The online on-demand food delivery services market is fragmented. The established vendors enjoy a moderate advantage over their competitors owing to their network penetration and scale of operations. Vendors are also entering into M&A with other players in the market to expand their customer base. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
- Alibaba Group Holding Ltd. - The company offers online on-demand food delivery services such as Ele.me, Alipay, Taobao and Koubei mobile apps to order meals, food, groceries, and many more.
- Delivery Hero SE - The company offers foodpanda that provides a wide range of food, groceries, and more, quickly and conveniently.
- Glovoapp23 SL - The company offers online on-demand food delivery services such as glove that is convenient and less time-consuming.
- Grab Holdings Inc. - The company offers GrabFood which delivers food and beverages from restaurants to millions of consumers islandwide.
- Grubhub Inc. - The company offers Grubhub that elevates food ordering through innovative restaurant technology, easy-to-use platforms, and an improved delivery experience.
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
The online on-demand food delivery services market is expected to grow at a CAGR of 7% between 2019 and 2024. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenges
The increasing partnerships between restaurants and online food delivery aggregators and multiple cost and operational benefits to restaurants are some of the key market drivers. However, factors such as the growing threat from direct delivery services offered by restaurants will challenge market growth.
To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report right now!
The online on-demand food delivery services market report is segmented by business model (order-focused food delivery services and logistics-focused food delivery services) and geography (APAC, Europe, MEA, North America, and South America).
59% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for online on-demand food delivery services in APAC. Market growth in this region will be faster than the growth of the market in other regions. Increased investments by vendors to improve the efficiency of logistics and the rising consumer willingness to spend on food delivery services will significantly drive online on-demand food delivery services market growth in this region over the forecast period.
View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
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Online On-Demand Food Delivery Services Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
Market growth 2019-2024 |
44.23 billion |
Market structure |
Fragmented |
YoY growth (%) |
-4.85 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 59% |
Key consumer countries |
China, US, India, UK, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Alibaba Group Holding Ltd., Delivery Hero SE, Glovoapp23 SL, Grab Holdings Inc., Grubhub Inc., Just Eat Takeaway.com NV, Meituan Dianping, Roofoods Ltd., Uber Technologies Inc., and Zomato Media Pvt. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
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Email:[email protected]
Website: www.technavio.com/
SOURCE Technavio
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