Global Digital Food Delivery
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Digital Food Delivery market size will be USD 278.82 Billion by 2029. Digital Food Delivery Industry's Compound Annual Growth Rate will be 11.27% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Digital Food Delivery market size will be USD 278.82 Billion by 2029. Digital Food Delivery Industry's Compound Annual Growth Rate will be 11.27% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Digital Food Delivery Market Sales Revenue 2029 | $ 278.82 Billion |
Global Digital Food Delivery Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.27% |
Market Split by Business Model |
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Market Split by Platform |
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Market Split by Payment Method |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Digital Food Delivery Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The food business has recently undergone a huge transformation. One of these revolutions is digital food delivery. Digital delivery service is the process of ordering meals or snacks via a smartphone app, the Internet, or text messages.
Food delivery facilitated by digital apps has emerged as one of the e-commerce space's fastest-growing advancements. Customers can now simply buy food online and have it delivered to their homes in the quickest time possible due to digital food delivery.
Customers are now placing their orders via restaurant apps and websites rather than traveling to the restaurant. Customers must log in to the website or app and place an order for the desired cuisine from preferred eateries.
These digital food delivery companies are based on aggregators, new delivery platforms, and end-to-end service business models. These businesses provide customers with both online transactions as well as pay on delivery options.
At present, the rising internet penetration and growing usage of smartphones change the face of the digital world. This drives the demand for online food delivery. Similarly, due to hectic schedules many working professionals prefer online food delivery. This boosts the growth of the digital food delivery market even further.
Over the last few years, there is a rapid increase in smart device adoption and internet penetration. Smart devices offer flexibility to customers on a smartphone or tablet. With a mobile device, users are simply able to access several food delivery apps and websites.
According to a study, the number of unique mobile internet users in 2020 was 4.28 billion, and more than 90% of the worldwide internet population has access to the internet via a mobile device. Until March 2021, the internet penetration rate in Asia was at 62 %, 88 % in Europe, and 90 % in North America.
Similarly, according to the study, the current global smartphone user population is 6.648 billion, which indicates that 83.72 percent of the world’s population possesses a smartphone. This statistic has increased significantly from 2016 when there were just 3.668 billion users, accounting for 49.40 percent of the world’s population at the time.
As technology advances, various industries are releasing high-end applications that allow users to book everything from salon services to delightful food. Since the popularity of mobile ordering apps for restaurants is growing, restaurateurs have been working hard to improve their online presence.
With the introduction of mobile ordering applications for restaurants, the landscape of the food sector has been completely altered. Customers can use these applications and websites to order meals online, as well as submit reviews, rate restaurants, make reservations, and find offers.
Customers are also embracing smartphone applications for meal delivery due to their convenience of use. Customers can use these applications to compare various restaurants, their prices, location, and other factors.
As a result, many people around the world use mobile apps for food delivery. According to the study, Uber Eats and the McDonald's app each had 82 Billion global downloads in 2020, while DoorDash had 44 Billion.
The digital food delivery sector benefited from this quick rise. According to the study, food delivery was ordered by 66 Billion Americans in 2015; by 2020, food delivery this number is increased to 111 Billion customers.
This number is highly observed in millennials. According to a recent NRA report, 74-75 percent of millennials want to order food online. Restaurant and fast-food chain marketers are paying close attention to this trend and capitalizing on the opportunities that mobile provides by incorporating it into their ad-buying strategy.
As a result, the growing adoption of smart devices coupled with rising internet connectivity is driving the growth of the digital food delivery market.
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Delivery Hero SE offer digital food delivery service across several international markets. Delivery Hero SE connected with 1,122 Dmarts warehouses to deliver service across globe. Delivery Hero SE is e-commerce platform, which delivers groceries, household goods, to customer withing 10-15 mins. The company has several brands, which offers food delivery services such as foodora, food panda, foody, Instashop, talabay, and other.
