Food Delivery Market Size Was Valued at USD 221.65 Billion in 2022, and is Projected to Reach USD 505.50 Billion by 2030, Growing at a CAGR of 13.4% From 2023-2030.
AkViS Intelligence Market Research offers comprehensive Food Delivery Market research studies, providing valuable insights and strategic guidance to businesses worldwide. We ensure reliability and accuracy in our reports for informed decision-making.
The Food Delivery market research study ensures the highest level of accuracy and reliability as we precisely examine the overall industry, covering all the market fundamentals. By leveraging a wide range of primary and secondary sources, we establish a strong foundation for our findings. Industry-standard tools like Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis further enhance the comprehensiveness of our evaluation.
Our study also discusses the complete Food Delivery market ecosystem, explaining the various market stakeholders, their functions and interdependencies between them. Further, with an emphasis on comprehensive segmentation analysis and geographical coverage, the study enables a profound understanding of regional trends. Moreover, we explore external factors providing a comprehensive view of the market dynamics.
Food Delivery Market Dynamics:
The shift in consumer habits towards convenience and quick meals is fuelling the growth of the food delivery industry. The increase of online food delivery services has been driven by urbanization, hectic work schedules, and a growing desire to eat at home. Technological advancements in mobile apps and payment systems are also advantageous for the market, as they make ordering food more convenient and widely available. Furthermore, collaborations between food establishments and delivery services have broadened the choices available to customers, providing them with a wider selection of personalized meals. The global demand for food delivery became even more widespread due to the acceleration caused by the COVID-19 pandemic.
Market Trends:
food delivery industry includes the emergence of cloud kitchens that are dedicated to delivery service only, eliminating the need for dine-in facilities and cutting down on restaurant expenses. There is a growing fascination with providing healthy, organic, and plant-based meal delivery services for health-conscious consumers. The trend of subscription-based meal plans with scheduled deliveries is becoming increasingly popular. Contactless delivery services are becoming a usual offering due to safety concerns in the pandemic. In addition, progress in AI and automation is improving the efficiency of logistics and delivery, such as the testing of drone and robot deliveries in certain areas.
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Market Opportunities:
food delivery industry exists in smaller cities and rural areas, which currently lack developed delivery services. Using data analytics to customize meal suggestions according to consumer likes can improve customer loyalty. There is an opportunity for expansion in collaborations between food delivery services and supermarkets, providing both meal kits and grocery delivery in addition to ready-to-eat meals. In light of growing concerns about sustainability, companies can differentiate themselves by offering eco-friendly packaging and carbon-neutral delivery services. Moreover, creative pricing structures like multi-level delivery charges or exclusive subscriptions can increase profits.
Food Delivery Market Segmentation:
By Type
- Grocery
- Drinks
- Side-dishes
- Desserts
- Others
By Application
- Mobile Application
- Website
By Payment Mode
- Online
- Offline
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Food Delivery Market Key Players:
- Delivery Hero SE (Germany)
- Uber Technologies Inc (US)
- Just Eat Holding Limited (UK)
- Jubilant FoodWorks Ltd (US)
- Roofoods Ltd (Deliveroo) (UK)
- Bundl Technologies Pvt. Ltd (Swiggy) (Indian)
- com (Netherlands)
- com (US)
- Blue Apron Inc. (US)
- Zomato™ Ltd. (India)
- HelloFresh (Germany)
- Dahmakan (Malaysia)
- Yemeksepeti (Turkey)
- OLO (US)
- DoorDash, Inc. (US)
- com Inc. (US)
- Rappi Inc.(US)
- Lieferando (Germany)
- Food Panda (Germany)
- Thuisbezorgd (Netherland), And Other Major Players.
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Company Profiles and Competitive Analysis:
COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Food Delivery Market Share by Manufacturer (2024)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- ARIEL CORPORATION
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves and Recent Developments
- SWOT Analysis
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