The market size of the global online food delivery sector was estimated at over one trillion U.S. dollars in 2023, of which 630 billion dollars were generated in the grocery delivery segment, and 390 billion dollars in the meal delivery segment. By 2029, the online food delivery market is forecast to generate revenues reaching 1.85 trillion U.S. dollars.
In 2024, the total market size of the online food delivery industry in the United States was estimated at approximately 353.3 billion U.S. dollars, with the grocery delivery segment generating an estimated 257 billion U.S. dollars in revenue, and the meal delivery segment around 96 billion dollars. A leading market The United States is home to the second biggest online food delivery market in the world after China. While grocery delivery accounts for nearly two-thirds of the food delivery market in the U.S., the meal delivery segment is increasingly relevant, as homegrown players continue expanding their reach beyond borders. The race for market share between DoorDash and Uber Eats may have crowned the former leader of its home market, but the latter dominates on the global front. In 2023, Uber Eats was the leading online food delivery company in the world with nearly 12.2 billion U.S. dollars in revenues. DoorDash’s global ambitions DoorDash achieved impressive success in recent years. As data on the total dollar value of orders made on DoorDash marketplaces demonstrates, the San Francisco-based startup’s GMV reached nearly 67 billion U.S. dollars in 2023, up from a mere eight billion dollars in 2019. That’s more than 700 percent growth in just four years. In addition to this, DoorDash revealed its ambitions of global expansion with its recent acquisition of Helsinki-based company Wolt, a major player in the European food delivery market. As of 2024, DoorDash operated in 27 countries.
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The market size of the global online food delivery sector was estimated at over one trillion U.S. dollars in 2023, of which 630 billion dollars were generated in the grocery delivery segment, and 390 billion dollars in the meal delivery segment. By 2029, the online food delivery market is forecast to generate revenues reaching 1.85 trillion U.S. dollars.