Online Food Delivery Market Size (2024 - 2029)

The online food delivery market is experiencing significant growth, driven by the increasing popularity of delivery apps and the convenience they offer. This market expansion is further accelerated by the shift in consumer behavior towards online ordering, a trend that has been intensified by the COVID-19 pandemic. In the United States, third-party delivery services have gained traction, especially among younger consumers, while China’s market is led by major players offering competitive pricing. Europe presents a diverse market landscape with a mix of local and international services. As the industry evolves, driven by technological advancements and changing consumer expectations, market participants must continuously innovate to maintain their competitive edge.

INSTANT ACCESS

Home Market Analysis Food & Beverage Research Food Research Foodservice Research Online Food Delivery Research Online Food Delivery Services Market Market Size

Market Size of Online Food Delivery Industry

Online Food Delivery Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 0.68 Trillion
Market Size (2029) USD 1.37 Trillion
CAGR (2024 - 2029) 15.01 %
Fastest Growing Market Asia-Pacific
Largest Market Asia Pacific

Major Players

Online Food Delivery Market Major Players

*Disclaimer: Major Players sorted in no particular order

Online Food Delivery Market Analysis

The Online Food Delivery Market size is estimated at USD 0.68 trillion in 2024, and is expected to reach USD 1.37 trillion by 2029, growing at a CAGR of 15.01% during the forecast period (2024-2029).

Online food delivery apps have become increasingly popular worldwide, with more and more consumers opting to order their meals online. The convenience of ordering meals online has led to a significant increase in consumers using online food delivery services. These services offer ease of ordering, the availability of a wide range of cuisines, and the ability to track orders in real time. Additionally, the COVID-19 pandemic has accelerated the adoption of online food delivery services as consumers look for contactless options to order food. 

In the United States, the online food delivery market has seen significant growth, with the rise of third-party delivery services such as Uber Eats, DoorDash, and Grubhub. These platforms have become increasingly popular, particularly among younger consumers, who value the convenience and variety of options available. In China, the online food delivery market has become dominated by major players, Meituan and Ele Me, which have leveraged their scale to offer competitive pricing and a wide range of services. The market in Europe has presented a more diverse landscape with a mix of local and international players. 

Overall, the online food delivery industry continues to evolve rapidly, driven by changing consumer habits, technological advancements, and market dynamics. As competition intensifies and consumer expectations evolve, players must continue to innovate and adapt to stay relevant in this dynamic landscape.

Online Food Delivery Industry Segmentation

Online food delivery is a service through which the user orders food or groceries from the desired food outlet via the Internet.

The global online food delivery market is segmented by business model, platform type, and geography. Based on the business model, the market is segmented into a logistics-focused food delivery system and a restaurant-specific food delivery system. Based on the platform type, the market is segmented into mobile/tablet applications and websites. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.

The report offers market size and forecast in value terms in USD for all the above segments.

Business Model
Logistics-focused Food Delivery System
Restaurant-specific Food Delivery System
Platform Type
Mobile/Tablet Applications
Websites
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
United Arab Emirates
South Africa
Rest of Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Online Food Delivery Market Size Summary

The online food delivery market is experiencing robust growth, driven by the increasing popularity of food delivery apps and changing consumer preferences. The convenience of ordering meals online, coupled with the availability of diverse cuisines and real-time order tracking, has led to a surge in consumer adoption. The COVID-19 pandemic further accelerated this trend as consumers sought contactless food ordering options. In the United States, third-party delivery services like Uber Eats, DoorDash, and Grubhub have gained significant traction, particularly among younger consumers. Meanwhile, in China, major players such as Meituan and Ele Me dominate the market, leveraging their scale for competitive pricing and service offerings. Europe presents a diverse landscape with a mix of local and international players, contributing to the dynamic evolution of the industry.

As consumer awareness of health, sustainability, and ethical food choices grows, online food delivery platforms are increasingly offering healthy and sustainable options, including plant-based meals and locally sourced ingredients. This shift is also evident in the rise of niche services catering to specific dietary preferences. The Asia Pacific region has seen a rise in online food delivery due to factors like rising disposable income and mobile device penetration, with the pandemic further boosting adoption. Technological advancements, such as AI and data analytics, are enhancing user experiences through personalized recommendations and predictive delivery. The market remains highly competitive, with key players focusing on expansion, mergers, acquisitions, and technological innovation to maintain their market position.

Explore More

Online Food Delivery Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

      1. 1.1.1 Convenience Offered By Online Food Delivery Services

      2. 1.1.2 Attractive Offers And Memberships Along With Advertisements And Marketing By Players

    2. 1.2 Market Restraints

      1. 1.2.1 Consumers Desire For Fine Dining Experience

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Business Model

      1. 2.1.1 Logistics-focused Food Delivery System

      2. 2.1.2 Restaurant-specific Food Delivery System

    2. 2.2 Platform Type

      1. 2.2.1 Mobile/Tablet Applications

      2. 2.2.2 Websites

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

        4. 2.3.1.4 Rest of North America

      2. 2.3.2 Europe

        1. 2.3.2.1 Spain

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 Germany

        4. 2.3.2.4 France

        5. 2.3.2.5 Italy

        6. 2.3.2.6 Russia

        7. 2.3.2.7 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 Australia

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 United Arab Emirates

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Online Food Delivery Market Size FAQs

The Online Food Delivery Market size is expected to reach USD 0.68 trillion in 2024 and grow at a CAGR of 15.01% to reach USD 1.37 trillion by 2029.

In 2024, the Online Food Delivery Market size is expected to reach USD 0.68 trillion.

Online Food Delivery Market Report Snapshots

Online Food Delivery Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)