Online Food Delivery & Takeaway Market by Food Price Range, Food Type, Product Type, Distribution Channel, Application

Description

List of Tables

[189 Pages Report] The Online Food Delivery & Takeaway Market size was estimated at USD 26.10 billion in 2023 and expected to reach USD 28.55 billion in 2024, at a CAGR 9.46% to reach USD 49.15 billion by 2030.

The online food delivery and takeaway market consists of sales of food items and beverages through online platforms that deliver food to customers at their doorstep or provide options for customers to pick up their orders. This market operates through various business models, including traditional restaurants offering online ordering, third-party aggregators, and cloud kitchens. The market caters to a broad range of customers seeking convenience, diverse cuisine options, and quick service. The market's growth is propelled by technological enhancements, shifting work-life dynamics, expanding internet penetration, and a richer mix of culinary offerings. It holds significant potential in embracing futuristic technologies, implementing subscription services, adopting green practices, and forming strategic alliances. However, the market faces challenges, such as intense competition, operational bottlenecks, regulatory constraints, and the need for constant innovation to ensure customer commitment. Focal areas for business expansion and research include drone deliveries, AI analytics, wholesome menu options, and immersive ordering experiences, all geared towards improving customer satisfaction and streamlining service delivery.

KEY MARKET STATISTICS
Base Year [2023]	USD 26.10 billion
Estimated Year [2024]	USD 28.55 billion
Forecast Year [2030]	USD 49.15 billion
CAGR (%)	9.46%

Food Type: Rising demand for veg and non-veg food on online food delivery applications

The non-vegetarian segment of the online food delivery and takeaway market comprises dishes that include meat, poultry, fish, and other seafood. This segment attracts customers who prefer protein-rich diets and have a palate for diverse flavors from different cooking methods and cultural cuisines. The vegetarian segment includes dishes free from meat and sometimes other animal products. This segment has grown significantly due to increased health awareness and ethical concerns surrounding meat consumption.

Distribution Channel: Expanding demand for online delivery in fast-food chain restaurants

Fast-food chain restaurants represent a significant online food delivery and takeaway market segment. Such establishments are typically known for their quick service, standardized menus, and consistent quality across different locations. The need-based preference for fast-food chain restaurants includes convenience, speed, and familiarity of offerings. Independent restaurants cater to customers seeking unique and often gourmet experiences. The need-based preference here pivots on quality, authenticity, and customized experiences. Unlike fast-food chains, independent restaurants often provide various cuisines and customizations. Online channels form the backbone of the distribution network for food delivery and takeaway services. These platforms address the demand for convenience, variety, and user-friendliness. Customers typically utilize online channels through mobile apps or websites.

Regional Insights

The online food delivery and takeaway market is substantially transforming as it adapts to the changing consumer lifestyles and preferences globally. The market is soaring in the Americas, with consumers demanding convenience alongside healthy and gourmet meals. Big industry players are strengthening their positions through mergers and acquisitions, while tech startups inject innovation with personalized AI-driven experiences and advancements like drone deliveries. Contactless and subscription-based services are part of the evolving trends in line with consumer demands. Meanwhile, in Canada, the industry has mirrored resilience against the backdrop of the pandemic, with a noticeable shift towards supporting local platforms and embracing smart technology, improving customer experiences and addressing the call for sustainability. Moving over to the EU, a fragmented yet growing demand for quick and convenient services characterizes the market, where the rights of gig economy workers and sustainability measures, including electric vehicle deliveries, are shaping the industry. Contrastingly, the Middle East is fueled by a young and tech-savvy demographic, propelling investments in mobile app development and luxury dining experiences, while Africa's market is burgeoning, bolstered by local innovators overcoming unique regional challenges. Asia Pacific is excelling, driven by immense markets such as China and India, where integration with social media and payment platforms and a mobile app usage surge influence the industry.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Online Food Delivery & Takeaway Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Online Food Delivery & Takeaway Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Online Food Delivery & Takeaway Market, highlighting leading vendors and their innovative profiles. These include Blue Apron, LLC, Deliveroo plc, Delivery Hero SE, Domino's Pizza, Inc., DoorDash, Inc., Grubhub Inc. by Just Eat Takeaway.com N.V., Hellofresh SE, Instacart, Just Eat Takeaway.com N.V., LimeTray, McDonald's Corporation, Meituan Waimai, Mobo Innovations Ltd., Ola Foods by ANI Technologies Pvt. Ltd, Papa John's International, Inc., Pizza Hut, LLC, Pop Meals, Rebel Foods Private Limited, Restaumatic, Roofoods Ltd, Swiggy by Bundl Technologies Private Limited, Tillster, Inc., Uber Technologies, Inc., and Zomato Media Pvt. Ltd..

