The global food delivery market accounted for USD 151 Billion in 2020 and expected to reach around USD 361 Billion in 2028 with a considerable CAGR of 12% during the forecast period of 2021 to 2028.
Food delivery is a courier service that delivers food to customers on their requirements by restaurants, café, stores, or third-party applications. Right now,food orders are executed by mobile apps, websites such as (doordash, zomato, deliveroo, swiggy, and others) or via telephone. Food delivery has now become a crucial part of the urban lifestyle post pandemic with people ordering food more than ever. Furthermore, rising demand and preference for home delivery options is further propelling the growth of the food delivery market over the forecast period.
Market Drivers:
- Surge in penetration of internet and user-base
- Productive discounts offered by food delivery apps and services
- Quick shifting to digital technology and expanding options
Market Restrains:
• Huge market competition due to established players making it difficult for new entrants to survive in the market
• Price fluctuation in the market imposing risk to the service providers
Report Coverage:
| Market |
Food Delivery Market |
| Market Size 2020 |
USD 151 Billion |
| Market Forecast 2028 |
USD 361 Billion |
| CAGR |
12 % During 2021 - 2028 |
| Analysis Period |
2017 - 2028 |
| Base Year |
2020 |
| Forecast Data |
2021 - 2028 |
| Segments Covered |
By Type, By Platform, By Model, By Payment and By Geography
|
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
Grubhub, Uber Technologies Inc., Foodpanda, Zomato, Deliveroo, Just Eat Takeaway.com., Doordash, Swiggy, Pizza Hut Inc., Mobo Systems, Inc. and among others.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
| Customization Scope |
10 hrs of free customization and expert consultation
|
Market Dynamics
The market is currently showing lucrative growth due the surge in internet penetration with access to high-speed internet facilities inconvergence with the enhanced working population and inflating income levels is fueling the growth of the food delivery market. In addition, rising smartphone users globally and their inclination towards online shopping for food and beverages is further propelling the market for food delivery market. Food & beverages (F&B) e-commerce users reached upto1.5 billion in 2020 and are anticipated to expand by 800 million with a significant CAGR of 25% during the forthcoming years. For instance, according to Forbes, between February and April 2020, 34% of food delivery customers used Uber Eats in the US. Moreover, growing food delivery apps on smartphones and increased number of users of young generation across the emerging regions is fueling the market. Furthermore, the android platform offers a user-friendly approach, flexibility, operation, technological advancements in the design, which in turn drives the substantial growth in the food delivery market throughout the forecast period.
Market Segmentation
Market by Type
- Meal Kit Delivery
- Restaurant Prepared Food Delivery
- Grocery Delivery
- Veggie Box Delivery
Among type, meal kit delivery held the largest share in the food delivery market owing to manufacturers providing ready-to-cook fresh ingredients for recipes that users can be the cook at their homes.
Market by Platform
- Online
- Offline
- Online to Offline (O2O)
Among platform, online food delivery platform showed significant growth due to growing number of online food delivery apps and ease in ordering app through such apps.
Market by Model
- Platform to Customer
- Aggregators
- Full-Stack Model
- Restaurant to Consumer Model
Among model, the Platform to customer segment dominates the food delivery market share in 2020 this is attributed to the third-party applications offered to users by a list of existing restaurants which is nearby the customer location. In addition, food is delivered through the café, restaurant, or delivery agent registered on the platform.
Market By Payment
- Online Payment
- Cash on Delivery
Among the payment segment, the online payment segment accounted for a lucrative growth owing to the fixed digitalization trend in worldwide countries. Moreover, payments can be made by net banking, debit or credit cards, payment portals, which is a major level of convenience for customers. Furthermore, enhancing use for digital money and rising numerous partnerships among the food delivery service contributors and banks is further propelling the market growth of this segment, and the trend is expected to continue throughout the forthcoming years.
Regional Overview
Asia Pacificdominated the market share and anticipated to expand with a significant CAGR during the forthcoming years
The food delivery market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific accounted for a substantial revenue share in 2020 due to growing demand from China. In addition, rising urbanization and inclining profitable growth in the past few years have positively impacted the country’s food industry and food delivery services. However, online food delivery services are showing increased growth due to the enhanced convenience and user-friendly options as compared to offline platforms. Moreover, online food delivery services are also improving the availability and accessibility of the food for the user, which has provided evidence to be a prominent game-changer for the food delivery market. Furthermore, Asia Pacific held huge potential and exhibit large growth in terms of increasing consumption towards fast foods, enhancing usage of m-Commerce, escalating advanced technology and internet penetration, and high presence of local players.
