Online Food Delivery Market: Global Industry Trends, Growth, Demand, Share, Size and Forecast Till 2024

1. Global Online Food Delivery Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Online Food Delivery Market Overview: According to the latest report by IMARC Group, titled “Online Food Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global online food delivery market reached a value of US$ 84.6 Billion in 2018. Online food delivery is service which enables customers to purchase food online using a website or application. These platforms register and uphold accounts to make the frequent ordering of food more convenient. Generally, a customer begins by searching for a desired restaurant or food outlet, selecting the food items from their menu and choosing the option of delivery or pick-up. The payment is either made online using a credit card, debit card, digital wallet and net banking or Via Cash on Delivery (COD). As online food delivery systems reduce errors, labor expenses, long queues and waiting time, their usage is increasing across the globe. Online Food Delivery Market Trends: Online food delivery application provide the convenience of ordering food by comparing the menus of different restaurants and receiving fast delivery of meals at the desired location. Some of the other growth-inducing factors include rapid urbanization, hectic lifestyles, improved logistics, and the development of user-friendly food websites and applications.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Moreover, they also aid in making cashless transactions to food joints, thereby increasing sales of smartphones, rising internet penetration and the burgeoning food industry, a significant number of the consumers are relying on these applications for trying out different cuisines. Looking forward, the global online food delivery market size is projected to exceed US$ 164.5 Billion by 2024, expanding at a CAGR of 11.4% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/online-food-delivery- market/requestsample

5. Report Description and Highlights Report Description Further, online food delivery offers service providers with detailed customer information which can be employed by them for developing and implementing promotional strategies. Online Food Delivery Market Segmentation: Market Segmentation by Platform Type • • Mobile Applications Websites Based on the platform type, the market has been bifurcated into mobile applications and websites. Currently, mobile applications dominate the market, holding the largest share. Online food orders through mobile phones have witnessed a sharp increase in recent years due to the rising number of smartphones users across the globe. Market Segmentation by Business Model • • Order Focused Food Delivery System Logistics Based Food Delivery System

6. Report Description and Highlights Report Description • Full-Service Food Delivery System On the basis of the business model, the market has been classified into order focused, logistics based and full-service food delivery systems. At present, order focused food delivery systems account for the majority of the market share. Market Segmentation by Region • • • • • North America Europe Asia Pacific Latin America Middle East and Africa Region-wise, the market has been segregated into China, North America, Asia (excluding China), Europe and Rest of the World. Presently, China is the leading market, holding the majority of the market share. For more information, click here: https://www.imarcgroup.com/online-food-delivery-market

7. Report Description and Highlights Report Description Market Segmentation By Payment Method • • Online Cash on Delivery The market has been segmented on the basis of the payment method which includes online and cash on delivery (COD). Amongst these, the online segment represents the most frequently used payment method. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • Just Eat GrubHub Delivery Hero Deliveroo Takeaway.com

8. Report Description and Highlights Report Description • • • Foodpanda Ele.me Meituan Waimai

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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