Delivery Hero SE has engaged in the acquisition of Hugo Food, grocery delivery services, which expanded its presence in Central America and Caribbean
Grubhub is part of Just Eat Takeway.com, which offers online food delivery services. The company is connected with more than 320,000 restaurants across 4000 cities. The Grubhub application available in mobile phones, helps user to search for multiple cuisines and restaurants to order the choice of food for the users. Grubhub adopted advanced technologies. For instance, Grubhub uses Amazon Alexa device to order their favorite food from choice of restaurants. Grubhub app offer fast delivery with efficient tracking of order, user can save their order history. The Grubhub application also offers user to place order form two hour to four days in advance and available with several payment options.
Grubhub has engaged in a partnership with Buyk to offer real-time ultra-fast grocery delivery services.
Grubhub has deployed the robotic technology, Yandex self-driving Group robot delivery technology in Arizona campus university.
Top Companies Market Share in Digital Food Delivery Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Region and country analysis section of Digital Food Delivery Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Digital Food Delivery market.
The current report Scope analyzes Digital Food Delivery Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Digital Food Delivery Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Digital Food Delivery Industry growth. Digital Food Delivery market has been segmented with the help of its Business Model, Platform Payment Method, and others. Digital Food Delivery market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Aggregator Model Market Size in Digital Food Delivery market will be USD 51.05 Billion by 2029.
Food aggregators process orders and provide customer service. They function as go-betweens for clients and local eateries, providing access to a variety of cuisines through a single website or smartphone app. The aggregators take a predetermined margin on the order, which is paid for by the restaurant, and the restaurant handles the actual delivery.
A new delivery platform enables players to establish their own logistics network and offer new delivery choices to restaurants that do not deliver themselves. It provides customers with various advantages, including the ability to examine and compare menus, price details, reviews, and logistics. This enables them to provide home delivery to a new area of the restaurant market: higher-end eateries that previously did not deliver.
The food delivery company does everything through under the full-service model. This includes not only developing the app and hiring drivers, but also preparing the food. People cannot eat in these facilities because their primary function is to prepare food for delivery.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Digital Food Delivery Industry. Request a Free Sample PDF!
The Websites segment Revenue in Digital Food Delivery market will be USD 94.51 Billion by 2029.
Several digital meal delivery businesses offer online food delivery through their websites. Customers can go to the websites and order whatever meal they desire. Customers are frequently enticed by appealing deals made by some businesses
Mobile applications are commonly used for digital food delivery. Customers can order food by downloading apps to their mobile phones. These applications also compare various restaurants and pricing based on the customer's preferences.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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The Online Transactions segment Revenue in Digital Food Delivery market will be USD 193.98 Billion by 2029.
Currently, many people all over the world use e-wallets. As a result, digital food delivery players offer online payment options to their customers. Online transactions involving cards, mobile wallets, and bank transactions.
Several customers prefer to pay cash upon delivery after placing their order. Many people consider it risky to conduct online transactions on such platforms, so they opt for the pay-on-delivery option. As a result, several apps and websites offer pay on delivery options.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Digital Food Delivery Market is witnessing significant growth in the near future.
In 2023, the Aggregator Model segment accounted for noticeable share of global Digital Food Delivery Market and is projected to experience significant growth in the near future.
The Websites segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Ele.me, Just-eat and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Online food delivery platforms in Kenya under probe
Disclaimer:
Business Model | Aggregator Model, New Delivery System, Full Services |
Platform | Websites, Mobile Application |
Payment Method | Online Transactions, Pay-on-Delivery |
List of Competitors | Ele.me, Meituan Waimai, Just-eat, GrubHub, Delivery Hero, UberEATS, Doordash, Postmates, Takeaway.com, Mr. D food, Deliveroo, Square Inc. (Caviar), Amazon Restaurant, Zomato |
This chapter will help you gain GLOBAL Market Analysis of Digital Food Delivery. Further deep in this chapter, you will be able to review Global Digital Food Delivery Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Business Model Analysis 2019 -2031, will provide market size split by Business Model. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Business Model Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Platform Analysis 2019 -2031
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Chapter 12 Market Split by Payment Method Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Digital Food Delivery market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Aggregator Model have a significant impact on Digital Food Delivery market? |
What are the key factors affecting the Aggregator Model and New Delivery System of Digital Food Delivery Market? |
What is the CAGR/Growth Rate of Websites during the forecast period? |
By type, which segment accounted for largest share of the global Digital Food Delivery Market? |
Which region is expected to dominate the global Digital Food Delivery Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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