Global courier and delivery service companies typically come in two varieties: large, international and small, localized providers. Both types of companies are affected by similar economic indicators. Over the past five years, conditions primarily benefited delivery companies, as consumers and businesses increased delivery and courier use amid the pandemic and social-distancing mandates. The climb in e-commerce boosted the need for local and global courier services, benefiting the industry even in suboptimal, post-pandemic conditions. Over the past five years, revenue has been climbing at a CAGR of 1.2% and is estimated to reach $418.8 billion in 2024, when revenue will expand 2.9%. Despite strong revenue growth, several factors have deteriorated profit, forcing some players out of the field. Although sales surged during the pandemic, operating conditions worsened globally as companies contended with pandemic-era regulations and disruptions. Oil prices experienced substantial volatility, ultimately rising, which cut into returns. In the pandemic's wake, parcel volume sank swiftly, and many offered higher salaries to entice workers back, driving up wage costs. Though revenue will reverse course in 2024 and expand, profit will sink further as even the largest global courier businesses struggle to right the ship. Over the next five years, large couriers will expand their market share through acquisitions and global trade strategies. By leveraging their financial strength, they will acquire smaller businesses in developing markets, extending their networks and outpacing competitors in emerging economies. As global trade activity rises and offshoring operations become more prevalent, demand for established, reliable delivery services will amplify. Although geopolitical tensions may present challenges, major couriers' robust infrastructures and adaptability will support sustained market expansion. Revenue will climb at a CAGR of 2.8% over the next five years, reaching $418.8 billion in 2029.

The Online Food Delivery Market Is Segmented By Business Model (Logistics-Focused Food Delivery System And Restaurant-Specific Food Delivery System), Platform Type (Mobile/Tablet Applications And Websites), And Geography (North America, Europe, Asia-Pacific, South America, And Middle East & Africa). The Report Offers The Market Size In Value Terms In USD For All The Abovementioned Segments.

Global Cloud Service Delivery Platform Market is Segmented by Type (Software and Services) and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Meal kit delivery services include meal kits containing pre-portioned ingredients and instructions consumers use to cook at home. Healthier eating habits and the growing popularity of e-commerce spurred sales. While revenue increased rapidly, COVID-19 became the catalyst for success as consumers ordered meal kits as an alternative to grocery shopping. It also paved the way for mass advertising via social media platforms, radio, podcasts and other entertainment outlets. This form of marketing remains strong, offering extra avenues of growth through an expanding market. Revenue grew at a CAGR of 22.4% to $8.7 billion over the past five years, including a 2.8% bump in 2024 alone. Many customers work in technology-related fields with high-income levels, allowing them to trade off extra food expenses solely for convenience. However, with new companies entering the marketplace, meal kit distributors must entice new consumers with discounts to stay ahead of the curve. While this may attract customers, companies must pay these costs, lowering the average profit. Even so, significant companies like Hello Fresh have dominated a large chunk of the market, leading to rising profitability. Inflationary concerns have led some lower-income consumers to return to in-person grocery shopping, as meal kit costs have gotten too high. E-commerce retailers like Walmart, Target and Amazon have also begun delivering food and with already established brand familiarity, some consumers will turn to them instead. Rising interest rates in the US are pressuring the meal kit delivery industry by increasing borrowing costs and reducing profit. This financial strain, exacerbated by consumers’ reduced discretionary spending due to higher credit card and mortgage payments, prompts companies to cut costs and seek greater efficiencies. To remain competitive, businesses innovate to retain and attract customers in a challenging economic environment. Smaller meal kit distributors that don't generate profit may be forced to exit or risk being acquired. Higher-income consumers will keep their subscriptions intact since meal kits are often convenient. Meal kit delivery services revenue will expand at a CAGR of 2.4% to $9.8 billion through the end of 2029.