While, North America is leading the food delivery market due to the superior presence of online food delivery service providers, increase in demand for customization in food offerings, high acceptance of fast foods among consumers, extensive advertisements through the manufacturers for hygienic home delivery services, high presence of restaurant chains that provides home delivery services and rising demand for ready-to-eat products.
Competitive Landscape
This section of the report pinpoints various key vendors of the market. Some of the key players offered in the report include Grubhub, Uber Technologies Inc., Foodpanda, Zomato, Deliveroo, Just Eat Takeaway.com., Doordash, Swiggy, Pizza Hut Inc., Mobo Systems, Inc. and among others.
Market By Geography
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Food Delivery
1.1. Definition and Scope
1.1.1. Definition of Food Delivery
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Food Delivery market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Food DeliveryBy Type
1.2.3. Food DeliveryBy Platform
1.2.4. Food DeliveryBy Model
1.2.5. Food DeliveryBy Payment
1.2.6. Food Delivery by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Technology
2.2.1. Secondary Source
2.2.2. Primary Source
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Food Delivery Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Food Delivery Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Regulatory Compliance
3.9. Competitive Landscape, 2019
3.9.1. Player Positioning Analysis
3.9.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Food Delivery By Type
4.1. Introduction
4.2. Food Delivery Revenue By Type
4.2.1. Food Delivery Revenue (US$ Bn) and Forecast, By Type, 2017-2028
4.2.2. Meal Kit Delivery
4.2.2.1. Meal Kit Delivery Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
4.2.3. Restaurant Prepared Food Delivery
4.2.3.1. Restaurant Prepared Food DeliveryMarket Revenue (US$ Bn) and Growth Rate (%), 2017-2028
4.2.4. Grocery Delivery
4.2.4.1. Grocery Delivery Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
4.2.5. Veggie Box Delivery
4.2.5.1. Veggie Box DeliveryMarket Revenue (US$ Bn) and Growth Rate (%), 2017-2028
CHAPTER 5. Food Delivery Market By Platform
5.1. Introduction
5.2. Food Delivery Revenue (US$ Bn) By Platform
5.2.1. Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
5.2.2. Online
5.2.2.1. OnlineMarket Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.3. Offline
5.2.3.1. OfflineMarket Revenue (US$ Bn) and Growth Rate (%), 2017-2028
5.2.4. Online to Offline (O2O)
5.2.4.1. Online to Offline (O2O) Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
CHAPTER 6. Food Delivery Market By Model
6.1. Introduction
6.2. Food Delivery Revenue (US$ Bn) By Model
6.2.1. Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
6.2.2. Platform to Customer
6.2.2.1. AggregatorsMarket Revenue (US$ Bn) and Growth Rate (%), 2017-2028
6.2.3. Aggregators
6.2.3.1. Aggregators Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
6.2.4. Full-Stack Model
6.2.4.1. Full-Stack ModelRevenue (US$ Bn) and Growth Rate (%), 2017-2028
6.2.5. Restaurant to Consumer Model
6.2.5.1. Restaurant to Consumer Model Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
CHAPTER 7. Food Delivery Market Revenue By Payment
7.1. Introduction
7.2. Food Delivery Revenue (US$ Bn) By Payment
7.2.1. Food Delivery Revenue (US$ Bn) and Forecast ByPayment, 2017-2028
7.2.2. Online Payment
7.2.2.1. Online Payment Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
7.2.3. Cash on Delivery
7.2.3.1. Cash on Delivery Market Revenue (US$ Bn) and Growth Rate (%), 2017-2028
CHAPTER 8. North America Food Delivery Market By Country
8.1. North America Food Delivery Overview
8.2. U.S.
8.2.1. U.S. Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
8.2.2. U.S. Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
8.2.3. U.S. Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
8.2.4. U.S. Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
8.2.5. U.S. Food Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
8.3. Canada
8.3.1. Canada Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
8.3.2. Canada Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
8.3.3. Canada Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
8.3.4. Canada Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
8.3.5. CanadaFood Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
8.4. North America PEST Analysis
CHAPTER 9. Europe Food Delivery Market By Country
9.1. Europe Food Delivery Overview
9.2. U.K.
9.2.1. U.K. Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
9.2.2. U.K. Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
9.2.3. U.K. Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
9.2.4. U.K. Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
9.2.5. U.K. Food Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
9.3. Germany
9.3.1. Germany Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
9.3.2. Germany Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
9.3.3. Germany Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
9.3.4. Germany Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
9.3.5. GermanyFood Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
9.4. France
9.4.1. France Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
9.4.2. France Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
9.4.3. France Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
9.4.4. France Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
9.4.5. France Food Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
9.5. Spain
9.5.1. Spain Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
9.5.2. Spain Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
9.5.3. Spain Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
9.5.4. Spain Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
