Online Food Delivery & Takeaway
Online Food Delivery & Takeaway Market by Food Price Range (High, Low, Mid), Food Type (Non-veg, Veg), Product Type, Distribution Channel, Application - Global Forecast 2024-2030
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[182 Pages Report] The Online Food Delivery & Takeaway Market size was estimated at USD 26.10 billion in 2023 and expected to reach USD 28.55 billion in 2024, at a CAGR 9.46% to reach USD 49.15 billion by 2030.

The online food delivery and takeaway market consists of sales of food items and beverages through online platforms that deliver food to customers at their doorstep or provide options for customers to pick up their orders. This market operates through various business models, including traditional restaurants offering online ordering, third-party aggregators, and cloud kitchens. The market caters to a broad range of customers seeking convenience, diverse cuisine options, and quick service. The market's growth is propelled by technological enhancements, shifting work-life dynamics, expanding internet penetration, and a richer mix of culinary offerings. It holds significant potential in embracing futuristic technologies, implementing subscription services, adopting green practices, and forming strategic alliances. However, the market faces challenges, such as intense competition, operational bottlenecks, regulatory constraints, and the need for constant innovation to ensure customer commitment. Focal areas for business expansion and research include drone deliveries, AI analytics, wholesome menu options, and immersive ordering experiences, all geared towards improving customer satisfaction and streamlining service delivery.

Regional Insights

The online food delivery and takeaway market is substantially transforming as it adapts to the changing consumer lifestyles and preferences globally. The market is soaring in the Americas, with consumers demanding convenience alongside healthy and gourmet meals. Big industry players are strengthening their positions through mergers and acquisitions, while tech startups inject innovation with personalized AI-driven experiences and advancements like drone deliveries. Contactless and subscription-based services are part of the evolving trends in line with consumer demands. Meanwhile, in Canada, the industry has mirrored resilience against the backdrop of the pandemic, with a noticeable shift towards supporting local platforms and embracing smart technology, improving customer experiences and addressing the call for sustainability. Moving over to the EU, a fragmented yet growing demand for quick and convenient services characterizes the market, where the rights of gig economy workers and sustainability measures, including electric vehicle deliveries, are shaping the industry. Contrastingly, the Middle East is fueled by a young and tech-savvy demographic, propelling investments in mobile app development and luxury dining experiences, while Africa's market is burgeoning, bolstered by local innovators overcoming unique regional challenges. Asia Pacific is excelling, driven by immense markets such as China and India, where integration with social media and payment platforms and a mobile app usage surge influence the industry.

Online Food Delivery & Takeaway Market
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Market Dynamics

The market dynamics represent an ever-changing landscape of the Online Food Delivery & Takeaway Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Increased Penetration of Internet and Smartphones
    • Convenience Provided by Food Ordering Platforms
    • Increasing Hectic Work Schedule and Congested Metropolitan Cities
  • Market Restraints
    • Inability to Keep up with Ordered Volume and Consistency of Food Delivery
  • Market Opportunities
    • Presence of Large and Well-Organized Food Service Sector
    • Continuous Innovation in the Food Ordering and Delivery Segment
    • Economic Growth and High Urbanization Rate with Higher Disposable Income
  • Market Challenges
    • Unavailability of Skilled Delivery and Logistics Staff
Market Segmentation Analysis
  • Food Type: Rising demand for veg and non-veg food on online food delivery applications

    The non-vegetarian segment of the online food delivery and takeaway market comprises dishes that include meat, poultry, fish, and other seafood. This segment attracts customers who prefer protein-rich diets and have a palate for diverse flavors from different cooking methods and cultural cuisines. The vegetarian segment includes dishes free from meat and sometimes other animal products. This segment has grown significantly due to increased health awareness and ethical concerns surrounding meat consumption.

  • Distribution Channel: Expanding demand for online delivery in fast-food chain restaurants

    Fast-food chain restaurants represent a significant online food delivery and takeaway market segment. Such establishments are typically known for their quick service, standardized menus, and consistent quality across different locations. The need-based preference for fast-food chain restaurants includes convenience, speed, and familiarity of offerings. Independent restaurants cater to customers seeking unique and often gourmet experiences. The need-based preference here pivots on quality, authenticity, and customized experiences. Unlike fast-food chains, independent restaurants often provide various cuisines and customizations. Online channels form the backbone of the distribution network for food delivery and takeaway services. These platforms address the demand for convenience, variety, and user-friendliness. Customers typically utilize online channels through mobile apps or websites.

Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Online Food Delivery & Takeaway Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Online Food Delivery & Takeaway Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Online Food Delivery & Takeaway Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Online Food Delivery & Takeaway Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Online Food Delivery & Takeaway Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Online Food Delivery & Takeaway Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Online Food Delivery & Takeaway Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Online Food Delivery & Takeaway Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Online Food Delivery & Takeaway Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Online Food Delivery & Takeaway Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

Before discovering 360iResearch's Online Food Delivery & Takeaway Market Research Report, LimeTray faced significant challenges in navigating market trends and consumer behaviors. The report's thorough analysis of the economic growth, high urbanization rate, and increased disposable income provided us with valuable insights and actionable strategies. These findings not only helped us understand the market dynamics but also enabled us to optimize our operations and increase our market share. We are incredibly satisfied with the positive impact this report has had on our organization.
LimeTray
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FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Online Food Delivery & Takeaway Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Online Food Delivery & Takeaway Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Just Eat Takeaway.com to Trial New In-Car Food Ordering Service

    Just Eat Takeaway.com, a provider of online food delivery and takeaway services, has announced plans to initiate an innovative in-car food ordering trial in Europe, slated to commence in the first half of 2024. This cutting-edge service aims to enhance customer convenience by integrating a seamless food ordering system within vehicles, allowing patrons to place orders directly from their cars' interfaces. [Published On: 2023-12-21]

  • Aldi Launches Takeaway Pizza Delivery Service

    Supermarket chain Aldi has strategically entered the competitive online food delivery market by unveiling its inaugural takeaway pizza delivery service. This initiative represents Aldi's adaptation to evolving consumer demands and harnesses the potential of the burgeoning online food ordering sector. By partnering with the delivery start-up Deliveroo, Aldi offers a selection of its most popular fresh pizzas directly to customers' doorsteps, thereby diversifying its business model beyond traditional in-store shopping experiences. [Published On: 2023-09-19]

  • PizzaExpress Partners With Uber Eats to Launch New Delivery Platform

    PizzaExpress announced a partnership with Uber Eats. to capitalize on the burgeoning online food delivery and takeaway market, which has seen significant growth in recent years. Through this alliance, PizzaExpress intends to offer its culinary specialties to a wider audience, leveraging Uber Eats's vast and efficient delivery network. [Published On: 2023-07-05]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Online Food Delivery & Takeaway Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Before utilizing the 'Online Food Delivery & Takeaway Market Research Report' by 360iResearch, Deliveroo plc faced difficulties in understanding the dynamics of our competitive landscape. The insights into the 'Presence of Large and Well-Organized Food Service Sector' provided actionable strategies that transformed our approach. For example, recognizing regional market leaders helped us refine our marketing strategies, enhancing our customer outreach and engagement. We're extremely satisfied with the positive impact it had on our operations, and this report is now a strategic asset in our planning and decision-making processes.
Deliveroo plc
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Key Company Profiles

The report delves into recent significant developments in the Online Food Delivery & Takeaway Market, highlighting leading vendors and their innovative profiles. These include DoorDash, Inc., LimeTray, Deliveroo plc, Pizza Hut, LLC, Uber Technologies, Inc., Restaumatic, Domino's Pizza, Inc., Grubhub Inc. by Just Eat Takeaway.com N.V., Just Eat Take​away​.com N.V., Mobo Innovations Ltd., McDonald's Corporation, Delivery Hero SE, Roofoods Ltd, Papa John's International, Inc., Hellofresh SE, Pop Meals, Ola Foods by ANI Technologies Pvt. Ltd, Zomato Media Pvt. Ltd., Rebel Foods Private Limited, Instacart, Tillster, Inc., Blue Apron, LLC, Swiggy by Bundl Technologies Private Limited, and Meituan Waimai.

Online Food Delivery & Takeaway Market - Global Forecast 2024-2030
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Market Segmentation & Coverage

This research report categorizes the Online Food Delivery & Takeaway Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Food Price Range
    • High
    • Low
    • Mid
  • Food Type
    • Non-veg
    • Veg
  • Product Type
    • Client App
    • Courier Side App
    • Restaurant Side App
  • Distribution Channel
    • Fast-Food Chain Restaurants
    • Independent Restaurants
    • Online Channels
  • Application
    • B2B
    • B2C

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Online Food Delivery & Takeaway Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Online Food Delivery & Takeaway Market, by Food Price Range
  7. Online Food Delivery & Takeaway Market, by Food Type
  8. Online Food Delivery & Takeaway Market, by Product Type
  9. Online Food Delivery & Takeaway Market, by Distribution Channel
  10. Online Food Delivery & Takeaway Market, by Application
  11. Americas Online Food Delivery & Takeaway Market
  12. Asia-Pacific Online Food Delivery & Takeaway Market
  13. Europe, Middle East & Africa Online Food Delivery & Takeaway Market
  14. Competitive Landscape
  15. Competitive Portfolio
  16. List of Figures [Total: 26]
  17. List of Tables [Total: 462]
  18. List of Companies Mentioned [Total: 24]
The Future of Online Food Delivery and Takeaway
October 22, 2023
BLOG
The Future of Online Food Delivery and Takeaway
Online food delivery and takeaway have become integral to everyone's daily lives in recent years. Individuals, particularly busy working professionals and college students, rely on online food delivery platforms to satisfy their hunger and cravings. With increasing competition and continuous innovation in the food ordering and delivery segment, it is crucial to analyze the current scenario and the future of online food delivery and takeaway.

Increasing Demand:

One of the significant factors driving the growth and innovation in the online food delivery and takeaway segment is the increasing demand. This growth is attributed to factors such as the rising number of smartphone users, growing urbanization, and busy lifestyles. Moreover, many restaurants are partnering with online food delivery platforms to achieve a wider customer base and expand their business.

Technological Advancements:

Another critical driver for continuous innovation in the online food delivery and takeaway segment is technological advancements. With the increasing use of smartphones, mobile apps, and online payment systems, it has become easier for customers to order food on online platforms and deliver it to their doorstep. Moreover, logistics and supply chain management advancements have enabled online food delivery platforms to provide faster and more efficient delivery services. In addition, integrating AI and machine learning has helped improve customer experience, personalization, and demand prediction.

Changing Consumer Preferences:

The changing consumer preferences have also led to continuous innovation in the online food delivery and takeaway segment. Today's consumers are looking for more than just convenience and speed. They want healthy, fresh, and high-quality food delivered to their doorstep. Therefore, many online food delivery platforms partner with local and organic food providers to offer healthy and sustainable food options. Moreover, many platforms are providing contactless delivery options to maintain social distancing and ensure customer safety since the COVID-19 pandemic.

Partnership and Consolidation:

Partnerships and consolidation also drive innovation and growth in the online food delivery and takeaway segment. Many online food delivery platforms are partnering with popular restaurants and food chains to offer their customers a wider variety of food options. Moreover, many platforms are entering into strategic partnerships with logistics and supply chain management companies to improve delivery services. In addition, consolidation in the industry is leading to the emergence of dominant players who are investing heavily in technology and innovation to maintain their position in the market.

Challenges and Opportunities:

Though the online food delivery and takeaway segment is witnessing tremendous growth and innovation, it faces many challenges and opportunities. One of the significant challenges is the high competition and low-profit margins. Moreover, many restaurants and food chains are venturing into online food delivery, increasing competition and price wars. However, this also presents opportunities for online food delivery platforms to differentiate themselves by providing unique value propositions and improving customer experience.

The online food delivery and takeaway segment is witnessing continuous innovation and growth, driven by various factors such as increasing demand, technological advancements, changing consumer preferences, and partnerships. As the market size and competition continue to grow, it is crucial for online food delivery platforms to invest in technology, sustainability, and customer experience to stay ahead of the game. The future of online food delivery and takeaway looks bright, but it also presents various challenges and opportunities that must be addressed for sustainable growth and profitability.

Frequently Asked Questions
  1. How big is the Online Food Delivery & Takeaway Market?
    Ans. The Global Online Food Delivery & Takeaway Market size was estimated at USD 26.10 billion in 2023 and expected to reach USD 28.55 billion in 2024.
  2. What is the Online Food Delivery & Takeaway Market growth?
    Ans. The Global Online Food Delivery & Takeaway Market to grow USD 49.15 billion by 2030, at a CAGR of 9.46%
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    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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