Online Food Delivery Market Size, Share | CAGR of 33.14%

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This versatile research report is presenting crucial details on market relevant information, harping on ample minute details encompassing a multi-dimensional market that collectively maneuver growth in the global Online Food Delivery market.

below is a compact, source-backed market brief for Online Food Delivery and a short company reference table with concrete, recent values/metrics (2023–2025 public filings and market reports). I prioritized the most up-to-date corporate disclosures and reputable market research so you can use the figures directly.

This versatile research report is presenting crucial details on market relevant information, harping on ample minute details encompassing a multi-dimensional market that collectively maneuver growth in the global Online Food Delivery market.

This holistic report presented by the report is also determined to cater to all the market specific information and a take on business analysis and key growth steering best industry practices that optimize million-dollar opportunities amidst staggering competition in Online Food Delivery market.

Read complete report at: https://www.thebrainyinsights.com/report/online-food-delivery-market-12992


Quick company reference (company → concrete value / metric)

Company (role / region)Key value / metric (most recent public figure)Source
DoorDash (US, marketplace)Q4 2024: Total orders 685M (Q4), Marketplace GOV $21.3B (Q4); full-year revenue strong growth reported (Q4 release). 
Uber / Uber Eats (global)Delivery revenue $13.7B (2024); Delivery gross bookings $74.6B (2024) (company delivery segment disclosed in 2024 reporting summaries). 
Meituan (China — food delivery leader)Total revenue RMB 337.6B (2024); food delivery remains core GMV driver — Meituan reiterated investment in AI/autonomous delivery (2024 annual report & press).  
Just Eat Takeaway (Europe / global)Total revenue €5,085M (2024) (FY 2024 results). 
Deliveroo (UK / Europe)2024 revenue ~£2.07B; orders 296M (2024); reported first full-year profit (small positive) in 2024.  
Zomato (India)Total revenue ~₹129,950 million (FY24) (Zomato Annual Report FY23–24). India market leader metrics in FY24 filings.  
(regional players to watch: Swiggy (India), Rappi (LatAm), GrabFood (SEA) — see regional sections for context)  

Note: many platforms report a mix of revenue, GOV / GMV (gross order value), order counts and segment bookings — I chose the most comparable, public KPIs for each major player.


Market snapshot — headline numbers & recent developments

  • Global market size: Grand View Research estimates the online food-delivery market at ~USD 288.8B in 2024, with a projected CAGR into the late 2020s (strong multi-year growth driven by convenience and tech adoption).

  • Consolidation & profitability focus: Large players are shifting from growth-at-all-costs to profitability and unit economics (Deliveroo achieved its first full-year profit in 2024; other platforms highlight margin improvement and ad/marketing monetization).

  • Tech / automation push: Meituan and other platforms are investing in AI and autonomous delivery pilots; DoorDash and Uber continue to scale advertising and logistics revenue streams.


Drivers

  1. Convenience adoption & smartphone penetration — one-tap ordering and digital payments keep expanding addressable consumers.

  2. Expanded assortment (groceries / quick commerce / dark kitchens) — platforms diversify into grocery, convenience and grocery-like quick commerce to raise frequency and AOV.

  3. Monetization beyond delivery fees — advertising, subscription/loyalty programs and logistics services (white-label delivery) improve unit economics.


Restraints

  • Margin pressure & regulation on gig workforce — rising costs (driver pay, social protections) and regulatory action affect delivery economics.

  • Customer retention & price sensitivity — competition drives frequent promotions that compress margins and make profitability uneven. 

  • Logistics complexity in lower-density markets — unit economics worsen where order density is low (rural/suburban challenges).


Regional segmentation (high level)

  • North America (US & Canada): DoorDash and Uber Eats dominate; high per-order values and established subscription programs. DoorDash GOV and order growth remain industry-leading.

  • China: Meituan dominates with very high GMV and deep cross-sell (food, hotels, grocery); high automation and local logistics infrastructure. 

  • Europe & UK: Fragmented with big players (Just Eat Takeaway, Deliveroo); focus shifting to profitability and local partnerships.

  • India & South Asia: Fastest growth in order volume; large local players (Zomato, Swiggy) investing in cloud kitchens and quick commerce. Zomato reported strong FY24 revenue growth.

  • Latin America & SEA: Regional “super apps” (Rappi, Grab) combine delivery with fintech and logistics — rapid expansion but mixed profitability. (See company filings/regional reports.) 


Emerging trends

  • Quick commerce (15–30 minute delivery) — platforms expanding micro-fulfilment, dark stores and partnerships to capture higher frequency orders.

  • Restaurant verticalization (cloud kitchens & platform partnerships) — platforms either run or partner with cloud kitchens to improve margins and unit economics. 

  • Autonomous delivery pilots & AI routing — Meituan and others are investing in robots/AI to lower last-mile costs.

  • Monetization mix shift — ads, featured placement, and logistics B2B services are contributing more to revenue.


Top use cases

  1. Restaurant meal delivery (core) — casual dining / fast food; highest share of orders.

  2. Groceries & convenience (Q-commerce) — repeat, lower-AOV orders that increase frequency.

  3. B2B / catering & corporate food — bulk orders, employee meal programs and catering logistics.


Major challenges

  • Sustaining positive unit economics at scale — balancing driver pay, customer acquisition costs and promotions.

  • Regulatory & legal risks on worker classification — emerging laws and court rulings in several countries create uncertainty and cost pressure.

  • Competition & margin erosion — intense rivalry keeps customer incentives high and margins thin.


Attractive opportunities

  • Adjacency monetization: grocery, alcohol, pharma & retail delivery — raises frequency and TAM per user.

  • Logistics-as-a-service for restaurants & retail — white-label delivery and B2B logistics can create higher margin revenue lines. 

  • Advertising marketplaces & data products — restaurants pay for discoverability and conversion; platforms can scale ad revenue.


Key factors of market expansion (what to watch)

  1. Unit economics improvements (higher take rates on ads/subscriptions, lower last-mile cost via density or automation).

  2. Regulatory outcomes for gig workers — social protections or reclassification will materially affect costs. 

  3. Spread of quick-commerce & micro-fulfilment infrastructure — increases order frequency and retention. 

  4. Local market consolidation & M&A — further consolidation could create regional winners with scale economics (we’ve seen deals and strategic small-market exits).


 

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