Deliveroo's UK and Ireland segment generated over 1.2 billion British pounds in revenues in 2023, double the figure generated in this market in 2020. Deliveroo's international sales have also grown during this period, increasing from around 591 million pounds in 2020 to some 821 million pounds in 2023. Deliveroo's International segment comprises eight markets across Europe, the Middle East, and Asia.

Increasing reach and reducing losses Deliveroo's latest financial report shows it has significantly reduced its operating loss nearly tenfold, from 294 million British pounds in 2022 to less than 32 million pounds in 2023. While its consumer base witnessed a slight reduction, the number of monthly active consumers reached 7.1 million globally, more than double the figure achieved in 2019.

Fierce competition

The online food delivery industry is a highly competitive market, where the big companies like Delivery Hero and Uber Eats are expanding their global reach and achieving billions of dollars in revenues. In 2023, Uber Eats was the leading food delivery company worldwide, with more than 12 billion U.S. dollars in revenues. Delivery Hero followed in second, with nearly 11 billion dollars in global revenues.

In 2023, British online food delivery company Deliveroo reported a gross profit of approximately 457.5 million British pounds in the UK and Ireland. This figure reflects an increase over the previous year's total of 405.5 million British pounds.

Greatly benefited by the COVID-19 pandemic, global last-mile food and grocery delivery market revenues amounted to approximately 25 billion U.S. dollars in 2020. Forecasts suggest that this figure would reach around 72.3 billion dollars by 2025.

In the second quarter of 2024, Delivery Hero, the food delivery service, generated a sales revenue of around 2.8 billion euros. This was a decrease from the first quarter of 2024, when the figure was at almost three billion euros.

The revenue is forecast to experience significant growth in all regions in 2028. From the selected regions, the ranking by revenue in the 'Meal Kit Delivery' segment of the online food delivery market is forecast to be led by Japan with two billion U.S. dollars. In contrast, the ranking is trailed by New Zealand with 0.29 billion U.S. dollars, recording a difference of 1.71 billion U.S. dollars to Japan. The Statista Market Insights cover a broad range of additional markets.

From the selected regions, the ranking by revenue in the 'Grocery Delivery' segment of the online food delivery market is forecast to be led by Indonesia with 27.03 billion U.S. dollars. In contrast, the ranking is trailed by Timor-Leste with 0.03 billion U.S. dollars, recording a difference of 27 billion U.S. dollars to Indonesia. The Statista Market Insights cover a broad range of additional markets.

The revenue is forecast to experience significant growth in all regions in 2028. From the selected regions, the ranking by revenue in the 'Grocery Delivery' segment of the online food delivery market is forecast to be led by China with 414.32 billion U.S. dollars. In contrast, the ranking is trailed by Mongolia with 0.2 billion U.S. dollars, recording a difference of 414.12 billion U.S. dollars to China. The Statista Market Insights cover a broad range of additional markets.

In 2024, Uber Technologies generated more than 25 billion U.S. dollars in revenue from its mobility segment, which includes its ride-sharing operations. The delivery segment, which includes Uber Eats operations, generated around 13.75 billion U.S. dollars in revenues that year. Market leadership in food delivery Uber's delivery service 'Uber Eats' has been able to build on the boost it received during the COVID-19 pandemic. The segment's revenue more than doubled in size between 2020 and 2021, growing by an additional 46 percent in the following two years. Uber Eats has been able to establish itself as the global leader in food delivery services, generating around 1.2 billion U.S. dollars more in annual revenues than its closest rival, Delivery Hero. Reaching profitability Uber has been able to establish itself as the global market leader in both of its core business segments, food delivery and ride-hailing. In the ride-hailing sector, Uber holds an even stronger position than in the food delivery business, controlling around a quarter of the global market. Its strong market position and favorable operating environment in 2023, allowed Uber to generate a net profit of 1.9 billion U.S. dollars in 2023. This was the first time Uber had been profitable since 2018, following several years of net losses reaching as high as 9.1 billion U.S. dollars in 2022.

The revenue is forecast to experience significant growth in all regions in 2028. From the selected regions, the ranking by revenue in the online food delivery market is forecast to be led by the Nigeria with 5.2 billion U.S. dollars. In contrast, the ranking is trailed by Morocco with 713.79 million U.S. dollars, recording a difference of 4.5 billion U.S. dollars to the Nigeria. Find other insights concerning similar markets and segments, such as a comparison of number of users in Europe and a comparison of revenue in the Philippines. The Statista Market Insights cover a broad range of additional markets.

In 2020, Grab Food recorded around 3.76 trillion Vietnamese dong in revenue in Vietnam, the highest revenue among online delivery apps in the countries. Now followed as the app with the second-highest revenue, earning revenue of 863 trillion Vietnamese dong that year.

The year-on-year performance of the restaurant food delivery industry in Japan in July 2023 resulted in a triple-digit surplus of 191 percent, meaning that sales revenues increased by that amount compared to the same period during 2019. While the advent of the COVID-19 pandemic had a negative influence on the food service industry in general, the food delivery segment experienced a boom as consumers shifted from dining out to food delivery.

In 2020, the global electricity delivery and management's transmission segment was estimated to have generated approximately 58 billion U.S. dollars in revenue, the largest in the industry. The revenue of advance metering infrastrucuture was estimated at 16 billion dollars.

In 2023, the total revenue of Grab's delivery services segment amounted to approximately 1.2 billion U.S. dollars. Grab Holdings Inc. is a Southeast Asian technology company headquartered in Singapore. Having started out as a ride-hailing service, the company now operates a multipurpose app, also offering food delivery and digital payment services.

In 2020, Baemin's revenue in Vietnam increased by 484 percent, the highest revenue increase rate among online food delivery apps in the country. Baemin belongs to Baedal Minjok, a South Korean food delivery unicorn startup. The app entered the Vietnamese market at the beginning of 2019.

In 2020, the growth rate of food delivery revenue in Saudi Arabia was the highest across the Middle East, at 173 percent. The United Arab Emirates followed behind with a 61 percent growth compared to the previous year.

Talabat was the leading food delivery company in the Middle East in 2020, with a 55 percent share of the revenue. Talabat was founded in Kuwait and is now the largest online food ordering company in the region.

In 2023, Delivery Hero generated roughly 1.26 billion euros in revenue with advertising technology (AdTech) products and listing fees. A year earlier, the revenue stood at roughly one billion euros, which indicates an annual growth rate of 21 percent. Delivery Hero is a multinational online food ordering and delivery service headquartered in Berlin, operating under various brand names worldwide.

Over the last two observations, the revenue is forecast to significantly increase in all regions. From the selected regions, the ranking by revenue in the 'Grocery Delivery' segment of the online food delivery market is forecast to be led by India with 64.2 billion U.S. dollars. In contrast, the ranking is trailed by Bhutan with 0.06 billion U.S. dollars, recording a difference of 64.14 billion U.S. dollars to India. The Statista Market Insights cover a broad range of additional markets.

In 2020, Grab generated revenue for food delivery in Thailand of around 7.2 billion Thai baht, which was a significant increase from 2019. In that year, Grab operated its food delivery service in 52 provinces of Thailand.

In 2020, the privately-owned courier company accounted for about 86 percent of the express delivery income in China. The express delivery sector is a highly concentrated industry in China.