Food Delivery Market Report 2025 (Global Edition)

Global Food Delivery Market Report 2025 Market Size Split by Type (Meal Kit Delivery, Restaurant Prepared Food Delivery, Grocery Delivery, Veggie Box Delivery), by Platform (Online, Offline, Online to...

Food Delivery Market Report Description

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Food Delivery Market Insights Video

Competitive Landscape of the Food Delivery Market

In the competitive Food Delivery Market, major players vie for dominance through strategic initiatives, technological advancements, and product diversification. These industry leaders, known for their diverse offerings and robust global distribution networks, regularly engage in partnerships, acquisitions, and product innovations to bolster their market position.

Food Delivery Industry News:

• September 2023: Grubhub, a prominent online food-ordering and delivery platform, introduces a new feature, On-Demand Delivery, enabling self-delivery restaurants on the Grubhub Marketplace to request a Grubhub delivery driver for last-mile logistics on a per-order basis as needed.

(Source: www.prnewswire.com/news-releases/grubhub-expands-services-to-restaurants-with-on-demand-delivery-301920068.html)

• March 2023: Kitchens@, a prominent player in the rapidly expanding cloud kitchen industry, has officially acquired Swiggy's Access Kitchens business through a share swap deal, effective from March 1, 2023.

(Source: www.prnewswire.com/news-releases/kitchens-closes-deal-with-swiggy-for-the-acquisition-of-its-access-kitchens-business-301762050.html)

Top Companies Market Share in Food Delivery Industry: (In no particular order of Rank)

• DoorDash
• Uber Eats
• Grubhub
• Postmates
• Just Eat
• Deliveroo
• Zomato
• Swiggy
• Meituan Waimai
• Ele.me
• Delivery Hero
• Glovo
• Rappi
• iFood
• Takeaway.com
• Delivered
• DeliverClub
• Talabat
• Wolt
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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.

The Asia-Pacific Food Delivery Market dominates the largest share of the global market

According to Cognitive Market Research, the Asia Pacific region assumes a leadership role in the Food Delivery Market, driven by its robust and well-established presence. Fueled by a dense population and a growing preference for digital services, particularly in densely populated urban areas, the region has emerged as a powerhouse in the food delivery sector. The combination of a diverse culinary landscape and technological advancements has created a thriving ecosystem, solidifying the Asia Pacific's position at the forefront of the global food delivery market.

North America emerges as the region undergoing the most rapid expansion in the Food Delivery Market. Dynamic consumer preferences, a robust digital infrastructure, and a cultural shift towards convenience propel this growth. As the demand for quick and efficient food delivery services rises, North America stands at the forefront of innovation, witnessing the introduction of new technologies and evolving business models. The region's receptiveness to these advancements positions it as a pivotal player in the rapidly expanding landscape of food delivery services.

The current report Scope analyzes 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

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Food Delivery Market

North America Food Delivery Market Analysis

According to Cognitive Market Research, North America held the major market share in 2023 and accounted for more than 30% of the global revenue. In the realm of the Food Delivery market, North America emerges as the fastest-growing region. This dynamic growth is underscored by a substantial market size of 47.04 billion USD and an impressive Compound Annual Growth Rate (CAGR) of 10.5%. North America's rapid expansion can be attributed to shifting consumer preferences, a strong digital infrastructure, and a cultural inclination towards convenient dining experiences. The market's momentum in this region is further fueled by innovations in technology and the continuous adaptation of business models to meet the evolving demands of consumers. As North America experiences a surge in demand for food delivery services, it stands at the forefront of industry growth, shaping trends and pioneering advancements in the global Food Delivery market.

Europe Food Delivery Market

Europe Food Delivery Market Analysis

According to Cognitive Market Research, Europe holds a significant stake, contributing approximately 26% to the global Food Delivery market. Projections indicate a robust growth trajectory with an anticipated 11% Compound Annual Growth Rate (CAGR) over the forecast period, resulting in a market size of approximately 40.77 billion USD. In Europe's Food Delivery market, the Meal Kit Delivery segment stands out for its notable growth, responding to consumers' desire for convenient and diverse meal options. Online payments dominate the payment landscape, reflecting the region's inclination toward digital transactions. While online platforms continue to lead, the Online to Offline (O2O) model gains traction. Europe's diverse culinary preferences and technological adoption contribute to its substantial market presence, establishing the region as a pivotal player in shaping the global Food Delivery industry.

