Online Food Delivery Market Size, Share, Trends, and Analysis by Service, Outlet, Region, and Segment Forecast to 2028
Powered by 
Access in-depth insight and stay ahead of the market
Accessing the in-depth insights from the ‘Online Food Delivery’ report can help:
- Gain valuable insights into both present and future market conditions, empowering businesses to make informed decisions regarding market entry, product development, and investment strategies
- Assess competitors’ strengths and capabilities to maintain a competitive edge in the market
- Identify segments and analyze the roles of different stakeholders throughout the entire value chain
- Anticipate shifts in demand and adapt business development strategies accordingly
- Identify potential regions and countries for identifying growth opportunities
How is our ‘Online Food Delivery’ report different from other reports in the market?
- The report presents in-depth market sizing and forecast at a segment level for more than 15 countries including historical and forecast analysis for the period 2018-2028 for market assessment.
- Detailed segmentation by:
- Service – Outlet-to-Consumer and Platform-to-Consumer
- Outlet – Restaurant, Retail, Mobile Operator, and Pub, Club, & Bar
- Region – North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
- The report covers key market drivers and challenges impacting the online food delivery market.
- The report covers a Mergers & Acquisitions (M&A), Venture Finance, Patent Analytics, and Social Media activities dashboard.
- The competitive landscape includes competitive positioning of key companies and company share analysis in the online food delivery market that will help the stakeholders in the ongoing process of identifying, researching, and evaluating competitors, to gain insight to form their business strategies.
- Competitive profiling and benchmarking of key companies in the market to provide a deeper understanding of industry competition.
- The report can be a valuable tool for stakeholders to improve their operations, increase customer satisfaction, and maximize profitability by analyzing the latest online food delivery trends, tracking market growth and demand, and evaluating the existing competition in the market.
We recommend this valuable source of information to:
- Companies Offering Online Food Delivery Services/Solutions
- Consulting & Professional Services Firms
- Venture Capital/Equity Firms
Get a Snapshot of the Online Food Delivery Market
Online Food Delivery Market Report Overview
The online food delivery market size revenue was valued at $569.1 billion in 2023. The market will grow at a compound annual growth rate (CAGR) of more than 4% over the forecast period.
The following are some of the key highlights of the online food delivery market:
- The increasing smartphone penetration coupled with widespread access to internet connectivity will significantly boost the adoption of online food delivery services.
- Technological advancements such as AI-driven recommendations, diverse payment methods, and real-time order tracking will enhance the user experience thereby promoting online food delivery market growth over the forecast period.
- Consumers’ growing preference for health-conscious food options that offer the convenience of home delivery is further responsible for the growth of the online food delivery sector.
Online Food Delivery Market Outlook, 2018-2028 ($ Billion)
Buy the Full Report for Additional Insights on the Online Food Delivery Market Forecast
The impressive expansion of the online food delivery market in recent years has introduced several challenges. One such notable challenge is the management of a large volume of orders.
| Market Size (2023) | $569.1 billion |
| CAGR (2024-2028) | >4% |
| Forecast Period | 2024-2028 |
| Historic Data | 2018-2023 |
| Report Scope & Coverage | Revenue Forecast, Competitive Landscape, Company Profiling, Growth Trends |
| Service | Outlet-to-Consumer, Platform-to-Consumer |
| Outlet Segment | Restaurant, Retail, Mobile Operator, and Pub, Club, & Bar |
| Regions | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Countries | US, Canada, UK, Germany, France, China, Japan, India, Brazil, Mexico, Colombia, South Africa, Saudi Arabia, UAE |
| Key Companies | Microsoft Corp., Alphabet Inc., International Business Machines Corp., Samsung Electronics Co Ltd., Intel Corp, Qualcomm Inc., Apple Inc., Amazon.com Inc., Cisco Systems Inc., Salesforce Inc. |
| Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Online Food Delivery Market Segmentation by Service Type
The online food delivery market is segmented into platform-to-consumer and outlet-to-consumer segments. The platform-to-consumer segment, which is the largest of the two, is projected to capture more than 85% of the market by 2028. Innovative and easy-to-use food aggregator applications have revolutionized the meal delivery process. Intuitive interfaces enable customers to explore restaurant options, personalize orders, and complete payments smoothly. Tech-enabled driver networks ensure effective last-mile delivery, improving convenience for both consumers and restaurants.
Online Food Delivery Market Share by Service Type, 2023 (%)
Buy the Full Report for More Information on Online Food Delivery Market by Service Type
Online Food Delivery Market Segmentation by Outlet Type
Online food delivery services are primarily catered through four outlet types, restaurant, retail, mobile operator, and pub, club, & bar. The restaurant segment currently dominates the market, holding over 95% share. It is expected to further solidify its position, capturing more than 98% of the market by 2028. During the forecast period, the segment is expected to witness steady growth, exceeding a CAGR of 4%.Convenience, a variety of cuisine options, busy schedules, and discount offers are key factors driving the growth of the restaurant segment.
Online Food Delivery Market Share by Outlet Type, 2023 (%)
Buy the Full Report for More Information on Online Food Delivery Market Outlet Types
Online Food Delivery Market Analysis by Region
Asia Pacific online food delivery market value was the highest in 2023, capturing over 55% of the overall market size. China led the regional market, accounting for over 75% of the online food delivery market in 2023. A large base of young working population leading busy lifestyles are increasingly looking for convenient meal options, including meal delivery services. The Chinese food delivery market is led by local companies such as Meituan and Ele.me which has the advantage of efficient logistics networks, extensive partnerships with restaurants, and user-friendly interfaces.
