Global Online Takeaway and Food Delivery Market Overview:
Online food delivery is the process of ordering and delivering meals to customers' doorsteps utilising a variety of food delivery websites and applications on their computers or smartphones. A consumer will search for a favourite restaurant, choose items from the menu, select a payment method, and complete the transaction. Customers may register and maintain accounts on food delivery apps to make future ordering more convenient. Customers can order meals through a website or app using an online meal delivery service. These systems make ordering meals simple and convenient by allowing users to create and maintain user accounts.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Prevalence of Twitterverse, Technological Advancement in Moving Pavement Droids and Advent of Crypto Food Orders
Market Growth Drivers:
Rise in Popularity of Subscription Model and Increasing Urbanization with Easy Access to Smartphones
Challenges:
Fluctuating Market Prices and Maintaining Food Quality Standards
Restraints:
Low Rate of Customer Retention and High Investment in a Custom-Built Website
Opportunities:
Increased Demand for Online Delivery due to Current Pandemic and Emergence of Aggregator Business Model
Competitive Landscape:
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market
Some of the key players profiled in the report are DoorDash (United States), Deliveroo (United Kingdom), Zomato (India), Just Eat Takeaway (Netherlands), Mr. D Food (Takealot.com) (South Africa), Waiter.com (United States), Ubereats (Uber Technologies Inc) (United States), Swiggy (India), Delivery Hero (Germany) and Domino's Pizza (United States). Additionally, following companies can also be profiled that are part of our coverage like Postmates Inc. (United States), Ele.me (China) and EatSure (Rebel Foods) (India). Analyst at AMA Research see United States Vendors to retain maximum share of Global Online Takeaway and Food Delivery market by 2030. Considering Market by Platform, the sub-segment i.e. Web Based will boost the Online Takeaway and Food Delivery market. Considering Market by End-User, the sub-segment i.e. Restaurants and Food Outlets will boost the Online Takeaway and Food Delivery market. Considering Market by Payment Method, the sub-segment i.e. Online will boost the Online Takeaway and Food Delivery market.
Latest Market Insights:
In June 2021 Just Eat Takeaway released a statement announcing the acquisition of Grubhub. As a result of this acquisition, the Just Eat Takeaway is now centred on four of the world's most appealing online food delivery markets: the United States, the United Kingdom, the Netherlands, and Germany, enhancing the Enlarged Group's ability to deploy capital and resources to strengthen its competitive positions in all markets.
What Can be Explored with the Online Takeaway and Food Delivery Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Online Takeaway and Food Delivery Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Online Takeaway and Food Delivery
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Takeaway and Food Delivery 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 Takeaway and Food Delivery 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 Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Hotels, Restaurants and End-use industries.
This helps us to gather the data related to 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, USPTO, EPO, Annual reports, press releases etc.