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Online Food Delivery Services Market By Delivery Type (Restaurant-to-Consumer Delivery, Platform-to-Consumer Delivery), By Restaurant Type (Franchises, Standalone Restaurants) - Growth, Future Prospects, And Competitive Analysis, 2018 - 2026

Convenience and lucrative offers are positively influencing the growth of the online food delivery services market.

The market for online food delivery services was valued at US$ 81.56 billion in 2017 and was expected to grow at a CAGR of 9.8% from 2017 to 2026. Technology has made its presence felt in every aspect of our lives. The food industry has no expectations in this regard either. The market for online food delivery services has witnessed significant growth in recent years. Convenience and attractive offers are the two most prominent factors aiding the market growth. There is an increasing number of players entering this market as a result of the huge potential it has to offer. The market is witnessing adequate funding and investments, a factor further facilitating the market growth. Rising smartphone proliferation is another important factor contributing to the market's growth.

Market Synopsis

In the coming years, the online food delivery services market is expected to witness fierce competition among the players.

The online food delivery services market is expected to witness intense competition in the coming years. With people getting used to the idea of online food delivery, an increasing number of players are expected to enter the market in the coming years. The competition is often a discount-driven battle, and the companies that provide these discounts often face losses. Robotic delivery is expected to be an upcoming trend in the market. Similarly, artificial intelligence solutions and drone delivery might be rolled out in the future.

Asia Pacific to Emerge as the Fastest-Growing Market for Online Food Delivery Services

Asia-Pacific is expected to witness the fastest growth in the coming years. The region has seen a significant increase in the number of smartphone users in recent years. Moreover, increasing internet penetration and rising disposable income are the other prominent factors aiding market growth in the region. China and India are expected to remain at the forefront in terms of this growth.

Report Scope by Segments

The report categorizes the market in terms of delivery type, restaurant type, and geography.

Key players profiled in the report include UberEats, Grubhub, Deliveroo, Domino's, Just Eat, Swiggy, Zomato, Food Panda, DoorDash, and Pastafare, among others.

Key questions are answered in this report.

  • What was the size of the global online food delivery services market in 2017, and what is the forecast for 2026?
  • What are the current trends in the online food delivery service market?
  • What are the various valuable opportunities for the players in the market?
  • Which is the largest regional market for online food delivery services?
  • Which region is expected to have the fastest growth and why?
  • What are the future prospects for the online food delivery service market?
  • What are the major drivers and restraints influencing the market's growth?
  • What are the key strategies adopted by the leading players in the market?

Frequently Asked Questions:

The market for Online Food Delivery Services Market is expected to reach US$ 81.56 Bn in 2026.

The Online Food Delivery Services Market is expected to see significant CAGR growth over the coming years, at 9.8%.

The report is forecasted from 2018-2026.

The base year of this report is 2017.

UberEats, Grubhub, Deliveroo, Domino's, Just Eat, Swiggy, Zomato, Food Panda, DoorDash, and Pastafare are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jan 2019
Category:  Technology & Media
Report ID:   59559
Report Format:   PDF
Pages:   120
Rating:    4.2 (69)
Delivery Time: 24 Hours to 48 Hours   
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