Asia Pacific Food Delivery Market

Asia Pacific Food Delivery Market Analysis

According to Cognitive Market Research, Asia Pacific held a considerable market share in 2023, accounting for more than 38% of the global revenue. This dominance is underscored by a robust market size of 59.8 billion USD and an impressive Compound Annual Growth Rate (CAGR) of 14%. The region's prominence is fueled by a densely populated consumer base, a rapidly growing digital infrastructure, and a cultural shift towards convenient dining solutions. As the market experiences exponential growth, key players are leveraging technological innovations to cater to the diverse culinary preferences of consumers. Asia Pacific's commanding position not only reflects its substantial market size but also signifies its pivotal role in shaping the global trajectory of the Food Delivery market, where rapid growth and technological advancements converge to meet evolving consumer demands.

South America Food Delivery Market

South America Food Delivery Market Analysis

According to Cognitive Market Research, Latin America, contributing approximately 4% to the global Food Delivery market, is poised for significant growth; it anticipates a Compound Annual Growth Rate (CAGR) of 12.2% over the forecasted period, leading to an estimated market size of around 6.27 billion USD. The region's Food Delivery market showcases significant growth in the Meal Kit Delivery segment, propelled by evolving consumer preferences for convenient and diverse meal options. Latin America, while currently a smaller player, is characterized by a growing acceptance of online payments, indicating a shift towards digital transactions. In this dynamic market, Latin America stands out for its potential to embrace emerging models and platforms, positioning itself as an evolving contributor to the global Food Delivery landscape

Middle East and Africa Food Delivery Market

Middle East and Africa Food Delivery Market Analysis

According to Cognitive Market Research, In the Middle East and Africa, contributing to approximately 2% of the global Food Delivery market, the industry is set for substantial expansion, expecting a Compound Annual Growth Rate (CAGR) of 12.4% throughout the forecast period, resulting in an estimated market size of approximately 3.14 billion USD. Noteworthy growth is observed in the Restaurant Prepared Food Delivery segment, aligning with evolving consumer preferences for diverse culinary experiences. Dominating this market is the Online Payment segment, reflecting the increasing shift towards digital transactions. As for the fastest-growing region, the Middle East and Africa showcase unparalleled potential, leveraging technological innovations to enhance the food delivery ecosystem and position as a pivotal influencer in shaping the global industry.

Food Delivery Market Analysis

Food Delivery Type Segment Analysis

According to Cognitive Market Research, in the food delivery market, "restaurant prepared food delivery" emerges as the dominant category, reflecting the widespread consumer inclination towards the convenience of ordering ready-to-eat meals from diverse eateries. 

The fastest-growing segment, "meal kit delivery," gains prominence as consumers increasingly embrace the concept of receiving pre-portioned ingredients with accompanying recipes for home-cooked meals. This category's notable growth is attributed to its fusion of convenience and the rising trend of cooking at home, catering to evolving consumer lifestyles and preferences that prioritize both ease of preparation and the enjoyment of homemade meals.

• Meal Kit Delivery
• Restaurant Prepared Food Delivery
• Grocery Delivery
• Veggie Box 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 Food Delivery Industry. Request a Free Sample PDF!

Food Delivery Application Segment Analysis

According to Cognitive Market Research, in the food delivery market, online platforms have emerged as the dominant category, revolutionizing the way consumers access a variety of culinary offerings. The convenience and accessibility of online ordering have propelled its widespread adoption, particularly accentuated during the pandemic. 

The fastest-growing category is online to offline (O2O), representing a dynamic blend of online convenience and traditional dining experiences. O2O's innovative approach, integrating digital platforms with in-person dining, resonates with consumers seeking a hybrid solution. This category's rapid growth underscores the evolving preferences of consumers who value the flexibility of online ordering alongside the experiential aspect of offline dining.

• Online
• Offline
• Online to Offline (O2O)

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Food Delivery Model Segment Analysis

According to Cognitive Market Research, the aggregators model takes precedence in the food delivery market, serving as the dominant force with its centralized Platform consolidating a diverse range of restaurant options. Renowned for offering consumers a multitude of choices within a singular interface, this model prioritizes convenience and flexibility in dining preferences. 

The fastest-growing category, the full-stack model, is witnessing a surge in popularity. Driven by the demand for end-to-end service management, it ensures a seamless ordering experience coupled with comprehensive control over the delivery process, aligning with evolving consumer expectations in the dynamic landscape of food delivery services.

• Platform to Customer
• Aggregators
• Full-Stack Model
• Restaurant-to-Consumer Model

Food Delivery Payment Segment Analysis

According to Cognitive Market Research, in the food delivery market, online payment stands out as the dominant category, reflecting the widespread adoption of digital transactions for enhanced convenience and efficiency. This shift mirrors the broader trend toward cashless transactions. 

The fastest-growing category is cash on delivery, indicating the sustained preference among a segment of consumers for traditional payment methods. This duality highlights the market's adaptability, successfully catering to both tech-savvy users and those who still favor the familiarity of paying in cash upon the delivery of their food orders.

• Online Payment
• Cash on Delivery

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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