The Global Online Food Delivery Services market accounted for $23, 539.40 million in 2018 and is expected to reach $99,725.97 million by 2027 growing at a CAGR of 17.4% during the forecast period. Some of the key factors propelling the market growth are the increasing use of smart phones, changing consumer lifestyles, and the growth of the food and beverages industry.
By payment method, the online segment is expected to grow at a significant market share during the forecast period because of the increasing awareness regarding digital money. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the changing food habits of the youth and growth of e-commerce in developing nations.
Some of the key players in Online Food Delivery Services Market include Foodpanda, Pizza Hut, Grub Hub, DoorDash, Swiggy, Meituan Waimai, Zomato, Delivery Hero, Just Eat Holding Limited, Deliveroo, Postmates Inc, Takeaway.com, and Ele.me.
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
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