Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Online Food Delivery Services Market to reach USD 213.25 billion by the end of 2030.

Global Online Food Delivery Services Market Size study & Forecast, by Type (Restaurant-to-Consumer, Platform-to-Consumer), by Distribution Channel (Website/Desktop, Mobile Application), by Payment Method (Cash on Delivery, Online Payment) and Regional Analysis, 2023-2030

Product Code: ICTICTS-40086288
Publish Date: 19-06-2023
Page: 200

Global Online Food Delivery Services Market is valued at approximately USD 57.9 billion in 2022 and is anticipated to grow with a compounded annual growth rate of more than 17.7% over the forecast period 2023-2030. Online Food Delivery Services is a platform where restaurants list their menu in order to deliver food to a large public sitting at their home and office. Rapid Urbanization and Increasing Smartphone Users emerge as to be the growth drivers of the Global Online Food Delivery Services Market.

According to Statista, the degree of urbanization worldwide was at 57% in 2022, which suggests that the Global Online Food Delivery Services Market may grow significantly with the rapid increase of urbanization. According to Statista in 2022, global smartphone mobile network subscriptions reached nearly 6.6 billion and expected to surpass 7.8 billion by 2028, which might boost the food on fingertips market i.e., Global Online Food Delivery Services Market. However, Geographic Location and Health Consciousness may hamper the overall growth of the market. Moreover, Changing Consumer Preferences and Demand for instant food would be the growth opportunities of the market.

The key regions considered for the Global Online Food Delivery Services Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America Region has market dominance in Global Online Food Delivery Services Market owing to the tech-friendly public and inclination towards packed or instant food. Asia Pacific Region is the fastest-growing region. According to the United Nations Population Fund (UNFPA), in July 2022 the Asia Pacific region account for the home of 60% of the total world population approximately 4.3 billion including the world’s most populous countries such as India and China which emerge as fastest growing region in the Global Online Food Delivery Services Market.

Major market player included in this report are:
Zomato Limited
Delivery Hero
Just Eat Holdings Limited
Deliveroo Holdings PLC
Postmates Inc.
Takeaway.com Group BV.
Pizza Hut
Grubhub Inc.
Recent Developments in the Market:
Ø In April 2023, Swiggy started taking some serious strategical decisions one of which is charging fees for food orders amid stagnant growth in the online food delivery services to boost the revenue growth of the company.
Global Online Food Delivery Services Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Distribution Channel, Payment Method, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

By Distribution Channel:
Mobile Application

By Payment Method:
Cash on delivery
Online Payment

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Online Food Delivery Services Market, by Region, 2020-2030 (USD Billion)
1.2.2. Online Food Delivery Services Market, by Type, 2020-2030 (USD Billion)
1.2.3. Online Food Delivery Services Market, by Distribution Channel, 2020-2030 (USD Billion)
1.2.4. Online Food Delivery Services Market, by Payment Method, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Online Food Delivery Services Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Online Food Delivery Services Market Dynamics
3.1. Online Food Delivery Services Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Rapid Urbanization Increasing Smartphone Users
3.1.2. Market Challenges Geographic Location Health Consciousness
3.1.3. Market Opportunities Changing Consumer Preferences Demand for Instant Food
Chapter 4. Global Online Food Delivery Services Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Online Food Delivery Services Market, by Type
5.1. Market Snapshot
5.2. Global Online Food Delivery Services Market by Type, Performance – Potential Analysis
5.3. Global Online Food Delivery Services Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Online Food Delivery Services Market, Sub Segment Analysis
5.4.1. Restaurant-to-Consumers
5.4.2. Platform-to-Consumers
Chapter 6. Global Online Food Delivery Services Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Online Food Delivery Services Market by Distribution Channel, Performance – Potential Analysis
6.3. Global Online Food Delivery Services Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Online Food Delivery Services Market, Sub Segment Analysis
6.4.1. Website/Desktop
6.4.2. Mobile Application
Chapter 7. Global Online Food Delivery Services Market, by Payment Method
7.1. Market Snapshot
7.2. Global Online Food Delivery Services Market by Payment Method, Performance – Potential Analysis
7.3. Global Online Food Delivery Services Market Estimates & Forecasts by Payment Method 2020-2030 (USD Billion)
7.4. Online Food Delivery Services Market, Sub Segment Analysis
7.4.1. Cash on Delivery
7.4.2. Online Payment
Chapter 8. Global Online Food Delivery Services Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Online Food Delivery Services Market, Regional Market Snapshot
8.4. North America Online Food Delivery Services Market
8.4.1. U.S. Online Food Delivery Services Market Type breakdown estimates & forecasts, 2020-2030 Distribution Channel breakdown estimates & forecasts, 2020-2030 Payment Method breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Online Food Delivery Services Market
8.5. Europe Online Food Delivery Services Market Snapshot
8.5.1. U.K. Online Food Delivery Services Market
8.5.2. Germany Online Food Delivery Services Market
8.5.3. France Online Food Delivery Services Market
8.5.4. Spain Online Food Delivery Services Market
8.5.5. Italy Online Food Delivery Services Market
8.5.6. Rest of Europe Online Food Delivery Services Market
8.6. Asia-Pacific Online Food Delivery Services Market Snapshot
8.6.1. China Online Food Delivery Services Market
8.6.2. India Online Food Delivery Services Market
8.6.3. Japan Online Food Delivery Services Market
8.6.4. Australia Online Food Delivery Services Market
8.6.5. South Korea Online Food Delivery Services Market
8.6.6. Rest of Asia Pacific Online Food Delivery Services Market
8.7. Latin America Online Food Delivery Services Market Snapshot
8.7.1. Brazil Online Food Delivery Services Market
8.7.2. Mexico Online Food Delivery Services Market
8.8. Middle East & Africa Online Food Delivery Services Market
8.8.1. Saudi Arabia Online Food Delivery Services Market
8.8.2. South Africa Online Food Delivery Services Market
8.8.3. Rest of Middle East & Africa Online Food Delivery Services Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Zomato Limited Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Delivery Hero
9.3.3. Just Eat Holdings Limited
9.3.4. Deliveroo Holdings PLC
9.3.5. Postmates Inc.
9.3.6. Takeaway.com Group BV.
9.3.7. ELEME Inc.
9.3.8. Foodpanda
9.3.9. Pizza hut
9.3.10. Grubhub Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now