Market Segmentation & Coverage

This research report categorizes the Online Food Delivery & Takeaway Market to forecast the revenues and analyze trends in each of the following sub-markets:

Food Price Range
- High
- Low
- Mid

Food Type
- Non-veg
- Veg

Product Type
- Client App
- Courier Side App
- Restaurant Side App

Distribution Channel
- Fast-Food Chain Restaurants
- Independent Restaurants
- Online Channels

Application
- B2B
- B2C

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Online Food Delivery & Takeaway Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Online Food Delivery & Takeaway Market?

3. What are the technology trends and regulatory frameworks in the Online Food Delivery & Takeaway Market?

4. What is the market share of the leading vendors in the Online Food Delivery & Takeaway Market?

5. Which modes and strategic moves are suitable for entering the Online Food Delivery & Takeaway Market?

Product Code: MRR-430D2A14AB05

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increased Penetration of Internet and Smartphones
  - 5.1.1.2. Convenience Provided by Food Ordering Platforms
  - 5.1.1.3. Increasing Hectic Work Schedule and Congested Metropolitan Cities
- 5.1.2. Restraints
  - 5.1.2.1. Inability to Keep up with Ordered Volume and Consistency of Food Delivery
- 5.1.3. Opportunities
  - 5.1.3.1. Presence of Large and Well-Organized Food Service Sector
  - 5.1.3.2. Continuous Innovation in the Food Ordering and Delivery Segment
  - 5.1.3.3. Economic Growth and High Urbanization Rate with Higher Disposable Income
- 5.1.4. Challenges
  - 5.1.4.1. Unavailability of Skilled Delivery and Logistics Staff
5.2. Market Segmentation Analysis
- 5.2.1. Food Type: Rising demand for veg and non-veg food on online food delivery applications
- 5.2.2. Distribution Channel: Expanding demand for online delivery in fast-food chain restaurants
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization
- 5.9.1. Fully integrated and pure-media model

6. Online Food Delivery & Takeaway Market, by Food Price Range

6.1. Introduction
6.2. High
6.3. Low
6.4. Mid

7. Online Food Delivery & Takeaway Market, by Food Type

7.1. Introduction
7.2. Non-veg
7.3. Veg

8. Online Food Delivery & Takeaway Market, by Product Type

8.1. Introduction
8.2. Client App
8.3. Courier Side App
8.4. Restaurant Side App

9. Online Food Delivery & Takeaway Market, by Distribution Channel

9.1. Introduction
9.2. Fast-Food Chain Restaurants
9.3. Independent Restaurants
9.4. Online Channels

10. Online Food Delivery & Takeaway Market, by Application

10.1. Introduction
10.2. B2B
10.3. B2C

11. Americas Online Food Delivery & Takeaway Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Online Food Delivery & Takeaway Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Online Food Delivery & Takeaway Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Just Eat Takeaway.com to Trial New In-Car Food Ordering Service
- 14.3.2. Aldi Launches Takeaway Pizza Delivery Service
- 14.3.3. PizzaExpress Partners With Uber Eats to Launch New Delivery Platform

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio