The peer-to-peer dining market size is expected to see steady growth in the next few years. It will grow to $7.48 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to a continued rise in foodie culture, growing urbanization, increased focus on sustainability, demand for personalized experiences, and growth in experiential travel. Major trends in the forecast period include the integration of virtual reality, the use of blockchain for transparency, the incorporation of AI for recommendations, growth in subscription-based services, and a focus on zero-waste cooking.
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Scope Of Peer-To-Peer Dining Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Peer-To-Peer Dining Market Overview
Market Drivers –
The increase in home cooking is expected to propel the growth of the peer-to-peer dining market going forward. Home cooking refers to the practice of preparing and cooking food at home using raw ingredients and basic cooking techniques. Home cooking has gained popularity due to the increased focus on health, cost savings, and the enjoyment of preparing personalized, nutritious meals. Peer-to-peer dining promotes home cooking by connecting individuals to share home-cooked meals, fostering community and cultural exchange. For instance, in December 2023, according to a report published by the Bureau of Labor Statistics, a US-based federal agency, food expenditures at home surpassed $5,700 in 2022. Therefore, the increase in home cooking is driving the growth of the peer-to-peer dining market.
Market Trends –
Major companies operating in the peer-to-peer dining market are focused on developing innovative offerings, such as home-cooked meal service, to provide affordable, fresh, and wholesome home-style meals. A home-cooked meal service involves individuals or platforms offering meals prepared in private residences for consumption by others, typically emphasizing homemade, local, or personalized culinary experiences. For instance, in February 2023, Zomato, an India-based online restaurant guide and food ordering platform, launched a new service called Zomato Everyday, which aims to provide home-cooked meals starting at an affordable price. This initiative is designed to cater to individuals who live away from their families and often miss the comfort of home-cooked food. The meals will be prepared by real home chefs, ensuring a taste reminiscent of home cooking. This service replaces Zomato’s earlier 10-minute delivery feature, reflecting a strategic shift towards offering wholesome, home-style meals at competitive prices.
The peer-to-peer dining market covered in this report is segmented –
1) By Dining: Casual Home Dining, Fine Dining, Themed Dinners, Food Tours
2) By Nationality: Domestic, International
3) By Demographic: Male, Female, Kid
4) By Age Group: Below 15 Years, 16 To 25, 26 To 35, 36 To 45, 46 To 55, Above 55
5) By Booking Channel: Direct Bookings, Online Travel Agencies (OTAs), Other Booking Platforms
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Regional Insights –
North America was the largest region in the peer-to-peer dining market in 2023. The regions covered in the peer-to-peer dining market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the peer-to-peer dining market are Feastly, Withlocals, Traveling Spoon, The London Supper Club, EatWith, Hobnob, B’Ville Diner, Supper Club, Cookly, BonAppetour, CookUp, EatMeet, EatWithMe, FoodieTrip, Homecooked, Kitchen Surfing Inc., Secret Dinner, ShareDine, Table at Home, MealSharing< /b>
Table of Contents
1. Executive Summary
2. Peer-To-Peer Dining Market Report Structure
3. Peer-To-Peer Dining Market Trends And Strategies
4. Peer-To-Peer Dining Market – Macro Economic Scenario
5. Peer-To-Peer Dining Market Size And Growth
…..
27. Peer-To-Peer Dining Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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