery by Drone is a Trend to Watch Out for and Tampered Proof Packaging to Avoid Food Tampering
Market Growth Drivers:
Availability of the Services on the Go Owing to Growing Internet Penetration and Changing Life Style and Standards Fueled by Growing Disposable Income
Challenges:
Discrepancy Between Restaurant and Food Delivery Companies and High Competitive Rivalry Makes It tougher for New Entrants to Establish in the Market
Restraints:
Inability to Maintain Quality of Services on Consistent Basis and High Cost of Food Delivery
Opportunities:
Incorporation of AI and Growing Millennial Inclination Towards Online Food
Key Target Audience
Food Service Providers, Restaurants, Government Agencies, Potential Investors and Others