The Online food delivery services market was valued at US$ 81.56 Bn in 2017 and will be growing at a CAGR of 9.8% during the forecast period from 2018 to 2026.
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According to a new market research report published by Credence Research “Online Food Delivery Services Market (Delivery Type – Restaurant-to-Consumer Delivery and Platform-to-Consumer Delivery; Restaurant Type – Franchises and Standalone Restaurants) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the Online food delivery services market was valued at US$ 81.56 Bn in 2017 and will be growing at a CAGR of 9.8% during the forecast period from 2018 to 2026.
Browse the full report at https://www.credenceresearch.com/report/online-food-delivery-services-market
Market Insights
The online food delivery services market was valued at US$ 81.56 Bn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 9.8% during the forecast period from 2018 to 2026. In recent years, online food delivery has witnessed a rapid growth. These platforms allows customers to order food from an array of restaurants with a single tap on their mobile phone. The rise of the digital technology has reshaped the food delivery services market and consumers expect the same convenience and transparency which they are accustomed to while shopping online through apps or websites. Adequate funding and investments in this market space has been one of the most prominent factors aiding the online food delivery services market growth. The popularity of online food delivery services has been mostly the result of the numerous benefit it renders such as doorstep delivery, attractive discounts, rewards & cashback offers and various payment options.
There lies intense competition amongst the players operating in the online food delivery services market. Often the players in order to thrive in the competitive market are indulged in a discount-driven battle. For instance, it costs Zomato, an Indian restaurant search, discovery and deliver company approximately US$ 20 million as a result of the various discount it offers its customers. However, the same deep discounting approach of the company also helps it to add new members on the platform. The market is also witnessing trends such as robot delivery being trialled by some retailers.
Asia Pacific expected to register the fastest growth during the forecast period cfrom 2018 to 2026. Higher disposable income, a greater number of people with access to internet, increased smartphone proliferation and families with Double-Income-No-Kids (DINKS), are some of the most prominent factors aiding the food delivery services market growth in the region.
Key players profiled in the report include UberEats, Grubhub, Deliveroo, Domino’s, Just Eat, Swiggy, Zomato, Food Panda, DoorDash and Pastmates among others.
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Current trends in the online food delivery services market:
An increasing number of consumers are ordering food online and at a higher frequency
Technology will play a crucial role in the years to come
The market will witness fierce competition between in-house and third-party delivery service providers
Artificial intelligence solutions and drone delivery might be rolled out
Increasing use of analytics
Delivery Type (2016–2026; US$ Bn)
Restaurant-to-Consumer Delivery
Platform-to-Consumer Delivery
Restaurant Type (2016–2026; US$ Bn)
Franchises
Standalone Restaurants
ToC:
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Online Food Delivery Services Market Value, 2016 – 2026
3.2 Market Drivers
3.3 Market Challenges
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, by Geography
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Online Food Delivery Services Market Analysis, by Delivery Type, 2016 – 2026
4.1 Overview
4.2 Restaurant-to-Consumer Delivery
4.3 Platform-to-Consumer Delivery
Chapter 5 Global Online Food Delivery Services Market Analysis, by Restaurant Type, 2016 – 2026
5.1 Overview
5.2 Franchises
5.3 Standalone Restaurants
Chapter 6 North America Online Food Delivery Services Market Analysis, 2016 – 2026
6.1 Overview
6.2 North America Online Food Delivery Services Market Analysis, By Delivery Type, 2016 – 2026
6.2.1 Market Analysis
6.3 North America Online Food Delivery Services Market Analysis, By Restaurant Type, 2016 – 2026
6.3.1 Market Analysis
6.4 North America Online Food Delivery Services Market Analysis, By Country, 2016 – 2026
6.4.1 U.S.
6.4.2 Canada
Chapter 7 Europe Online Food Delivery Services Market Analysis, 2016 – 2026
7.1 Overview
7.2 Europe Online Food Delivery Services Market Analysis, By Delivery Type, 2016 – 2026
7.2.1 Market Analysis
7.3 Europe Online Food Delivery Services Market Analysis, By Restaurant Type, 2016 – 2026
7.3.1 Market Analysis
7.4 Europe Online Food Delivery Services Market Analysis, By Region/Country, 2016 – 2026
7.4.1 U.K.
7.4.2 Germany
7.4.3 France
7.4.4 Rest of Europe
Chapter 8 Asia Pacific Online Food Delivery Services Market Analysis, 2016 – 2026
8.1 Overview
8.2 Asia Pacific Online Food Delivery Services Market Analysis, By Delivery Type, 2016 – 2026
8.2.1 Market Analysis
8.3 Asia Pacific Online Food Delivery Services Market Analysis, By Restaurant Type, 2016 – 2026
8.3.1 Market Analysis
8.4 Asia Pacific Online Food Delivery Services Market Analysis, By Region/Country, 2016 – 2026
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
Chapter 9 Rest of the World (RoW) Online Food Delivery Services Market Analysis, 2016 – 2026
9.1 Overview
9.2 RoW Online Food Delivery Services Market Analysis, By Delivery Type, 2016 – 2026
9.2.1 Market Analysis
9.3 RoW Online Food Delivery Services Market Analysis, By Restaurant Type, 2016 – 2026
9.3.1 Market Analysis
9.4 RoW Online Food Delivery Services Market Analysis, By Country, 2016 – 2026
9.4.1 Middle East & Africa (MEA)
9.4.2 Latin America
Chapter 10 Company Profiles
10.1 UberEats
10.2 Grubhub
10.3 Deliveroo
10.4 Domino’s
10.5 Just Eat
10.6 Swiggy
10.7 Zomato
10.8 Food Panda
10.9 DoorDash
10.10 Pastmates
………………..toc continued
Browse the full report at https://www.credenceresearch.com/report/online-food-delivery-services-market
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