Emergen Research Logo

Availability of a wide variety of food options online that can be delivered to consumer doorstep in a reasonable time frame

VANCOUVER, B.C., CANADA, June 15, 2023/EINPresswire.com/ -- The global food delivery services market size is expected to reach USD 311.43 Billion at a steady revenue CAGR of 11.4% in 2028, according to latest analysis by Emergen Research. The industry for food delivery services has experienced rapid expansion in recent years, driven by consumers' rising need for convenient and quick meal options. A large variety of food options are available at this market, including restaurant meals, groceries, and even speciality foods that are delivered right to the customers' doorsteps. The market for meal delivery services is expanding as a result of the proliferation of digital platforms and mobile applications, which have improved accessibility and efficiency for placing food orders.

The evolving consumer preferences and lifestyles are one of the major forces boosting the market for meal delivery services. More people are choosing the convenience of having food delivered to their homes or businesses due to busy schedules and the desire for time-saving alternatives. Urban dwellers with little time for cooking or dining out are especially prone to this habit. Food delivery businesses meet this need by providing a variety of cuisines and menu choices to accommodate various tastes and dietary requirements.

Request a PDF sample copy of the report @https://www.emergenresearch.com/request-sample/750

The quick development of technology and the widespread usage of cellphones are two additional factors driving the market for meal delivery services. Ordering food has become exceedingly simple and practical with the introduction of mobile applications and online platforms. With only a few clicks on their smartphones, customers can explore menus, place orders, and track deliveries in real-time. The market for meal delivery services has grown dramatically as a result of the flawless user experience, which has encouraged more consumers to choose this practical dining choice.

The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Food Delivery Services market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

Companies profiled in the global Food Delivery Services market:

DoorDash, GrubHub, Uber Delivery, Just Eat Takeaway, Zomato, Deliveroo, Swiggy, Postmates Inc., Foodpanda, and Ele.me (Alibaba).

To view the detailed ToC of the global Food Delivery Services market report, visit @https://www.emergenresearch.com/industry-report/food-delivery-services-market

Some Key Highlights From the Report

In June 2021, DoorDash, which is the top U.S. food delivery app, entered the Asian market by launching in Japan. The company is focusing on expanding globally to leverage opportunities resulting from the situation created by the COVID-29 pandemic. The company is small, but foraying into Japan is giving it access to one of the most restaurant-dense countries in the world.

Full-stack model segment revenue is expected to expand at a significantly robust rate during the forecast period as most back-end requirements and apps are taken care of by the food delivery service providers. They develop the app, hire delivery staff, and cooks/chefs to prepare food in-house. These are known as cloud kitchens where dining facility is not available. Although, these models require substantial investment, earnings increase steadily once sufficient scale is achieved.

Restaurant prepared food delivery segment accounted for largest revenue share in 2020 as social mentions of such deliveries by customers have skyrocketed, especially during COVID-19 pandemic. Companies such as GrubHub, JustEat, and Foodpanda have partnered with restaurants and deliver food to a sizable number of customers.

Emergen Research has segmented the global food delivery services market on the basis of platform, model, type, payments, and region:

Platform Outlook (Revenue, USD Billion; 2018–2028)

Online

Offline

Online to Offline (O2O)

Model Outlook (Revenue, USD Billion; 2018–2028)

Platform to Customer

Aggregators

Full-Stack Model

Restaurant to Consumer Model

Type Outlook (Revenue, USD Billion; 2018–2028)

Meal Kits Delivery

Restaurant Prepared Food Delivery

Grocery Delivery

Veggie Box Delivery

Payments Outlook (Revenue, USD Billion; 2018–2028)

Cash on Delivery

Online Payment

Request a discount on the report @https://www.emergenresearch.com/request-discount/750

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Outlook of Food Delivery Services Market:

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

Italy

France

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

How will the Food Delivery Services Market, 2021 to 2028 report help you?

In summary, our 250-page report provides you with the following knowledge:

Revenue forecasts to 2028 for Food Delivery Services Market, 2021 to 2028 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.

Revenue forecasts to 2028 for four regional and 20 key national markets – See forecasts for the Food Delivery Services Market, 2021 to 2028 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.

Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Food Delivery Services Market, 2021 to 2028.

Request a customization of the report @https://www.emergenresearch.com/request-for-customization/750

Thank you for reading the research report. To get more information about the customized report and customization plan, kindly connect to us and we will provide you with the well-suited customized report.

About Us:

At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade

Eric Lee
Emergen Research
+91 90210 91709
sales@emergenresearch.com
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.