9.5.5. Spain Food Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
9.6. Rest of Europe
9.6.1. Rest of Europe Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
9.6.2. Rest of Europe Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
9.6.3. Rest of Europe Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
9.6.4. Rest of Europe Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
9.6.5. Rest of Europe Food Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Food Delivery Market By Country
10.1. Asia Pacific Food Delivery Overview
10.2. China
10.2.1. China Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
10.2.2. China Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.2.3. China Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
10.2.4. China Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.2.5. ChinaFood Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
10.3. Japan
10.3.1. Japan Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
10.3.2. Japan Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.3.3. Japan Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
10.3.4. Japan Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.3.5. JapanFood Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
10.4. India
10.4.1. India Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
10.4.2. India Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.4.3. India Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
10.4.4. India Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.4.5. IndiaFood Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
10.5. Australia
10.5.1. Australia Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
10.5.2. Australia Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.5.3. Australia Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
10.5.4. Australia Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.5.5. AustraliaFood Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
10.6. South Korea
10.6.1. South Korea Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
10.6.2. South Korea Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.6.3. South Korea Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
10.6.4. South Korea Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.6.5. South KoreaFood Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
10.7.2. Rest of Asia-Pacific Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.7.3. Rest of Asia-Pacific Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
10.7.4. Rest of Asia-Pacific Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
10.7.5. Rest of Asia-PacificFood Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Food Delivery Market By Country
11.1. Latin AmericaFood Delivery Overview
11.2. Brazil
11.2.1. Brazil Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
11.2.2. Brazil Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
11.2.3. Brazil Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
11.2.4. Brazil Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
11.2.5. BrazilFood Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-202
11.3. Mexico
11.3.1. Mexico Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
11.3.2. Mexico Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
11.3.3. Mexico Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
11.3.4. Mexico Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
11.3.5. Mexico Food Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
11.4. Rest of Latin America
11.4.1. Rest of Latin America Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
11.4.2. Rest of Latin America Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
11.4.3. Rest of Latin America Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
11.4.4. Rest of Latin America Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
11.4.5. Rest of Latin America Food Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Food Delivery Market By Country
12.1. Middle East & Africa Food Delivery Overview
12.2. GCC
12.2.1. GCC Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
12.2.2. GCC Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
12.2.3. GCC Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
12.2.4. GCC Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
12.2.5. GCC Food Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
12.3. South Africa
12.3.1. South Africa Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
12.3.2. South Africa Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
12.3.3. South Africa Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
12.3.4. South Africa Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
12.3.5. South Africa Food Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Food Delivery Revenue (US$ Bn) and Forecast By Type, 2017-2028
12.4.2. Rest of Middle East & Africa Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
12.4.3. Rest of Middle East & Africa Food Delivery Revenue (US$ Bn) and Forecast By Model, 2017-2028
12.4.4. Rest of Middle East & Africa Food Delivery Revenue (US$ Bn) and Forecast By Platform, 2017-2028
12.4.5. Rest of Middle East & Africa Food Delivery Revenue (US$ Bn) and Forecast ByStorage, 2017-2028
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Food Delivery
13.1. Food Delivery Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition InGlobal Food Delivery market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. COMPANY PROFILE
14.1. Grubhub
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Bn), 2020
14.1.3.2. Grubhub2020Food Delivery Business Regional Distribution
14.1.4. Product/ Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. Uber Technologies Inc.
14.3. Foodpanda
14.4. Zomato
14.5. Deliveroo
14.6. Just Eat Takeaway.com.
14.7. Doordash, Swiggy
14.8. Pizza Hut Inc.
14.9. Mobo Systems, Inc.
14.10. Others
