Online on-demand food delivery services market size to grow by USD 266.05 billion from 2022 to 2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

 NEW YORK, Jan. 9, 2023 /PRNewswire/ -- Technavio categorizes the global online on-demand food delivery services market as a part of the global hotels, restaurants, and leisure market, which covers companies, owners, and operators of restaurants, hotels, bars, pubs, fast-food joints, take-out facilities, and food catering services. The global online on-demand food delivery services market size is estimated to increase by USD 266.05 billion between 2022 and 2027. The market's growth momentum will progress at a CAGR of 24.64%.

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Global online on-demand food delivery services market – Vendor analysis

Vendor offerings -

• Alibaba Group Holding Ltd. - The company offers online on-demand food delivery services-related equipment for various fast food shops.
• Bundl Technologies Pvt. Ltd - The company offers online on-demand food delivery services to its customers across all major cities in India.
• Delivery Hero SE - The company offers online on-demand food delivery services straight to customers' doors.
• Domino's Pizza Inc. - The company offers online on-demand food delivery services to its customers across all top cities in the world.
• For details on vendors and their offerings – Buy the report!

Vendor landscape -

The global online on-demand food delivery services market is fragmented due to the presence of numerous players. A few prominent vendors that offer online on-demand food delivery services in the market are Alibaba Group Holding Ltd., Bundl Technologies Pvt. Ltd, Curefoods India Pvt. Ltd., Delivery Hero SE, Domino's Pizza Inc., DoorDash Inc., Dunzo Digital Pvt. Ltd., EatSure, Glovoapp23 SL, Grab Holdings Ltd., Grubhub Inc., HelloFood, HungryPanda Ltd., Just Eat Takeaway.com NV, Meituan Dianping, Movile, Rappi Inc., Talabat.com, Uber Technologies Inc, and Zomato Media Pvt. Ltd. and others.

Most of the large and established players have extensive sales and distribution networks globally, while most small players are concentrated in regional markets. This gives established vendors a moderate advantage over their competitors. Vendors compete based on parameters such as M&A, geographical presence, and product portfolio. Moreover, rivalry among vendors is high. Therefore, vendors should opt for pricing and marketing strategies to retain their existing market shares and seize new opportunities during the forecast period.

Global online on-demand food delivery services market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Global online on-demand food delivery services market - Segmentation assessment

Segment overview

Technavio has segmented the market based on type (restaurant-to-consumer and platform-to-consumer) and business segment (order-focused food delivery services and logistics-focused food delivery services). 

• The order-focused food delivery services segment will contribute significantly to the market's growth during the forecast period. Market vendors act as third-party aggregators between restaurants and customers. Customers can compare the menu, prices, reviews, and ratings of multiple restaurants by registering on a website or mobile application. In this business model, the restaurant handles the delivery and logistics aspects.

Geography overview

Based on geography, the global online on-demand food delivery services market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global online on-demand food delivery services market.

• APAC is estimated to account for 66% of the growth of the global market during the forecast period. This growth is attributed to factors such as increased investments by vendors to improve the efficiency of logistics and consumers' readiness to spend on food delivery services. China and India are some of the key contributors to the online on-demand food delivery services market in APAC.

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Global online on-demand food delivery services market – Market dynamics

Leading drivers - The increasing partnerships between restaurants and online food delivery aggregators are driving the online on-demand food delivery service market growth. The number of strategic partnerships between restaurants and online food aggregators has increased worldwide over the last few years. For instance, in 2020, McDonald's India announced its partnership with Zomato to expand the availability and accessibility of food products in the Northern and Eastern regions of the country. Such partnerships will positively impact the market's growth during the forecast period.

Key trends - The influence of social media is a major trend in the online on-demand food delivery service market. Established vendors such as Grubhub and Delivery Hero have an active social media presence to promote their online delivery services, food, and restaurants. In addition, social media enables restaurants and online on-demand food delivery service vendors to connect and engage directly with their customers. They are partnering with social media websites to expand their customer base. For instance, in June 2020, Zomato Media Pvt. Ltd. announced a partnership with Instagram to support small businesses in India during the COVID-19 pandemic. Thus, the growing popularity of social media is expected to support the market's growth during the forecast period.