Online Food Delivery Market Share by Region, 2023 (%)
Buy the Full Report for Regional Insights into the Online Food Delivery Market
Online Food Delivery Market – Competitive Landscape
The key companies leading the online food delivery market include McDonald’s Corp., and Yum! Brands, Inc., Restaurant Brands International, Domino’s Pizza Inc., Starbucks Corp., Uber Eats, DoorDash Inc., GrubHub Inc., Zomato Ltd., and Just Eat Takeawaycom N.V., among others.
The online food delivery sector is characterized by significant fragmentation, indicating the stiff competition between companies to gain market share. Changing consumer preferences, technological advancements, and the rise of new business models have all contributed to fueling this competition. Many venture capital firms are making substantial investments in innovative online food delivery startups that boast cutting-edge expertise.
Leading Companies in the Online Food Delivery Market
- McDonald’s Corp.
- Yum! Brands, Inc.
- Restaurant Brands International
- Domino’s Pizza Inc.
- Starbucks Corp.
- Uber Eats
- DoorDash Inc.
- GrubHub Inc.
- Zomato Ltd.
- Just Eat Takeawaycom N.V.
Other Online Food Delivery Market Vendors Mentioned
Bloomin’ Brands Inc., Anheuser-Busch InBev N.V., Spur Corporation Ltd., Famous Brands Ltd., Minor International PCL, Deliveroo, Swiggy (Bundl Technologies), and Wendy’s among others.
Buy the Full Report to Know More About Leading Online Food Delivery Companies
Online Food Delivery Market Segments
GlobalData Plc has segmented the online food delivery market report by service, outlet, and region:
Online Food Delivery Market Service Outlook (Revenue, $Million, 2018-2028)
- Outlet-to-Consumer
- Platform-to-Consumer
Online Food Delivery Market Outlet Outlook (Revenue, $Million, 2018-2028)
- Restaurant
- Retail
- Mobile Operator
- Pub, Club, & Bar
Online Food Delivery Market Regional Outlook (Revenue, $Million, 2018-2028)
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Colombia
- Rest of Latin America
- Middle East & Africa
- United Arab Emirates (UAE)
- Kingdom of Saudi Arabia (KSA)
- South Africa
- Rest of Middle East & Africa
Scope
This report provides overview and service addressable market for online food delivery.
- It identifies the key trends impacting growth of the market over the next 12 to 24 months, split into four categories: technology trends, macroeconomic trends, consumer trends and regulatory trends.
- It includes global market forecasts for the online food delivery industry and analysis of patents and company filings trends.
- It contains details of M&A and VF deals in the online food delivery space.
- The detailed value chain consists of five main aspects: food and drinks suppliers, food and drinks vendors, maarketing team, payment solutions, and online food delivery aggregators.
Reasons to Buy
- This market intelligence report offers a thorough, forward-looking analysis of the global Online food delivery market, service type, outlet type, key vendor outlook, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
- Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in online food delivery markets.
- With more than 50 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
- The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in online food delivery markets.
- The broad perspective of the report coupled with comprehensive, actionable detail will help online food delivery players, investors, and other stakeholders succeed in the growing online food delivery market globally.
Key Players
McDonald's Corp.Yum! Brands
Starbucks Corporation
Restaurant Brands International
Domino's Pizza Inc.
Zomato
Uber Eats
DoorDash
Meituan
Bundl Technologies (Swiggy)
Deliveroo
Just Eat
Table of Contents
Table
Figures
Frequently asked questions
-
What was the online food delivery market size in 2023?
The online food delivery market size was valued at $569.1 billion in 2023.
-
What is the online food delivery market growth rate?
The online food delivery market is expected to grow at a CAGR of more than 4% during the forecast period.
-
What is the key online food delivery market drivers?
The growing penetration of smartphones and the Internet coupled with the increasingly busy lifestyles of consumers is boosting the demand for convenient food options, thereby driving the overall market.
-
Which was the leading service type segment in the online food delivery market in 2023?
Platform-to-consumer accounted for the largest online food delivery market share in 2023.
-
Which was the leading outlet type segment in the online food delivery market in 2023?
Restaurant accounted for the largest online food delivery market share in 2023.
-
Which was the leading region in the online food delivery market in 2023?
Asia-Pacific accounted for the largest online food delivery market share in 2023.
-
Which are the leading Online Food Delivery companies globally?
The leading online food delivery companies are McDonald’s Corp., Yum! Brands, Inc., Restaurant Brands International, Domino’s Pizza Inc., Starbucks Corp., Uber Eats, DoorDash Inc., GrubHub Inc., Zomato Ltd., and Just Eat Takeawaycom N.V.
-
Is there a third level of segmentation in the report?
GlobalData’s focus is on providing reliable and accurate data that is supported by robust research methodology. Our reports undergo rigorous quality checks and are based on primary and secondary research sources, ensuring that the numbers and insights provided are trustworthy. However, despite the best efforts to gather comprehensive data, there could be instances where the available data is limited, making it challenging to provide third-level segmentation. In such cases, GlobalData may choose to provide high-level insights and general trends rather than forcing segmentation that may not be backed by sufficient data. This approach ensures that the report’s overall quality and credibility are maintained.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Sample Report
We are confident about Online Food Delivery Market Size, Share, Trends, and Analysis by Service, Outlet, Region, and Segment Forecast to 2028 report's unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:
- Assess the relevance of the report
- Evaluate the quality of the report
- Justify the cost
Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.
Related reports
View more Foodservice reports
