Pune, India, Sept. 09, 2021 (GLOBE NEWSWIRE) -- According to MarketStudyReport, worldwide online food delivery market valuation reached USD 107.26 billion in 2020 and is projected to increase considerably during the forecast period 2021-2026. Proliferating number of smartphone users across the globe is primarily fueling the market growth.
Proceeding further, the document offers assorted knowledge on the aspects influencing the progression of each sub-market, including platform type, business model, payment method, and geographical fragmentations. It furthers expands through a comprehensive analysis of competitive by leveraging SWOT analysis and Porter’s five forces analysis tools. Additionally, the research literature tracks the initial and projected impact of Covid-19 pandemic to help industry partakers in formulating robust contingency plans for the future.
On the contrary, high delivery charges despite the continual increase in online food orders for home delivery is negatively impacting the industry outlook.
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Covid-19 impact summary:
As lockdown restrictions continue to remain in place due to the prolonged pandemic, consumer behavior is shifting towards better convenience and delivery speed. This, in turn, has augmented the frequency and spending on third-party online food delivery services across the globe.
Business model segmentation overview:
Global online food delivery industry, based on business model, is fragmented into logistics based food delivery system, order focused delivery system, and full-service food delivery system market. Among these, order focused delivery system segment is anticipated to gain momentum in the upcoming years owing to expansion of businesses and industries, both locally and regionally.
Geographical outlook:
North America, Latin America and North Africa, Asia Pacific, and Europe are the key regional contributors to the market development. Experts claim that Asia Pacific market is slated to grab significant industry share over the forecast duration, creditable to increasing consumer expenditure and rapid urbanization in emerging economies like India, Japan, and China.
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Competitive landscape outline:
Swiggy, Dunzo, Postmates, Uber Eats, Grubhub, DoorDash Inc., Meituan Waimai, Yum! Brands Inc., Just Eat Holding Ltd., and Delivery Hero SE are the prominent players influencing the global online food delivery industry trends.
Companies are focusing on undertaking strategies such as mergers, partnerships, and acquisitions to elevate their positioning in the marketplace. For instance, In 2019, Delivery Hero acquired the MENA business of Zomato. Just Eat acquired Takeaway in 2020, followed by acquisition of Grubhub for USD 7.8 billion in June 2021.
Global Online Food Delivery Market, by Platform Type (Revenue, USD Billion, 2016-2026)
- Application
- Website
Global Online Food Delivery Market, by Business Model (Revenue, USD Billion, 2016-2026)
- Logistics Based Food Delivery System
- Order Focused Delivery System
- Full-Service Food Delivery System
Global Online Food Delivery Market, by Payment Method (Revenue, USD Billion, 2016-2026)
- Cash
- Online
Global Online Food Delivery Market, by Geography (Revenue, USD Billion, 2016-2026)
North America
- United States
- Canada
Europe
- U.K.
- Italy
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
LAMEA
- Brazil
Global Online Food Delivery Market Company Profiles (Revenue, USD Billion, 2016-2026)
- Swiggy
- Dunzo
- Postmates
- Uber Eats
- Grubhub
- DoorDash Inc.
- Meituan Waimai
- Yum! Brands Inc.
- Just Eat Holding Ltd.
