Online Food Ordering and Delivery Market Scope
Online Food Ordering and Delivery is a simple and convenient way for customers to purchase food online, without having to go to the restaurant. Online food ordering and delivery is a system that is enabled by the internet that connects the restaurant or food company on one hand and the customer on the other hand. It has wide applications at various corporate levels and individual levels. Geographically, Asia Pacific is leading for higher consumption of online food ordering and delivery due to huge population and faster customer acceptance from the customer, followed by North America is another region that is leading for higher adoption for online food ordering and delivery service due to hectic schedule of the customer and unable to find the time for cooking and it helps to save time, hence the market has huge demand in both business model and excepted to grow in the upcoming year
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | DoorDash (United States), Uber (United States), Grubhub (United States), Delivery Hero (Germany), Just Eat Takeaway (Netherlands), Meituan (China), Zomato (India), Swiggy (India), FoodPanda (Singapore), Deliveroo (United Kingdom), Postmates (United States), ezCater (United States), Olo (India) and Others |
CAGR | % |
The market is expected to grow from business to business and customer. It has wide application for online food ordering is driving the demand for the market. Several companies such as swiggy, zomota, uber easts are operating in the market to provide customers better offer with various features & unique offerings. The market is a highly fragmented market with the presence of several market players and local players. Which is triggering the market growth over the forecast period
DoorDash (United States), Uber (United States), Grubhub (United States), Delivery Hero (Germany), Just Eat Takeaway (Netherlands), Meituan (China), Zomato (India), Swiggy (India), FoodPanda (Singapore), Deliveroo (United Kingdom), Postmates (United States), ezCater (United States), Olo (India) and Others are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Online Food Ordering and Delivery market by Type and Region with country level break-up.
On the basis of geography, the market of Online Food Ordering and Delivery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
Influencing Trend:
Online Food Ordering and delivery through Using Virtual Assistants
Market Growth Drivers:
It helps to save time for customer and It has fair transparency towards transaction
Challenges:
It can create Revenue conflicts between the restaurants and delivery providers
Restraints:
it help to create conflict between restaurant owner and company
Opportunities:
It helps to track business profit through the graph
Key Target Audience
Supplier, Corporate, Logistics industry, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry