The global online food delivery services market is expected to grow from $107.44 billion in 2019 and to $111.32 billion in 2020 at a growth rate of 3.61%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $154.34 billion in 2023 at CAGR of 11.51%.
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The online food delivery services market consists of sales of online food delivery services and related services primarily for household consumption. The online food delivery services market includes all companies involved in distributing the packages received from hospitality establishments and have an online portal or an application for their sales. The food can be either ready-to-eat food or food that has to be specially prepared for direct consumption. Online food delivery service has two segments; restaurant-to-consumer delivery includes delivery of order directly by the concerned restaurant, whereas platform-to-consumer segment involves online delivery services that deliver orders of partner restaurants.
Global Online Food Delivery Services Market Segmentation –
The online food delivery services market covered in this report is segmented
1) By Type: Platform-to-Customer, Restaurant-to-Customer
2) By Channel Type: Websites, Mobile Applications
3) By Payment Method: Cash On Delivery, Online Payment
Global Online Food Delivery Services Market Drivers –
Upgradation of the distribution network to a more decentralized system, Distribution 4.0, is trending in the food delivery services market. In Distribution 4.0, suppliers partner with multiple players for the best market coverage between urban and rural markets, focusing their efforts on marketing, branding, and in-store merchandising to create best-in-class shopper experience. They are likely to partner with aggregators, e-comm delivery companies, rural distribution companies, and distribution arms of modern trade to drive coverage.
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A Few Points From The Global Online Food Delivery Services Market ToC
1. Executive Summary
2. Online Food Delivery Services Market Characteristics
3. Online Food Delivery Services Market Size And Growth
3.1. Global Online Food Delivery Services Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Online Food Delivery Services Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Online Food Delivery Services Market Segmentation
5. Online Food Delivery Services Market Regional And Country Analysis
5.1. Global Online Food Delivery Services Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Online Food Delivery Services Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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