Same Day Delivery Market Outlook

According to our latest research, the global same day delivery market size reached USD 8.9 billion in 2024, reflecting the robust expansion seen in the last few years. The market is anticipated to grow at a CAGR of 21.7% from 2025 to 2033, reaching an estimated USD 66.8 billion by the end of the forecast period. This remarkable growth is driven by the increasing consumer demand for rapid fulfillment, technological advancements in logistics, and the proliferation of e-commerce platforms worldwide. As per our latest research, the same day delivery industry is witnessing accelerated transformation, fueled by both digital innovation and evolving customer expectations.

A primary growth factor for the same day delivery market is the explosive rise of e-commerce across both developed and emerging markets. Online retailers are continuously seeking to differentiate themselves through enhanced customer experiences, with rapid delivery being a key competitive advantage. The shift in consumer behavior towards instant gratification, coupled with the normalization of digital shopping, has compelled logistics providers to optimize their operations for speed and efficiency. Furthermore, the integration of advanced technologies such as real-time tracking, artificial intelligence, and route optimization software has significantly improved the reliability and cost-effectiveness of same day delivery services, making them accessible to a broader range of businesses and consumers.

Another significant driver is the increasing demand from specialized sectors, particularly healthcare and food & beverages. In healthcare, the urgency of medical supplies, pharmaceuticals, and diagnostic samples has necessitated the adoption of same day delivery solutions to ensure timely and secure transportation. Similarly, the food and beverage industry has experienced a surge in demand for rapid delivery, especially with the rise of online food ordering platforms and meal kit services. Enterprises in these sectors are investing heavily in logistics infrastructure and last-mile delivery networks to meet stringent delivery timelines, thereby contributing to the overall market growth.

Moreover, urbanization and the expansion of metropolitan areas have played a crucial role in the proliferation of same day delivery services. The concentration of consumers in urban centers, coupled with improved road and transportation networks, has enabled logistics companies to serve larger populations within shorter timeframes. Additionally, the growth of gig economy platforms and crowdsourced delivery models has introduced new flexibility and scalability to the market, allowing providers to dynamically allocate resources based on real-time demand fluctuations. These developments are not only enhancing service levels but also driving down operational costs, further accelerating market adoption.

From a regional perspective, North America continues to dominate the same day delivery market, owing to its mature e-commerce ecosystem, high consumer expectations, and advanced logistics infrastructure. However, Asia Pacific is rapidly emerging as the fastest-growing region, fueled by the burgeoning middle class, rising urbanization, and aggressive investments in digital commerce and transportation networks. Europe and the Middle East & Africa are also witnessing steady growth, supported by regulatory reforms and the expansion of cross-border e-commerce. Each region presents unique opportunities and challenges, shaping the competitive dynamics and innovation landscape of the global same day delivery market.

Service Type Analysis

The same day delivery market is segmented by service type into B2B (business-to-business), B2C (business-to-consumer), and C2C (consumer-to-consumer) categories, each with distinct demand drivers and operational requirements. The B2C segment currently holds the largest market share, driven by the surge in online retail and the growing expectation among consumers for instant delivery.

