Source prnewswire
Online On-Demand Food Delivery Services Market size to grow by USD 266.05 billion from 2022 to 2027, Market growth at 24.64% CAGR expected during the forecast period, Technavio
The online on-demand food delivery services market is estimated to grow by USD 266.05 billion from 2022 to 2027, growing at a CAGR of 24.64%. The report provides a full list of key companies, their strategies, and the latest developments. Download a Sample before buying Report Coverage
Details Page number
161 Base year
2022 Historic period
2018 - 2022 Forecast period
2023-2027 Growth momentum & CAGR
Accelerate at a CAGR of 24.64% Market growth 2023-2027
USD 266.05 billion Market structure
Fragmented YoY growth 2022-2023(%)
23.16 Regional analysis
APAC, North America, Europe, Middle East and Africa, and South America Performing market contribution
APAC at 66% Key countries
US, China, Japan, South Korea, and UK 16 Regional analysis
APAC, North America, Europe, Middle East and Africa, and South America Performing market contribution
APAC at 66% Key countries
US, China, Japan, South Korea, and UK The online on-demand food delivery services market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer online on-demand food delivery services market are Alibaba Group Holding Ltd., Bundl Technologies Pvt. Ltd, Curefoods India Pvt. Ltd., Delivery Hero SE, Dominos Pizza Inc., DoorDash Inc., Dunzo Digital Pvt. Ltd., EatSure, Glovoapp23 SL, Grab Holdings Ltd., Grubhub Inc., HelloFood, HungryPanda Ltd., Just Eat Takeaway.com NV, Meituan Dianping, Movile, Rappi Inc., Talabat.com, Uber Technologies Inc, and Zomato Media Pvt. Ltd. Download a Sample before buying Download a Sample before buyingCompany OfferingBy Geography, the market is classified as APAC, North America, Europe, Middle East and Africa, and South America. APAC will have the largest share of the market. APAC is estimated to account for 66% of the growth of the global market during the forecast period. This growth is attributed to factors such as increased investments by vendors to improve the efficiency of logistics and consumers' readiness to spend on food delivery services. China and India are some of the key contributors to the online on-demand food delivery services market in APAC. Download a sample report to get more insights on the market share of various regions and the contribution of the segments Download a sample report to get more insights on the market share of various regions and the contribution of the segments Market SegmentationAnalyst ReviewThe Online On-Demand Food Delivery Services Market has witnessed exponential growth in recent years, driven by the widespread adoption of mobile technology. With the advent of 3G and 4G networks, ordering food has never been more convenient. Consumers can now satisfy their cravings with just a few taps on their smartphones, thanks to the seamless connectivity provided by 3G and 4G. These advancements have revolutionized the way people dine, making online on-demand food delivery a booming industry. With a plethora of options available at their fingertips, customers enjoy unparalleled convenience and choice. As the demand continues to surge, the market shows no signs of slowing down, indicating a promising future for online on-demand food delivery services. View a Sample Report View a Sample ReportRelated Reports:The food delivery market share in India is expected to increase by USD 716.53 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 28.13%.The mobile food services (MFS) market size is estimated to grow at a CAGR of 8.84% between 2022 and 2027. The market size is forecast to increase by USD 15.04 billion.TOC:1 Executive Summary2 Landscape3 Sizing4 Historic Size5 Five Forces Analysis6 Segmentations7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Vendor Landscape11 Vendor Analysis12 AppendixAbout USTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenariosContact US:Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.comSOURCE TechnavioAccording to Technavio, the global automotive 3pl market size is estimated to grow by USD 93.48 billion from 2022 to 2027. The market is expected to...The ENT laser devices market size is estimated to grow by USD 119.6 million from 2022 to 2027 at a CAGR of 6.64% according to Technavio. The rising...
No Comments