DUBLIN, January 27, 2022--(BUSINESS WIRE)--The "Online Food Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global online food delivery market reached a value of US$ 106.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 223.7 Billion by 2027, exhibiting a CAGR of 11.44% during 2022-2027.
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor
Online food delivery is a process of ordering and delivering food items to the customers at their doorsteps who have ordered their food through various food delivery websites and applications by using their computers or smartphones. A customer will search for a favourite restaurant, choose from available items, select the payment method and confirm the order. Food delivery applications allow the consumer to register and uphold an account in order to make frequent ordering more convenient. Online food delivery is gaining popularity among both consumers and food service providers as it is benefiting both.
Consumers are adopting online food delivery because of its ease, speed, and precision, while food service providers see the potential for increased revenue, reduced labor expenses and reduced errors. Over the past few years the trend of online food ordering has been increasing. One of the major factors driving the market growth is the rising penetration of smartphones and internet connections which provide the opportunity to get the food delivered very conveniently and quickly. Online food delivery offers consumers with a wide range of food items available on their smartphones and the convenience of getting it delivered at their doorsteps.
Moreover, online food delivery companies provides numerous benefits to foodservice providers as well. One of the biggest advantages of online food delivery are savings in labor since the staff is not tied up on the phone or at the counter. Along with labor savings, other major benefits of online food delivery for foodservice providers include enhanced accuracy of online orders, increased convenience for the guest, simpler order processing, etc. Additionally, online food ordering can also provide food service providers with key customer information that can be useful for making promotional strategies, such as targeted promotions designed to create off-peak demand, specials targeted at particular customer segments, and couponing strategies
Key Question Answered in this Report
1. What is the market size for the global online food delivery market?
2. What is the global online food delivery market growth?
3. What are the global online food delivery market drivers?
4. What are the key industry trends in the global online food delivery market?
5. What is the impact of COVID-19 on the global online food delivery market?
6. What is the global online food delivery market breakup by platform type?
7. What is the global online food delivery market breakup by business model?
8. What is the global online food delivery market breakup by payment mode?
9. What are the major regions in the global online food delivery market?
10. Who are the key companies/players in the global online food delivery market?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Online Food Delivery Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Platform Type
5.5 Market Breakup by Business Model
5.6 Market Breakup by Payment Method
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.10 Value Chain Analysis
5.11 Porters Five Forces Analysis
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
5.12 Price Analysis
5.13 Key success and risk factors
6 Market Breakup by Platform Type
6.1 Mobile Applications
6.1.1 Market Performance
6.1.2 Market Forecast
6.2.1 Market Performance
6.2.2 Market Forecast
7 Market Breakup by Business Model
7.1 Order Focused Food Delivery System
7.1.1 Market Performance
7.1.2 Market Forecast
7.2 Logistics Based Food Delivery System
7.2.1 Market Performance
7.2.2 Market Forecast
7.3 Full-Service Food Delivery System
7.3.1 Market Performance
7.3.2 Market Forecast
8 Market Breakup by Payment Method
8.1 Online Payment
8.1.1 Market Performance
8.1.2 Market Forecast
8.2 Cash on Delivery
8.2.1 Market Performance
8.2.2 Market Forecast
9 Market Breakup by Region
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
11 Key Player Profiles
11.1 Just Eat
11.3 Delivery Hero
11.8 Meituan Waimai
For more information about this report visit https://www.researchandmarkets.com/r/5a5h9o
View source version on businesswire.com: https://www.businesswire.com/news/home/20220127005545/en/
Laura Wood, Senior Press Manager
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