Major challenges - The growing threat from direct delivery services offered by restaurants is challenging the on-demand food delivery service market growth. Several restaurants handle online orders directly to ensure complete control over aspects such as branding, quality, safety, and hygiene. However, direct orders from restaurants can reduce the average delivery time per order when compared to third-party online delivery services. In addition, established third-party online delivery vendors may charge a commission, which may reduce the profit margins of small restaurants. Hence, the rising threat from direct delivery services by restaurants may hamper the growth of the global online on-demand food delivery services market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find some insights from a sample report!

What are the key data covered in this online on-demand food delivery services market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the online on-demand food delivery services market between 2023 and 2027
• Precise estimation of the size of the online on-demand food delivery services market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the online on-demand food delivery services market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of online on-demand food delivery services market vendors

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Related Reports: 

The predicted growth of the mobile food services market size from 2021 to 2026 is USD 7.24 billion at a progressing CAGR of 5.94%. The rising demand for convenience foods is notably driving the mobile food services market growth, although factors such as fluctuations in food commodity prices may impede the market growth. 

The size of the food delivery market in India is expected to increase by USD 716.53 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 28.13%. The increasing partnerships between restaurants and food delivery service providers in India are notably driving the growth in India, although factors such as the growing threat from direct delivery services may impede the market growth.

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Business Segment
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global online on-demand food delivery services market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global online on-demand food delivery services market 2017 - 2021 ($ million)

• 4.2 Business segment Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Business segment Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Business Segment

• 6.1 Market segments
• Exhibit 30: Chart on Market Segmentation by Business Segment - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Market Segmentation by Business Segment - Market share 2022-2027 (%)

• 6.2 Comparison by Market Segmentation by Business Segment 
• Exhibit 32: Chart on Comparison by Market Segmentation by Business Segment
• Exhibit 33: Data Table on Comparison by Market Segmentation by Business Segment

• 6.3 Order-focused food delivery services - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Order-focused food delivery services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Order-focused food delivery services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Order-focused food delivery services - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Order-focused food delivery services - Year-over-year growth 2022-2027 (%)

• 6.4 Logistics-focused food delivery services - Market size and forecast 2022-2027
• Exhibit 38: Chart on Logistics-focused food delivery services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Logistics-focused food delivery services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Logistics-focused food delivery services - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Logistics-focused food delivery services - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Market Segmentation by Business Segment 
• Exhibit 42: Market opportunity by Market Segmentation by Business Segment ($ billion)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Restaurant-to-consumer - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Restaurant-to-consumer - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Restaurant-to-consumer - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Restaurant-to-consumer - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Restaurant-to-consumer - Year-over-year growth 2022-2027 (%)

• 7.4 Platform-to-consumer - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Platform-to-consumer - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Platform-to-consumer - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Platform-to-consumer - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Platform-to-consumer - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 55: Market opportunity by Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027 
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027 
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027 
• Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 South Korea - Market size and forecast 2022-2027 
• Exhibit 97: Chart on South Korea - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on South Korea - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Alibaba Group Holding Ltd. 
• Exhibit 108: Alibaba Group Holding Ltd. - Overview
• Exhibit 109: Alibaba Group Holding Ltd. - Business segments
• Exhibit 110: Alibaba Group Holding Ltd. - Key offerings
• Exhibit 111: Alibaba Group Holding Ltd. - Segment focus

• 12.4 Bundl Technologies Pvt. Ltd 
• Exhibit 112: Bundl Technologies Pvt. Ltd - Overview
• Exhibit 113: Bundl Technologies Pvt. Ltd - Product / Service
• Exhibit 114: Bundl Technologies Pvt. Ltd - Key offerings

