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Pulished Date April, 2021
ID: 10663
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Online Food Delivery Services Market by Type (Platform-To-Consumer and Restaurant-To-Consumer), by Channel Type (Mobile Applications and Websites/Desktop), By Payment (Online Payment and Cash On Delivery), and Region (North America, Europe, Latin America, Asia Pacific, and Middle East and Africa) – Global Industry Analysis on Market Size, Share, Trends, Demand, Share, Volume and Revenue Forecast Report 2021-2026

Pulished: April, 2021
ID: 10663
Pages: 150

Online Food Delivery Services Market Size Analysis 2021-2026:

Online Food Delivery Services Market size was at USD 84.6 Billion in 2018 and is anticipated to reach over USD 164.49 billion. The Online Food Delivery Services Market is also estimated to experience reasonable growth to record a CAGR of 11.39% throughout the outlook period (2021-2026).

Online Food Delivery Services Market Size

Online food delivery is a service that allows customers to buy food through a website or app. These platforms register and maintain accounts to facilitate frequent food orders. Payment is made online with credit card, debit card, digital wallet and net banking, or by Cash on Delivery (COD). As online food delivery systems reduce errors, labor costs, long lines, and waiting times, their use is increasing around the globe.

Online Food Delivery Services Market Report Coverage:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

11.39%

Segments Covered

By Type, By Channel Type, By Payment Method, and By Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Uber Technologies Inc., DoorDash, Takeaway.com, Swiggy, and Just Eat Holding Limited

Recent Developments in Online Food Delivery Services Market:

  1. Uber has signed a deal to acquire Postmates, a food delivery startup, in a $ 2.65 billion deal. Uber clearly expects the takeout trend to continue as restaurants and bars reopen across the country.
  2. Zomato, the online restaurant aggregation and food distribution platform, announced on that it has acquired the Uber Eats business in India in an equity deal that will see the transportation company's food delivery business in line will go to Zomato.
  3. Ending months-long speculation, Amazon India has announced its entry into Bengaluru's online food delivery space with just a few PINs. Various media reports had announced that the Seattle-based giant had launched in various regions of the country in May 2020.

Online Food Delivery Services Market Drivers and Restraints:

The increasing use of smartphones and the penetration of the Internet are contributing to the growth of the market. The rise in the overall food delivery industry, which allows customers to order food from a variety of restaurants, is playing a central role in the growth of the Online Food Delivery Services Market. In addition, the growing number of dual-income families and the change in lifestyle and eating habits are supposed to promote market growth during the outlook period. Additionally, the rising demand for quick access to affordable food is also driving business. The benefits of online delivery services include attractive discounts, rewards and rebates offers, door-to-door delivery, and various payment options. In addition, food service providers are establishing department stores to store fresh produce to provide high-quality food and encourage the adoption of online delivery services. Considerable funding in the area of ​​food shipping offers opportunities for market expansion. In addition to these investments, various changes in user preferences are also contributing to the growth of the Online Food Delivery Services Market. For example, the demand for fresh food, fast home delivery, and ease of access are increasing acceptance of online food delivery services. Additionally, the demand for online food delivery services among millennials is also gaining traction.

In addition, the growing advances in infrastructure in emerging economies offer growth opportunities for providers operating in the market. They allow companies to expand their network of catering and delivery partners in different cities. Also, the integration of IoT allows users to opt for online food delivery services through voice commands, making the delivery process even easier. These technological advances are expected to further stimulate market growth. Although the market is currently in its growth phase, several factors, such as fluctuating pricing models and the availability of multiple food delivery service platforms, are expected to increase competition. In addition to this, the quality of the food delivered deteriorates when the quantity of food orders is high, which also requires additional resources to deliver the food. Therefore, the inability of restaurants to respond to multiple deliveries and the inefficiency in keeping up with volumes limit Online Food Delivery Services Market growth. However, the emergence of virtual restaurants and delivery kitchens is supposed to offer significant Online Food Delivery Services Market growth opportunities.