Courier and local delivery services are the anchor for last-mile delivery services. Resilient economic conditions characterized by rising per capita disposable income and consumer spending contributed to robust expansion. Pent-up demand and a surge in online shopping drove growth early in the period. In contrast, the latter part was moderated by rising oil prices and borrowing costs, leading consumers to cut back on spending and pressuring shipment volumes. Revenue is expected to increase at a CAGR of 3.4% to $178.3 billion through the end of 2025, including growth of 3.0% in 2025 alone. Growing competition in last-mile delivery services, particularly from e-commerce businesses, moderated growth and exacerbated macroeconomic pressures. Legacy couriers are actively repositioning themselves in response to changing market dynamics. Major companies like UPS and FedEx are prioritizing margin optimization by focusing on business-to-business delivery services, which offer high-margin potential through premium, value-added services such as expedited shipments and supply chain management. Amazon's next-day delivery services and support for small, local businesses through Amazon's Delivery Service Partner (DSP) program continue moderating growth for incumbent enterprises and pressuring their market share. Price competition results in slim profit for local enterprises, while global and premium courier services maintain more robust profitability. Incumbent enterprises utilize their vast infrastructure and high order volumes to reduce per-unit costs, boosting their flexibility to react to economic fluctuations. The ongoing automation and optimization of service continue to support profit. Looking ahead, legacy couriers are expected to optimize their operations by diversifying their client base and expanding value-added services. As major retailers like Amazon develop their own delivery networks, these couriers are likely to pivot more toward servicing small and medium-sized businesses (SMBs) and B2B clients, which promise higher profit margins. By embracing advanced technologies such as AI for route optimization and supply chain management, companies aim to bolster efficiency and customer satisfaction. However, the future of the transition to electric vehicles remains uncertain amid fluctuating federal support, which will likely affect the pace at which fully electric fleets are adopted. Despite these challenges, the ongoing investments in technology and a focus on high-margin ventures position these couriers for stable revenue growth and a competitive edge over newer market entrants. Industry revenue is set to expand by a CAGR of 3.7% to an estimated $213.4 billion through the end of 2030.

Online Food Delivery Services Market Outlook

According to our latest research, the global online food delivery services market size reached USD 221.5 billion in 2024, driven by the rapid proliferation of internet connectivity, smartphone penetration, and evolving consumer lifestyles. The market is expected to expand at a robust CAGR of 10.8% from 2025 to 2033, projecting a value of USD 561.4 billion by 2033. The market’s impressive growth is primarily fueled by the convenience of digital ordering, increasing urbanization, and the integration of advanced technologies into food delivery platforms.

One of the most significant growth factors for the online food delivery services market is the increasing consumer demand for convenience and time-saving solutions. Modern urban lifestyles, characterized by hectic work schedules and limited time for meal preparation, have led to a surge in the adoption of online food delivery platforms. These platforms offer a wide variety of cuisines and restaurants at the fingertips of consumers, catering to diverse preferences and dietary needs. The rise of dual-income households and the growing millennial and Gen Z population, who are more tech-savvy and inclined toward digital solutions, further bolster the demand for online food delivery services. Additionally, the integration of real-time tracking, personalized recommendations, and loyalty programs enhances the overall user experience, making online ordering more appealing and habitual.

Another pivotal driver for the market’s expansion is the technological advancements within the food delivery ecosystem. The adoption of artificial intelligence, machine learning, and data analytics enables platforms to optimize delivery routes, predict consumer behavior, and streamline operations for both restaurants and logistics providers. Contactless delivery options, digital wallets, and seamless payment gateways have become industry standards, ensuring safety and convenience for users. Furthermore, the proliferation of cloud kitchens—kitchens focused solely on fulfilling online orders—has enabled restaurants to scale operations with lower overhead costs, thereby expanding the variety and reach of food offerings. These innovations are not only improving operational efficiency but are also fostering greater customer loyalty and higher order frequencies.

The COVID-19 pandemic has also played a transformative role in accelerating the adoption of online food delivery services. Lockdown measures and social distancing norms prompted a dramatic shift from dine-in to online ordering, with many first-time users becoming regular customers. Restaurants, both large chains and small independents, have increasingly partnered with delivery platforms to sustain their businesses and reach new customer segments. This paradigm shift has led to the emergence of hybrid business models, including virtual restaurants and subscription-based meal services. The post-pandemic era continues to witness sustained demand for online food delivery, as consumers have grown accustomed to the convenience and safety of digital ordering, further cementing the market’s long-term growth trajectory.