- Delivery Hero SE
Table of Content:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Online Food Delivery Market: Product Overview
4. Global Online Food Delivery Market: An Analysis
4.1 Market Size, By Value, 2016-2026
4.2 Impact of COVID-19 on Global Online Food Delivery Market
4.3 Global Online Food Delivery Market : Growth & Forecast
5. Global Online Food Delivery Market: Segment Analysis
5.1 Global Online Food Delivery Market by Platform Type
5.2 Competitive Scenario of Global Online Food Delivery Market- By Platform Type
5.3 By Website, By Value (USD Billion), 2016-2026
5.4 By Application, By Value (USD Billion), 2016-2026
6. Global Online Food Delivery Market By Business Model
6.1 Global Online Food Delivery Market by Business Model
6.2 Competitive Scenario of Global Online Food Delivery Market- By Business Model
6.3 By Order Focused Delivery System, By value (USD Billion), 2016-2026
6.4 By Logistics Based Food Delivery System, By Value (USD Billion), 2016-2026
6.5 By Full-Service Food Delivery System, By Value (USD Billion), 2016-2026
7. Global Online Food Delivery Market By Payment Method
7.1 Global Online Food Delivery Market by Payment Method
7.2 Competitive Scenario of Global Online Food Delivery Market- By Payment Method
7.3 By Online, By Value (USD Billion), 2016-2026
7.4 By Cash on Delivery, By Value (USD Billion), 2016-2026
8. North America Online Food Delivery Market: An Analysis (2016-2026)
8.1 North America Online Food Delivery Market by value: Size and Forecast (2016-2026)
8.2 North America Online Food Delivery Market: Growth & Forecast
8.3 North America Online Food Delivery Market: Prominent Companies
8.4 Market Segmentation By Platform Type (Website, Application)
8.5 Market Segmentation By Business Model (Order Focused Delivery System, Logistics Based Food Delivery System, Full-Service Food Delivery System)
9. Europe Online Food Delivery Market: An Analysis (2016-2026)
9.1 Europe Online Food Delivery Market by value: Size and Forecast (2016-2026)
9.2 Europe Online Food Delivery Market: Growth & Forecast
9.3 Europe Online Food Delivery Market: Prominent Companies
9.4 Market Segmentation By Platform Type (Website, Application)
9.5 Market Segmentation By Business Model (Order Focused Delivery System, Logistics Based Food Delivery System, Full-Service Food Delivery System)
10. Asia Pacific Online Food Delivery Market: An Analysis(2016-2026)
10.1 APAC Online Food Delivery Market by value: Size and Forecast (2016-2026)
10.2 APAC Online Food Delivery Market: Growth & Forecast
10.3 APAC Online Food Delivery Market: Prominent Companies
10.4 Market Segmentation By Platform Type (Website, Application)
10.5 Market Segmentation By Business Model (Order Focused Delivery System, Logistics Based Food Delivery System, Full-Service Food Delivery System)
11 LAMEA Online Food Delivery Market: An Analysis(2016-2026)
11.1 LAMEA Online Food Delivery Market by value: Size and Forecast (2016-2026)
11.2 LAMEA Online Food Delivery Market: Growth & Forecast
11.3 LAMEA Online Food Delivery Market: Prominent Companies
11.4 Market Segmentation By Platform Type (Website, Application)
11.5 Market Segmentation By Business Model (Order Focused Delivery System, Logistics Based Food Delivery System, Full-Service Food Delivery System)
12. Global Online Food Delivery Market Dynamics
12.1 Global Online Food Delivery Market Drivers
12.2 Global Online Food Delivery Market Restraints
12.3 Global Online Food Delivery Market Trends
13. Market Attractiveness and Strategic Analysis
13.1 Market Attractiveness Chart of Global Online Food Delivery Market - By Platform Type (Year 2026)
13.2 Market Attractiveness Chart of Global Online Food Delivery Market - By Business Model (Year 2026)
13.3 Market Attractiveness Chart of Global Online Food Delivery Market - By Payment Method? (Year 2026)
13.4 Market Attractiveness Chart of Global Online Food Delivery Market - By Region (Year 2026)
14. Competitive Landscape
Related Report:
Global Online Grocery Market Size, and Regional Forecasts 2021-2027
Global Online Grocery Market to reach USD 1116.96 billion by 2027. Global Online Grocery Market is valued approximately USD 236.88 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 24.8 % over the forecast period 2021-2027. Online grocery store is a supermarket or a grocery store which allows the consumers, online ordering of grocery items. The increase in an individual's disposable income and people choosing comfort and ease of availability are the major driving factors. Amid the pandemic, as people are avoiding going out and reducing their social contact, there is a surge in the use of online e-commerce services, especially grocery items. According to the UN conference on trade and development, the global e-commerce sales reached 29 trillion in 2017. To add to the statistics the number of online shoppers increased to 1.34 billion. Also, rising number of smartphone users has also contributed to the growth of the sector.
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