The Global Food Delivery Services market study covers in-depth analyses of key players in terms of market, applications, and regions to help you identify domestic and international competition. The biggest rivals in the Global Food Delivery Services market are discussed in the study in terms of company size, market share, market expansion, revenue, output volume, and profitability. By providing thorough profiles of companies and the goods/services they provide, it helps you better comprehend the competition. We use a variety of approaches, including competitive benchmarking, the BCG matrix, and others to determine the market share of companies in the Global Food Delivery Services market.
Food Delivery Services Market size was valued at US$ 114 Billion in 2020 and the total Food Delivery Services revenue is expected to grow at 10.1% through 2021 to 2027, reaching nearly US$ 223.5 Billion.
Global Food Delivery Services Market Overview:
The practise of ordering food via a website, another application, or by calling the restaurant directly is known as food delivery service. The product might be either prepared food or food items like vegetables or fruits that are not intended for immediate consumption. Deliveries of ready-to-eat meals have become a significant market on the international scene as a result of the advent of user-friendly apps and websites as well as shifting consumer expectations. Food ordering became a lifeline for failing eateries as a result of lockdowns and social isolation policies implemented in the early stages of the pandemic. It is anticipated that it will continue to be a permanent model in the global eating environment over the projected period (2021-2027).
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Global Food Delivery Services Market Segmentation
By Type, the segments are restaurant-to-consumer and platform-to-consumer. Platform-to-consumer segment held the highest share in the global market in the year 2020. This segment is projected to grow at the highest CAGR of 8.9% in the forecast period (2021-2027). The growth of this segment can be attributed to the rise of different food ordering websites and apps like GrubHub and Uber. This segment gained rapid growth during the COVID-19 pandemic because it was one of the only things that helped restaurants to continue their businesses in the global lockdown measures. The restaurant-to-consumer is projected to witness growth in the regions which have low to no internet access so customers prefer to directly call their favorite restaurants and order their food.
Global Food Delivery Services Market Key Players:
- Foodpanda • Ele. me • Mr. D Food • Takeaway.com • Glovoapp23 SL • Waiter.com • iFood • Rappi • Door Dash • GrubHub • Uber • JustEat • Zomato • Deliveroo • Swiggy
Global Food Delivery Services Market Regional:
China and the United States witnessed over 650 million and 111 million food delivery app users in the year 2020. These numbers are projected to grow in the aforementioned forecast period exponentially with the rise of cheap internet and high disposable income. The launch of apps like Deliveroo and Ubereats in European countries like France, Spain, and Italy caused the food delivery app user number to jump to over 150 million in the year 2020. This ever-increasing number of food delivery app users in this region is projected to drive the global food delivery services market in the forecast period (2021-2027).
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COVID-19 Impact Analysis on Global Food Delivery Services Market :
The impact of COVID-19 on the healthcare staffing market in North America, Asia Pacific, the Middle East, Europe, and South America is discussed in length in the research. The report provides a thorough analysis of the Healthcare Staffing market’s options, tough circumstances, and challenging potentialities during this crisis. The benefits and difficulties in financing and market expansion from the COVID-19 are outlined in the study. The paper also offers a set of guidelines that are intended to help readers choose and develop a strategy for their company.
About Report:
The report also helps in understanding the global Food Delivery Services market dynamics, structure by analyzing the market segments and projecting the global Food Delivery Services market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Food Delivery Services market make the report investor’s guide.
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