Online Food Delivery Services Market Segmentation:

The Global Online Food Delivery Services Market can be divided into Type, Channel Type, and Payment Method.

Based on the type, the online food delivery services market is classified into restaurant-consumer and platform-consumer. The platform-to-consumer segment is estimated to register a CAGR of greater than 15% during the forecast period. The consumer platform model addresses the resource and logistics aspects of food delivery while offering delivery services to restaurants that do not have in-house delivery resources. The increase in the number of investments in this model is driving the growth of the segment in the capital cities.

Based on the type of channel, the online food delivery service market is divided into desktop and mobile websites / apps. The mobile applications segment is expected to register a CAGR of over 14% during the forecast period. The growth of the segment can be attributed to the increasing penetration of smartphones, along with technological advances such as 3G and 4G networks. Additionally, many restaurants offer various discounts to end-users who order food through mobile applications.

On the basis of the payment method, the online food delivery service market is segmented into cash on delivery and online payment. The online payments segment is foreseen to experience tremendous growth with a CAGR of over 13% during the outlook period. Online payment services include payments through payment portals, online banking, or credit / debit cards. The growing awareness of digital currency among consumers and the number of partnerships between banks and online food delivery service providers are responsible for the increase in the adoption of the online payment method.

Impact of COVID-19 on Online Food Delivery Services Market

It is important to say that hardly any event in recent history has managed to generate as much clamor and indecision as the coronavirus pandemic. Its social and financial impact on humanity has been colossal and the effects are expected to last for a long time. The coronavirus pandemic has brought important changes in the eating behaviors of restaurateurs in the world. Restaurant closures and social distancing measures have led to a growing demand for online food delivery, both directly through a restaurant's website and through the use of a third-party delivery service. In 2020, the share of the online food delivery industry in the restaurant market was estimated at 13%, before the pandemic this figure was 9%. Post-coronavirus market share is expected to increase by 21% in 2025.

Regional Analysis:

The global Online Food Delivery Services Market has been categorized by geography into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. The Asia-Pacific market is expected to post a CAGR of more than 15% during the foreseen period. Regional growth can be attributed to rising per capita income and the changing preferences of millennials. In addition, the increasing use of Internet-enabled smartphones by Generation Y and the rapid adoption of advanced technologies, such as voice assistant applications, are contributing significantly to the growth of the regional market. The growth of the e-commerce sector in developing countries such as India and Japan further contribute to the adoption of food delivery applications in the region.

North America accounted for more than 20% of the overall revenue share in 2018. The regional market is experiencing healthy growth due to strong consumer preference for fast food and changing lifestyles. Additionally, the presence of various online food service providers such as Just Eat Holding Limited and Postmates Inc. further drives the growth of the regional market. Market players operating in the region offer live customer service, delivery execution and other related services, further driving the growth of the local market.

Leading Company

DoorDash had the largest share of the Online Food Delivery Services Market in terms of sales and revenue in 2018.

Key Players

Key players in the Online Food Delivery Services Market include Uber Technologies Inc., DoorDash, Takeaway.com, Swiggy, and Just Eat Holding Limited.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Online Food Delivery Services Market, By Type                          

                                6.1.1 Platform-To-Consumer     

                                6.1.2 Restaurant-To-Consumer 

                                6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Online Food Delivery Services Market, By Channel                   

                                6.2.1 Mobile Applications            

                                6.2.2 Websites/Desktop              

                                6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-o-Y Growth Rate Analysis             

                                6.2.5 Market Attractiveness Index          

                6.3 Online Food Delivery Services Market, By Payment                 

                                6.3.1 Websites/Desktop              

                                6.3.2 Cash On Delivery  

                                6.3.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.4 Y-o-Y Growth Rate Analysis             

                                6.3.5 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Channel              

                                7.2.4 By Payment            

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                                7.3.3 By Channel              

                                7.3.4 By Payment            

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Channel              

                                7.4.4 By Payment            

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                                7.5.3 By Channel              

