- Report
- Online Food Delivery Services Market
Online Food Delivery Services Market
Online Food Delivery Services Market By Type (Restaurant -to- Consumer, Platform
- to- Consumer), Channel Type (Website/ Desktop, Mobile Application), Payment
Method (Cash on Delivery, Online) & Region - Forecast 2021 - 2031
Market Insights on Online Food Delivery Services covering sales outlook, demand forecast & up-to-date
key trends
Online Food Delivery Services Market Snapshot (2021-2031)
[250 Pages Report] Total sales in the global online food delivery services
market reached a valuation of US$ 37,982 Mn in 2021. As per Future Market
Insights (FMI), the overall market value is expected to reach US$ 10, 26,439
Mn by 2031, rising at a CAGR of 9.5% for 2021-31.
Attribute
Details
Market Size Value in 2020
US$ 3,50,000 Million
Market Forecast Value in 2031
US$ 10,26,439.5 Million
Global Growth Rate
9.5%
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Consumers’ exposure to online services is increasing exponentially. Rising
internet prevalence and drastically increased smartphone accessibility is
enabling consumers to access various food delivery apps, which is expected to
drive sales in the doorstep food delivery market.
Online food delivery services may be among those who have benefited the most
from the current circumstances. The amazing evolution of food delivery
aggregators such as Swiggy and Zomato in the Indian market demonstrates the
online food industry's success. Furthermore, sociological food delivery industry
trends such as the growing number of families with dual income earners and
changing consumer lifestyles are propelling demand in the online food delivery
services market.
Online food delivery services market research performed by FMI includes key
findings such as the latest and speculative production capacity, capacity
utilization rates of each manufactur