Global Online Food Delivery Market Size, Status and Forecast 2021-2027

Online Food Delivery Market Outlook 2027 

The global Online Food Delivery market size is projected to reach US$ 128500 million by 2027, from US$ 80370 million in 2020, at a CAGR of 6.5% during 2021-2027. The expansion of the online food delivery market is predicted to be fueled by an increase in the number of food ordering apps, as well as increased smartphone and internet usage.

 

What is Online Food Delivery?

Online food delivery is a courier service in which a restaurant, store, or independent food delivery company delivers food to a customer.

Online Food Delivery Market Trends

The growth of the online food delivery market is likely to be fueled by an increase in the number of working people and their hectic lifestyles. The convenience that meal delivery applications provide is appealing to the working population. Moreover, the people living in urban areas can avoid traffic congestion by ordering online instead of stepping out, and on the other hand, for the restaurant's the food delivery apps increase their sales. All these factors are expected to increase the growth of the online food delivery market. Furthermore, as consumers increasingly seek virtual payment options that also offer them various discounts on occasion, the industry is finding an impetus for its growth in the ease of payment and the option to go cashless through these platforms, the industry is finding an impetus for its growth in the ease of payment and the option to go cashless through these platforms.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Online Food Delivery market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Online Food Delivery market in terms of revenue.

 

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Online Food Delivery market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Online Food Delivery market.

 

Online Food Delivery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Online Food Delivery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Online Food Delivery Market Segmentation

By Type

• Delivery
• Takeaway 

By Application

• Family
• Non-Family 

By Region

• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Nordic
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA 

Key Companies

• Delivery Hero Holding
• Foodpanda
• Just Eat Holding
• Takeaway
• Grubhub
• Domino's Pizza
• Pizza Hut
• Foodler
• Deliveroo
• Ubereats
• McDonalds
• Seamless
• Subway
• Snapfinger
• Zomato
• Olo
• Yemeksepeti
• Meituan
• Go-Food
• Swiggy
• Eleme

Scope of Online Food Delivery Market Report

Report Metric	Details
Report Name	Online Food Delivery Market
The market size in 2020	USD 80370 Million
The revenue forecast in 2027	USD 128500 Million
Growth Rate	CAGR 6.5%
Market size available for years	2021-2027
Forecast units	Value (USD)
Segments covered	Type, Application, Industry, Regions
Report coverage	Revenue & volume forecast, company share, competitive landscape, growth factors, and trends
Geographic regions covered	North America, Europe, Asia Pacific, Latin America, Middle East & Africa

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