From a regional perspective, Asia Pacific stands out as the dominant force in the online food delivery services market, owing to its massive population base, rapid urbanization, and high smartphone penetration. China and India, in particular, are experiencing exponential growth, driven by a young, digitally connected demographic and a burgeoning middle class. North America follows closely, with the United States leading the charge due to its mature e-commerce infrastructure and a culture that embraces digital convenience. Europe is also witnessing significant growth, propelled by increasing internet usage and changing dining habits. Meanwhile, Latin America and the Middle East & Africa are emerging as promising markets, supported by improving digital infrastructure and rising disposable incomes. Each region presents unique opportunities and challenges, shaping the global competitive landscape of online food delivery services.

Discover insights into the GCC Online Food Delivery Market, expected to reach USD 11.18 Billion by 2030 with a CAGR of 14.48%. Learn about market drivers, challenges, key players, and emerging trends in this comprehensive analysis.

The Global On-Demand Delivery Market Size Was Worth USD 15.19 Billion in 2023 and Is Expected To Reach USD 83.82 Billion by 2032, CAGR of 20.90%.

According to Cognitive Market Research, the global On demand Delivery market size will be USD 16251.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.30% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 6500.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4875.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3737.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 812.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 325.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
The Mobile App category is the fastest growing segment of the On demand Delivery industry

Market Dynamics of On demand Delivery Market

Key Drivers for On demand Delivery Market

Increasing consumer preference for quick and convenient services to Boost Market Growth

Increasing consumer preference for quick and convenient services is a primary driver of the On-Demand Delivery Market. As lifestyles become busier, consumers seek efficient solutions that save time and effort. On-demand delivery services allow individuals to receive products and meals at their doorstep, eliminating the need for physical trips to stores or restaurants. This shift in consumer behavior is further accelerated by technological advancements, such as mobile apps that provide easy ordering and real-time tracking. The COVID-19 pandemic heightened this demand, as people prioritized safety and convenience in their shopping habits. As a result, businesses are compelled to adopt on-demand delivery models to meet these evolving consumer expectations, ultimately fostering significant growth in the market. For instance, in April 2024, Uber Eats has teamed up with Waymo to offer autonomous ride services in Phoenix, incorporating deliveries through Waymo’s self-driving vehicles. Furthermore, Uber and Waymo are collaborating with chosen local merchants, including popular spots like Princess Pita, Filiberto’s, and Bosa Donuts, to enhance their service offerings.

Rapid expansion of e-commerce platforms to Drive Market Growth

The rapid expansion of e-commerce platforms is a significant driver of the On-Demand Delivery Market. As online shopping becomes increasingly popular, consumers are seeking fast and reliable delivery options to enhance their shopping experience. E-commerce giants and niche retailers are investing heavily in logistics to meet the rising demand for quick delivery services, often offering same-day or next-day delivery. This competitive landscape encourages more businesses to adopt on-demand delivery models to satisfy consumer expectations for speed and convenience. Additionally, the growth of mobile commerce, facilitated by smartphones and apps, has made it easier for consumers to order products instantly. As more people turn to online shopping, the need for efficient delivery solutions continues to grow, propelling the market forward.

Restraint Factor for the On demand Delivery Market

Increasing Logistical Challenges is Challenging the On demand Delivery Market

Increasing logistical challenges significantly restrain the On-Demand Delivery Market. Factors such as traffic congestion, unpredictable weather conditions, and varying geographic landscapes complicate the timely delivery of goods. Urban environments often experience high traffic volumes, leading to delays that can frustrate customers and diminish service reliability. Moreover, the complexity of coordinating multiple delivery routes and schedules can strain resources, especially during peak demand periods. As businesses strive to meet consumer expectations for quick deliveries, these logistical hurdles can escalate operational costs and impact profitability. Additionally, inefficiencies in supply chain management can result in inventory shortages or overstock...

Operators in this industry provide local food delivery services. Enterprises operate separately from the restaurants that they service, acting as a third party between restaurant and consumer.

The Time Definite Courier Delivery Market Report is Segmented by Type (E-Commerce and Non-E-Commerce), Product (B2B and B2C), Mode of Transportation (Airways, Waterways, and Roadways), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and Rest of the World). The Report Offers Market Size and Forecasts in Value (USD) for the Above-Mentioned Segments.

Operators in this industry deliver parcels within 24 hours of purchase. This industry includes medical couriers, grocery delivery services and other small parcel couriers. This industry does not include meal delivery services.

The global food delivery services market size was USD 215.3 Billion in 2024 and is expected to reach USD 526.5 Billion in 2034 and register a CAGR of 9.3%. Food delivery services industry report classifies global market by share, trend, growth and on the basis of platform, model, type, payments, and...

Gain in-depth insights into Food Delivery Market Report from Market Research Intellect, valued at USD 150 billion in 2024, and projected to grow to USD 300 billion by 2033 with a CAGR of 8.5% from 2026 to 2033.

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Same Day Delivery Market Size and Trends

The same day delivery market size is forecast to increase by USD 40.50 billion at a CAGR of 32.4% between 2023 and 2028. The same day delivery market is experiencing significant growth due to the growth in online shopping and the increasing number of local shops joining the digital platform. Online retailers are leveraging airway and roadway transportation to ensure swift delivery, meeting consumers' demand for quick turnaround times. Automation in the delivery industry is also a major trend, streamlining processes and reducing errors. However, the market's fragmented structure is leading to increased competition among retailers. To stay competitive, companies must optimize their logistics networks and offer flexible delivery options to meet consumers' evolving needs. This market analysis report provides a comprehensive examination of the factors driving growth in the same day delivery market.

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Same day delivery has emerged as a critical aspect of the logistics landscape in the United States, revolutionizing the way businesses and consumers receive goods. This delivery model, which ensures items are delivered within 24 hours of order placement, is increasingly popular in e-commerce and various sectors, including business-to-business (B2B), business-to-consumer (B2C), and consumer-to-consumer (C2C) transactions. Logistics infrastructure plays a pivotal role in enabling same-day delivery. Real-time tracking systems, automated warehouses, and advanced transportation methods such as drones and autonomous vehicles have become essential components of this infrastructure. These technologies streamline the process, allowing for quicker order fulfillment and efficient last-mile delivery. Logistics automation is a significant driver of same-day delivery. Automated sorting and packing systems, real-time inventory management, and automated delivery vehicles enable faster processing and delivery times.

Furthermore, intermodal transportation, which combines different modes of transportation like airway, roadway, and rail logistics, optimizes delivery routes and reduces transit times. Same day delivery is not limited to the e-commerce sector. It is also gaining traction in various industries such as healthcare, food delivery, and retail, where quick turnaround times are crucial. Real-time tracking and automated delivery systems ensure that time-sensitive items reach their destinations on the same day, enhancing customer satisfaction and operational efficiency.

Moreover, logistics and transportation companies are continually innovating to meet the growing demand for same-day delivery. They are exploring various solutions, including crowdsourced delivery models, where delivery personnel use their personal vehicles to transport goods. This not only reduces delivery times but also creates opportunities for individuals to earn extra income. In conclusion, same day delivery is transforming the logistics landscape in the United States, enabling faster and more efficient delivery of goods. The integration of advanced technologies, logistics automation, and innovative transportation methods is driving the growth of this market, making it an essential component of e-commerce and various industries.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.

End-user

  B2C
  B2B
  C2C


Service

  Regular service
  Priority service
  Rush service


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  APAC

    China
    India
    Japan


  South America

    Brazil


  Middle East and Africa

By End-user Insights

The B2C segment is estimated to witness significant growth during the forecast period. In the business-to-consumer (B2C) sector, e-commerce is driving significant growth. The need for same day delivery services is gaining traction, particularly in the retail grocery industry. The online sale of groceries is projected to expand substantially during the forecast period. Shopping for groceries online offers cost savings and convenience, making it an attractive option for consumers. The COVID-19 pandemic has further accelerated this trend due to social distancing measures. Consequently, e-retailers have been investing heavily in online grocery sales, creating lucrative opportunities for same day delivery providers in the global same day delivery market.