                                7.5.4 By Payment            

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Channel              

                                7.6.4 By Payment            

8. Key Player Analysis                                    

                8.1 Uber Technologies Inc                           

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 DoorDash                    

                8.3 Takeaway.com                          

                8.4 Swiggy                          

                8.5 Zomato                        

                8.6 Just Eat Holding Limited                        

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional, and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and also identify the regions that are still untapped
  • The segment-level analysis in terms of type, channel type, payment method, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis, and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies, and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Online Food Delivery Services Market By Region, From 2021-2026 ( USD Billion )
  2. Global Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  3. Global Platform-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  4. Global Restaurant-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  5. Global Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  6. Global Mobile Applications Market By Region, From 2021-2026 ( USD Billion )
  7. Global Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  8. Global Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  9. Global Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  10. Global Cash On Delivery Market By Region, From 2021-2026 ( USD Billion )
  11. North America Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  12. North America Platform-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  13. North America Restaurant-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  14. North America Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  15. North America Mobile Applications Market By Region, From 2021-2026 ( USD Billion )
  16. North America Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  17. North America Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  18. North America Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  19. North America Cash On Delivery Market By Region, From 2021-2026 ( USD Billion )
  20. United States Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  21. United States Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  22. United States Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  23. Canada Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  24. Canada Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  25. Canada Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  26. Europe Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  27. Europe Platform-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  28. Europe Restaurant-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  29. Europe Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  30. Europe Mobile Applications Market By Region, From 2021-2026 ( USD Billion )
  31. Europe Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  32. Europe Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  33. Europe Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  34. Europe Cash On Delivery Market By Region, From 2021-2026 ( USD Billion )
  35. U.K. Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  36. U.K. Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  37. U.K. Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  38. Germany Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  39. Germany Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  40. Germany Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  41. France Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  42. France Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  43. France Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  44. Italy Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  45. Italy Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  46. Italy Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  47. Spain Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  48. Spain Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  49. Spain Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  50. Asia Pacific Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  51. Asia Pacific Platform-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  52. Asia Pacific Restaurant-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  53. Asia Pacific Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  54. Asia Pacific Mobile Applications Market By Region, From 2021-2026 ( USD Billion )
  55. Asia Pacific Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  56. Asia Pacific Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  57. Asia Pacific Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  58. Asia Pacific Cash On Delivery Market By Region, From 2021-2026 ( USD Billion )
  59. Japan Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  60. Japan Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  61. Japan Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  62. China Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  63. China Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  64. China Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  65. India Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  66. India Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  67. India Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  68. Australia Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  69. Australia Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  70. Australia Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  71. South Korea Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  72. South Korea Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  73. South Korea Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  74. Latin America Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  75. Latin America Platform-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  76. Latin America Restaurant-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  77. Latin America Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  78. Latin America Mobile Applications Market By Region, From 2021-2026 ( USD Billion )
  79. Latin America Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  80. Latin America Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  81. Latin America Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  82. Latin America Cash On Delivery Market By Region, From 2021-2026 ( USD Billion )
  83. Brazil Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  84. Brazil Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  85. Brazil Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  86. Argentina Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  87. Argentina Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  88. Argentina Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  89. Mexico Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  90. Mexico Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  91. Mexico Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  92. Rest of Latin America Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  93. Rest of Latin America Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  94. Rest of Latin America Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  95. Middle East and Africa Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  96. Middle East and Africa Platform-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  97. Middle East and Africa Restaurant-To-Consumer Market By Region, From 2021-2026 ( USD Billion )
  98. Middle East and Africa Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  99. Middle East and Africa Mobile Applications Market By Region, From 2021-2026 ( USD Billion )
  100. Middle East and Africa Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  101. Middle East and Africa Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  102. Middle East and Africa Websites/Desktop Market By Region, From 2021-2026 ( USD Billion )
  103. Middle East and Africa Cash On Delivery Market By Region, From 2021-2026 ( USD Billion )
  104. Middle East Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  105. Middle East Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  106. Middle East Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )
  107. Africa Online Food Delivery Services Market By Type, From 2021-2026 ( USD Billion )
  108. Africa Online Food Delivery Services Market By Channel, From 2021-2026 ( USD Billion )
  109. Africa Online Food Delivery Services Market By Payment, From 2021-2026 ( USD Billion )

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