According to IMARC Group’s latest report, titled “Online Food Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global online food delivery market reached a value of US$ 107.4 Billion in 2020. Online food delivery refers to the procedure of placing a food order through websites and mobile applications. These systems are commonly categorized into restaurant-to-consumer and platform-to-consumer delivery. Online food delivery applications offer filters and different types of payment methods, such as cash on delivery, net banking, food coupons, and credit/debit card. It enables consumers to create an account for hassle-free ordering, faster checkout, easier menu comparisons, and minimum human interaction.

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The proliferation of smartphones, availability of high-speed internet, and expansion in the food and beverage (F&B) industry are majorly driving the global market growth. Additionally, consumers are increasingly shifting toward online food delivery as they offer diverse food options, discounts, door-step delivery, and secured payment gateways. Moreover, these service providers are implementing promotional strategies by identifying recurring consumers and taste patterns, which is acting as a growth-inducing factor. Apart from this, rapid urbanization and continuous upgradation of the distribution network are creating a positive outlook for the market. Looking forward, IMARC Group expects the market to grow at a CAGR of around 11% during 2021-2026.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

  • Just Eat
  • GrubHub
  • Delivery Hero
  • Deliveroo
  • com
  • Foodpanda
  • me
  • Meituan Waimai

Market Segmentation:

Market Breakup by Platform Type

  • Website
  • Applications

Market Breakup by Business Model

  • Order Focused Food Delivery System
  • Logistics Based Food Delivery System
  • Full-Service Food Delivery System

Market Breakup by Payment Method

  • Online
  • Cash on Delivery

Market Breakup Region

  • China
  • North America
  • Asia Pacific ( excluding china)
  • Europe
  • Rest of the World

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Key highlights of the report:                                                    

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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