• 12.5 Delivery Hero SE
• Exhibit 115: Delivery Hero SE - Overview
• Exhibit 116: Delivery Hero SE - Business segments
• Exhibit 117: Delivery Hero SE - Key news
• Exhibit 118: Delivery Hero SE - Key offerings
• Exhibit 119: Delivery Hero SE - Segment focus

• 12.6 Domino's Pizza Inc.
• Exhibit 120: Domino's Pizza Inc. - Overview
• Exhibit 121: Domino's Pizza Inc. - Business segments
• Exhibit 122: Domino's Pizza Inc. - Key news
• Exhibit 123: Domino's Pizza Inc. - Key offerings
• Exhibit 124: Domino's Pizza Inc. - Segment focus

• 12.7 DoorDash Inc.
• Exhibit 125: DoorDash Inc. - Overview
• Exhibit 126: DoorDash Inc. - Product / Service
• Exhibit 127: DoorDash Inc. - Key offerings

• 12.8 Dunzo Digital Pvt. Ltd. 
• Exhibit 128: Dunzo Digital Pvt. Ltd. - Overview
• Exhibit 129: Dunzo Digital Pvt. Ltd. - Product / Service
• Exhibit 130: Dunzo Digital Pvt. Ltd. - Key offerings

• 12.9 Glovoapp23 SL
• Exhibit 131: Glovoapp23 SL - Overview
• Exhibit 132: Glovoapp23 SL - Product / Service
• Exhibit 133: Glovoapp23 SL - Key offerings

• 12.10 Grab Holdings Ltd.
• Exhibit 134: Grab Holdings Ltd. - Overview
• Exhibit 135: Grab Holdings Ltd. - Product / Service
• Exhibit 136: Grab Holdings Ltd. - Key offerings

• 12.11 Grubhub Inc.
• Exhibit 137: Grubhub Inc. - Overview
• Exhibit 138: Grubhub Inc. - Product / Service
• Exhibit 139: Grubhub Inc. - Key news
• Exhibit 140: Grubhub Inc. - Key offerings

• 12.12 HelloFood
• Exhibit 141: HelloFood - Overview
• Exhibit 142: HelloFood - Product / Service
• Exhibit 143: HelloFood - Key offerings

• 12.13 Just Eat Takeaway.com NV 
• Exhibit 144: Just Eat Takeaway.com NV - Overview
• Exhibit 145: Just Eat Takeaway.com NV - Business segments
• Exhibit 146: Just Eat Takeaway.com NV - Key news
• Exhibit 147: Just Eat Takeaway.com NV - Key offerings
• Exhibit 148: Just Eat Takeaway.com NV - Segment focus

• 12.14 Meituan Dianping
• Exhibit 149: Meituan Dianping - Overview
• Exhibit 150: Meituan Dianping - Business segments
• Exhibit 151: Meituan Dianping - Key offerings
• Exhibit 152: Meituan Dianping - Segment focus

• 12.15 Talabat.com
• Exhibit 153: Talabat.com - Overview
• Exhibit 154: Talabat.com - Product / Service
• Exhibit 155: Talabat.com - Key offerings

• 12.16 Uber Technologies Inc 
• Exhibit 156: Uber Technologies Inc - Overview
• Exhibit 157: Uber Technologies Inc - Business segments
• Exhibit 158: Uber Technologies Inc - Key offerings
• Exhibit 159: Uber Technologies Inc - Segment focus

• 12.17 Zomato Media Pvt. Ltd. 
• Exhibit 160: Zomato Media Pvt. Ltd. - Overview
• Exhibit 161: Zomato Media Pvt. Ltd. - Business segments
• Exhibit 162: Zomato Media Pvt. Ltd. - Key offerings
• Exhibit 163: Zomato Media Pvt. Ltd. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 164: Inclusions checklist
• Exhibit 165: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 166: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 167: Research methodology
• Exhibit 168: Validation techniques employed for market sizing
• Exhibit 169: Information sources

• 13.5 List of abbreviations 
• Exhibit 170: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio