With a market share of ** percent, DoorDash dominated the online food delivery market in the United States as of March 2024. Meanwhile, Uber Eats held the second highest share with ** percent.
This statistic shows the takeout food delivery market share in Los Angeles, United States, as of April 2021. In that year, DoorDash accounted for ** percent of the food delivery market in Los Angeles.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
Europe 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 Country. The Market Forecasts are Provided in Terms of Value (USD).
https://www.skyquestt.com/privacy/https://www.skyquestt.com/privacy/
Online Food Delivery Market size was valued at USD 151.51 billion in 2023 and is poised to grow from USD 165.11 billion in 2024 to USD 351.51 billion by 2032, growing at a CAGR of 10.1% during the forecast period (2025-2032).
https://www.kbvresearch.com/privacy-policy/https://www.kbvresearch.com/privacy-policy/
The Global Online Food Delivery Market size is expected to reach $1053.05 billion by 2032, rising at a market growth of 12.4% CAGR during the forecast period. The use of integrated features such as real-time order tracking, customer reviews, and promotional discounts further enhances the appeal. Re
Online On-Demand Food Delivery Services Market Size 2025-2029
The online on-demand food delivery services market size is forecast to increase by USD 470.5 billion, at a CAGR of 26.9% between 2024 and 2029.
The market is experiencing significant growth, driven by the strategic partnerships between restaurants and online food aggregators. These collaborations enhance the reach and convenience of food delivery services, enabling restaurants to expand their customer base and aggregators to offer a wider selection of options. The market is further fueled by the increasing application of new technologies, such as artificial intelligence and machine learning, which streamline operations and improve the overall customer experience. However, the rising threat from direct delivery services poses a challenge. Companies must differentiate themselves through unique offerings, exceptional customer service, and innovative technologies to maintain a competitive edge in this dynamic market. Strategic partnerships and technological advancements present opportunities for growth, while the emergence of direct delivery services necessitates a focus on differentiation and customer satisfaction. Companies seeking to capitalize on market opportunities and navigate challenges effectively must stay agile and responsive to evolving consumer preferences and competitive landscapes.
What will be the Size of the Online On-Demand Food Delivery Services Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with dynamic market dynamics shaping its applications across various sectors. Real-time tracking, user interface, and delivery vehicles are key components, ensuring seamless food delivery experiences for customers. Food safety regulations and restaurant partnerships are crucial in maintaining quality and trust. Meal kits and sustainability initiatives cater to diverse consumer preferences, while delivery networks optimize logistics and inventory management. Social responsibility is a growing concern, with companies implementing initiatives to reduce carbon footprint through cloud computing and route planning. Customer engagement is fostered through community engagement, customer service chatbots, and loyalty programs. Restaurant POS integration and order management systems streamline operations, enhancing order accuracy and customer retention.
Fraud prevention and data security are essential in maintaining trust and transparency, while pricing models and data analytics inform strategic decision-making. Delivery scheduling and automation dispatch further improve efficiency, with API integration enabling seamless third-party partnerships. Commission structures and background checks ensure fair compensation for drivers, ensuring a reliable and efficient delivery network. The market's continuous unfolding is marked by ongoing innovations in food preparation, order confirmation, temperature control, and order tracking notifications. Delivery radius expansion and peak demand management cater to evolving consumer needs, with meal kits and dietary restrictions addressing diverse dietary preferences. Environmental impact is a growing concern, with companies investing in sustainable delivery vehicles and packaging solutions.
User experience remains a top priority, with mobile applications and order history features enhancing the overall delivery experience. The market's evolving patterns reflect a commitment to meeting consumer demands while maintaining a responsible business model.
How is this Online On-Demand Food Delivery Services Industry segmented?
The online on-demand food delivery services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Business SegmentOFFDSLogistics-focused food delivery servicesTypeRestaurant-to-consumerPlatform-to-consumerEnd-userFamilyOffice buildingsPlatformMobileWebGeographyNorth AmericaUSMexicoEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACAustraliaChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)
By Business Segment Insights
The offds segment is estimated to witness significant growth during the forecast period.In the on-demand food delivery services market, companies function as intermediaries between restaurants and customers. Customers can explore and compare restaurant menus, prices, reviews, and ratings through the company's website or mobile application. Once an order is placed and confirmed, the company forwards it to the respective restaurant for preparation and delivery. The restaurants manage the logistics of food delivery in this model, which primarily focuses on
This statistic shows the takeout food delivery market share in Chicago, United States, as of April 2021. In that year, Uber Eats accounted for ** percent of the food delivery market in Chicago.
https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy
The global consumer food delivery market is experiencing robust growth, driven by escalating demand for convenience, busy lifestyles, and the increasing popularity of online food ordering platforms. The market's size in 2025 is estimated at $250 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 15% from 2019 to 2033. This significant expansion is fueled by several key factors, including technological advancements in delivery logistics, the rise of diverse culinary options available through apps, and aggressive marketing strategies employed by major players. The market segmentation is broad, encompassing ready-made meals, grocery delivery, and restaurant meal delivery, catering to a wide spectrum of consumer needs and preferences. Key players like DoorDash, Uber Eats, and HelloFresh are constantly innovating to improve their services, such as introducing subscription models, expanding delivery areas, and enhancing customer loyalty programs. However, the market faces challenges, including fluctuating food costs, increasing competition, and the need for maintaining food safety and quality standards throughout the delivery process. Furthermore, regulatory hurdles in certain regions and the sustainability concerns related to packaging and transportation are factors influencing market growth. Despite these restraints, the long-term outlook remains positive, with sustained growth predicted throughout the forecast period (2025-2033). The market's future success hinges on companies' ability to adapt to evolving consumer preferences, optimize delivery networks for efficiency and sustainability, and leverage technological advancements to enhance customer experience and operational efficiency. This includes exploring solutions that minimize environmental impact while maximizing delivery speed and accuracy.
https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
The global food platform-to-consumer delivery market is experiencing robust growth, projected to reach a substantial size by 2033. A compound annual growth rate (CAGR) of 11.60% from 2019 to 2024 indicates a significant expansion driven by several key factors. The increasing prevalence of smartphones and internet penetration, coupled with changing consumer lifestyles and preferences for convenience, are major catalysts. Consumers are increasingly embracing online ordering for its speed and ease, leading to a surge in demand for food delivery services. Furthermore, the expansion of delivery networks, strategic partnerships between food platforms and restaurants, and the introduction of innovative features like pre-ordering and subscription models are contributing to market growth. The market is segmented geographically, with North America and Asia Pacific currently holding significant market shares due to high internet penetration and a large consumer base. However, other regions are showing strong growth potential as internet access and digital literacy improve. Competition is fierce, with established players like Uber Eats, DoorDash, and Deliveroo vying for market dominance alongside regional players. The market's future will depend on companies' ability to adapt to evolving consumer demands, enhance their technology and delivery infrastructure, and navigate regulatory changes. Despite the considerable growth, challenges remain. Maintaining profitability in a competitive landscape with high operating costs, including labor and logistics, is a key concern for market players. Fluctuating food prices and the potential for regulatory hurdles regarding food safety and worker rights also pose challenges. Furthermore, maintaining customer loyalty in a market saturated with similar services requires constant innovation and competitive pricing strategies. Future market dynamics will likely see increasing emphasis on sustainable practices, personalized services, and the integration of advanced technologies like AI and automation to streamline operations and improve efficiency. The growth of this market is expected to continue its upward trajectory, although navigating these challenges will be crucial for sustained success. Recent developments include: March 2022 - Deliveroo, a global food delivery company operating across Europe, the Middle East, Asia, and Australia, launched its India Engineering Centre in Hyderabad. The company's multi-year plan is to expand its world-class engineering capabilities with a new team focused on delivering superior experiences for Deliveroo customers, restaurant and grocery partners, and delivery riders. It would also build highly scalable, reliable, and innovative next-generation products for its worldwide operations., January 2022 - Swiggy, India's top food delivery startup, has raised USD 700 million in a new financing round, just six months after securing USD 1.25 billion, as it aggressively expands its offerings, including instant-delivery service in the South Asian market.. Key drivers for this market are: Increasing Smartphone Penetration and Surge in Internet Penetration, Launch of Appealing and User-friendly Apps. Potential restraints include: Increasing Smartphone Penetration and Surge in Internet Penetration, Launch of Appealing and User-friendly Apps. Notable trends are: Growing Prominence of Online Food Delivery Apps along with Rising Internet Penetration.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
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.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The market for food ordering via online portals will experience humongous growth during the years 2025 to 2035 with greater dependence on online portals for ordering food. The market will grow by approximately USD 48,651 million in 2025 and can reach an apex of USD 125,310 million in 2035 at a compound annual growth rate (CAGR) of 9.9% during the forecast period.
Metric | Value |
---|---|
Industry Size (2025E) | USD 48,651 million |
Industry Value (2035F) | USD 125,310 million |
CAGR (2025 to 2035) | 9.9% |
Country Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 9.5% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 10.0% |
Region | CAGR (2025 to 2035) |
---|---|
European Union | 9.8% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 9.9% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 9.8% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Uber Eats | 18-22% |
DoorDash | 20-25% |
Grubhub | 10-14% |
Deliveroo | 8-12% |
Just Eat Takeaway | 6-10% |
Other Companies (combined) | 30-40% |
https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
The North American online food delivery platform industry is experiencing robust growth, projected to reach a market size of $35.19 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 7.72% from 2025 to 2033. This expansion is driven by several key factors. The increasing prevalence of smartphones and readily available high-speed internet access has significantly broadened the accessibility and convenience of online food ordering. Busy lifestyles and a growing preference for convenience among consumers fuel demand. Furthermore, the industry's continuous innovation, including advanced delivery technologies, diverse restaurant partnerships, and loyalty programs, enhances the overall customer experience, fostering market growth. The competitive landscape is characterized by established players like Uber Eats, DoorDash, and Grubhub, alongside emerging smaller companies vying for market share. Geographic variations in market penetration exist, with urban areas typically exhibiting higher adoption rates compared to rural regions. Challenges include maintaining profitability amidst high operational costs, including driver wages and commission fees, as well as navigating stringent regulations regarding food safety and worker classification. Future growth will depend on successful strategies addressing these challenges, expanding into underserved markets, and leveraging technological advancements to optimize efficiency and enhance the customer journey. The market segmentation reveals crucial insights into consumer behavior and industry dynamics. Analyzing production and consumption patterns across North America (comprising the United States, Canada, and Mexico) provides a detailed understanding of regional differences. Import and export data illuminate the role of international trade in the sector. Price trends, reflecting factors like competition, ingredient costs, and delivery fees, are equally significant in forecasting future market dynamics. The industry's continued focus on optimizing its logistics networks, enhancing user interfaces, and diversifying food options will significantly influence its future growth trajectory. Understanding these nuances is paramount for both existing participants and potential entrants aiming to successfully navigate this dynamic and competitive market. Recent developments include: November 2021 - DoorDash Inc., DoorDash Inc said it's buying Finnish food-delivery startup Wolt Enterprises Oy for about USD 8 billion. The biggest meal-delivery service in the U.S. said it's buying Finnish food-delivery startup Wolt Enterprises Oy for about $8 billion as it seeks to stay ahead of rivals in the race to satisfy soaring demand for the fast delivery of everything from food to prescriptions and pet supplies., June 2021 - Uber has been pushing itself beyond ride-hailing and has seen strength in its Uber Eats business due to the Covid-19 pandemic.. Notable trends are: Rise of Mobile Penetration in North America.
https://www.expertmarketresearch.com/privacy-policyhttps://www.expertmarketresearch.com/privacy-policy
The India online food delivery market, valued at USD 48.07 Billion in 2024, has seen substantial growth, offering access to a diverse range of cuisines and dining options. The market is expected to grow at a compound annual growth rate (CAGR) of 27.30% from 2025 to 2034, potentially reaching USD 537.23 Billion by 2034, as delivery platforms adopt eco-friendly packaging and sustainable practices to appeal to environmentally conscious consumers.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The market is anticipated to grow at approximately a 6.8% CAGR, reaching approximately USD 487,182.5 Million by 2035 and a value of USD 252,336 Million by the year 2025. A growing demand for food delivery services is fueled by the increasing number of smart devices, busy lifestyle habits, and user-friendliness of food delivery applications.
Key Market Metrics
Metric | Value |
---|---|
Market Size in 2025 | USD 252,336 Million |
Projected Market Size in 2035 | USD 487,182.5 Million |
CAGR (2025 to 2035) | 6.8% |
Country-Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 6.9% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 6.7% |
Country | CAGR (2025 to 2035) |
---|---|
EU | 6.8% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 6.8% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 6.9% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
DoorDash, Inc. | 18-22% |
Uber Technologies, Inc. (Uber Eats) | 14-18% |
Zomato Ltd. | 12-16% |
Deliveroo Plc | 8-12% |
Swiggy | 6-10% |
Other Hyperlocal Food Delivery Providers (combined) | 30-40% |
https://www.marketresearchforecast.com/privacy-policyhttps://www.marketresearchforecast.com/privacy-policy
The online on-demand food delivery market is experiencing explosive growth, projected to reach a market size of $49.25 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 14.3% from 2025 to 2033. This surge is driven by several key factors: the increasing prevalence of smartphones and readily available high-speed internet access, enabling seamless ordering; the rising popularity of convenient, time-saving services among busy professionals and families; and the continuous expansion of restaurant partnerships and delivery networks. The market's segmentation reveals diverse user preferences and business models. Order-focused services dominate, prioritizing efficient order placement and delivery, while logistics-focused companies emphasize optimized delivery networks and wider restaurant coverage. The primary application segments are office buildings and families, reflecting the core customer base. Key players like DoorDash, Uber Eats, Deliveroo, and Meituan are fiercely competing for market share, driving innovation in areas such as delivery speed, customer service, and technology integration. The geographic distribution shows strong growth across North America, Europe, and Asia Pacific, with emerging markets in the Middle East and Africa also showing significant potential. The market's continued expansion will likely involve further technological advancements, such as AI-powered order optimization and autonomous delivery vehicles, and a heightened focus on sustainability and ethical labor practices. The future of the online on-demand food delivery market appears bright, yet challenges remain. Competition is intense, requiring companies to continuously improve efficiency and customer experience. Maintaining profitability in a price-sensitive market is crucial. Furthermore, regulatory hurdles related to food safety, labor laws, and environmental concerns pose ongoing obstacles. Successful players will need to adapt to shifting consumer demands, leverage data analytics for strategic decision-making, and foster robust relationships with restaurants and delivery personnel. Expansion into underserved markets and the exploration of complementary services, such as grocery delivery or meal kit integration, present significant opportunities for growth and differentiation. The projected CAGR suggests that the market will significantly expand over the next decade, exceeding $180 billion by 2033, with continued innovation and strategic adaptations proving critical to success.
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The global food delivery service market is experiencing robust growth, driven by increasing smartphone penetration, changing consumer lifestyles favoring convenience, and the expansion of diverse cuisine options available through online platforms. The market, estimated at $150 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching approximately $450 billion by 2033. This expansion is fueled by several key trends, including the rise of cloud kitchens, the integration of advanced technologies like AI for personalized recommendations and optimized delivery routes, and the growing popularity of subscription services offering discounted meals or free delivery. While the market faces restraints such as stringent regulatory frameworks in some regions and concerns regarding food safety and hygiene, the overall growth trajectory remains positive. The market is segmented by application (websites and mobile applications) and type (aggregators and new delivery models, including ghost kitchens and dark stores), allowing for specialized strategies and innovation within each segment. Key players such as Grubhub, DoorDash, Uber Eats, and Deliveroo are strategically investing in technology and expanding their geographic reach to maintain a competitive edge. The regional distribution of market share reveals significant variations. North America and Asia Pacific are currently leading the market, with high adoption rates in countries like the United States, China, and India. However, emerging markets in regions such as South America, Africa, and parts of Asia present substantial growth potential, as increasing urbanization and rising disposable incomes drive demand for convenient food delivery services. The competitive landscape is characterized by both established players and rapidly emerging startups, fostering continuous innovation and price competition. This leads to a dynamic market requiring adaptability and a focus on customer experience to thrive. Future growth will likely be shaped by factors such as sustainable packaging initiatives, the integration of contactless delivery options, and the evolution of last-mile delivery solutions to improve efficiency and reduce costs.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
As per Cognitive Market Research's latest published report, the Global Digital Food Delivery market size will be USD 278.82 Billion by 2029. Digital Food Delivery Industry's Compound Annual Growth Rate will be 11.27% from 2023 to 2030.
The North America Digital Food Delivery market size will be USD 92.71 Billion by 2029.
Market Dynamics of Digital Food Delivery Market
Key Drivers In The Market
Increased
A key driver of growth in the digital food delivery market is he increased penetration of smartphones and improved internet connectivity, especially in emerging economies. With smartphones and data plans becoming more affordable and accessible, a large portion of the global population is gaining access to digital platforms. This has changed consumer behavior, creating a desire for convenience, speed and a digital first experience. The convenience of ordering and getting deliveries within minutes is particularly appealing to urban millennials and Gen Z consumers, who value time efficiency and instant gratification in their busy lifestyles. Additionally, technological advancements in real-time tracking and payment options have improved food delivery experience. Increase smartphone usage in rural and semi-urban areas has introduced new opportunities for growth for food delivery platforms.
Developments in online payment methods, like mobile wallets and UPI based payments have simplified the checkout process, improving the overall user experience and customer engagement.
Key Restraints In The Market
High operating costs significantly challenges market growth
High operational costs of digital food delivery are a significant restraint in the market. It is the most expensive and complex part of the supply chain, accounting for a significant part of total shipping costs. These costs include fuel expenses, labor, vehicle maintenance, failed deliveries and the need for improved technology like route optimization and tracking systems. The increasing demand for quicker deliveries pushes logistics provider to absorb such costs while maintaining service quality. Such high operating costs directly impact profit margins and scalability.
OPPORTUNITIES
Tapping into emerging markets presents an opportunity for growth
Expanding into emerging markets, particularly tier 2 and tier 3 regions can create lucrative opportunities for digital food delivery platforms. Such regions are experiencing rapid digital adoption, increasing smartphone and internet usage and growing desire for convenience. As the digital infrastructure in tier2 and tier 3 regions improves, the demand for fast and reliable delivery services increases. Tapping into emerging markets offer first mover advantage with lower competition and access to a new, underserved customer base. Furthermore, the market is deterring new investment due to the heavy rules and regulations from various government agencies and the increasingly strict legislation regarding the use of rapid commerce. Introduction to Digital Food Delivery market
Digital food delivery involves ordering and receiving meals through digital platforms like apps or websites, allowing for convenient and accessible ordering from various restaurants. Digital food delivery platforms connect customers with restaurants, allowing for online ordering, live delivery tracking as well as payment processing.
The wider adoption of smartphones and improved internet connectivity are significant drivers of the global online food delivery market. Changing lifestyles due to rapid urbanization, increased disposable incomes and a growing preference for convenience and accessibility further fuel demand for such platforms.
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The online on-demand food delivery market is experiencing robust growth, driven by increasing smartphone penetration, changing consumer lifestyles favoring convenience, and the expansion of restaurant partnerships with delivery platforms. The market's value, while not explicitly stated, can be reasonably estimated based on the presence of major players like Deliveroo, DoorDash, and Meituan, indicating a multi-billion dollar market size in 2025. A Compound Annual Growth Rate (CAGR) – let's assume a conservative estimate of 15% – suggests significant expansion throughout the forecast period (2025-2033). Key market drivers include the rising popularity of quick-service restaurants (QSRs) and cloud kitchens, offering increased delivery options, along with advancements in delivery technology, such as optimized routing and real-time tracking, that enhance efficiency and customer satisfaction. Emerging trends, such as the integration of AI-powered recommendation systems and the growth of subscription models, further contribute to market expansion. However, challenges remain, including high operating costs for delivery companies, regulatory hurdles related to food safety and worker classification, and intense competition among established players and new entrants. Market segmentation, encompassing factors like service type (restaurant delivery vs. grocery delivery), order type (single order vs. subscription), and customer demographics, will play a vital role in future market development. The competitive landscape is characterized by a mix of global giants and regional players. Companies such as Deliveroo, DoorDash, and Uber Eats (implied by the presence of other major players) are aggressively pursuing market share through strategic partnerships, technological advancements, and expansion into new markets. Despite the competitive intensity, the overall market shows immense potential for growth. The forecasted period (2025-2033) will likely witness a consolidation of market players through mergers and acquisitions as companies strive for greater scale and efficiency. Furthermore, the increasing demand for contactless delivery options post-pandemic will also propel the growth of the online on-demand food delivery sector. Continued innovation in technology and service offerings will be crucial for sustained growth and success in this dynamic market.
https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy
The Online Food Delivery Services Market size was valued at USD 64.64 billion in 2023 and is projected to reach USD 214.61 billion by 2032, exhibiting a CAGR of 18.7 % during the forecasts period. The concept of the Online Food Delivery Services Market applies to internet-based services and applications that help consumers to order meals online from restaurants and have them delivered to their homes or workplaces. Nowadays, the notable possibilities for restaurant delivery services are available: direct cooperation with the restaurant, as well as cooperation through aggregator platforms, and through subscription packages. As it applies to consumers convenience, restaurant operations and delivery logistics is as follows; Trends are now including the use of artificial intelligence and data analysis systems for recommendation and delivery logistics, cloud and ghost kitchens to meet the demand, and the shift towards sustainability and sustainable packaging. This market has been occasioned by factors such as shifts in the social eating habits, the development of new mobile technology and availability of adequate food delivery services in urban centers. Recent developments include: In October 2021, Delivery Hero SE acquired hugo’s food and grocery delivery verticals for USD 150 million. The acquisition aimed to expand its reach in Caribbean and Central American markets. , In June 2021, Just Eat Takeaway.com acquired Grubhub to step into the online food delivery services in the U.S. This acquisition aimed to help the enlarged group to access the world's most attractive markets in online food delivery: the U.S., the UK, Netherlands and Germany. .
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The online food delivery market experienced significant growth from 2019 to 2024, driven by increasing smartphone penetration, changing consumer lifestyles favoring convenience, and the expansion of diverse culinary options through the platforms. The market, estimated at $150 billion in 2024, is projected to continue its robust expansion, achieving a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This growth is fueled by ongoing technological advancements, such as improved delivery logistics and AI-powered recommendation systems. Furthermore, strategic partnerships between delivery platforms and restaurants, along with the increasing popularity of subscription services, are contributing factors to this upward trajectory. Competitive pressures remain intense, with major players like DoorDash, Uber Eats, and Deliveroo vying for market share through aggressive marketing, expansion into new markets, and continuous innovation in their service offerings. However, challenges persist. Rising operational costs, including labor and fuel prices, present a significant hurdle for profitability. Concerns surrounding food safety and hygiene, as well as the environmental impact of increased delivery traffic, necessitate ongoing improvements in operational standards and sustainable practices. Regulatory changes and varying legislation across different regions also pose hurdles for consistent market growth and scalability. Despite these headwinds, the convenience and accessibility offered by online food delivery services are expected to sustain the market's strong growth momentum throughout the forecast period. The diverse range of players, from large multinational corporations to local delivery startups, further indicates a dynamic and competitive landscape.
With a market share of ** percent, DoorDash dominated the online food delivery market in the United States as of March 2024. Meanwhile, Uber Eats held the second highest share with ** percent.