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NEW YORK, July 4, 2022 /PRNewswire/ — The online on-demand food delivery services market is segmented into two categories based on the business model (order-focused food delivery services and logistics-focused food delivery services) and geography (APAC, North America, Europe, MEA, and South America). APAC will lead the market growth in terms of geography during the forecast period. The increased investments by vendors in improving the efficiency of logistics and the rising consumer willingness to spend on food delivery services will drive the online on-demand food delivery services market growth in APAC during the forecast period. Moreover, market growth in this region will be faster than the growth of the market in other regions. China, India, and Japan are the key countries for the online on-demand food delivery services market in APAC.
The online on-demand food delivery services market size is expected to grow by USD 118 billion from 2020 to 2025, at a CAGR of 19.52% during the forecast period.
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Parent Market Analysis
Technavio categorizes the global online on-demand food delivery services market as part of the global restaurants market. External factors influencing the parent market’s growth potential in the coming years have been thoroughly investigated in our research analysis. To know more about the levels of growth of the market throughout the forecast period, Download a Report Sample.
Online On-Demand Food Delivery Services Market Value Chain Analysis
The core components of the value chain of the restaurants market include the following:
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Inputs
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Inbound logistics
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Operations
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Outbound logistics
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Marketing and sales
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Service
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Support activities
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Innovation
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Vendor Insights
The online on-demand food delivery services market is fragmented and the vendors are deploying growth strategies such as pricing and marketing strategies to compete in the market. We provide a detailed analysis of vendors operating in the market, including Alibaba Group Holding Ltd., Delivery Hero SE, Glovoapp23 SL, Grab Holdings Inc., Grubhub Inc., Just Eat Takeaway.com NV, Meituan Dianping, Roofoods Ltd., Uber Technologies Inc., and Zomato Media Pvt. Ltd. among others.
Product Offerings
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Alibaba Group Holding Ltd. – The company offers online on-demand food delivery services such as Ele.me, Alipay, Taobao, and Koubei mobile apps to order meals, food, groceries, and many more.
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Delivery Hero SE – The company offers foodpanda, which provides a wide range of food, groceries, and more, quickly and conveniently.
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Glovoapp23 SL – The company offers online on-demand food delivery services such as glovo that are convenient and less time-consuming.
The Online On-Demand Food Delivery Services Market forecast report offers in-depth insights into key vendor profiles and offerings. Download a Sample Report
Key Market Dynamics-
Online on-demand food delivery service vendors are partnering with established restaurants. For instance, in January 2020, McDonald’s India announced that it had partnered with Zomato to expand the availability and accessibility of food products in North India and East India. In October 2021, Rebel Foods reportedly partnered with Foodpanda to expand its presence in Southeast Asia.
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Online On-Demand Food Delivery Services Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
19.52 % |
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Market growth 2021-2025 |
USD 118 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
28.78 |
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Regional analysis |
APAC, North America, Europe, MEA, and South America |
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Performing market contribution |
APAC at 57% |
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Key consumer countries |
China, US, India, UK, and Japan |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Alibaba Group Holding Ltd., Delivery Hero SE, Glovoapp23SL, Grab Holdings Inc.,Grubhub Inc., Just Eat Takeawaycom NV, |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized |
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Business model
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Us:
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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