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The B2C segment was valued at USD 3.74 billion in 2018. Crowdsourced delivery services, such as UberEats and DoorDash, have already made significant strides in the consumer-to-consumer (C2C) and peer-to-p

Operators in this industry provide local delivery services of groceries within a metropolitan area or within an urban center. These establishments generally provide point-to-point pick-up and delivery and are independent from grocery stores.

Food Platform-To-Consumer Delivery Market is Segmented by Business Model (Aggregator, Full Service), Device (Mobile Applications, Desktop / Web), Payment Method (Digital Wallets and UPI, Credit/Debit Cards, Cash On Delivery (COD)), Type of Food Delivery (Ready-To-Eat Meals and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Online Food Delivery Market Outlook

According to our latest research, the global online food delivery market size reached USD 221.8 billion in 2024, demonstrating robust growth momentum driven by digital transformation and evolving consumer preferences. The market is projected to expand at a CAGR of 10.6% from 2025 to 2033, reaching a forecasted value of USD 552.3 billion by 2033. This impressive growth is propelled by increasing smartphone penetration, the convenience of digital payment systems, and a surge in demand for quick and contactless food delivery solutions across both developed and emerging economies. As per our latest research, the online food delivery market is witnessing a paradigm shift, with technology, urbanization, and changing lifestyles shaping its trajectory.

One of the primary growth drivers for the online food delivery market is the rapid adoption of smartphones and internet connectivity worldwide. With more than 5.6 billion smartphone users globally in 2024, consumers now have unprecedented access to food delivery platforms via dedicated mobile applications and websites. This digital accessibility, combined with user-friendly interfaces and real-time order tracking, has significantly enhanced the customer experience, encouraging repeat orders and higher engagement rates. Additionally, the proliferation of digital payment options has further streamlined the ordering process, reducing friction and making it easier for customers to transact securely and efficiently.

Another significant factor contributing to the market’s expansion is the changing consumer lifestyle, particularly among urban populations. Busy work schedules, increased disposable incomes, and a growing preference for convenience have led to a surge in demand for quick-service restaurant (QSR) offerings and home-delivered meals. Millennials and Gen Z consumers, who value time-saving solutions and diverse culinary options, are especially driving the adoption of online food delivery platforms. This demographic shift, coupled with aggressive promotional strategies and loyalty programs by leading market players, has fueled sustained growth in the sector.

The COVID-19 pandemic has also played a pivotal role in reshaping the online food delivery landscape. Lockdowns, social distancing measures, and heightened health concerns accelerated the transition from traditional dine-in services to online ordering and contactless delivery. Restaurants and foodservice providers rapidly adapted by partnering with third-party aggregators or enhancing their own digital platforms. This shift not only ensured business continuity but also introduced new customer segments to the convenience of online food delivery, a trend that continues to persist even in the post-pandemic era. As a result, the market has seen an influx of investments in technology, logistics, and last-mile delivery solutions to meet growing demand.

From a regional perspective, the Asia Pacific region leads the global online food delivery market, accounting for over 40% of the market share in 2024. This dominance is attributed to large urban populations, high smartphone penetration, and a thriving digital economy in countries such as China, India, and Southeast Asian nations. North America and Europe also represent significant markets, driven by advanced infrastructure, high consumer spending, and the presence of established food delivery brands. Meanwhile, Latin America and the Middle East & Africa are witnessing rapid growth, supported by expanding internet access and evolving consumer habits. Each region presents unique opportunities and challenges, shaping the competitive dynamics of the global online food delivery market.

Platform Type Analysis

The online food delivery market is fundamentally segmented by platform type, primarily into mobile applications and websites. Mobile applications have emerged as the dominant platform, accounting for over 65% of the total market share in 2024.

Access Middle East Food Delivery Industry Overview which includes Middle East country analysis of (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East), market split by Type, Food Type, Platform, Payment Mode, Order Type